Graphite One Moves Forward with Warrant Listing and Community Engagement

Graphite One lists 20M warrants post-CAD$35M financing, allocates funds for Ohio anode plant, and strengthens Alaska community relations to build a US graphite supply chain.

Graphite One Inc. has taken steps to list more than 20 million warrants on the TSX Venture Exchange. This development follows a recently closed financing round and coincides with the company's efforts to strengthen its community relations team in Alaska, marking progress in its integrated U.S. graphite supply chain strategy.

Financing and Strategic Allocation of Proceeds

The company successfully completed a unit offering, raising gross proceeds of CAD $35 million. Each unit, priced at CAD $1.75, comprised one common share and one share purchase warrant. The capital is earmarked for a specific purpose: advancing the planned anode material facility in Ohio. These funds are designated for the design, engineering, and permitting processes essential for the future plant, which is intended to produce battery-grade graphite material.

Details of the Warrant Listing

Subject to final exchange approval, a total of 20,002,000 warrants are set to become tradable starting March 3, 2026. Each warrant grants the holder the right to purchase one common share of Graphite One at an exercise price of CAD $2.25. These warrants have a term of 36 months, expiring on February 18, 2029, which is three years from the financing's closing date of February 18, 2026.

Strengthening Local Ties in Alaska

Parallel to its financial maneuvers, Graphite One is bolstering its on-the-ground presence. On February 26, 2026, Lucille Carter assumed the role of Vice President of Community Relations. Carter, formerly the Senior Vice President of the Bering Strait Native Corporation, will operate from the Anchorage office. Her primary responsibility will be to manage and coordinate dialogue with local communities surrounding the company's key Graphite Creek project in Alaska.

The Integrated Supply Chain Vision

Graphite One's business model is built on vertical integration. The company aims to source raw material from its Graphite Creek deposit in Alaska, process it at the proposed Ohio facility, and complement this pipeline with a dedicated battery materials recycling plant. This strategy addresses a critical supply chain vulnerability, as the United States currently relies entirely on imports for its graphite needs. The company's initiatives represent a concerted push toward establishing a domestic alternative, with project plans expected to take more concrete shape in the coming months.