#Canada #Vancouver #RSU Grant #Graphite One #Graphite Creek

Graphite One Inc. Grants Restricted Share Units to Directors

Graphite One Inc. (TSXV: GPH, OTCQX: GPHOF) has made headlines recently with the announcement of a substantial grant of restricted share units (RSUs) approved by its board of directors. This grant, totaling 583,015 RSUs, marks a significant step in the company's strategic initiatives and serves as a critical component of its Omnibus Plan. This article will provide a comprehensive overview of this development and its implications for Graphite One's future, particularly in light of the growing demand for graphite in the electric vehicle market.

Understanding the Grant of RSUs

The grant consists of 583,015 RSUs, which will convert to common shares on the vest date set for April 14, 2026. It represents half of the overall RSU grant allocated for 2025. This decision reflects the company’s commitment to aligning the interests of its directors with the long-term growth and success of Graphite One. Following this issuance, the total number of common shares issued stands at 146,269,376, with additional RSUs and performance share units also issued under the Omnibus Plan.

In a world where sustainability and local sourcing of materials are becoming increasingly important, the significance of this grant cannot be understated. The RSUs serve as a valuable tool to attract and retain top talent, incentivizing directors to contribute to the company's ambitious goals.

Future Plans for RSUs and Company Growth

The remaining RSUs total 583,014 and are expected to be issued in July 2025, contingent upon securing necessary approvals during the upcoming 2025 Annual General and Special Meeting of Shareholders on June 27, 2025. This step underlines the strategic foresight of Graphite One as it seeks to advance its mission of creating a robust and sustainable graphite supply chain within the U.S.

Graphite One's Supply Chain Strategy

Currently, the U.S. is entirely dependent on imports for both natural and synthetic graphite. Graphite One aims to address this issue by developing an entire U.S.-based advanced graphite supply chain anchored by the Graphite Creek deposit. Recognized as the largest graphite deposit in the U.S. by the U.S. Geological Survey, it also ranks among the largest globally. The company's development strategy includes establishing an advanced manufacturing facility in Warren, Ohio, specializing in synthetic graphite materials and battery anode production.

Additionally, Graphite One plans to integrate a recycling facility at the Ohio site to reclaim graphite and other battery materials. This initiative forms part of its commitment to a non-linear circular economy, recognizing the environmental and economic benefits of recycling and sustainability.

About Graphite One Inc.

Graphite One Inc. is focused on becoming a leading U.S. producer of high-grade anode materials through vertical integration. Its Graphite One Project aims to mine and process graphite resources from the Graphite Creek Property located near Nome, Alaska. The project is proposed to not only mine graphite but also convert it into high-value materials primarily aimed at the lithium-ion electric vehicle battery market.

According to the company's 2022 Pre-Feasibility Study, mined graphite will be processed on-site, and the manufacturing facility in northeastern Ohio will produce both natural and artificial graphite anode materials as well as other associated products.

As Graphite One continues to progress through its feasibility studies and project development phases, it is poised to contribute significantly to domestic graphite supply and the electric vehicle industry while creating local jobs and advancing sustainable practices.

For the latest updates on Graphite One Inc., visit their official website or check them out on Twitter @GraphiteOne.