NewsGRAPHITE ONE RESOURCES JOINS OTCQXJune 11, 2012 – Calgary, Alberta – Graphite One Resources Inc. (GPHOF: OTCQX; GPH: TSX-V) ("Graphite One" or the "Company") is pleased to announce that it is now trading, as of June 11 2012, in the United States on the highest tier of the OTC market, the OTCQX®. The OTCQX® is operated by OTC Markets Group Inc. (OTCM:OTCQX), the company that operates the world's largest electronic marketplace for OTC-traded equities. Graphite One began trading today on the OTC market’s prestigious tier, OTCQX International under the symbol “GPHOF” today. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com. INTL Trading Inc. will serve as Graphite One Resources’ Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws. About Graphite Creek About Graphite One Resources Inc. The graphite market is only beginning to open up as green technology takes more precedence in the world today. Graphite is vital for lithium-ion batteries, pebble bed nuclear reactors, and fuel cells amongst other uses. Graphite has been named a "supply critical mineral" and a "strategic mineral" by the USA and European Union as more demand is being created that surpasses the supply threshold. This has allowed for the price of graphite to rise, as over the past 7 years the price has nearly tripled. ON BEHALF OF THE BOARD OF DIRECTORS For more information on Graphite One Resources Inc. please visit the Company’s website, www.graphiteoneresources.com or contact: Anthony Huston 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 release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. 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. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. 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, whether as a result of new information, future events or otherwise, 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.sedar.com |
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