Graphite One Publicizes Termination of Advertising and marketing Providers with Promethean Advertising and marketing Inc.

VANCOUVER, BC, March 20, 2023 /CNW/ – Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (“Graphite One” or the “Firm”) in the present day publicizes that additional to its press launch dated Might 10, 2022, the settlement for digital advertising providers entered into by the Firm and Promethean Advertising and marketing Inc., was terminated efficient March 16, 2023.  Promethean supplied digital advertising providers to the Firm from October 1, 2022 to March 16, 2023 to extend visibility with the institutional and retail funding neighborhood.

As introduced in a press launch on March 13, 2023, the Firm entered into advertising agreements with CFN Media and Outdoors The Field Capital Inc. to offer investor and market outreach campaigns for a interval of as much as 12 months.

The Firm’s engagement of CFN Media and Outdoors The Field Capital is topic to the acceptance of the TSX Enterprise Alternate.

USGS Acknowledges Graphite Creek as U.S.’s Largest Recognized Graphite Deposit

In March 2022, the Firm’s Graphite Creek useful resource was cited as the biggest recognized graphite deposit in the USA by the U.S. Geological Survey in its up to date U.S. Mineral Deposit Database¹.

The Firm launched Graphite Creek’s up to date useful resource estimates on March 13, 2023²

Graphite One’s Provide Chain Technique

With the USA presently 100 per cent import dependent for pure graphite, Graphite One is planning to develop a whole U.S.-based, superior graphite provide chain answer anchored by the Graphite Creek useful resource. The Graphite One Mission plan contains a sophisticated graphite materials and battery anode manufacturing plant anticipated to be sited in Washington State built-in with the event of the Graphite Creek useful resource. The plan additionally features a recycling facility to reclaim graphite and the opposite battery supplies, to be co-located on the Washington State website, the third hyperlink in Graphite One’s round financial system technique.

About Graphite One Inc.

GRAPHITE ONE INC. is creating its Graphite One Mission (the “Mission”) to develop into an American producer of high-grade anode supplies on a business scale built-in with a U.S. home graphite useful resource.  The Mission is proposed as a vertically built-in enterprise to mine, course of and manufacture anode supplies primarily for the lithium–ion electrical car battery market.  As set forth within the Firm’s 2022 Pre-Feasibility Research, graphite mineralization mined from the Firm’s Graphite Creek Property, located on the Seward Peninsula about 60 kilometers north of Nome, Alaska, could be processed into focus at an adjoining processing plant.  Pure and synthetic graphite anode supplies and different worth–added graphite merchandise could be manufactured on a business scale from the focus and different supplies on the Firm’s proposed superior graphite supplies manufacturing facility anticipated to be situated in Washington State.  The Firm intends to make a manufacturing resolution on the Mission upon the completion of a Feasibility Research.

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On Behalf of the Board of Administrators

“Anthony Huston” (signed)

On Twitter @GraphiteOne

Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

This press launch incorporates forward-looking statements and forward-looking data inside the that means of relevant securities legal guidelines. Any statements which might be contained on this press launch that aren’t statements of historic reality could also be deemed to be forward-looking statements. Ahead-looking statements are sometimes recognized by phrases resembling “could”, “ought to”, “anticipate”, “will”, “intends” “expects” and comparable expressions that are supposed to establish forward-looking data or statements. The Firm cautions that each one forward-looking statements are inherently unsure, and that precise efficiency could also be affected by quite a few materials components, assumptions and expectations, a lot of that are past the management of the Firm. The reader is cautioned that assumptions used within the preparation of any forward-looking data could show to be incorrect. Occasions or circumstances could trigger precise outcomes to vary materially from these predicted on account of quite a few recognized and unknown dangers, uncertainties, and different components, a lot of that are past the management of the Firm. Readers are cautioned to not place undue reliance on this forward-looking data, which is given as of the date it’s expressed on this press launch, and the Firm undertakes no obligation to replace publicly or revise any forward-looking data, besides as required by relevant securities legal guidelines. For extra data on the Firm, buyers ought to overview the Firm’s steady disclosure filings which might be accessible at www.sedar.com.

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SOURCE Graphite One Inc.

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