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Graphite One Inc V.GPH

Alternate Symbol(s):  GPHOF

Graphite One Inc. is a Canada-based mineral exploration company. The Company is focused on developing its Graphite One Project. The Graphite One Project is proposed as a vertically integrated enterprise to mine, process and manufacture anode materials primarily for the lithium-ion electric vehicle battery market. The Company, through its subsidiary, Graphite One (Alaska) Inc., is evaluating the graphite resources on its Graphite Creek Property (Property) near Nome, Alaska. The Graphite Creek Property consists of 135 State of Alaska mining claims (State Claims) and 41 state selected claims (SS Claims). The Graphite Creek Project is envisioned as a vertically integrated enterprise to mine, process, and manufacture Coated Spherical Graphite (CSG) primarily for the electric vehicle lithium-ion battery market.


TSXV:GPH - Post by User

Bullboard Posts
Post by YoloRoloon Nov 09, 2016 1:58pm
144 Views
Post# 25441347

August 23rd financing = October 11th financing = November 9

August 23rd financing = October 11th financing = November 9All that money from August wasn't enough.....or did it go somewhere else.  

August 23rd - 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.

October 11th - 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.

November 9th - 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.

And no PEA produced after first and second financing.........Got us all good. 
Lets hope for a great PEA.  and hope that the oil companies don't pay off Trump and his peeps to keep the EV hype down. 

YRolo

Bullboard Posts