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Graphite One Confirms that Significant Graphite Grade Continues 4 Kilometers from PFS Pit Boundary

February 7, 2023 – Vancouver, British Columbia –Graphite One Inc. (GPH: TSX‐V; GPHOF: OTCQX) (“Graphite One”, “G1” or the “Company”), planning a complete domestic U.S. supply chain for advanced graphite materials, is pleased to announce drill results from its 2022 Field Program at its Graphite Creek Property (“Graphite Creek” or the “Property”), located in the Kigluaik Mountains on the Seward Peninsula approximately 60 kilometers (37 miles) north of Nome, Alaska.