10:38 AM EDT, 10/06/2025 (MT Newswires) -- Graphite One ( GPHOF ) 's shares jumped 14.5% at last look Monday on the TSX Venture Exchange after the company closed a US$5 million investment from Alaska Native corporations Doyon Limited and Aleut.

The investment was made through a non-brokered private placement of 8,514,024 units priced at $0.82 apiece.

Each unit consists of one share and one warrant. Each warrant can be exercised at $1.03 per share for three years.

Graphite One ( GPHOF ) plans to use the proceeds to conduct environmental studies and other permitting-related activities on the Graphite Creek property in Alaska, and for general corporate purposes.

The company previously received an investment from Bering Straits Native, another Alaska Native company, in 2023.

"We are pleased and honored to be the first critical mineral project to have direct investment from three Alaska Native Regional Corporations" Graphite One ( GPHOF ) president and chief executive officer Anthony Huston said.

"We greatly appreciate the trust placed in us through these partnerships, together with your support, seek to make Graphite Creek a model of responsible development that brings long-term benefits to your communities and the State of Alaska."

Price: 1.14, Change: +0.12, Percent Change: +11.76