Graphite One Announces Marketing Services Agreement
Graphite One Announces Marketing Services
Agreement
VANCOUVER, BC
,
July 30, 2023
/CNW/ -
Graphite One Inc.
(TSXV: GPH) (OTCQX: GPHOF)
("Graphite One"
or the "Company")
,
planning a complete domestic U.S. supply chain for advanced graphite materials, announces
today that as part of its ongoing strategy to raise the profile of Graphite One and its Graphite One Project to
investors, the Company has entered into a marketing services agreement (the "
Agreement
") with Northern Venture
Group Inc. ("
Northern Venture
") to provide marketing services to enhance visibility with the institutional and retail
investment community, effective
August 1, 2023
.
Under the terms of the Agreement, Northern Venture will provide research and sector reports, video creation, and
digital marketing services to the Company for a monthly fee of CA$5,000 per month for a 12-month period (the
"
Service Period
"). Upon completion of the Service Period, the Agreement automatically continues on a month-to-
month basis until terminated by either party with one month notice.
Northern Venture is arm's length to the Company and currently holds 100,000 common shares and 100,000 common
share purchase warrants of the Company. The Agreement is subject to TSXV Exchange approval.
Termination of Marketing Services Agreements
The Company also announces the termination of marketing services agreements with TD Media dba Lifewater
Media, as initially announced on
April 3, 2023
, and Outside the Box Capital, as initially announced on
March 13,
2023
, effective immediately.
Graphite One's Supply Chain Strategy
With
the United States
currently 100 percent import dependent for natural graphite, Graphite One is planning to
develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource.
The Graphite One project plan includes an advanced graphite material and battery anode manufacturing plant
expected to be sited in
Washington State
integrated with the development of the Graphite Creek Property. The plan
includes a recycling facility to reclaim graphite and the other battery materials, to be co-located at the
Washington
State
site, the third link in Graphite One's circular economy strategy.
About Graphite One Inc.
GRAPHITE ONE INC. is developing its Graphite One Project (the "Project") to become an American producer of
high-grade anode materials on a commercial scale integrated with a domestic graphite resource. The Project is
proposed as a vertically integrated enterprise to mine, process and manufacture anode materials primarily for the
lithium
ion electric vehicle battery market. As set forth in the Company's 2022 Pre-Feasibility Study, graphite
mineralization mined from the Company's Graphite Creek Property, situated on the
Seward Peninsula
approximately
35 miles north of
Nome, Alaska
, would be processed into concentrate at an adjacent processing plant. Natural and
artificial graphite anode materials 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
expected to be located in Washington State. The Company intends to make a production decision on the Project
upon the completion of a Feasibility Study.
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.
On Twitter @GraphiteOne
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 contains forward-looking statements and forward-looking information within the meaning of
applicable securities laws. Any statements that are contained in this press release that are not statements of
historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified
by terms such as "may", "should", "anticipate", "will", "intends", "expects", "exceeds" and similar expressions
which are intended to identify forward-looking information or statements. Forward-looking statements in this
release include the receipt of TSXV Venture Exchange approval, The Company cautions that all forward-looking
statements are inherently uncertain, and that actual performance may be affected by a number of material factors,
assumptions and expectations, many of which are beyond the control of the Company. The reader is cautioned
that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those predicted as a result of numerous known
and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company.
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
.
View original content to download multimedia:
https://www.prnewswire.com/news-releases/graphite-one-announces-marketing-services-agreement-301888866.html
SOURCE
Graphite One Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/July2023/30/c3718.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 13:42e 30-JUL-23