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Graphite One 2021 Year In Review Completed Financing Totaling $30 Million; Continues To Rapidly Advance The Largest Known, Highest Grade Graphite Deposit In The United States

Graphite One 2021 Year In Review Completed Financing Totaling $30 Million; Continues To Rapidly Advance The Largest Known, Highest Grade Graphite Deposit In The United States

12/23/21, 7:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgvancouver
is pleased to provide the Company's 2021 year in review. It has been a momentous year for Graphite One as the Company continues to rapidly advance the largest known and highest-grade graphite deposit in the United States.

Company Info

Company
Graphite One
Location
vancouver, washington, united states
Additional Info
GRAPHITE ONE INC. (TSXV:GPH)(OTCQX:GPHOF) continues 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 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 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 60 kilometers north of Nome, Alaska. CSG and other value‐added graphite products, would likely be 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 Inc., please visit the Company's website, www.GraphiteOneInc.com or contact: Anthony HustonCEO, President & DirectorTel: (604) 889-4251Email: AHuston@GraphiteOneInc.com Investor Relations ContactTel: (604) 684-6730 GPH@kincommunications.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 release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts, including the timing and completion of the Pre-Feasibility Study, timing of the Feasibility Study, receipt of regulatory approvals, implementation of a more established shipment program, exploration drilling, exploitation activities, future production, establishment of a processing plant, completion of a 2022 drill program, success of R&D efforts on multiple advanced graphite materials, 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 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.sedar.com. [1] See press releases - "Graphite One Announces Closing CA$10 million in Financings and Awarding of Options" (February 23, 2021), "Graphite One Announces Closing of $10.23 Million in Private Placement Offering" (August 12, 2021) and "Graphite One Announces Closing of Second Tranche of $998,000 in Private Placement Offering" (September 24, 2021). [2] See press release - "Graphite One Completes 2021 Field Program at 100% Owned Graphite Creek Deposit, Alaska (October 13, 2021). [3] https://www.iea.org/reports/the-role-of-critical-minerals-in-clean-energy-transitions/mineral-requirements-for-clean-energy-transitions [4] https://pubdocs.worldbank.org/en/961711588875536384/Minerals-for-Climate-Action-The-Mineral-Intensity-of-the-Clean-Energy-Transition.pdf