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Graphano Provides Update on Exploration Progress and Strategic Initiatives

Exploration Programs

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Graphano Provides Update on Exploration Progress and Strategic Initiatives

Vancouver, BC, February 18, 2025 - Graphano Energy Ltd. (“Graphano” or the “Company”) (TSX-

V: GEL; OTC PINK: GELEF; FSE:97G0) is pleased to provide a market update regarding its ongoing

exploration, resource development, and strategic initiatives as it advances its graphite assets – the Lac Aux

Bouleaux, Standard Mine, and Black Pearl Projects - in Québec, Canada.

Luisa Moreno, Chief Executive Officer of the Company, stated: “The unprecedented economic conflicts

and rising geopolitical uncertainty make a diversified and resilient supply chain more essential than ever.

Now is the time for Canada to accelerate the development of its critical mineral resources to secure its

position in global markets. At Graphano, we are committed to this effort by responsibly advancing our

graphite projects to meet the growing demand for sustainably sourced graphite in emerging green energy

technologies.”

Planned Initial Resource Estimate and Expanded Metallurgical Work

For 2025, Graphano remains focused on unlocking the value of its graphite properties and expects to publish

an initial resource estimate for select zones that have been explored to date on the Lac Aux Bouleaux and

Standard Mine Projects (together, the “Projects”). This estimate will provide a clearer understanding of the

Projects’ potential and serve as a foundation for future development and production planning.

Additionally, the Company plans to expand its metallurgical work to further assess and optimize the

production of a high-quality graphite concentrate suitable for battery applications and industrial uses.

Strategic Partnerships to Fast-Track Development

As part of its growth strategy, Graphano is actively seeking strategic partnerships to accelerate the

development of its graphite assets. The Company is engaging with potential partners to advance project

financing, technical development and future production.

Canada's critical materials potential is essential for building diversified clean energy technologies supply

chains. As domestic critical materials production strengthens Canada’s economic growth and supports

global net-zero targets, Graphano aims to be a key supplier of clean graphite worldwide.

Continued Exploration and Prospecting Activities

Graphano remains committed to advancing its projects and will continue to conduct basic prospecting

activities in areas that have yet to be explored. As per the Quebec’s new permitting requirements, Graphano

has submitted Authorization for Impact-Causing Exploration Work (ATI) applications for all its properties.

The Company will focus on non -intrusive exploration techniques that do not require ATI authorization

while working through the permitting process to resume broader exploration programs.

Commitment to Growth and Development

Graphano remains dedicated to responsible and sustainable development, maintaining strong community

relationships, and ensuring full compliance with all regulatory requirements. The Company appreciates the

patience and support of its shareholders as it navigates these new regulations and continues working towards

long-term project development.

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Further updates on exploration progress, resource estimates, and partnership developments will be provided

as milestones are achieved.

About Graphano Energy

Graphano Energy Ltd. is an exploration and development company that is focused on evaluating, acquiring,

and developing energy metals resources from exploration to production.

Graphite is one of the most in -demand technology minerals that is required for a green and sustainable

world. The Company’s Lac Aux Bouleaux property, situated adjacent to Canada’s only producing graphite

mine, in Quebec, Canada, has historically been an a ctive area for natural graphite. With the demand for

graphite growing in some of the most prominent and cutting -edge industries, such as lithium batteries in

electric cars and other energy storage technologies, the Company is developing its projects to meet the

demands of the future.

ON BEHALF OF THE BOARD OF DIRECTORS

Luisa Moreno

Chief Executive Officer and Director

E: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain “forward -looking information” and “forward -looking statements”

(collectively “forward-looking statements”) within the meaning of applicable securities legislation. All

statements, other than statements of historical fact, included herein, without limitation, are forward-looking

statements. Forward -looking statements are frequently, but not always, identified by words such as

“expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “poss ible”, and similar

expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur

or be achieved. Forward-looking statements in this news release relate to, among other matters, ongoing

exploration, resource development, metallurgical work and other initiatives to advance the Company’s

projects, publication of an initial resource estimate and the impact or benefits derived therefrom, the

potential of the Company’s projects, strategic partnership developments, and the Company potential to

become a key supplier of graphite. There can be no assurance that such statements will prove to be accurate

and actual results and future events could differ materially from those anticipated in such statements.

Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are

made and are based upon a number of assumptions and estimates that, while considered reasonable by

Graphano, are inherentl y subject to significant business, economic, competitive, political and social

uncertainties and contingencies. Many factors, both known and unknown, could cause actual results,

performance or achievements to be materially different from the results, performance or achievements that

are or may be expressed or implied by such forward -looking statements and the parties have made

assumptions and estimates based on or related to many of these factors. Such factors include, without

limitation, risks associated w ith possible accidents and other risks associated with mineral exploration

operations, the risk that the Company will encounter unanticipated geological factors, risks associated with

the interpretation of exploration results, the possibility that the Comp any may not be able to secure

permitting and other governmental clearances necessary to carry out the Company's exploration plans, the

risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk

of political uncertainties and regulatory or legal changes that might interfere with the Company's business

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and prospects. These risks, as well as others, are disclosed within the Company's filing on SEDAR+ at

www.sedarplus.ca, the Canadian Securities Administrators' national system that all market participants

use for filings and disclosure, which investors are encouraged to review prior to any transaction involving

the securities of the Company. Readers should not place undue reliance on the forward-looking statements

and information contained in this news release concerning these items. Graphano does not assume any

obligation to update the forward -looking statements of beliefs, opinions, projections, or other factors,

should they change, except as required by applicable securities laws.