GPH: TSX‐V GPHOF: OTCQX graphiteoneinc.com Graphite One CFO Retires, Interim CFO Appointed
GPH: TSX‐V GPHOF: OTCQX
graphiteoneinc.com
Graphite One CFO Retires, Interim CFO
Appointed
March 1, 2022 – Vancouver, British Columbia –Graphite One Inc. (GPH: TSX‐V;
GPHOF: OTCQX) (“Graphite One” or the “Company”) announces that W. Alan Ahlgren,
Chief Financial Officer and Corporate Secretary, is retiring after 7 years with the Company.
Gordon Jang has been appointed Interim Chief Financial Officer by the Board of Directors
while the Company seeks a permanent replacement. Mr. Ahlgren will continue on with the
Company in a consulting role to assist with the transition.
“Alan has made an immense contribution to the Company. We thank him for his years of
dedication, guidance and friendship and wish him well in his retirement. The Company is
fortunate to retain Gordon Jang to step in on an interim basis. He brings significant
experience and expertise. We also appreciate that Alan has agreed to assist with the
transition for an extended period.”
Gordon Jang, CPA, CMA has over 25 years of experience in senior management roles with
mid-to-large mining companies. He brings a wealth of expertise in capital markets, M&A,
SOX compliance, external financial reporting, corporate restructuring, cost analysis and
process improvements. Mr. Jang was previously the Vice-President of Finance and
Accounting at Fortuna Silver Mines, and prior to that, has held senior positions at Augusta
Resources, Lundin Mining and Pan American Silver.
About Graphite One Inc.
GRAPHITE ONE INC. (GPH: TSX‐V; GPHOF: OTCQB) continues to develop its Graphite
One Project (the “Project”), whereby the Company could potentially become an American
producer of high grade anode materials that is integrated with a domestic graphite
resource. The Project is proposed as a vertically integrated enterprise to mine, process and
manufacture high grade anode materials primarily for the lithium‐ion electric vehicle battery
market. As set forth in the Company’s Preliminary Economic Assessment, potential
graphite mineralization mined from the Company’s Graphite Creek Property, is expected to
be processed into concentrate at a graphite processing plant. The proposed processing
plant would be located on the Graphite Creek Property situated on the Seward Peninsula
about 60 kilometers north of Nome, Alaska. Graphite anodes and other value‐added
graphite products would be manufactured from the concentrate and other materials at the
Company’s proposed advanced graphite materials manufacturing facility, the location of
which is the subject of further study and analysis. The Company intends to make a
production decision on the Project once a feasibility study is completed.
GPH: TSX‐V GPHOF: OTCQX
graphiteoneinc.com
On Behalf of the Board of Directors
"Anthony Huston” (signed)
For more information on Graphite One Inc., please visit the Company’s website,
www.GraphiteOneInc.com or contact:
Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: [email protected]
Investor Relations Contact
Tel: (604) 684-6730
Neither the 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.
All statements in this release, other than statements of historical facts, including those
related to the timing and completion of the anticipated Pre-Feasibility Study, future
production, establishment of a processing plant and a graphite manufacturing plant, and
events or developments that the Company intends, expects, plans, or proposes are
forward-looking statements Generally, forward‐looking information can be identified by the
use of forward‐looking terminology such as “proposes”, “expects”, or “is expected”,
“scheduled”, “estimates”, “projects”, “intends”, “assumes”, “believes”, “indicates” or
variations of such words and phrases that state that certain actions, events or results
“may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. The Company
cautions that there is no certainty that tests of the Company’s material will be successful or
that such tests will result in the development of successful products. Although the Company
believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and
actual results or developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ materially from those in
forward-looking statements include market prices, exploitation and exploration successes,
continuity of mineralization, uncertainties related to the ability to obtain necessary permits,
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licenses and title and delays due to third party opposition, changes in government policies
regarding mining and natural resource exploration and exploitation, and continued
availability of capital and financing, and general economic, market or business conditions.
Readers are cautioned not to place undue reliance on this forward-looking information,
which is given as of the date it is expressed in this press release, and the Company
undertakes no obligation to update publicly or revise any forward-looking information,
except as required by applicable securities laws. For more information on the Company,
investors should review the Company's continuous disclosure filings that are available at
www.sedar.com.