Graphano arranges $375,000 private placement

Executive Summary

• Graphano Energy Ltd. announced a non-brokered private placement to raise up to $375,000 through the issuance of up to 2.5 million units.
• Each unit consists of one common share and one common share purchase warrant, with an exercise price of 25 cents per share valid for 36 months.
• Proceeds will be used for an airborne geophysical survey on the Black Pearl project, follow-up work, bulk sample permit filings for Lac Aux Bouleaux and Standard projects, and general working capital.

Key Details

• Transaction Structure: Non-brokered private placement consisting of up to 2.5 million units.
• Issue Price: 15 cents per unit.
• Gross Proceeds: Up to $375,000.
• Unit Composition: Each unit includes one common share and one common share purchase warrant.
• Warrant Terms: Each warrant entitles the holder to acquire one additional common share at an exercise price of 25 cents.
• Warrant Duration: 36 months from the date of issuance.
• Closing Date: Anticipated on or about Dec. 10, 2025, subject to conditions including regulatory approvals and TSX Venture Exchange acceptance.
• Use of Proceeds:
  • Finance an airborne geophysical survey on the Black Pearl project.
  • Conduct additional airborne follow-up work.
  • Proceed with bulk sample permit filing on the Lac Aux Bouleaux and Standard projects.
  • General working capital purposes.
• Finders' Fees: The company may pay cash finders' fees of up to 6.0% of the aggregate gross proceeds.
• Regulatory Exemption: Offered under the listed issuer financing exemption under Part 5A of National Instrument 45-106 in Canadian provinces (except Quebec and New Brunswick) and other qualifying jurisdictions.
• Hold Period: Securities are not subject to a hold period under applicable Canadian securities laws.
• Offering Document: Dated Nov. 10, 2025, available on SEDAR+ and the company website.