Graphite One Resources Inc. announces that it has entered into a 5-year, unsecured loan for US$500,000 with Taiga Mining Company, Inc. . The Company entered into a loan agreement with Taiga on December 26, 2018 to borrow US$500,000. The loan is unsecured with a term of five years. Interest is calculated on a simple interest basis at a rate of 8% per annum. Any unpaid balance of the loan and accrued interest is repayable [...]
Graphite One’s Alaska Project Could Help Relieve the U.S. Department of Defense’s Critical Minerals Deficit Graphite Creek Project is the largest known large-flake graphite deposit in the United States Graphite One Resources Inc. commented today on the release of a White House/U.S. Department of Defense report offering a comprehensive review of the U.S. Defense Industrial Base, which identifies “almost [...]
Graphite One Resources Inc. announced today that it has commenced a summer 2018 Field Program at its Graphite Creek deposit located near Nome, Alaska. The 2018 Field Program is a key step in the Company’s ongoing field work in support of the Company’s Graphite Creek deposit pre-feasibility study. The 2018 Field Program follows on the July 19, 2018 closing of the final tranche of private placement financing [...]
British Columbia, July 20, 2018 -- Graphite One Resources Inc. is pleased to announce that it has completed a non-brokered private placement 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 at a price of CA$0.07 per [...]
Experience Spans Nearly Four Decades in Mining Sector New COO Will Lead Graphite One’s Alaska Operations VANCOUVER, British Columbia, June 11, 2018 -- Graphite One Resources Inc. announced today the appointment of Stanley Foo as Chief Operating Officer of the Company’s wholly-owned Alaskan subsidiary, Graphite One Inc., effective immediately. Mr. Foo will lead Graphite One’s Alaska operations, operating [...]
U.S. is 100% import-dependent for current natural graphite supply Graphite Creek Project is the largest known large-flake graphite deposit in the United States VANCOUVER, British Columbia, May 29, 2018 -- Graphite One Resources Inc. Graphite One announces the publication of the U.S. Government’s Critical Minerals List, which includes flake graphite as one of the “Listed Minerals”. The list was mandated [...]
British Columbia, May 28, 2018 -- Graphite One Resources Inc. is pleased to announce that it has completed a non-brokered private placement offering , raising gross proceeds of CA$2,143,050. 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 30,615,003 Units at a price of CA$0.07 per [...]
Graphite One Resources announces that it intends to complete a non-brokered private placement offering to raise gross proceeds of up to CA$2,500,000. The Corporation plans to issue up to 35.7 million units at a price of CA$0.07 per Unit. Each Unit consists of one common share and one transferable common share purchase warrant. Each Warrant entitles the holder to purchase one full Common Share at a purchase price of [...]
VANCOUVER, British Columbia, April 30, 2018 -- Graphite One Resources Inc. announced today that the process of converting the 24 unpatented federal mining claims leased from Kougarok LLC to State of Alaska mining claims is now complete. All resources identified to date within the Company’s Graphite Creek flake graphite deposit are now held by the Company by state mining claims either owned by Kougarok LLC and leased [...]
VANCOUVER, British Columbia, Feb. 22, 2018 -- Graphite One Resources Inc. announced today that the Alaskan Senate has taken up a bill that would allow the Alaska Industrial Development Export Authority to issue bonds to finance infrastructure and construction costs of the Graphite Creek graphite project. Senate Bill 203, introduced by Senator Donny Olson , was referred to the Community & Regional Affairs and Finance [...]
VANCOUVER, British Columbia, Dec. 29, 2017 -- Graphite One Resources Inc. Graphite One Resources announced today the appointment to its Advisory Board of Kevin Greenfield and Jerry Birch, co-owners and senior executives of Taiga Mining Company , an Alaskan placer mining company. Advisory Board members Greenfield and Birch are co-owners of Alaska-based Taiga Mining, a strategic investor in GPH The Company awarded options [...]
VANCOUVER, British Columbia, Dec. 21, 2017 -- Graphite One Resources Inc. commented today on the release of the US Geological Survey’s report on the Critical Mineral Resources of the United States and President Trump’s order to develop a federal critical mineral’s strategy. The Report lists 23 metals and minerals that are critical to “the national economy and national security of the United [...]