#NorthernVentureGroupInc.

[thxnews]

Graphite One Inc. Unveils Bold U.S. Supply Chain Plan

  Marketing Services Agreement to Elevate Graphite One's Profile

In a strategic move aimed at raising its profile among investors, Vancouver's Graphite One Inc. has partnered with Northern Venture Group Inc. to provide enhanced marketing services. The agreement, set to take effect on August 1, 2023, will focus on boosting visibility within the institutional and retail investment community.   Northern Venture Group's Services Under the terms of the Agreement, Northern Venture will provide a range of services. These services include research and sector reports, video creation, and digital marketing initiatives. In exchange for these comprehensive services, the company will receive a fixed monthly fee of CA$ 5,000 over a 12-month period. Additionally, there is flexibility for continuation on a month-to-month basis after the initial period. This continuation is subject to either party giving one month's notice.  

Termination of Previous Marketing Services Agreements

The company also disclosed the termination of its marketing services agreements with TD Media dba Lifewater Media and Outside the Box Capital. These terminations initially announced on April 3, 2023, and March 13, 2023, respectively, are effective immediately.  

Ambitious Supply Chain Strategy

Graphite One's ambitious vision revolves around establishing a comprehensive U.S.-based supply chain for advanced graphite materials. Currently, the United States is heavily reliant on imports for all its natural graphite needs, but Graphite One intends to change that with its innovative approach.   Anchored by Graphite Creek Resource Central to their plan is the Graphite Creek resource, which will serve as the foundation for the entire supply chain. The company plans to locate the manufacturing plant for advanced graphite material and battery anodes in Washington State as part of its proposed Graphite One Project. The facility's integration with the development of the Graphite Creek Property is also planned.   A Circular Economy Strategy In a bid to further bolster sustainability and environmental responsibility, Graphite One's strategic blueprint includes the addition of a recycling facility. This facility will be designed to reclaim graphite and other battery materials, with plans to co-locate it at the Washington State site. By integrating recycling, the company aims to establish a circular economy strategy, reducing waste and ensuring a more sustainable approach to battery production.  

About Graphite One Inc.

Graphite One Inc. is actively working on its Graphite One Project, which aims to become a leading American producer of high-grade anode materials. The project aims to be a vertically integrated enterprise that mines, processes, and manufactures anode materials, primarily for the lithium-ion electric vehicle battery market.   Strategic Locations The Graphite Creek Property, situated on Alaska's Seward Peninsula, approximately 35 miles north of Nome, will serve as the mining and processing site for graphite mineralization. An adjacent processing plant will concentrate the mined material. The company plans to manufacture natural and artificial graphite anode materials, along with other value-added graphite products, at an advanced graphite materials manufacturing facility to be located in Washington State.   Future Prospects The project is currently undergoing a Feasibility Study, and the company intends to make a production decision once the study is complete. Graphite One Inc. positions itself as a key player in the domestic graphite market and contributes to advancing green energy solutions with its comprehensive U.S. supply chain strategy and commitment to sustainability.   Sources: THX News & Graphite One Inc. Read the full article