August 30, 2021
NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES
August 30, 2021 – Graphite One Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) announces that it has received approval from the TSX-V to extend the closing of the balance of the CA$12.0 million brokered private placement financing (“Financing”) until September 24, 2021. The Financing was first press released on June 30, 2021 (press release “Graphite One Announces Up to $12 Million Private Placement”).
On August 12, 2021, the Company announced the closing of the first tranche raising CA$10.23 million. The second tranche of the Financing is expected to be for the full balance of the CA$12 million, or approximately CA$1.77 million.
The Financing is being conducted pursuant to the terms of an agency agreement entered into between the Company and Canaccord Genuity Corp. (the “Agent”).
This media release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.