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Highlights
- Graphite One completed a C$35 million marketed public offering to support project development activities.
- The company issued 20,002,000 units at C$1.75 per unit.
- Each warrant is exercisable at C$2.25 for 36 months.
- Net proceeds are allocated to AAM plant expenditures and working capital.
- BMO Capital Markets led the syndicate of agents.
Graphite One Inc. (TSX-V: GPH) (OTCQX:GPHOF) has completed a C$35 million marketed public offering, strengthening its financial position as the company advances the development of its vertically integrated graphite project in the US. The financing involved the sale of 20,002,000 units at C$1.75 per unit, including the full exercise of the agents’ option. The offering was conducted by a syndicate of agents led by BMO Capital Markets.
Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of C$2.25 for a period of 36 months from the closing date.
Prospectus Structure and Jurisdictions
The offering was completed pursuant to a prospectus supplement dated February 11, 2026, to the company’s Canadian base shelf prospectus filed on January 20, 2026.
In the United States, the securities were issued on a private placement basis under exemptions from the registration requirements of the U.S. Securities Act of 1933, as amended, and in certain jurisdictions outside Canada and the United States.
Planned Allocation of Funds
The company intends to use the net proceeds for expenditures related to its anode active material (AAM) plant, including design and engineering, permitting, and equipment purchases.
The remaining proceeds would be applied toward general working capital.
Vertically Integrated Project Development
Graphite One continues to advance the Graphite One Project with the goal of establishing a U.S.-based producer of high-grade anode materials integrated with a domestic graphite resource.
The project is planned as a vertically integrated operation to mine and process natural graphite and to manufacture artificial and natural graphite anode active materials for lithium-ion electric vehicle batteries and energy storage applications.
Shares of GPH traded at C$1.33 on February 18, 2026.
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Sponsored by Graphite One
Graphite One Inc. has engaged Kalkine Media for a three-month media coverage package, for which a consideration of CAD 2,200 has been paid. The engagement includes the publication and distribution of articles, display and banner advertising, social media promotion, a dedicated webpage, email campaigns, and one video interview.
Disclosure: This content is sponsored and has been authored by Aditi on behalf of Graphite One Inc., which has provided monetary consideration for its publication.
