Announce Non-Brokered Private Placement
908 – 510 Burrard Street
Vancouver, B.C. V6C 3A8
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE
SERVICES
GLOBAL LI-ION GRAPHITE ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
LION: CSE GBBGF:OTCQB 0TD:F
Vancouver, BC – December 28, 2023. Global Li -Ion Graphite Corp. (" Global Li -Ion" or the
“Company”) (LION) is pleased to announce a non-brokered private placement of up to
11,800,000 units (the “Units”) of the Company at a price of $0. 025 per unit (the "Offering").
Each Unit will consist of one (1) common share of the Company (a “ Share”) and one (1)
transferable common share purchase warrant (a “Warrant”). Each Warrant will be exercisable
into one (1) Share for two years from issuance (the “Exercise Period”) at a price of $0.10 per
Share in the first year of the Exercise Period and at a price of $0.20 per Share in the second
year of the Exercise Period.
Global Li -Ion int ends to use the net proceeds of the Offering for business development and
general working capital.
The closing of the Offering is subject to certain conditions including, but not limited to, receipt of
all necessary regulatory approvals. The Company may pay finder's fees in connection with the
Offering.
This news release does not constitute an offer to sell or a so licitation of an offer to buy any of
the 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 unless registered under
the U. S. Securities Act and applicable state securities laws or an exemption from such
registration is available.
For further information on the Company, please contact:
Jason Walsh
Chairman
Global Li-Ion Graphite Corp.
Telephone 604.608.6314
Email: [email protected]
Neither the Canadian Securities Exchange nor its regulation services provider have reviewed or
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accept responsibility for the adequacy or accuracy of this press release.
Forward-Looking Information:
This press release contains forward -looking statements , including statements respecting the
Offering and the expected us e of proceeds fro m the Offering . Th e use of any of the words
“anticipate”, “contin ue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” an d
similar expressions are intended to identify forward -looking statements. Although the Company
believes that the expectations and ass umptions on which the forw ard-looking statements are
based are reasonable, undue reliance should not be placed on the forw ard-looking statements
because the Company can give no assurance that they will prove to be correct. Since forward -
looking statements address future events and conditions, by their very nature they involve
inherent risks and uncertainties. These statements speak only as of the date of this press
release. Actual results could differ materially from those currently anticipated due to a number of
factors and risks discussed in the Company's Management's Discussion and Analysis under the
Company's profile on www.sedarplus.ca. While the Company may elect to, it does not undertake
to update this information at any particular time.