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Graphite One Announces Acceleration of Expiry Date of October 2020 Warrants in Connection With the Net Smelter Royalty Buyout


Press release content from Accesswire. The AP news staff was not involved in its creation.
Graphite One Announces Acceleration of Expiry Date of October 2020 Warrants in Connection With the Net Smelter Royalty Buyout
March 15, 2021 GMT
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
VANCOUVER, BC / ACCESSWIRE / March 15, 2021 / Graphite One Inc. (OTCQB:GPHOF)(TSXV:GPH) (“Graphite One” or the “Company”) announces that it has elected to exercise its rights under the terms and conditions of the 2,500,000 common share purchase warrants (“Warrants”) that were issued in connection with the purchase of a net smelter royalty (“NSR”) in October 2020 to accelerate the expiry date of the Warrants. The original expiry date of the Warrants is October 8, 2025 and the Warrants are exercisable at $0.61. See the Company’s October 15, 2020 press release for the NSR purchase. ....

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Graphite One Inc.: Graphite One Comments on New U.S. Presidential Executive Order Elevating EV Battery Sector as Critical Supply Chain


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( Graphite One or the Company ) offers the following comment on a new Executive Order (EO) issued by U.S. President Joseph R. Biden on February 24, 2021, aimed at strengthening critical U.S. supply chains. The EO identifies three technology sectors as critical supply chains: advanced semiconductors, high-capacity batteries, including Electric Vehicle (EV) batteries , and pharmaceuticals. The EO also identifies critical minerals and other… strategic materials as a fourth supply chain, essential to technology manufacturing and the Defense Industrial Base. In addition to being a U.S. Government-listed Critical Mineral, graphite is an essential material for both the renewable and EV Battery sectors, and for advanced semiconductor manufacturing. ....

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