Graphano Energy Ltd V.GEL

Very Impressive Execution by CEO, Luisa Moreno, Ph.D.

[lccommoner]

Graphan Energy Incorporated 2021

July 31, 2021 - $4,096,979 Cash and Cash Equivalents

Oct 2021  -  Lac Aux Bouleau (LAB) Phase 1 exploration completed
Dec 2021 -  Raised $1,250,000 Flow Through financing

Jan 2022  -  Starts drill program at LAB
Jun 2022  -  Reports 6.1% Cg over 9 meteres at LAB
Jun 2022  -  Acquired Standard Mine and two sets of additional graphite claims
Jul 2022   -  Reports 6.34% graphite over 11 meters at edge of historical pit at LAB
Oct 2022  -  Commence fall exploration program at LAB
Dec 2022  -  Reports 26 meters grading 6.51% Cg from trenching at Standard

Feb 2023  -  Reports excellent drill results from LAB
Feb 2023  -  Reports excellent drill results from Standard
Apr 2023  -  Commences spring exploration program at LAB and Standard
Jun 2023  -  Reports excellent trenching results at Standard
Aug 2023  -  Engages SGS Canada for metallurgical testing.
Nov 2023  -  Starts fall 2023 drill campaign

Jan 2024  -  Completion of winter drill program
Feb 2024  -  Reports substantial graphite at Standard (18.8 m 9.79% Cg & 15 m 15.6% Cg)
Mar 2024  -  Stakes new claims at Standard
Mar 2024  -  Announces initial result from Pit Zone at LAB - open for expansion
Apr 2024  -  Reports excellent drill results from Zone 3 at LAB
May 2024  -  Reports expansion of Zone 3 at LAB
Jun 2024  -  Announces preliminary metallurgical results
Jun 2024  - Stakes new claims at LAB

April 30, 2024  -  $1,464,324 Cash and Cash Equivalents

Approximately $3.9M spent in three year, which included all of the work outlined above plus all salaries, consulting fees, etc. In my opinion, quite an amazing accomplishedment. Graphano Energy has lot of graphite!

Luisa Moreno, Ph.D., CEO  This financially savvy (see previous experience) CEO knows how to work within her means/budget and effectively use/leverage her God given talents!

Do you own DD.  LC

[1student]

Iccommoner, I have a wee little taste of Graphano Energy Ltd, so to speak. That was a good summary describing development work accomplished thus far and relating expenditures, Luisa Moreno, Ph.D., CEO, runs a tight ship with limited amounts of capital having been raised. Interested to know what you expect could be the timeline to full scale mining and processing taking place at either of the

[lccommoner]

1student: I can not give a specific answer to your questions. I am not "intimately" familiar with Quebec permitting. I live outside of Canada. However, I will answer with general thoughts. The LAB property was part of the TIMCAL/Imerys claims until lapsing in late 2014. Note: My understanding Hugues Jacquemin, CEO Northern Graphite, was with Imerys at this time (Nov. 2014

[1student]

Icommoner, In regards to the LAB property you stated "There is a past producing pit. Since this has been mined previously, the permitting and subsequent production could be as short as six months according to knowledgeable individuals. This is "assuming" Graphano and Northern "combine" operations in some manner. IMO, thus far, the CEO at Northern has not demonstrated his