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GRAPHITE ONE ANNOUNCES CLOSING OF C$13.3 MILLION BROKERED LIFE OFFERING
GRAPHITE ONE ANNOUNCES CLOSING OF C$13.3 MILLION BROKERED LIFE OFFERING Canada NewsWire...
About this update from Graphite One Inc.
[{"type":"text","content":"\n\n\n\n GRAPHITE ONE ANNOUNCES CLOSING OF C$13.3 MILLION BROKERED LIFE OFFERING\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 22, 2025\n \n\n /CNW/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (\"Graphite One\", \"G1\" or the \"Company\") is pleased to announce that it has closed the \"best efforts\" brokered private placement financing (the \"Offering\") previously announced on\n \n July 23, 2025\n \n and\n \n August 18, 2025\n \n , raising gross proceeds of\n \n C$13.306,099\n \n . Under the Offering, 14,784,554 units of the Company (the \"Units\"), consisting of one common share of the Company (a \"Common Share\") and one common share purchase warrant of the Company (a \"Warrant\"), at a price of\n \n C$0.90\n \n per Unit (the \"Issue Price\") were issued pursuant to National Instrument 45-106 -\n \n Prospectus Exemptions\n \n (\"NI 45-106\") in accordance with Part 5A of NI 45-106, as amended by the Canadian Securities Administrators' Coordinated Blanket Order 45-935\n \n Exemptions from Certain Conditions of the Listed Issuer Financing Exemption\n \n (the \"Listed Issuer Financing Exemption\"). The securities offered under the Listed Issuer Financing Exemption are not subject to a hold period in accordance with applicable Canadian securities laws.\n \n\n\n\n\n\n\n\n\n Each Warrant entitles the holder thereof to acquire one Common Share at a price of\n \n C$1.10\n \n per Common Share for a period of 24 months from the date hereof.\n \n\n The Offering was conducted pursuant to the terms of an agency agreement entered into among the Company and BMO Capital Markets and Raymond James Ltd. (collectively, the \"Agents\"). As consideration for their services, the Company has paid the Agents a cash fee totaling\n \n C$728,526\n \n . The Company also paid a corporate advisory fee of\n \n $266,122\n \n to Canaccord Genuity Corp.\n \n\n The Compan...