Graphite One Announces Financing
WWW.GRAPHITEONERESOURCES.COM GPH: TSX-V GPHOF: WWW.GRAPHITEONEINC.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
April 4, 2019 – Vancouver, British Columbia – Graphite One 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$2,000,000.
The Corporation plans to issue up to 6.67 million units (the “U nits”) at a price of CA$0.30 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$0.30 per
Common Share and will expire one year 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 end of April 2019, 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.
It is anticipated that Taiga Mining Company, Inc. (“Taiga”) wil l participate in the Private Placement and
t h a t t h e i s s u a n c e o f U n i t s t o T a iga pursuant to the Private Placement (“Insider Participation”) will be
c o n s i d e r e d t o b e a r e l a t e d p a r t y t r a n s a c t i o n w i t h i n t h e m e a n i n g of TSXV Policy 5.9 and Multilateral
Instrument 61‐101 (“MI 61‐101”). The Company intends to rely o n the exemptions from the valuation
and minority shareholder approval requirements of MI 61‐101 con tained in Sections 5.5(b) and 5.7(1)(b)
of MI 61‐101 in respect of the Insider Participation.
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 INC. (GPH: TSX‐V; GPHOF: OTCQB) continues to develop its Graphite One Project (the
“Project”), whereby the Company could potentially become an Ame rican producer of high grade Coated
Spherical Graphite (“CSG”) that is integrated with a domestic graphite resource. The Project is proposed
as a vertically integrated enterprise to mine, process and manufacture high grade CSG 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 Co mpany’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. CSG and other value‐added graphite products, would likely be
WWW.GRAPHITEONERESOURCES.COM GPH: TSX-V GPHOF: WWW.GRAPHITEONEINC.COM GPH: TSX-V GPHOF: OTCQB
manufactured from the concentrate at the Company’s proposed gra phite product 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.
ON BEHALF OF THE BOARD OF DIRECTORS
"Anthony Huston” (signed)
For more information on Graphite One Inc please visit the Compa ny’s website,
www.GraphiteOneInc.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, the participa tion of insiders in the Offering, receipt of
regulatory approvals, exploration drilling, exploitation activities and events or developments that the
Company expects, are forward‐looking statements. 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 act ual 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, 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 cap ital and financing, and general economic,
market or business conditions. Readers are cautioned not to pla ce 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.