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Graphite One Announces Listing of Warrants

Listings & Exchange

GRAPHITE ONE ANNOUNCES LISTING OF

WARRANTS

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN

THE

UNITED STATES

./

VANCOUVER, BC

,

Aug. 28, 2025

/CNW/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF)

("Graphite One", "G1" or the "Company") is pleased to announce that in connection with the

completion of its previously announced "best efforts" brokered private placement financing which

closed on

August 22, 2025

(the "Offering"), the Company has applied to list the underlying Warrants

(as defined below) on the TSX Venture Exchange (the "TSXV"). Please see the Company's news

release dated

August 22, 2025

for details related to the closing of the Offering.

Each unit issued under the Offering was issued at a price of

C$0.90

and was comprised of one

common share of the Company (a "Common Share") and one Common Share purchase warrant, (a

"Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share for an exercise

price of

C$1.10

per share for 24 months from the closing of the Offering.

The Company anticipates that 14,784,554 Warrants (being the aggregate number of Warrants

issued pursuant to the Offering) will commence trading on the TSXV on

September 2, 2025

under

the symbol GPH.WT. The ISIN and CUSIP numbers of the Warrants are CA38871F1365 and

38871F136 respectively. The Warrants are governed pursuant to the terms of a warrant indenture

dated

August 22, 2025

between the Company and Computershare Trust Company of

Canada

as

warrant agent (the "

Warrant Indenture

"). A copy of the Warrant Indenture is available under the

Company's profile on

www.sedarplus.ca

. Listing of the Warrants remains subject to TSXV final

approval.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended,

and may not be offered or sold in

the United States

absent registration or an applicable exemption

from the registration requirements. This press release shall not constitute an offer to sell or the

solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such

offer, solicitation or sale would be unlawful.

About Graphite One Inc.

GRAPHITE ONE INC. continues to develop its Graphite One Project (the

"Project

"), with the goal of

becoming 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 and process

natural graphite and to manufacture artificial and natural graphite anode active materials primarily for

the lithium

ion electric vehicle battery and energy storage markets.

For more information on Graphite One Inc., please visit the Company's website,

www.GraphiteOneInc.com

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 press release shall not constitute an offer to sell or the solicitation of an offer to buy securities

in

the United States

, nor shall there be any sale of the securities in any jurisdiction in which such

offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will

they be, registered under the 1933 Act or under any U.S. state securities laws, and may not be

offered or sold in

the United States

absent registration or an applicable exemption from the

registration requirements of the 1933 Act, as amended, and applicable state securities laws.

All statements in this release, other than statements of historical facts, including, but not limited to,

statements regarding the expected timing of listing the Warrants and receipt of TSXV final approval

and any 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", "is expected", "scheduled", "estimates",

"projects", "plans", "is planning", "intends", "assumes", "believes", "indicates", "to be" 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 the Company will list the Warrants as anticipated or that final approval from the TSXV

will be received. 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, 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.sedarplus.ca

.

SOURCE

Graphite One Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/August2025/28/c9219.html

%SEDAR: 00025247E

For further information:

Anthony Huston, CEO, President & Director, Tel: (604) 889-4251, Email:

[email protected]; Investor Relations Contact: Tel: (604) 684-6730,

[email protected]

CO: Graphite One Inc.

CNW 07:00e 28-AUG-25