News Releases - graphiteoneresources.com http://graphiteoneresources.com/news/ News Releases Thu, 23 Mar 2017 07:11:16 en 263 Graphite One Resources Signs Memorandum Of Understanding With Alaska Industrial Development And Export Authority http://graphiteoneresources.com/news/index.php?content_id=263 2017-02-16 00:00:00

 

AIDEA and Graphite One to Explore Opportunities to Collaborate on Facilities Siting, Funding Options, Economic Impacts, Community Engagement, and Project Permitting

February 16, 2017 - Vancouver, B.C.  - Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One", “GPH” or the "Company") announces that it has entered into a Memorandum of Understanding ("MOU") with the Alaska Industrial Development and Export Authority ("AIDEA") to explore opportunities to collaborate on the development of Graphite One’s proposed vertically integrated project to mine, process and manufacture high grade coated spherical graphite primarily for lithium-ion electric vehicle batteries (the “Graphite One Project” or the “Project”).

Highlights of the MOU include:

  • Exploration of opportunities to maximize job creation and economic development via the Graphite One Project
  • Facilitation of project permitting and development of a framework for community and stakeholder dialogue
  • Options and opportunities for AIDEA to participate in infrastructure funding of project facilities related to the Graphite One Project

"Following the recent release of our Preliminary Economic Assessment, this MOU with AIDEA marks an important step in progressing our studies on the development of our Graphite One Project," said Anthony Huston, Chief Executive Officer of Graphite One. "It serves as a strong signal of Alaska’s commitment to responsible development of the State’s natural resources.  Graphite One pledges to be a responsible partner in this potential development."

"The completion of the MOU with Graphite One aligns with our mandate to promote economic growth and diversification in Alaska," said John Springsteen, Executive Director of AIDEA. "With the Preliminary Economic Assessment now available, we look forward to working with the Graphite One team to advance all aspects of the project’s review.”

The MOU acknowledges that Graphite One has commenced preliminary discussions with State of Alaska officials from the Department of Commerce, Community and Economic Development (DCCED), AIDEA and the Alaska Department of Natural Resources (DNR) to begin evaluating potential sites, within Alaska but away from the Graphite Creek property, at which facilities might be developed for further processing of Graphite Creek graphite.  Criteria relevant to deciding on the location of such facilities in Alaska include power cost and supply, availability of industrial zoned land, proximity to tidewater and port facilities, and infrastructure that allows easy access for the workforce.

AIDEA has provided Graphite One a list of potential sites in Alaska to evaluate whether they might satisfy some or all of the relevant criteria.

In summary, the MOU covers the following aspects of the Project:

  • Economic Impact.  Facilitate strategies to maximize local economic benefits and job opportunities as a result of responsible development of the Graphite One Project.
  • State Agency Collaboration.  Establish the groundwork for collaboration with DCCED and DNR in order to assess the potential opportunities at each of the proposed locations for Processing and Manufacturing Facilities for suitability of the site and any other multi-user opportunities, including the assessment of future marine traffic patterns and logistics. 
  • Community Engagement.  Provide a framework for AIDEA and Graphite One to engage cooperatively with local communities and other stakeholders to incorporate their input via public meetings and consultations.
  • Permitting.  Allow the parties to work cooperatively to identify activities requiring federal, state or local permitting.
  • AIDEA Infrastructure Funding.  Allow both parties to investigate options and opportunities for AIDEA to participate in funding some of the project facilities.

About AIDEA

AIDEA’s purpose is to promote, develop, and advance the general prosperity and economic welfare of the people of Alaska. One of the ways AIDEA fulfills this purpose is by supporting development of natural resources in Alaska. AIDEA has the statutory authority to finance, develop and own and operate facilities and improvements, including roads intended for use in connection with the extraction, production, and  transportation of minerals and materials.

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) continues to develop its Graphite One Project (the “Project”), whereby the Company could potentially become the dominant American producer of high grade Coated Spherical Graphite (“CSG”) that is integrated with a domestic graphite resource.  The Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade CSG primarily for the lithium-ion electric vehicle battery market.  As set forth in the Preliminary Economic Assessment, potential graphite mineralization mined from the Company’s Graphite Creek Property, is expected to be processed into concentrate at a graphite processing plant.  The proposed processing plant would be located on the Graphite Creek Property situated on the Seward Peninsula about 60 kilometers north of Nome, Alaska.  CSG and other value-added graphite products, would likely be manufactured from the concentrate at the Company’s proposed graphite product manufacturing facility, the location of which is the subject of further study and analysis.  The Company intends to make a production decision on the Project once a feasibility study is completed.

ON BEHALF OF THE BOARD OF DIRECTORS
“Anthony Huston” (signed)

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:
Anthony Huston

CEO, President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

CAUTIONARY STATEMENT

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 are deemed to be forward-looking statements. All statements in this release, other than statements that are clearly historical in nature, are forward-looking statements. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “proposes”, “expects”, or “is expected”, “scheduled”, “estimates”, “projects”, “intends”, “assumes”, “believes”, “indicates” 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”.

Forward-looking information in this release includes, but is not limited to, statements regarding the stage and progress of development of the Graphite Creek Project including the ability to create jobs and economic development, project permitting process, ability to finance, the potential to be the dominant American producer of CSG, changes in project parameters as plans continue to be refined, the actual ability to produce spherical graphite, ultimate further and final results of additional test-work, estimated capital and sustaining costs and the availability of equipment, labour and resources required, the anticipated applications of graphite in high-tech, clean tech, energy storage and national security applications and all other anticipated applications, international demand and ability to transport and enter into such markets, are all 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: (i) volatile stock price, (ii) the results of the product development test work may not be indicative of the advancement of the project as anticipated, or at all, (iii) market prices, (iv) exploitation and exploration successes, (v) continuity of mineralization, (vi) uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, (vii) changes in government policies regarding mining and natural resource exploration and exploitation, (viii) competition faced in securing experienced personnel, access to adequate infrastructure to support mining, processing, development and exploration activities and continued availability of capital and financing, and (ix) 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.sedar.com.

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262 Mining News: USGS Finds Little Growth for Domestic Miners; Increased Import Reliance http://www.petroleumnews.com/pntruncate/470263582.shtml 2017-02-10 00:00:00 261 Graphite One Provides Inaugural PEA’s Post-Tax Results Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) ("Graphite One", “GPH” or the "Company") presents the post-tax financial results from its Preliminary Economic Assessment ("PEA") that the Company announced on January 25, 2017 for the development of http://graphiteoneresources.com/_resources/news/nr_20170130.pdf 2017-01-30 00:00:00 260 Graphite One Resources Inc. Extends Option to Purchase Net Smelter Royalty Graphite One Resources Inc. (GPH: TSX-V, GPHOF: OTCQX) (“Graphite One” or the “Company”) announces it has extended the deadline by 4 years to buyout the 2% net smelter royalty applicable to certain of its mining claims in the State of Alaska purchased in http://graphiteoneresources.com/_resources/news/nr_20170126.pdf 2017-01-26 00:00:00 259 Graphite One Announces Fully Integrated American Graphite Project Inaugural PEA at US$1.037B NPV, And 27% IRR Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, "GPH" or the "Company") is pleased to announce the results of its Preliminary Economic Assessment ("PEA") for the development of its 100%-owned Graphite One manufacturing project (the http://graphiteoneresources.com/_resources/news/20170125.pdf 2017-01-25 00:00:00 257 Graphite One Marks Major Milestones in 2016 Development of its Graphite Creek Project and Provides Update on Status of PEA Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, “GPH” or the “Company”) is pleased to provide this summary of the Company’s 2016 milestones in the development of its Graphite Creek Project near Nome, Alaska. http://graphiteoneresources.com/news/index.php?content_id=257 2016-12-07 00:00:00


December 7, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, “GPH” or the “Company”) is pleased to provide this summary of the Company’s 2016 milestones in the development of its Graphite Creek Project near Nome, Alaska.

  • Raised over $2.8 million in new financing
  • 2016 Product Development Program’s results confirmed high performance, repeatability and stability of the Company’s spherical graphite – all indicators of high-quality graphite for lithium-ion (“Li-ion”) batteries
  • Work continues to produce exploratory grade samples of coated, spherical graphite (“C-SPG”) for testing by potential end-users
  • Nearing completion of its inaugural Preliminary Economic Assessment (“PEA”) for release in January 2017

2016 Milestones

During 2016, Graphite One completed four rounds of financing.  Initially targeted for funds totaling a cumulative $2.4 million, two of the four financings were oversubscribed, raising a total of more than $2.8 million.

With proceeds from its financings, GPH conducted a comprehensive Product Development Program (the “Program”) under the management of TRU Group with the following results:

  • The test work produced purified graphite exceeding the threshold purity requirement of 99.95% Cg and averaged 99.98% Cg.
  • The Program produced premium-grade spherical graphite (“SPG”) from the purified graphite.
  • The best spheronization result – High Yield SPG - achieved almost 75% conversion of GPH STAX graphite to SPG in the size range suited for electric vehicle applications compared to typical industry yields of 30 to 40%.
    • Manufacture of the High Yield SPG product followed a simpler processing protocol and required less energy input than conventional processing compared to SPG from Chinese natural flake graphite in that there was no prior size reduction (milling) of the GPH purified graphite (purified graphite extracted from select surface samples from the Company’s Graphite Creek Property).
    • The entire size distribution of the GPH purified graphite was the feed to the spheronizing mill.
    • The GPH feed was processed in half the residence time and at two thirds of the energy input in the spheronizing mill to achieve product size and yield.
  • Working with its uncoated SPG, the Program achieved first discharge capacity approaching natural graphite’s Theoretical Maximum Capacity of 372 Ah/kg in three tests and equaling it in one.
     discharge capacity
  • Working with coated spherical graphite coin cells, the Program achieved reversible discharge capacity as high as 370.1 Ah/kg – or 0.5% below the Theoretical Maximum Capacity.

“2016 marked a major step forward in our development of our Graphite Creek Project,” said Anthony Huston, CEO of Graphite One.  “Our Program indicated the unique characteristics of our STAX natural flake graphite, which more than met our expectations for performance on the key metrics for spherical graphite.”  STAX graphite is the acronym used to describe Spheroidal, Thin, Aggregate and eXpanded naturally-occurring morphologies present in the graphite sourced from the Graphite Creek deposit.  “Our goal for Graphite One is to become a reliable producer of high-quality graphite for the rapidly evolving energy and high-tech sectors,” Huston continued.

discharge capacity

The Company continues to produce samples of its SPG for assessment by potential end-users.

The Company is also nearing completion of its preliminary test work on the mineral processing circuit for producing high grade graphite concentrate from the Company’s Graphite Creek graphite mineralization.  The Graphite Creek Property is expected to provide mineralized feed to the Company’s Mineral Processing Plant which is to extract graphite concentrate. 

PEA Update

Graphite One reports that it is now anticipated that the Preliminary Economic Assessment (the “PEA”) for the Graphite Creek Project is now targeted for completion by the end of January 2017.  Work continues toward finalizing the PEA and most components of the PEA are complete, with some delays experienced due to the time required to complete its review and approve the document.

While flake graphite is a key material in a range of applications in high-tech, clean tech, energy storage and national security applications, there is presently no U.S. production of flake graphite.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is moving to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The deposit has 17.95 million metric tons of indicated resources grading 6.3 percent graphitic carbon and 154.36 metric tons of inferred resources at 5.7 percent graphitic carbon identified. The Graphite Creek Project is in the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity, and key features of the graphite.  For more information please see www.graphiteoneresources.com.

Mr. I. John Roumeliotis, Ing., a Qualified Person under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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, are forward-looking statements. Forward-looking information in this release includes, but is not limited to, statements regarding the actual ability to produce spherical graphite, ultimate further and final results of additional test-work, the anticipated progress of both the TRU Group and Graphite One during 2017, the timing and successful completion of the PEA, the anticipated applications of graphite in high-tech, clean tech, energy storage and national security applications, the results of the TRU Group’s study being accurate regarding the characteristics of the Graphite Creek mineralization, exploration drilling, exploitation activities and events or developments that the Company expects, the sustainability and ultimate environmental effects of spherical graphite, are all 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 the results of the product development test work may not be indicative of the advancement of the project as anticipated, or at all, 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.sedar.com.

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256 Graphite One Responds to Market Activity - Vancouver, British Columbia - Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) at the request of Investment Industry Regulatory Organization of Canada's market surveillance, on behalf of the Toronto Stock Exchange http://graphiteoneresources.com/news/index.php?content_id=256 2016-11-30 00:00:00

November 30, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) at the request of Investment Industry Regulatory Organization of Canada's market surveillance, on behalf of the Toronto Stock Exchange, Graphite One wishes to confirm that it is not aware of any material, undisclosed information related to the company that would account for the recent increase in the market price and level of trading volume of its common shares.

We seek Safe Harbor.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  The Project has the potential to produce products that will effectively compete in the high end battery market (for both electric vehicles and power storage) as well as other markets for purified graphite and graphite by-products.  For more information please see www.graphiteoneresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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 receipt of regulatory approvals and completion of the shares for debt transaction 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. 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.sedar.com.

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255 Graphite One Successfully Completes $812,000 Financing Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased to announce that it has completed its non-brokered private placement offering (the “Offering”). http://graphiteoneresources.com/news/index.php?content_id=255 2016-11-09 00:00:00  

November 9, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased to announce that it has completed its non-brokered private placement offering (the “Offering”).

The net proceeds of the Offering will be used for exploration and development of the Company’s Graphite Creek Project, for final preparation of the Graphite Creek Preliminary Economic Assessment (PEA) projected for completion in Q4 2016, and for general working capital purposes.

The Company has issued 10,150,000 Units (the “Units”) at a price of $0.08 per Unit for a total of $812,000.  Each Unit consists of one common share (a “Common Share”) and one transferable common share purchase warrant (a “Warrant”).  Each Warrant entitles the holder to purchase one full Common Share at a purchase price of $0.12 per Common Share and will expire on the earlier of: (a) two years from the date of issuance; and (b) in the event the Common Shares trade at a volume of $0.21 or more on the TSXV Venture Exchange or the Toronto Stock Exchange for 10 consecutive trading days, the Company may, at its option, issue a press release and a notice to the Warrantholder for the expiry of the Warrants on the date that is 45 days from the press release and notice and the Warrantholder may exercise the Warrants during this 45 day period (but no later than two years from the date of issuance).

No new insiders were created, nor any change of control occurred, as a result of this Offering.

In connection with the Offering, the Company paid finders' fees to arm’s-length parties.  Broker fees totalled $48,000 with 600,000 non-transferable broker Warrants being issued, with each such broker Warrant entitling the holder to acquire one additional Common Share at the same price and under the same terms as the Warrants described above.

Final closing of the Offering is subject to receipt of final applicable regulatory approvals including approval of the TSX Venture Exchange.  All securities issued in connection with the Offering will be subject to a restricted period that expires four months and a day following the date of issuance.

This press 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.

The Company also announces that the board of directors of the Company has approved an incentive stock option grant to directors, officers and consultants of the Company for the purchase of 4,050,000 shares of Graphite One in accordance with the Company’s shareholder approved stock option plan.  The options are exercisable at a price of $0.10 per share, all vesting immediately and expiring on November 8, 2021.

Upon the granting of the options described above, Graphite One will have 23,925,000 options outstanding, which represents approximately 9.99% of the 239,425,335 common shares of the Company currently outstanding.  Graphite One’s stock option plan limits the issuance of options to no more than 10% of the outstanding common shares.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  The Project has the potential to produce products that will effectively compete in the high end battery market (for both electric vehicles and power storage) as well as other markets for purified graphite and graphite by-products.  For more information please see www.graphiteoneresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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 receipt of TSX Venture final approvaland the actual use of proceeds 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. 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.sedar.com.

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254 Graphite One Announces Financing Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) ("Graphite One" or the "Corporation") announces that it intends to complete a non-brokered private placement offering (the "Offering") to raise gross proceeds of up to CA$812,000. http://graphiteoneresources.com/news/index.php?content_id=254 2016-10-11 00:00:00  

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

October 11, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Corporation”) announces that it intends to complete a non-brokered private placement offering (the “Offering”) to raise gross proceeds of up to CA$812,000.

The Corporation plans to issue up to 10,150,000 units (the “Units”) at a price of CA$0.08 per Unit.  Each Unit consists of one common share and one transferable common share purchase warrant (a “Warrant”).  Each Warrant entitles the holder to purchase one full Common Share at a purchase price of CA$0.12 per Common Share and will expire on the earlier of: (a) two years from the date of issuance; and (b) in the event the Common Shares trade at a volume of C$0.21 or more on the TSXV Venture Exchange or the Toronto Stock Exchange for 10 consecutive trading days, the Corporation may, at its option, issue a press release and a notice to the Warrantholder for the expiry of the Warrants on that date that is 45 days from the press release and notice and the Warrantholder may exercise the Warrants during this 45 day period (but no later than two years from the date of issuance).

The Company may pay finders' fees to arm’s-length parties in connection with the Offering.

The net proceeds of this Offering will be used for exploration and development of the Company’s Graphite Creek Project and for general working capital purposes.

Closing is expected to occur on or before the end of October 2016, subject to receipt of final applicable regulatory approvals including approval of the TSX Venture Exchange.  All securities issued in connection with the Offering will be subject to a restricted period that expires four months following the date of issuance.

This press 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.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 miles north of Nome.  The Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  The Project has the potential to produce products that will effectively compete in the high end battery market (for both electric vehicles and power storage) as well as other markets for purified graphite and graphite by-products.  For more information please see www.graphiteoneresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc please visit the Company’s website,
www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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 timing of closing the Offering, final amount raised under the Offering, receipt of 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. 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.sedar.com.

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253 Resource World Magazine: Graphite One Advancing Unique Graphite Deposit http://resourceworld.uberflip.com/i/734523-resource-world-oct-nov-2016-vol-14-iss-6/35#.V_QOg9hmTV8.gmail 2016-10-06 13:04:00 252 Graphite One Announces Change in Financial Year‐End August 25, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX‐V; GPHOF: OTCQX) (“Graphite One” or the “Company”) announces that, effective in 2016, the board of directors of the Company has resolved that its financial year http://graphiteoneresources.com/news/index.php?content_id=252 2016-08-25 00:00:00
August 25, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX‐V; GPHOF: OTCQX) (“Graphite One” or the “Company”) announces that, effective in 2016, the board of directors of the Company has resolved that its financial year‐end will be changed from September 30 to December 31 to be consistent with the Company’s peers and align the Company’s fiscal year with the mining project activities. To facilitate the change, Graphite One will report a one‐time, fifteen month transition year covering the months of October 2015 to December 2016. Subsequent to the transition year, Graphite One's first full financial year will cover the period January 1, 2017 to December 31, 2017.

For details regarding the length and ending dates of the financial periods, including the comparative periods of the interim and annual financial statements to be filed for the Company’s transition year and,its new financial year, reference is made to the Notice of Change of Year End that has been filed via SEDAR pursuant to National Instrument 51‐102 and is accessible at www.sedar.com.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX‐V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome. The Graphite Creek Project is progressing from the exploration to the evaluation phase. Work to date has identified a large, high grade and at‐surface resource with simple geology and good mineralization continuity. For more information please see www.graphiteoneresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc please visit the Company’s website,
www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 889‐4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1‐604‐684‐6730
GPH@kincommunications

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.

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251 Graphite One Successfully Completes $1.3 Million Financing Graphite One Resources Inc. (TSX VENTURE:GPH)(OTCQX:GPHOF) ("Graphite One" or the "Company") is pleased to announce that it has completed its non-brokered private placement offering (the "Offering"). http://graphiteoneresources.com/news/index.php?content_id=251 2016-08-23 00:00:00 NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

August 23, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) is pleased to announce that it has completed its non-brokered private placement offering (the “Offering”).  The Offering was originally announced in the July 15, 2016 press release with a goal of raising $1.0 million, was oversubscribed, raising gross proceeds of $1.3 million.

The net proceeds of the Offering will be used for exploration and development of the Company’s Graphite Creek Project, for final preparation of the Graphite Creek Preliminary Economic Assessment (PEA) projected for completion at the end of Q3 2016, and for general working capital purposes.

“In this challenging capital market, we are extremely gratified that investor interest resulted in an oversubscribed offering,” said Anthony Huston, President and Chief Executive Officer of Graphite One.

The Company has issued 16,250,000 Units (the “Units”) at a price of $0.08 per Unit for a total of $1.3 million.  Each Unit consists of one common share (a “Common Share”) and one transferable common share purchase warrant (a “Warrant”).  Each Warrant entitles the holder to purchase one full Common Share at a purchase price of $0.12 per Common Share and will expire on the earlier of: (a) two years from the date of issuance; and (b) in the event the Common Shares trade at a volume of $0.21 or more on the TSXV Venture Exchange or the Toronto Stock Exchange for 10 consecutive trading days, the Company may, at its option, issue a press release and a notice to the Warrantholder for the expiry of the Warrants on the date that is 45 days from the press release and notice and the Warrantholder may exercise the Warrants during this 45 day period (but no later than two years from the date of issuance).

No new insiders were created, nor any change of control occurred, as a result of this Offering.

In connection with the Offering, the Company paid finders' fees to arm’s-length parties.  Broker fees totalled $67,664 with 845,800 non-transferable broker Warrants being issued, with each such broker Warrant entitling the holder to acquire one additional Common Share at the same price and under the same terms as the Warrants described above.

Final closing of the Offering is subject to receipt of final applicable regulatory approvals including approval of the TSX Venture Exchange.  All securities issued in connection with the Offering will be subject to a restricted period that expires four months and a day following the date of issuance.

This press 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.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  The Project has the potential to produce products that will effectively compete in the high end battery market (for both electric vehicles and power storage) as well as other markets for purified graphite and graphite by-products.  For more information please see www.graphiteoneresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 697-2862
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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 receipt of TSX Venture final approvaland the actual use of proceeds 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. 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.sedar.com.

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250 Graphite One Announces Financing Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) ("Graphite One" or the "Corporation") announces that it intends to complete a non-brokered private placement offering (the "Offering") to raise gross proceeds of up to CA$1,000,000. http://graphiteoneresources.com/news/index.php?content_id=250 2016-07-15 00:00:00

July 15, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Corporation”) announces that it intends to complete a non-brokered private placement offering (the “Offering”) to raise gross proceeds of up to CA$1,000,000.

The Corporation plans to issue up to 12.5 million units (the “Units”) at a price of CA$0.08 per Unit.  Each Unit consists of one common share and one transferable common share purchase warrant (a “Warrant”).  Each Warrant entitles the holder to purchase one full Common Share at a purchase price of CA$0.12 per Common Share and will expire on the earlier of: (a) two years from the date of issuance; and (b) in the event the Common Shares trade at a volume of C$0.21 or more on the TSXV Venture Exchange or the Toronto Stock Exchange for 10 consecutive trading days, the Corporation may, at its option, issue a press release and a notice to the Warrantholder for the expiry of the Warrants on that date that is 45 days from the press release and notice and the Warrantholder may exercise the Warrants during this 45 day period (but no later than two years from the date of issuance);

The Company may pay finders' fees to arm’s-length parties in connection with the Offering.

The net proceeds of this Offering will be used for exploration and development of the Company’s Graphite Creek Project and for general working capital purposes.

Closing is expected to occur on or around the end of July 2016, subject to receipt of final applicable regulatory approvals including approval of the TSX Venture Exchange.  All securities issued in connection with the Offering will be subject to a restricted period that expires four months following the date of issuance.

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.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 miles north of Nome.  The Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  The Project has the potential to produce products that will effectively compete in the high end battery market (for both electric vehicles and power storage) as well as other markets for purified graphite and graphite by-products.  For more information please see www.graphiteoneresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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 timing of closing the Offering, final amount raised under the Offering, receipt of 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. 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.sedar.com.

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249 Graphite One Coated Spherical Graphite Coin Cell Test Results Achieve High Discharge Capacity of 370.1 Ah/kg Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, “GPH” or the “Company”) is pleased to announce the results from the initial performance tests on coin cells manufactured with the Company’s premium grade, coated spheroidized graphite http://graphiteoneresources.com/news/index.php?content_id=249 2016-06-20 00:00:00  

June 20, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, “GPH” or the “Company”) is pleased to announce the results from the initial performance tests on coin cells manufactured with the Company’s premium grade, coated spheroidized graphite (“C-SPG”).  The benchmark test results show that the application of a coating produces little change in the important reversible discharge capacity of the coin cells and an increase in efficiency, measured in terms of reduced irreversible capacity loss (“ICL”).  These results conform with the anticipated performance of SPG that has a properly applied coating.  In addition, the test results demonstrate repeatable charge/discharge performance as previously observed in coin cell tests using uncoated SPG (“U-SPG”) as announced in our press release of May 20, 2016.

  • Coin Cell Tests Show Little Change in Reversible Discharge Capacity and Performance Between the Coated and Uncoated SPG
  • Results Support High Performance, Repeatability and Stability – All Indicators of the High-Quality of GPH Graphite
  • Potential Answer to Electric Vehicle Battery End-Users’ Quest for High-Power

“These first coated coin cell results indicate that our C-SPG maintained high reversible capacity, while improving efficiency as measured by ICL”, said Anthony Huston, CEO of Graphite One.  “The results were impressive when compared to those for typical coated natural graphite and a top synthetic graphite.”

The best test results for reversible capacity from coin cells manufactured with the Company’s uncoated and coated SPG are presented in Figure 1.  These will form the baseline for future confirmatory testwork that will test a larger sample lot of coin cells manufactured with graphite representative of the target exploitation zone of the deposit.  To put them in perspective, these results are compared to the reversible discharge capacities for typical coated natural graphite and a top synthetic graphite.

Figure 1

Notes:

  1. Carbons for Electrochemical Energy Storage and Conversion Systems (2010)
  2. Lithium-Ion Batteries Science and Technologies (2009)

The test work is being conducted on the Company’s STAX graphite – the acronym used to describe the graphite that shows naturally occurring Spheroidal, Thin, Aggregate and eXpanded – structures sourced from the Company’s Graphite Creek deposit near Nome, Alaska.  There is presently no U.S. production of flake graphite.

Reversible discharge capacity for the best coated coin cell was 370.1 Ah/kg - 0.5% below the theoretical maximum for natural graphite - showing only a 0.5% drop in reversible capacity with the applied coating on the basis of comparing best results for uncoated and coated SPG.  Discharge capacity is a measure of a battery’s energy storage capability once charged.

While previously-tested U-SPG coin cells registered ICL above 10%, all three coin cells with C-SPG registered ICL below 10% demonstrating an improvement in efficiency as a result of the coating application.  The best result from coin cells using C-SPG registered an ICL of 6.3%.  The slight reduction in reversible capacity accompanied by the beneficial decrease in ICL conforms to the anticipated outcome of a successfully applied coating on SPG.  This behaviour was apparent in the coin cells that completed the testing cycle as summarized in the following table.

Parameter Values
Coin Cell Identification No. 1220 1221 1228
Irreversible Capacity (Ah/kg) 395.1 401.1 398.8
Reversible Capacity (Ah/kg) 370.1 364.1 367.9
RC Difference from Theoretical (%) 0.5 2.1 1.1
Irreversible Capacity Loss (%) 6.3 9.2 7.8
Number of Cycles 3 1 1
 

Figure 2

Coin cell 1220 (see Figure 2) successfully completed three charge/discharge cycles as seen in the accompanying figure, the second and third discharge curves show almost complete coincident overlap with the first discharge curve, attesting to repeatability in performance across subsequent charge/discharge cycles.  This behaviour is consistent with observations for coin cells manufactured with the Company’s U-SPG, as previously reported on May 20, 2016.

The current results conclude the exploratory product development program.  The findings will be applied to optimize some aspects of spherical graphite production in the next phase of testwork that will use concentrate generated from the current mineral processing testwork as feedstock.  The next product development test phase will use graphite feedstock representative of the target exploitation zone at Graphite Creek with the objective to reproduce the best results and generate additional sample product for interested third parties.

“Up to this point, EV battery end-users have had to make a choice between systems that deliver high-power (near 100 kW) and high-energy (tens of kW hours between each charge).  Based on these new results and observations made when processing STAX graphite, we will focus our development work on determining whether our STAX-derived SPG can deliver both high-energy and high-power performance,” Huston added.  “We continue to be encouraged by the naturally occurring properties being revealed in our Graphite Creek graphite.”

Huston continued, “It is important to note that the economics of our project will not be known at any level of confidence before the completion of a preliminary economic assessment (“PEA”), preliminary feasibility study or feasibility study.”  The Company’s PEA is expected to be completed in Q3 2016.

Test Methodology

Toronto-based, independent industry consultants TRU Group are directing the Company’s testwork program with U-SPG and C-SPG.  The testwork reported here was performed at a United States laboratory recognized for its capabilities in graphite characterization, processing and electrochemical performance (battery) testing.  Neither the Company nor TRU Group has a direct or indirect relationship with the laboratory.  The laboratory undertaking the exploratory product development test work has been certified by the US Department of Defense's Defense Contract Management Authority to be ISO 9001:2008 Compliant in Quality Systems.  TRU does not wish to disclose the name or specific location of the laboratory testing facilities in order to maintain its competitive advantage.  For competitive reasons graphite companies do not typically disclose details of the laboratories doing their product test work.

The graphite used for the coin cell tests was extracted from surface historic mine working samples which were first segregated into three lots by visual inspection.  Each lot was then analyzed to determine which of the three corresponded to the mineralogy of the higher graphite grading zone (Zone 1) targeted for initial exploitation as identified in the Company’s conceptual study prepared by TRU Group.  The graphite sample lot that corresponded to Zone 1 was then characterized to confirm the occurrence of STAX morphology.  Once this was confirmed, that sample was processed to extract an impure concentrate, which was subsequently purified to at least 99.98+% fixed carbon.  This material was then processed into SPG.  A coating was applied to the same combined size fractions of SPG that were previously used in coin cells tested with U-SPG. 

As previously reported, high (74%) conversion yield from flake graphite to SPG was achieved at lower energy intensity by direct spheroidization of the purified flake graphite – an achievement attributed to the STAX graphite morphology and properties inherent to the Company’s Graphite Creek deposit.  As these samples were selected, they may not be representative of the Graphite Creek deposit as a whole and the findings of these preliminary metallurgical results must be confirmed by further test work on drill core samples.

Follow-up testwork will be conducted on graphite concentrate produced from testwork currently underway that is validating the mineral processing flowsheet using drill core segments from Zone 1.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The deposit has 17.95 million metric tons of indicated resources grading 6.3 percent graphitic carbon and 154.36 metric tons of inferred resources at 5.7 percent graphitic carbon identified. The Graphite Creek Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  For more information please see www.graphiteoneresources.com.

Mr. I. John Roumeliotis , Eng., a Qualified Person under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston

CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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, are forward-looking statements. Forward-looking information in this release includes, but is not limited to, statements regarding the actual ability to produce spherical graphite, ultimate further and final results of additional test-work, the anticipated progress of both the TRU Group and Graphite One during 2016, the timing and successful completion of the PEA, the industry projections regarding electric vehicles and smart grid power storage devices, the results of the TRU Group’s study being accurate regarding the characteristics of the Graphite Creek mineralization, exploration drilling, exploitation activities and events or developments that the Company expects, the sustainability and ultimate environmental effects of spherical graphite, are all 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 the results of the product development test work may not be indicative of the advancement of the project as anticipated, or at all, 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.sedar.com.

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247 Graphite One Announces Conference Call to Discuss Spherical Graphite Coin Cell Test Results Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, “GPH” or the “Company”) advises that the previously announced conference call for May 26th has been rescheduled for Wednesday June 1st at 1:30 PM PST (4:30PM EST). During the call, th http://graphiteoneresources.com/news/index.php?content_id=247 2016-05-24 00:00:00

May 24, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, “GPH” or the “Company”) advises that the previously announced conference call for May 26th has been rescheduled for Wednesday June 1st at 1:30 PM PST (4:30PM EST). During the call, the Company along with TRU Group Inc., will discuss in detail the results from initial performance tests on coin cells manufactured with the Company’s premium grade uncoated spheroidized graphite (U-SPG) (see press release May 20th, 2016). A brief question and answer period will follow the discussion.

Conference Call Details:

Local: 1-647-788-4919

North America Toll-Free: 1-877-291-4570

United Kingdom Toll-Free: 0-800-051-7107

A playback of the conference call will be available on the corporate website shortly after the call ends.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The deposit has 17.95 million metric tons of indicated resources grading 6.3 percent graphitic carbon and 154.36 metric tons of inferred resources at 5.7 percent graphitic carbon identified. The Graphite Creek Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  For more information please see www.graphiteoneresources.com

Mr. David Hembree, C.P. Geol., General Manager Operations for Graphite One and a Qualified Person under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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, are forward-looking statements. Forward-looking information in this release includes, but is not limited to, statements regarding the actual ability to produce spherical graphite, ultimate further and final results of the test-work, the anticipated progress of both the TRU Group and Graphite One during 2016, the timing and successful completion of the PEA, the industry projections regarding electric vehicles and smart grid power storage devices, the results of the TRU Group’s study being accurate regarding the characteristics of the Graphite Creek mineralization, exploration drilling, exploitation activities and events or developments that the Company expects, the sustainability and ultimate environmental effects of spherical graphite, are all 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 the results of the product development test work may not be indicative of the advancement of the project as anticipated, or at all, 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.sedar.com.

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246 Graphite One Announces Spherical Graphite Coin Cell Tests as EV Market Growth Accelerates Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, “GPH” or the “Company”) announced results from initial performance tests on CR2016 coin cells manufactured with the Company’s premium grade uncoated spheroidized graphite (U-SPG). http://graphiteoneresources.com/news/index.php?content_id=246 2016-05-20 00:00:00


May 20, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; OTCQX: GPHOF) (“Graphite One”, “GPH” or the “Company”) announced results from initial performance tests on CR2016 coin cells manufactured with the Company’s premium grade uncoated spheroidized graphite (U-SPG).  Three of the five coin cells evidenced a first discharge capacity that approached natural graphite’s theoretical maximum with results deviating by less than 1% and one coin cell result equaled it.  Discharge capacity is a measure of a battery’s energy storage capability once first charged.  The test work is being conducted on the Company’s STAX graphite – the acronym used to describe the graphite that shows naturally occurring Spheroidal, Thin, Aggregate and eXpanded – structures sourced from the Company’s Graphite Creek deposit near Nome, Alaska.  There is presently no U.S. production of flake graphite.

  • GPH U-SPG Test Results show First Discharge Capacity Approaching Natural Graphite’s Theoretical Maximum Capacity in Three Tests and Equalling it in One.
  • Results from Repeat Charge/Discharge cycles at C/20 Rate and Continuous cycling at C/3 Rate confirm High Performance, Repeatability and Stability – All Indicators of High-Quality GPH Graphite
  • Potential Answer to Electric Vehicle (EV) Battery End-Users Quest for High-Power Plus High-Energy
  • GPH remains on target to complete exploratory grade samples of C-SPG for delivery to potential end-users
Discharge Capacity

“These results support our material having demonstrated superior first discharge capacity for uncoated graphite,” said Anthony Huston, CEO of Graphite One, “while the continuous cycling test shows the potential for our SPG to be used in EV applications.  We believe the test results show impressive performance.  These properties are inherent to Graphite Creek’s flake graphite.  It is important to note that the economics of the project have not been established at any level of confidence through the completion of a preliminary economic assessment (PEA), preliminary feasibility study or feasibility study.”

At present, EV battery manufacturers offset the lower-performance of natural flake graphite with a composite blend using significant amounts of higher-cost synthetic graphite, which typically accounts for 30% or more of anode material.  With improvements in natural graphite quality (Tap Density and Scott Volume, for instance), the ratio of natural graphite in anodes is increasing.

“Up to this point, EV battery end-users have had to make a choice between systems that deliver high-power (near 100 kW) and high-energy (tens of kW hours between each charge).  Based on these new results and observations made when processing STAX graphite, we will focus our development work on determining whether our STAX-derived SPG can deliver both high-energy and high-power performance,” Huston added.  “By displacing the need for synthetic graphite, higher-performance natural graphite produced at lower cost could deliver EV battery cost savings, one of the key factors in making EVs more affordable.”

Graphite One Coin Cell Test Results

Coin Cell
ID
SPG Description Number
of Cycles
First Reversible
Discharge Capacity
(Ah/kg)1
Irreversible
Capacity Loss

(%)
1203 Milled, spheroidized, uncoated 2 372.0 11.8
1207 Milled, spheroidized, uncoated 2 370.9 6.05
1208 Milled, spheroidized, uncoated 3 370.13 11.1
1209 Spheroidized, uncoated 3 369.1 16.9
1211 Direct spheroidized, uncoated 3 361.0 16.4
      1 – theoretical maximum = 372

Toronto-based, independent industry consultants TRU Group are directing the Company’s testwork program with uncoated (U-SPG) and coated spheroidized graphite (C-SPG).  The testwork was performed at a United States laboratory recognized for its capabilities in graphite characterization, processing and electrochemical performance (battery) testing.

Results from five coin cells cycled at C/20 are found in the table above.  The first discharge capacity of coin cell 1203 equalled the theoretical discharge capacity of natural graphite of 372 Ah/kg.  Three other coin cells, 1207, 1208 and 1209 had first discharge capacities that were within 1% of the theoretical maximum while coin cell 1211 had a first discharge capacity that deviated 3% from the theoretical maximum.  Discharge capacity is a measure of a battery’s energy storage capability once first charged.  Graphite One’s coin cell tests also demonstrated the ability of the graphite to achieve the same or similar discharge capacity in repeated subsequent charging/discharging cycles.  This behaviour was evident in both the highest performing cell (1203) and lowest performing cell (1211) as seen in Graphs 1 and 2.  Continuous cycling tests performed at C/3 rate are typical of EV batteries and provide an early indication of the Graphite One SPG stability and potential for use in such applications as seen in Graph 3.

“The test results provide good indicators for the initial line-of-sight development path for the Company’s graphite, which is to target high-end, high-growth applications, such as electric vehicle (EV) battery materials.” said Huston.

The coin cell test results with U-SPG provide important benchmarks to compare against C-SPG coin cells tests that are currently being conducted.

John Roumeliotis, TRU Group Vice President and manager of the testwork programs commented:  “The STAX graphite is performing robustly and in the manner in which we had predicted during TRU’s initial investigation of the Graphite Creek deposit.  It was anticipated that the morphology observed in the drill core samples would translate into processing and performance gains over conventional flake graphite”.

Typical Chinese natural graphite anodes average a first discharge capacity of approximately 360 Ah/kg, while only the very high end and costliest synthetic graphite anodes average between 360 and 362 Ah/kg.  Graphite One’s uncoated SPG coin cells display high, at or near theoretical, first discharge capacity which was reproduced in multiple charging and discharging cycles.  Short duration (50 hour) continuous cycling of coin cell 1211 at C/3 rate also demonstrated, stable and repeatable charging and discharging behaviour.  These results point to a high performance, cyclical charging capabilities - properties which are inherent in the graphite found in the Company’s Graphite Creek deposit.

Graph 1: Multi-cycle charge-discharge curves for coin cell 1203 (milled, spheroidized, uncoated graphite) showing first reversible capacity of 372 Ah/kg.  Second discharge curve and capacity coincide with first cycle discharge results.

Multi-cycle charge-discharge curves for coin cell 1203 (milled, spheroidized, uncoated graphite) showing first reversible capacity of 372 Ah/kg.

Graph 2: Multi-cycle charge-discharge curves for coin cell 1211 (direct spheroidized, uncoated graphite) showing first reversible capacity of 361 Ah/kg.  Second and third discharge curve and capacity approximate first cycle discharge results.

Multi-cycle charge-discharge curves for coin cell 1211 (direct spheroidized, uncoated graphite) showing first reversible capacity of 361 Ah/kg.

Graph 3: Continuous cycling curve for cycles 16 to 26 for coin cell 1211 cycled at rate of C/3 showing consistent charging and discharging over a 50 hour period

Continuous cycling curve for cycles 16 to 26 for coin cell 1211 cycled at rate of C/3 showing consistent charging and discharging over a 50 hour period.

The graphite used for the coin cell tests was extracted from surface historic mine working samples which were first segregated into three lots by visual inspection.  Each lot was then analyzed to determine which of the three corresponded to the mineralogy of the higher graphite grading zone (Zone 1) targeted for initial exploitation as identified in the Company’s conceptual study  prepared by TRU Group.  The graphite sample lot that corresponded to Zone 1 was then characterized to confirm the occurrence of STAX morphology.  Once this was confirmed, that sample was processed to extract an impure concentrate, which was subsequently purified to at least 99.98+% fixed carbon.  This material was then processed into SPG.  As previously reported, high (74%) conversion yield from flake graphite to SPG was achieved at lower energy intensity by direct spheroidization of the purified flake graphite – an achievement attributed to the STAX graphite morphology and properties inherent to the Company’s Graphite Creek deposit.  As these samples were selected, they may not be representative of the Graphite Creek deposit as a whole and the findings of these preliminary metallurgical results must be confirmed by further test work on drill core samples.

Roumeliotis also stated: “The graphite concentrate extracted from the surface sample used in this exploratory R&D phase conforms to graphite that was similarly extracted and characterized from samples originating from drill core segments that were from Zone 1.” 

Follow-up testwork will be conducted on graphite concentrate produced from testwork currently underway that is validating the mineral processing flowsheet using drill core segments from Zone 1.

Management of Graphite One and TRU Group will hold a conference call to discuss these results in detail on Thursday May 26, 2016 at 10:00 am PST (1:00pm EST).  Conference call-in numbers are (647) 788-4919 (Local or International) and (877) 291-4570 (Operator Assisted Toll-Free).

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The deposit has 17.95 million metric tons of indicated resources grading 6.3 percent graphitic carbon and 154.36 metric tons of inferred resources at 5.7 percent graphitic carbon identified. The Graphite Creek Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  For more information please see www.graphiteoneresources.com

Mr. David Hembree, C.P. Geol., General Manager Operations for Graphite One and a Qualified Person under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston

CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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, are forward-looking statements. Forward-looking information in this release includes, but is not limited to, statements regarding the actual ability to produce spherical graphite, ultimate further and final results of the test-work, the anticipated progress of both the TRU Group and Graphite One during 2016, the timing and successful completion of the PEA, the industry projections regarding electric vehicles and smart grid power storage devices, the results of the TRU Group’s study being accurate regarding the characteristics of the Graphite Creek mineralization, exploration drilling, exploitation activities and events or developments that the Company expects, the sustainability and ultimate environmental effects of spherical graphite, are all 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 the results of the product development test work may not be indicative of the advancement of the project as anticipated, or at all, 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.sedar.com.

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245 Graphite One Produces Exemplary Spherical Graphite Samples from Purified STAX Graphite Graphite One Resources Inc. (GPH: TSX-V; OTCQX:GPHOF) (“Graphite One” or the “Company”) announced today the successful production of premium grade spheroidized graphite (SPG) from 99.98% Cg purified graphite, with yields in the first-run trial averaging 7 http://graphiteoneresources.com/news/index.php?content_id=245 2016-05-05 00:00:00

May 5, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; OTCQX:GPHOF) (“Graphite One” or the “Company”) announced today the successful production of premium grade spheroidized graphite (SPG) from 99.98% Cg purified graphite, with yields in the first-run trial averaging 74.6%.  Independent, Toronto-based, industry consultants TRU Group Inc. first identified the characteristics of the Company’s STAX graphite – the acronym used to describe Spheroidal, Thin, Aggregate and eXpanded naturally occurring morphologies in the graphite sourced from the Company’s Graphite Creek deposit near Nome, Alaska.

TRU is directing the Company’s testwork programs.  The current testwork provides strong confirmatory evidence of the properties of STAX Graphite in SPG product format.

  • Exploratory Product Development Test Work Supports Unmilled, Uncoated Material in the Premium SPG Range
  • SPG Yield in the Test Work is Averaging More Than 74%
  • Results Suggest Processing of Graphite Creek STAX Graphite is Potentially Much Less Energy-Intensive Than Conventional Flake Graphite
  • Physical Properties of Unmilled Graphite One SPG with Respect to Size, Size Range, Morphology, and Various Density Measurements Conform to EV Battery Requirements
  • Results of Phases 1-5 Will be Integrated into PEA, On Track for End of June

"The fact that our unmilled material processes into premium SPG with a high yield is excellent news,” said Anthony Huston, CEO of Graphite One.  “We are very pleased with the yields of 74.6% from our first-run trials given that typical yields of spherical graphite are 30% to 40%, depending on the quality of the graphite, the type of equipment used, and the analyst’s experience in adjusting processing parameters.”

TRU Group's test work findings point to potentially much less energy-intensive processing of Graphite Creek graphite into SPG compared to conventional flake graphite.  Huston noted: “The unmilled material is clearly spheroidal, with particle size distribution that conforms to the requirements for EV batteries.  Given the potential energy efficiencies we are seeing in our process, at a time when EV battery users see lower cost as the key to broader acceptance of electric and hybrid vehicles.”

Pending results from the Phase 5 coin cell tests will provide preliminary electrochemical performance metrics of the Graphite One SPG.

Previously, the Company produced a rough concentrate from surface ore samples that was successfully purified to at least 99.98%+ C which became the feed material for Phase 4 work.  Phase 4 involved:

  • Processing purified STAX material into two batches -- one that involved air milling and spheroidizing, and one that was directly fed unmilled into the spheroidizing mill.
  • Analyzing the SPG samples for various characteristics (including Tap Density, True Density, Scott Volume, BET surface area, and Mass Per Size-Class).
  • Observing that the physical properties of the unmilled SPG sample showed superior quality, with very high Tap Density (1.17 g/cc), Scott Volume (0.76 g/cc), and True Density (2.24 g/cc) for the uncoated product, while the coated BET surface area was also very low at 1 m2/g.
  • Establishing that the yield from the size cuts exhibiting physical properties which conform with the product specifications of SPG for EV applications being potentially very high at 74.6%.

These first-run non-optimized trials will provide baseline parameters that will be applied in second round product development testwork planned for the Preliminary Economic Assessment (PEA) which will corroborate processing and performance metrics and also confirm reproducibility of the current results.

Table 1:  Characterization Data for unmilled SPG
Parameter Value  
Tap Density 1.17 g/cc
Scott Volume 0.76 g/cc
True Density 2.24 g/cc
BET
BET (coated)
11.9
1.0
m2/g
m2/g
Particle Size    
D10 15.94 μm
D50 23.95 μm
D90 31.83 μm
Mean 23.94 μm


Figure 1: Unmilled (uncoated) SPG at 500x magnification

Such coincident high values in Tap Density in conjunction with high Scott volume are rarely observed in other spherical graphites.  Graphite One uncoated SPG Tap Density is on par or higher than its synthetic analogues while the Graphite One uncoated SPG Scott Volume compares to a high quality coated product.

5 Phases of Exploratory Product Development

The Company’s Graphite Creek Product Development Program is segmented into 5 phases, focused on generating preliminary materials performance data related to graphite concentrate purification, milling, spheroidizing, and coating, as well as establishing the electrochemistry of the coated spherical graphite finished product.  These findings are providing baseline parameters to lead the Company’s next stage product development testwork that will be incorporated into the Company’s PEA.  Sample material is being produced with the goal of providing for potential end-user evaluation.  Spherical graphite is used mainly in lithium-ion batteries, the main demand-driver being electric and hybrid vehicles.

Phase 5, currently in progress, focuses on manufacturing coin cells, generating electrochemical performance data for the coin cells (coated spherical graphite), and demonstrating the potential reversible capacity of the coated spherical graphite product in relation to the theoretical maximum for graphite, for a preliminary assessment of the spherical graphite quality and performance benchmark as anode material.

The sample material utilized in this test work was obtained in the Company’s 2012 surface bulk sampling program (see PR September 6, 2012 for description and location map).  The sample originated from the historic mine adits, trenches and outcrops of Zones 1 and 2 of the Graphite Creek graphite deposit, within the area of the Indicated Mineral Resource.  Sample Bulk04 was collected from the workings east of Graphite Creek and totaled almost 785 kg. 

Mineral Processing and Second Stage Product Development

In parallel to the Company’s product development work, mineral processing testwork under TRU Group’s direction is currently underway to examine the production of high purity concentrate by the most efficient and least energy-intensive means for graphite liberation and concentration.  This testwork is slated to be completed in June 2016 and will provide additional quantities of graphite concentrate that will be used in follow-up spheroidization and electrochemical performance trials with coated and uncoated SPG.

These optimized processing and product development test results will form the basis for the Graphite Creek PEA.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The Graphite Creek Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  For more information please see www.graphiteoneresources.com

Mr. David Hembree, C.P. Geol., General Manager Operations for Graphite One and a Qualified Person under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: 1-604-889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
Tel: 1-604-684-6730
GPH@kincommunications.com

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, are forward-looking statements. Forward-looking information in this release includes, but is not limited to, statements regarding the actual ability to produce spherical graphite, ultimate results of the test-work, the anticipated progress of both the TRU Group and Graphite One during 2016, the timing and successful completion of the PEA, the actual results from the Phase 5 coin cell tests, the industry projections regarding electric vehicles and smart grid power storage devices, the results of the TRU Group’s study being accurate regarding the characteristics of the Graphite Creek mineralization, exploration drilling, exploitation activities and events or developments that the Company expects, the sustainability and ultimate environmental effects of spherical graphite, are all 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 the results of the product development test work may not be indicative of the advancement of the project as anticipated, or at all, 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.sedar.com.

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243 Graphite One Produces Minimum 99.98+%Cg U.S.-Sourced STAX Graphite Concentrate Graphite One Resources Inc. (GPH: TSX-V; OTCQX:GPHOF) (“Graphite One” or the “Company”) is pleased to announce that it has completed the first three phases of its five phase exploratory Product Development Program http://graphiteoneresources.com/news/index.php?content_id=243 2016-03-17 00:00:00


March 17, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; OTCQX:GPHOF) (“Graphite One” or the “Company”) is pleased to announce that it has completed the first three phases of its five phase exploratory Product Development Program to produce carbon-coated spherical graphite, achieving a minimum purity level of 99.98+% Cg in three samples totaling 3,000g.  The graphite purity from all runs exceeds the threshold requirement of 99.95% Cg for preparing spherical graphite and was assessed by assaying for both impurity and graphite content.

The test work used STAX graphite – the acronym for graphite that is Spheroidal, Thin, Aggregate and eXpanded -- sourced from the Company’s Graphite Creek deposit near Nome, Alaska.

  • Product Development Test Work Confirms Anticipated Purity Levels for STAX graphite
  • Spheroidization, Coating and Coin Cell Production Remain on Track

The Graphite Creek exploratory Product Development Program is segmented into 5 phases, and is focused on generating preliminary materials performance data related to graphite concentrate purification, milling, spheroidizing, and coating as well as establishing the electrochemistry of the coated spherical graphite finished product.  Sample material is being produced with the goal of providing it for potential end-user evaluation. Spherical graphite is used mainly in lithium-ion batteries, the main demand-driver being electrical and hybrid vehicles.

“From the time we identified the unique mineralization of our STAX graphite, we’ve observed a number of potential performance advantages,” said Anthony Huston, CEO of Graphite One.  “Now, with the first three phases of our product development program complete, we have been able to validate the assumptions we made in terms of the purity we could achieve.  We look forward to the results of the remaining phases.”

Five Phases of Exploratory Product Development

In October 2015, Graphite One engaged TRU Group Inc. to undertake all tasks and activities related to a preliminary economic analysis of the Graphite Creek project.  In that context, TRU initiated two product testwork programs:

  • An exploratory Product Development Program that will provide an initial baseline for, and insights into, the purification and processing characteristics of the STAX graphite and the potential quality of its coated spherical graphite product.
  • A Mineral Processing and Product Development Program to standards that satisfy the requirements for a Preliminary Economic Assessment (PEA) that will incorporate findings from the exploratory investigations.

The first three phases of the Product Development work, now completed, are:

  • In Phase 1, a 300g trial sample of the graphite concentrate was tested for air milling characteristics. Results indicate that much lower (2/3 less) air pressure is required to achieve size reduction in STAX graphite than what is typically observed for conventional flake graphite.  This observation was consistent with performance advantages that were previously projected but unproven for STAX graphite.
     
  • In Phase 2, the 300g trial sample from Phase 1 was purified to 99.99+%Cg by non-acid methods at a U.S.-based purification facility and the results independently verified. 
     
  • In Phase 3, an air milled 2,400g trial sample and a 300g unmilled trial sample were each given the same purification treatment as the sample in Phase 2 and the results were independently verified as achieving a graphite purity of 99.98+%Cg and 99.99+%Cg, respectively.
     
  • The graphite purity from all runs exceeds the threshold purity requirement of 99.95% Cg for preparing spherical graphite.  The product purity was assessed by assaying for both impurity content and graphite content.

 
With the first three phases completed, the Company is proceeding to Phase 4 where the purified graphite will be spheroidized, classified and coated, in order to provide product samples and additional information on the milling characteristics and spheroidization yields.

Phase 5 will be dedicated to manufacturing coin cells, generating electrochemical performance data for the coin cells (coated spherical graphite) and demonstrating the potential reversible capacity of the coated spherical graphite product in relation to the theoretical maximum for graphite.  This will provide a preliminary assessment of the spherical graphite quality and performance benchmark as anode material.

Mineral Processing and Second Stage Product Development

In parallel to this product development work, mineral processing test work is underway to validate the mineral processing flowsheet for the Graphite Creek project, including the generation of 5 kg of high-purity concentrate. 

This part of the program is being executed at another U.S.-based mineral processing facility over a three-month period with completion currently scheduled for the end of May 2016.   Upon completion of this stage of work, the graphite concentrate will be purified and processed into coated spherical graphite.  Product samples including coated spherical graphite finished product will be manufactured into coin cells for electrochemical performance assessment and will incorporate findings from the exploratory program.  

The results from mineral processing and second stage product development will form the (validated) basis for the Graphite Creek PEA.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The Graphite Creek Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  For more information please see www.graphiteoneresources.com
Mr. David Hembree, C.P. Geol., General Manager Operations for Graphite One and a Qualified Person under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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, are forward-looking statements. Forward-looking information in this release includes, but is not limited to, statements regarding the actual ability to produce spherical graphite, ultimate results of the test-work, the anticipated progress of both the TRU Group and Graphite One during 2016, the anticipated process and plans of Phase 4 and Phase 5 in the product development work, the anticipated process and plans for the mineral processing and second stage product development, the timing and successful completion of the PEA, the results of the TRU Group’s study being accurate regarding the characteristics of the Graphite Creek mineralization, exploration drilling, exploitation activities and events or developments that the Company expects, the sustainability and ultimate environmental effects of spherical graphite, are all 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 the results of the product development test work may not be indicative of the advancement of the project as anticipated, or at all, 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.sedar.com.

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242 Graphite One Announces Stock Option Grant Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) announces that the board of directors of the Company has approved an incentive stock option grant to directors, officers and consultants of the Company for the purcha http://graphiteoneresources.com/news/index.php?content_id=242 2016-03-11 00:00:00


March 11, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (“Graphite One” or the “Company”) announces that the board of directors of the Company has approved an incentive stock option grant to directors, officers and consultants of the Company for the purchase of 9,050,000 shares of Graphite One in accordance with the Company’s shareholder approved stock option plan.  The options are exercisable at a price of $0.10 per share, all vesting immediately and expiring on March 11, 2021.

Upon the granting of the options described above, Graphite One will have 19,675,000 options outstanding, which represents approximately 9.5% of the 207,678,835 common shares of the Company currently outstanding.  Graphite One’s stock option plan limits the issuance of options to no more than 10% of the outstanding common shares.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The Graphite Creek Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  For more information please see www.graphiteoneresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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.

]]>
241 Graphite One on Target to Produce U.S.-Sourced Carbon-Coated Spherical Graphite Graphite One Resources Inc. (GPH: TSX-V; OTCQX:GPHOF) (“Graphite One” or the “Company”) is pleased to announce that it has commenced product development test work to produce carbon-coated spherical graphite from STAX graphite sourced from the Company’s Gr http://graphiteoneresources.com/news/index.php?content_id=241 2016-03-10 00:00:00


March 10, 2016 – Vancouver, British Columbia – Graphite One Resources Inc. (GPH: TSX-V; OTCQX:GPHOF) (“Graphite One” or the “Company”) is pleased to announce that it has commenced product development test work to produce carbon-coated spherical graphite from STAX graphite sourced from the Company’s Graphite Creek deposit near Nome, Alaska.

  • Carbon-Coated Spherical Graphite expected to be produced early in Q2 2016
  • First Step Towards a U.S. Supply Chain for Critical Clean Energy Material

“Production of carbon-coated spherical graphite will be a key step for us,” said Anthony Huston, CEO of Graphite One.  “As the green technology economy grows, driving continued adoption of electric vehicles and smart grid power storage devices, graphite will increasingly be a key material – a factor already present in rising demand projections.”

The test work is expected to provide preliminary information on the milling and spheroidizing yields of STAX graphite, assess non-chemical methods for graphite purification, generate electrochemical performance data of spherical graphite in coin cells tests and generate exploratory samples for potential end-users.

The Company is on schedule to produce the exploratory samples of spherical graphite early in the second quarter of 2016.

“With the United States presently 100% import-dependent for all of its graphite, reliable access to high-purity product will be a key factor in the United States’ ability to build sustainable industries in clean-tech and other high-tech applications,” Huston noted.  “With America’s largest natural flake deposit, and the advanced processing capabilities we are now working towards validating, Graphite One is systematically developing critical components of a North American clean-energy supply chain.”

In addition to the test work, the Company is validating its mineral processing flowsheet for the Graphite Creek graphite mineralization and is also generating a larger sample of select sized graphite concentrates that will then be purified and processed into ultra-high purity coated spherical graphite.

During the test work to date, less energy intensive milling characteristics of STAX graphite were observed.  Preliminary air milling trials successfully achieved a size reduction requiring less than a third of the operating pressure typically used on conventional flake graphite.

Metallurgical testing using Graphite Creek material had previously examined graphite purification (or produced purified graphite) by chemical (acid) treatment.  Graphite One is also evaluating green and sustainable cost-effective methods to purify graphite as the Company’s preferred approach.  Spherical graphite is used mainly in lithium ion batteries, the main demand-driver being electrical and hybrid vehicles.

The processing work, being done by TRU Group Inc (“TRU Group”) in the U.S., is expected to produce lab-scale samples of carbon-coated spherical graphite for internal assessment of electro-chemical performance and for potential end-user evaluation.  Graphite One anticipates that the samples will be produced within 5 to 6 weeks with the findings to be incorporated into the Preliminary Economic Assessment.

The spherical graphite product from spheroidization will be classified into different size ranges, as only certain sizes will be suited to electric vehicle and power storage applications.

GPH’s “STAX” Graphite

In April 2015, the Company announced that TRU Group's comprehensive study of the Company’s deposit revealed unique characteristics of the Graphite Creek’s mineralization.  As identified by TRU, these distinguishing features can be described as Spheroidal, Thin, Aggregate and eXpanded - or STAX.

About Graphite One

GRAPHITE ONE RESOURCES INC. (GPH: TSX-V; GPHOF: OTCQX) is exploring with the intent to develop the Graphite Creek Project, USA’s largest known large flake graphite deposit situated on the Seward Peninsula of Alaska about 60 kilometers north of Nome.  The Graphite Creek Project is progressing from the exploration to the evaluation phase.  Work to date has identified a large, high grade and at-surface resource with simple geology and good mineralization continuity.  For more information please see www.graphiteoneresources.com

Mr. David Hembree, C.P. Geol., General Manager Operations for Graphite One and a Qualified Person under NI 43-101, is responsible for and has reviewed and approved the technical content of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

"Anthony Huston” (signed)

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston
CEO, President & Director
Tel: (604) 889-4251
Email: AnthonyH@GraphiteOneResources.com

Investor Relations Contact
1-604-684-6730
GPH@kincommunications.com

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, are forward-looking statements. Forward-looking information in this release includes, but is not limited to, statements regarding the actual ability to produce spherical graphite, ultimate results of the test-work, the anticipated progress of both the TRU Group and Graphite One during 2016, the timing and successful completion of the PEA, the industry projections regarding the future demand for graphite, the industry projections regarding electric vehicles and smart grid power storage devices, the results of the TRU Group’s study being accurate regarding the characteristics of the Graphite Creek mineralization, exploration drilling, exploitation activities and events or developments that the Company expects, the sustainability and ultimate environmental effects of spherical graphite, are all 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 the results of the product development test work may not be indicative of the advancement of the project as anticipated, or at all, 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.sedar.com.

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