Graphano Closes Private Placement

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[{"type":"text","content":"Graphano Closes Private PlacementVancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - Graphano Energy Ltd. (TSXV: GEL) (FSE: 97G0) (\"Graphano\" or the \"Company\") is pleased to announce that it has closed its non-brokered private placement financing (the \"Private Placement\") originally announced on November 12, 2025.Pursuant to the Private Placement, the Company issued 2,500,000 units (each, a \"Unit\") at a price of $0.15 per Unit, for aggregate gross proceeds of $375,000. Each Unit consists of one common share of the Company (each, a \"Share\") and one common share purchase warrant (each, a \"Warrant\"). Each Warrant entitles the holder to acquire one additional Share at a price of $0.25 for a period of 36 months from the date of issuance.The Units were offered pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions (the \"Listed Issuer Financing Exemption\") in each of the Provinces of Canada, except Quebec and New Brunswick, and in other qualifying jurisdictions.The net proceeds of the Private Placement will be used (i) to fund an airborne geophysical survey and additional follow-up work on its Black Pearl project; (ii) to proceed with bulk sample permit filing on the Company's Lac Aux Bouleaux and Standard projects, and (iii) for general working capital purposes.The securities issued under the Listed Issuer Financing Exemption are immediately freely tradeable under applicable Canadian securities legislation. The Private Placement is subject to the final approval of the TSX Venture Exchange.In connection with the Private Placement, the Company paid aggregate cash finder's fees of $22,500.00 to an arm's length finder, representing 6% of the gross proceeds from the sale of Units placed by the finder, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\"), or any state securities laws. Accordingly, such securities may not be offered or sold within the United States except pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an off...

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