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Graphite One Partners with European Marketing Firm and Equity Trading Advisors
Graphite One Partners with European Marketing Firm and Equity Trading Advisors

Graphite One Partners with European Marketing Firm and Equity Trading Advisors

  • 11-Oct-2024 2:30 AM
  • Journalist: Jacob Kutchner

Graphite One Inc. is focused on establishing a comprehensive domestic supply chain for advanced graphite materials in the U.S. The company announced on October 9, 2024, its latest initiative aimed at enhancing its visibility among European investors. Graphite One has signed an agreement with MIC Market Information & Content Publishing GmbH ("MIC"), a marketing and investor relations firm based in Leverkusen, Germany. This partnership will facilitate marketing and investor relations services tailored to the European institutional and retail investment communities.

Anthony Huston, President and CEO of Graphite One, expressed enthusiasm about the collaboration, stating, "We are excited to partner with MIC to heighten market and brand awareness for Graphite One and to broaden the Company's reach within the European investment community, as we lead up to the anticipated completion of our feasibility study at the end of the fourth quarter 2024."

As part of the agreement, MIC will provide content creation, distribution, and advertising services with a total marketing budget of 250,000 EUR over a six-month period, referred to as the "Service Period." The agreement allows for early cancellation after 60 days, and Graphite One has the option to extend the services on a month-to-month basis after the initial period. MIC has committed to adhering to all relevant securities laws and the policies of the TSX Venture Exchange (TSXV) while offering these services. Notably, there are no performance conditions affecting MIC's compensation, and the firm will not receive shares or options as payment.

Additionally, Graphite One has engaged DS Market Solutions Inc. ("DSMS") to provide equity trading advisory and liquidity services, effective October 10, 2024. DSMS will facilitate the trading of Graphite One's common shares on the TSXV and other exchanges, aiming to stabilize the market and enhance liquidity. Under this engagement, DSMS will receive a monthly fee of CDN$5,000, which can be terminated by either party with a fifteen-day written notice. Similar to MIC, there are no performance conditions impacting compensation, and DSMS will not receive shares or options.

Both MIC and DSMS operate at arm's length from Graphite One and currently hold no shares in the company, nor do they have plans to acquire any. These agreements are subject to TSXV approval and comply with TSXV Policy 3.4 regarding investor relations and market activities.

With the U.S. being entirely reliant on imports for natural graphite, Graphite One is committed to developing a fully U.S.-based advanced graphite supply chain centered on its Graphite Creek resource. This plan includes manufacturing facilities for advanced graphite and battery anode materials, as well as a recycling facility to recover graphite and other battery materials, supporting the company’s circular economy strategy. Graphite One has secured a site in Niles, Ohio, with an option to purchase and is exploring additional locations in Washington State.

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