Graphite One Resources (TSE:GPH) has released an update.
Graphite One Resources has granted 900,000 stock options to key directors and officers, with a new exercise price of $0.85, replacing expired options and vesting over three years. The company is advancing its Graphite One Project, aiming to establish a complete U.S.-based graphite supply chain for electric vehicle batteries, including a processing plant in Alaska and a manufacturing facility in Ohio. The strategic plan includes mining, processing, and manufacturing high-grade anode materials, with a production decision pending the outcome of a feasibility study.
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