GRAPHITE ONE INC - GPHOF STOCK NEWS

Graphite One CEO Anthony Huston was invited to a White House session by President Biden to discuss investment and job creation, highlighting the importance of projects like Graphite One's for national security and renewable energy. A new 25% tariff on Chinese graphite imports will be effective in 2026. Graphite One is progressing its Ohio production plant and two Department of Defense (DoD) grants. The Ohio plant will focus on battery anode materials and prioritize local hiring. Additionally, the company is working on a $4.7 million DLA project for a graphite-based fire suppressant and a $37.5 million DoD grant to accelerate their feasibility study. Completion of the feasibility study is expected by December 2024, subject to financing.

Graphite One Inc. partners with Digitonic for investor relations and marketing campaigns to enhance visibility with investors. Digitonic will provide services for a monthly fee of US$50,000 for 12 months, focusing on the North American market. No performance factors impact compensation, and Digitonic will not receive common shares or options of the company.

Graphite One Inc. successfully closes its warrant exercise incentive program, generating Cdn$5,130,873 in gross proceeds. Taiga Mining Company, Inc. participates significantly in the program, receiving Sweetener Warrants. The funds will support a feasibility study and working capital.

Graphite One Inc. enters into a land lease agreement for an 85-acre site in Niles, Ohio with an option to purchase, aiming to build a U.S.-based advanced graphite materials supply chain. The company plans to construct a graphite anode manufacturing plant in Ohio, with a focus on electric vehicle production. The facility's initial capital cost is estimated at $435 million, with the potential to expand to a 100,000 tons per year facility. The project is expected to create over 160 local jobs and contribute to economic growth in the region.

Graphite One Inc. announces a reduction in exercise price for outstanding common share purchase warrants, introducing a 'Sweetener Warrant' as part of the Warrant Incentive Program, aiming to support the feasibility study and general working capital.

Graphite One Inc. announces amendments to common share purchase warrants, reducing exercise price and introducing 'Sweetener Warrants'. The move aims to encourage early exercise and align terms with market conditions.

Graphite One Inc. terminates MOU with Great Sunshine, seeks new opportunities for U.S.-based graphite anode facility. The company plans to develop a complete U.S.-based, advanced graphite supply chain solution and battery anode manufacturing plant.

Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) announced the completion of assay results from the 2023 summer drilling program, confirming the high-grade deposit remains open to both east and west and down dip. The company's largest exploration program marked a significant milestone, putting Graphite One on track to accelerate the completion of a compliant Feasibility Study. The assays revealed significant graphite mineralization, with notable intercepts from various drill holes. The company's president and CEO, Anthony Huston, expressed satisfaction with the consistency of the results, emphasizing the strategic value of the Graphite Creek deposit. The US Geological Survey also recognized the deposit as the largest known flake graphite resource in the USA and among the largest in the world, based on data from the exploration of less than 7% of the deposit. The results will be incorporated into the Department of Defense DPA-supported Feasibility Study, set to be released in late 2024.

Graphite One Inc. (TSX-V: GPH) (OTCQX: GPHOF) announces a debt-free status, two U.S. Department of Defense grants, a new strategic investor, and U.S. government confirmation of the Graphite Creek Deposit as 'among the largest in the world.' The company's 2023 highlights include a US$37.5 million DoD grant, a US$4.7 million DoD grant, strategic investment from Alaska's Bering Straits Native Corporation, and confirmation of Graphite Creek as a significant deposit.