VANCOUVER, BC, April 14, 2025 /PRNewswire/ – Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (the “Company”), declares that the board of administrators has licensed a serve of 583,015 limited proportion devices (“RSUs“) to administrators pursuant to the phrases of the Corporate’s Omnibus Plan. This serve represents one-half of the serve for calendar future 2025.
Every RSU will convert into one regular proportion of the Corporate at the April 14, 2026 vest pace. Additional main points in regards to the Omnibus Plan are set off within the control data round of the Corporate dated Would possibly 15, 2024, which is to be had at the Corporate’s web page click here or on SEDAR+ at www.sedarplus.ca.
The stability of the RSUs totaling 583,014 is predicted to be issued in July 2025 as it’s matter to acquiring all considered necessary approvals, which will likely be sought on the later 2025 Annual Common and Particular Assembly of Shareholders on June 27, 2025.
Following the RSU serve, the Corporate has 146,269,376 regular stocks issued and remarkable and 5,489,854 RSUs and three,200,436 efficiency proportion devices issued beneath the Corporate’s Omnibus Plan.
Graphite One’s Provide Chain Technique
With the USA recently one hundred pc import dependent for herbal and artificial graphite, Graphite One is creating an entire U.S.-based, complicated graphite provide chain answer anchored by means of the Graphite Creek attic, known by means of the United States Geological Survey as the biggest graphite attic within the U.S. “and among the largest in the world.” The Graphite One Venture plan comprises a complicated artificial graphite subject material and battery anode subject material production plant situated in Warren, Ohio. The plan additionally features a recycling facility to reclaim graphite and the alternative battery fabrics, to be co-located on the Ohio web page, the 3rd hyperlink in Graphite One’s non-linear round economic system technique.
About Graphite One Inc.
GRAPHITE ONE INC. continues to create its Graphite One Venture (the “Project”) to develop into an American manufacturer of high-grade anode fabrics this is built-in with a home graphite useful resource. The Venture is proposed as a vertically built-in undertaking to mine, procedure and assemble anode lively fabrics essentially for the lithium‐ion electrical automobile battery marketplace. As eager forth within the Corporate’s 2022 Pre-Feasibility Learn about, graphite mineralization mined from the Corporate’s Graphite Creek Quality, positioned at the Seward Peninsula about 60 kilometers north of Nome, Alaska, can be processed into pay attention at an adjoining processing plant. Herbal and synthetic graphite anode lively fabrics and alternative worth‐added graphite merchandise can be made of the pay attention and alternative fabrics on the Corporate’s proposed complicated graphite fabrics production facility situated in northeastern Ohio. The Corporate intends to produce a manufacturing choice at the Venture upon the of entirety of a Feasibility Learn about.
On Behalf of the Board of Administrators
“Anthony Huston” (signed)
For more info on Graphite One Inc., please discuss with the Corporate’s web page, www.GraphiteOneInc.com.
On Twitter @GraphiteOne
Neither the TSX Challenge Trade nor its Law Products and services Supplier (as that time period is outlined within the insurance policies of the TSX Challenge Trade) accepts accountability for the adequacy or accuracy of this reduce.
All statements on this reduce, alternative than statements of ancient info, are forward-looking statements, together with receipt of the goodwill of the TSXV and the Corporate’s shareholders for goodwill of the RSU grants. Most often, ahead‐browsing data will also be known by means of the importance of ahead‐browsing terminology reminiscent of “proposes”, “expects”, “is expected”, “scheduled”, “estimates”, “projects”, “plans”, “is planning”, “intends”, “assumes”, “believes”, “indicates”, “to be” or permutations of such phrases and words that order that positive movements, occasions or effects “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Even if the Corporate believes the expectancies expressed in such forward-looking statements are in keeping with affordable suppositions, such statements don’t seem to be promises of past efficiency and latest effects or tendencies might range materially from the ones within the forward-looking statements. Elements that might purpose latest effects to range materially from the ones in forward-looking statements come with marketplace costs, exploitation and exploration successes, perpetuity of mineralization, uncertainties alike to the facility to acquire essential lets in, licenses and name and delays because of 3rd birthday party opposition, adjustments in executive insurance policies referring to mining and herbal useful resource exploration and exploitation, and persevered availability of capital and financing, and normal financial, marketplace or industry situations. Readers are cautioned to not park undue reliance in this forward-looking data, which is given as of the pace it’s expressed on this press reduce, and the Corporate undertakes disagree legal responsibility to replace publicly or revise any forward-looking data, aside from as required by means of acceptable securities rules. For more info at the Corporate, buyers will have to assessment the Corporate’s steady disclosure filings which might be to be had at www.sedarplus.ca.
SOURCE Graphite One Inc.