Graphite One Successfully Completes $2.1 Million Financing
2018 07 20 Announces 2018‐2 Financing (draft v1).docx
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
Graphite One Successfully Completes $2.1 Million Financing
July 20, 2018 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX‐V; GPHOF: OTCQB)
(“Graphite One” or the “Company”) is pleased to announce that it has completed a non‐brokered private
placement offering (the “Offering”), raising gross proceeds of CA$2,140,221.
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.
The Company has issued 30,574,591 Units (the “Units”) at a price o f C A $ 0 . 0 7 p e r U n i t f o r a t o t a l o f
CA$2,140,221. Each Unit consists of one common share (a “Common Share”) and one transferable
common share purchase warrant (a “Warrant”). Each Warrant enti tles the holder to purchase one full
Common Share at a purchase price of CA$0.12 per Common Share an d 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 CA$0.21
or more on the TSXV Venture Exchange or the Toronto Stock Excha nge for 10 consecutive trading days,
the Company may, at its option, issue a press release and a notice to the Warrantholder for the expiry of
the Warrants on the 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 five years from the date of issuance).
In connection with the Offering, the Company paid finders' fees to arm’s‐length parties. Broker fees
totalled $2,800 with 40,000 transferable broker Warrants being issued, with each such broker Warrant
entitling the holder to acquire one additional Common Share at the same price and under the same terms
as the Warrants described above.
Final closing of the Offering is subject to receipt of final applicable regulatory approvals including approval
of the TSX Venture Exchange. All securities issued in connecti on with the Offering will be subject to a
restricted period that expires four months and a day following the date of issuance.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will no t 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.
WWW.GRAPHITEONERESOURCES.COM GPH: TSX-V GPHOF: OTCQB
ABOUT GRAPHITE ONE RESOURCES INC.
G R A P H I T E O N E R E S O U R C E S I N C . ( G P H : T S X ‐ V ; G P H O F : O T C Q B ) c o n t i n u es to develop its Graphite One
Project (the “Project”), whereby the Company could potentially become an American producer of high
grade Coated Spherical Graphite (“CSG”) that is integrated with a domestic graphite resource. The Project
i s p r o p o s e d a s a v e r t i c a l l y i n t e g r a t e d e n t e r p r i s e t o m i n e , p r o cess 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 fr om 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
6 0 k i l o m e t e r s n o r t h o f N o m e , A l a s k a . C S G a n d o t h e r v a l u e ‐ a d d e d g r a p h i t e p r o d u c t s , w o u l d l i k e l y b e
manufactured from the concentrate at the Company’s proposed graphite 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 Resources Inc. please visit the Company’s website,
www.GraphiteOneResources.com or contact:
Anthony Huston
CEO, President & Director
Tel: (604) 697‐2862
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, 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”.
Forward‐looking information in this release includes, but is not limited to, statements regarding the stage
and progress of development of the Graphite Creek Project including the ability to actually produce
spherical graphite, ultimate further and final results of addit ional test‐work, estimated capital and
sustaining costs and the availability of equipment, labour and resources required, the anticipated
applications of graphite in high‐tech, clean tech, energy storage and national security applications and all
other anticipated applications, international demand and ability to transport and enter into such markets,
WWW.GRAPHITEONERESOURCES.COM GPH: TSX-V GPHOF: OTCQB
the receipt of TSX Venture final approval and the actual use of proceeds from the Offering, are all forward‐
looking statements. Although the Company believes the expectat ions expressed 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: (i) volatile stock price, (ii) the results of the product development test work may not
be indicative of the advancement of the project as anticipated, or at all, (iii) market prices, (iv) exploitation
and exploration successes, (v) continuity of mineralization, (vi) uncertainties related to the ability to obtain
necessary permits, licenses and title and delays due to third party opposition, (vii) changes in government
policies regarding mining and natural resource exploration and exploitation, (viii) competition faced in
securing experienced personnel, access to adequate infrastructu re to support mining, processing,
development and exploration activities and continued availability of capital and financing, and (ix) 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 i s expressed in this press release, and the
Company undertakes no obligation to update publicly or revise a ny forward‐looking information, except
as required by applicable securities laws. For more informatio n on the Company, investors should review
the Company's continuous disclosure filings that are available at www.sedar.com.