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Graphite One Announces Closing of Early Warrant Exercise Incentive Program

April 2, 2024 – Vancouver, British Columbia – Graphite One Inc. (TSX-V: GPH; OTCQX: GPHOF) (“Graphite One” or the “Company”) is pleased to announce that further to its press releases dated February 13, 2024 and February 20, 2024, the Company has closed its early warrant exercise incentive program (the “Warrant Incentive Program”) receiving aggregate gross proceeds of Cdn$5,130,873 from the exercise of 5,130,873 outstanding common share purchase warrants (the “Warrants”), which included Taiga’s exercise of 2,258,957 Warrants.