Graphite One Inc. announces that it intends to complete a non-brokered private placement offering to raise gross proceeds of up to CA$2,000,000. The Corporation plans to issue up to 6.67 million units at a price of CA$0.30 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 CA$0.30 [...]
Not for distribution to U.S. newswire services or for dissemination in the United States. Taiga Mining Company, Inc. announces that on March 28, 2019, Taiga acquired 1,330,000 common shares of Graphite One Inc. at a price of Cdn$0.50 per share, for aggregate consideration in the amount of Cdn$665,000 . Prior to the Transaction, Taiga had beneficial ownership and control of 6,269,553 common shares of the Issuer [...]
MEASURED and INDICATED RESOURCES: 10.95 Mt Grading 7.8% Cg at 5% Cg Cut-Off Grade Resource Estimate Comparison: March 2019 Update to PEA Comparison of Estimated Resources - March 2019 Resource Update to PEA Dated June 30, 2017 14% Increase in Contained Graphite Over 2017 PEA INFERRED RESOURCES: 91.89 Mt Grading 8.0% Cg at 5% Cg Cut-Off Grade Graphite One Inc. is pleased to announce the completion of an updated mineral [...]
Graphite One Inc.Graphite One Inc. is now trading under the new name and is pleased to announce results from its 2018 Field Program at its Graphite Creek Project, a large-flake graphite deposit located in the Kigluaik Mountains on the Seward Peninsula approximately 60 km north of the City of Nome, Alaska. Highlights: Drilling Results Include High-Grade Zones Averaging Greater than 10% Cg Deposit Remains Open to East [...]
Graphite One Inc. Graphite One is pleased to announce that further to the approval received at a Special Meeting of Shareholders held on February 22, 2019 and as described in more detail in the management information circular of the Company dated January 18, 2019 , the Company’s name has changed to “Graphite One Inc.” In connection with the name change, the Board has authorized a consolidation of its [...]
Graphite One Resources Inc. Graphite One announces that it is in the process of implementing an important next step in its corporate strategy to create an integrated graphite products company intended to create value to its shareholders. The Company intends to proceed with a name change to “Graphite One Inc.” It is also announcing at this time that it intends to seek approval to convert its existing debt owed [...]
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 [...]