Graphite One Welcomes Strategic Investment from Bering Straits Native Corporation ("BSNC"); Creates Regional & Community Development Program

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[{"type":"text","content":"\n \n \n \n Graphite One Welcomes Strategic Investment from Bering Straits Native Corporation (\"BSNC\"); Creates Regional & Community Development Program\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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n Graphite One Welcomes Strategic Investment from Bering Straits Native Corporation (\"BSNC\"); Creates Regional & Community Development Program\n \n \n Canada NewsWire\n \n \n \n \n \n \n BSNC will make an initial investment of\n \n US$2.0 million\n \n in Graphite One, with an option to invest an additional\n \n US$8.4 million\n \n , including the exercise of warrants, fully supporting the development of Graphite Creek Deposit.\n \n \n \n \n \n \n Investment builds on\n \n $37.5 million\n \n Department of Defense award to Graphite One under the U.S. Defense Production Act.\n \n \n \n \n \n \n Graphite One and BSNC will partner on continued regional and community development.\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Sept. 5, 2023\n \n \n /CNW/ -\n \n Graphite One Inc.\n \n (TSXV: GPH) (OTCQX: GPHOF)\n \n (\"Graphite One\", \"G1\" or the \"Company\"),\n \n planning a complete domestic U.S. supply chain for advanced graphite materials, is pleased to announce that it has arranged a strategic investment from the\n \n Bering Straits Native Corporation (\"BSNC\")\n \n for up to\n \n US$10.4 million\n \n .\n \n \n \n \n \n \n \n \n \n This is not just an investment in Graphite One, it is a long-term investment in our region. We at BSNC have watched for years as Graphite One has worked to advance the Graphite Creek project and become a friendly neighbor in the region,\" said\n \n Dan Graham\n \n , BSNC Interim President and CEO. \"Graphite One has told us of its intent to develop an environmentally responsible project and provide an exciting economic opportunity for the r...

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