Graphite One Announces Final Terms of Previously Announced Marketed Equity Offering
MWN-AI** Summary
Graphite One Inc. (TSX: GPH; OTCQX: GPHOF) has announced the final terms for its marketed equity offering set to raise C$30 million through the sale of 17,142,000 units, priced at C$1.75 each. Each unit comprises one common share and a warrant allowing investors to purchase additional shares at C$2.25 each within a 36-month period post-closing. The offering, facilitated by a syndicate led by BMO Capital Markets, also includes an option for agents to offer an additional C$5 million in units to manage over-allotments.
The expected closing date for the offering is February 18, 2026, pending regulatory approvals from the TSX Venture Exchange. The gross proceeds are earmarked for advancing Graphite One’s AAM plant-related activities, including engineering, permitting, and equipment purchases, as well as for general working capital.
It is important to note that the units will be available through a prospectus supplement across Canada, with restrictions around their sale in the United States due to regulatory requirements. Specifically, the securities have not been registered under the U.S. Securities Act of 1933 and cannot be sold there without compliance.
Graphite One aims to establish itself as a key player in the graphite industry by developing the Graphite One Project, focusing on producing high-grade anode materials integrated with domestic graphite resources to cater to the electric vehicle battery and energy storage markets.
Investors and interested parties are encouraged to seek further details via the company’s official website or contact its investor relations team. The ongoing developments signify a strategic move to bolster Graphite One’s market presence and operational capacity as it advances its graphite production initiatives.
MWN-AI** Analysis
Graphite One Inc. (TSX-V: GPH; OTCQX: GPHOF) has announced the final terms for its marketed equity offering consisting of 17,142,000 units priced at C$1.75 per unit, aiming to raise gross proceeds of C$30 million. Each unit includes one common share and a warrant allowing for the purchase of a common share at C$2.25 for three years. This offering marks a strategic move as Graphite One positions itself as a domestic producer of high-grade anode materials, key for the burgeoning electric vehicle and energy storage sectors.
Investors should approach this offering with several considerations in mind. The pricing at C$1.75 reflects an opportunity for potential upside, especially given the warrants which could provide significant leverage if Graphite One’s growth strategy materializes. The proceeds are earmarked for the development of their AAM plant, crucial for operational readiness and aligning with the increased demand for sustainable battery materials.
However, market conditions surrounding graphite, regulatory hurdles in mining, and general economic factors could impact actual financial performance. Investors should monitor not only the offering’s completion on February 18, 2026, but also regulatory approvals that may influence operational timelines.
The company's position in the supply chain also presents risks; competition in the graphite market is fierce, and any delays in product development could derail growth prospects. Furthermore, the securities are not registered in the U.S., limiting participation from American investors.
In conclusion, while the equity offering presents a compelling investment opportunity with potential for capital appreciation, stakeholders should assess their risk tolerance and remain vigilant about industry developments and regulatory changes. Diversification and a careful observation of market signals are recommended to navigate the evolving landscape of the graphite sector.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Not for distribution to U.S. news wire services or dissemination in the United States.
VANCOUVER, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Graphite One Inc. (TSX?V: GPH; OTCQX: GPHOF) (“Graphite One”, “G1” or the “Company”) is pleased to announce final terms of its best-efforts public offering of 17,142,000 units (a “Unit”) at a price of C$1.75 per Unit (the “Issue Price”) for gross proceeds of C$30 million (the “Offering”). Each Unit consists of one common share and one common share purchase warrant (a “Warrant”) of the Company. The Company previously entered into an agreement with a syndicate of agents led by BMO Capital Markets (the “Agents”) in connection with the Offering.
Each Warrant will entitle the holder to acquire one common share from the Company at a price of C$2.25 per share for a period of 36 months following the Closing Date (as defined below).
The Company has granted the Agents an option to increase the size of the Offering by up to an additional number of Units, and/or the components thereof, that in the aggregate would be equal to C$5 million (2,860,000 Units) (the “Additional Units”), to cover over-allotments, if any, and for market stabilization purposes, exercisable at any time and from time to time up to 30 days following the closing of the Offering.
The Company intends to use the net proceeds of the Offering for AAM plant related expenditures including the design and engineering, permitting and equipment purchases, and for general working capital purposes.
The Offering is expected to close February 18, 2026 (“Closing Date”) and is subject to Graphite One receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange.
The Units will be offered by way of a prospectus supplement to the Company’s existing base shelf prospectus filed on January 20, 2026 in all of the provinces and territories of Canada, except Quebec, and may also be offered by way of private placement in the United States.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
About Graphite One Inc.
GRAPHITE ONE INC. continues to develop its Graphite One Project (the “Project”), with the goal of becoming an American producer of high grade anode materials that is integrated with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine and process natural graphite and to manufacture artificial and natural graphite anode active materials primarily for the lithium?ion electric vehicle battery and energy storage markets.
On Behalf of the Board of Directors
“Anthony Huston” (signed)
For more information on Graphite One Inc., please visit the Company’s website, www.GraphiteOneInc.com or contact:
Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: [email protected]
Investor Relations Contact
Tel: (604) 684-6730
[email protected]
On X @GraphiteOne
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the 1933 Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.
All statements in this release, other than statements of historical facts, including, but not limited to, statements regarding the total proceeds of the Offering, the expected use of proceeds of the Offering, the closing of the Offering and timing thereof, the receipt of all necessary regulatory approvals and any events or developments that the Company intends, expects, plans, or proposes are forward-looking statements. Generally, forward?looking information can be identified by the use of forward?looking terminology such as “proposes”, “expects”, “is expected”, “scheduled”, “estimates”, “projects”, “plans”, “is planning”, “intends”, “assumes”, “believes”, “indicates”, “to be” or variations of such words and phrases that state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. The Company cautions that there is no certainty of the anticipated timeline of the Offering, that the Company will raise the anticipated amount of gross proceeds of the Offering, that the Company will use the proceeds of the Offering as anticipated or that the Offering will close. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedarplus.ca.
FAQ**
How does Graphite One Inc. (GPHOF) plan to utilize the net proceeds from the C$30 million Offering, particularly regarding the AAM plant-related expenditures mentioned in the announcement?
What specific regulatory approvals does Graphite One Inc. (GPHOF) need to secure for the Offering to close, and what is the potential impact on the timeline?
Can you elaborate on the strategy Graphite One Inc. (GPHOF) has in place to ensure it becomes a competitive producer of high-grade anode materials for the lithium-ion battery market?
Does Graphite One Inc. (GPHOF) anticipate any challenges in the market that could affect the anticipated proceeds from this Offering or its overall project timeline?
**MWN-AI FAQ is based on asking OpenAI questions about Graphite One Inc. (TSXVC: GPH:CC).
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