Graphite One Announces Financing
WWW.GRAPHITEONERESOURCES.COM GPH: TSX‐V GPHOF: OTCQB
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
Graphite One Announces Financing
May 1, 2018 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX‐V; GPHOF: OTCQB)
(“Graphite One” or the “Corporation”) announces that it intends to complete a non‐brokered private
placement offering (the “Offering”) to raise gross proceeds of up to CA$2,500,000.
The Corporation plans to issue up to 35.7 million units (the “U nits”) at a price of CA$0.07 per Unit. Each
Unit consists of one common share and one transferable common share purchase warrant (a “Warrant”).
Each Warrant entitles the holder to purchase one full Common Sh are at a purchase price of CA$0.12 per
Common Share and will expire on the earlier of: (a) five years from the date of issuance; and (b) in the
event the Common Shares trade at a volume of C$0.21 or more on the TSXV Venture Exchange or the
Toronto Stock Exchange for 10 consecutive trading days, the Corporation may, at its option, issue a press
release and a notice to the Warrantholder for the expiry of the Warrants on that date that is 45 days from
the press release and notice and the Warrantholder may exercise the Warrants during this 45 day period
(but no later than two years from the date of issuance).
The Company may pay finders' fees to arm’s‐length parties in connection with the Offering.
The net proceeds of the Offering will be used for exploration and development of the Company’s Graphite
Creek Project and for general working capital purposes.
Closing is expected to occur on or around the middle of May 201 8, subject to receipt of final applicable
regulatory approvals including approval of the TSX Venture Exch ange. All securities issued in connection
wi t h t he O f fe r i n g wi l l b e su b j e c t t o a r e st r i c t ed p er i od th at expires four months following the date of
issuance.
T h i s m e d i a r e l e a s e d o e s n o t c o n s t i t u t e a n o f f e r t o s e l l o r a s ol i c i t a t i o n o f a n o f f e r t o b u y a n y o f t h e
securities in the United States. The securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may
not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
About Graphite One
GRAPHITE ONE RESOURCES INC. (GPH: TSX‐V; GPHOF: OTCQB) is explo ring with the intent to develop
the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward
Peninsula of Alaska about 60 miles north of Nome. The Project is progressing from the exploration to
the evaluation phase. Work to date has identified a large, high grade and at‐surface resource with
simple geology and good mineralization continuity. The Project has the potential to produce products
that will effectively compete in the high end battery market (for both electric vehicles and power
storage) as well as other markets for purified graphite and graphite by‐products. For more information
please see www.graphiteoneresources.com.
WWW.GRAPHITEONERESOURCES.COM GPH: TSX‐V GPHOF: OTCQB
ON BEHALF OF THE BOARD OF DIRECTORS
"Anthony Huston” (signed)
For more information on Graphite One Resources Inc please visit the Company’s website,
www.GraphiteOneResources.com or contact:
Anthony Huston
CEO, President & Director
Tel: (604) 889‐4251
Email: [email protected]
Investor Relations Contact
1‐604‐684‐6730
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.
This release includes certain statements that may be deemed to be forward‐looking statements. All
statements in this release, other than statements of historical facts that address timing of closing the
Offering, final amount raised under the Offering, receipt of regulatory approvals, exploration drilling,
exploitation activities and events or developments that the Com pany expects, are forward‐looking
statements. Although the Company believes the expectations expr essed in such forward‐looking
statements are based on reasonabl e assumptions, such statements are not guarantees of future
performance and actual results or developments may differ mater ially 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 permit s, licenses and title and delays due to third
party opposition, changes in government policies regarding mini ng 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.