New Risk • Apr 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (46% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.09m market cap, or US$1.53m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Announcement • Apr 11
Global Li-Ion Graphite Corp. announced that it expects to receive CAD 0.25 million in funding Global Li-Ion Graphite Corp announced a non-brokered private placement to issue 10,000,000 units at an issue price of CAD 0.025 for the proceeds of CAD 250,000 on April 10, 2026. Each Unit will consist of one (1) common share in the capital of the Company (a “Share”) and one (1) common share purchase warrant (a “Warrant”). Each Warrant will be exercisable into one (1) Share for two years from the date of issuance (the “Exercise Period”) at an exercise price CAD 0.10 per Share for the first year of the Exercise Period and at an exercise price of CAD 0.20 for the second year of the Exercise Period. All securities to be issued pursuant to the Offering will be subject to a statutory four-month and one day hold period. Finder’s fees may be payable in connection with the Offering, all in accordance with the policies of the Canadian Securities Exchange Announcement • Feb 21
Global Li-Ion Graphite Corp. Highlights Premium Graphite Project Positioned for Critical Mineral Supply Crunch Global Li-Ion Graphite Corp. provided an update on its 100%-owned Ambato-Arana Graphite Project in Madagascar - a historically producing, infrastructure-accessible asset containing premium large-flake graphite at a time when graphite has been designated a critical mineral by major economies including the United States and Canada. In January 2026, Madagascar's Minister of Mines, Carl Andriamparany, announced the immediate lifting of a 16-year moratorium on new mining permits in a move aimed at accelerating economic growth and attracting international investment into the country's resource sector. The policy change specifically reopens permitting for strategic industrial minerals including nickel, cobalt, graphite, and ilmenite, while restrictions remain in place for gold due to ongoing regulatory challenges. For graphite developers, the reopening signals renewed government support for projects tied to battery supply chains, advanced manufacturing, and export-driven economic development. Against this backdrop, Ambato-Arana represents a rare combination of historic production, high-purity material, and a defined pathway toward renewed operations. Independent analysis by SGS Canada on concentrate samples from historical production confirmed strong material quality: 96% carbon purity. 76% large flake graphite (65 mesh); 51.5% jumbo flake (48 mesh); 7.7% super jumbo flake (30 mesh) Coarse grain size with minimal fines and strong competency With Ambato-Arana already holding long-term renewable mining licenses and a history of production, Global Li-Ion's project is positioned within a jurisdiction now actively encouraging the development of strategic battery materials. Graphite is the dominant and largely irreplaceable anode material used in lithium-ion batteries powering electric vehicles, grid storage, defense technologies, and advanced electronics. With global supply heavily concentrated geographically and demand rising rapidly, secure graphite sources are increasingly viewed as strategically essential to the energy transition and national supply-chain security. Historic small-scale surface mining operations produced approximately 18,000 tonnes of graphite oxide between 1998 and 2008 using low-cost free-digging and open-pit methods without blasting. Recorded grades ranged from 7.5% to 15% graphite. A draft technical report prepared by Wardell Armstrong for the Company indicates: Average run-of-mine grade of 12% graphite. First-stage onsite flotation producing a 73% concentrate. Historic flake distribution shows: More than 88% large/jumbo flakes (80 mesh) More than 43% jumbo/super-jumbo flakes (40 mesh) These characteristics compare favourably with nearby producing operations. The licenses include: Four historic mining zones at Tsaravoniany (Central, East, South, North) - deposits only partially mined; Five additional prospective zones identified by the Company that remain unmined Graphite mineralization occurs within north-south trending belts in the Manampotsy Formation, featuring continuous shallow-dipping friable graphite-rich layers extending several kilometres - a geometry supportive of surface mining. Road access to the mining areas is reported to be in good condition requiring only minor upgrades. Global Li-Ion plans to restart and scale production using modern methods: Initial target 5,000 tonnes per year. Expansion target 15,000 tonnes per year. expansion target 15,000 tonnes peryear. Positioned for the Global Graphite Supply Race. With graphite now formally recognized as a critical mineral central to EV batteries, renewable energy systems, advanced manufacturing, and defense applications, high-quality natural graphite deposits with demonstrated production history and accessible infrastructure are increasingly strategic. The combination of: High-purity large-flake graphite. Historically demonstrated low-cost mining. Ex-purity large-flake Graphite. Ex-cost mining. Ex-stage onsite flotation produced a 73% concentrate. Board Change • Dec 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Sam Malin was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 05
Global Li-Ion Graphite Corp. (CNSX:LION) entered into a stand-still MOU to acquire The Montepuez Graphite Project in Montepuez. Global Li-Ion Graphite Corp. (CNSX:LION) entered into a stand-still MOU to acquire The Montepuez Graphite Project in Montepuez on February 4, 2025. The Montepuez Graphite Project with a total area of 14,656.05 hectares and is one of six properties in the country to hold a mining license. The project is located near Montepuez, in the province of Cabo Delgado, the second largest city in Mozambique. The parties intend on entering into a definitive sales and purchase agreement by April 15, 2025. New Risk • Jan 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$344k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$344k free cash flow). Share price has been highly volatile over the past 3 months (44% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.62m market cap, or US$2.51m). Announcement • Jan 08
Global Li-Ion Graphite Corp. Announces Appointment of Scott Young to the Board of Directors Global Li-Ion Graphite Corp. announced the appointment of Scott Young to the board of Directors of the Company, effective immediately. Mr. Young was an investment advisor holding both his Canadian and U.S. securities licenses up until 2000. He has worked as a corporate governance and communications consultant since 2000 in the technology, mining, and pharmaceutical industries, with clients trading on both Canadian and American stock exchanges. He was the Managing Director of Sonoma Resources Inc., which completed a reverse takeover of Element Lifestyle Retirement Inc. Over the last eight years, he has been providing consulting services and has held directorships with issuers listed on the TSX Venture Exchange and Canadian Securities Exchange most recently with Interra Copper Corp. and Teako Minerals Corp. Announcement • Oct 16
Global Li-Ion Graphite Corp. announced that it has received CAD 0.2225 million in funding On October 15, 2024, Global Li-Ion Graphite Corp closed the transaction. The company issued 8,900,000 units at a price of CAD 0.025 per Unit for aggregate proceeds of up to CAD 222,500. New Risk • May 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$332k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$332k free cash flow). Share price has been highly volatile over the past 3 months (43% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.63m market cap, or US$1.19m). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Announcement • Jan 12
Global Li-Ion Graphite Corp. announced that it has received CAD 0.295 million in funding On January 11, 2024, Global Li-Ion Graphite Corp. closed the transaction. The company issued 11,800,000 units at an issue price of CAD 0.025 per unit for the gross proceeds of CAD 295,000. Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant will be exercisable into one share for two years from issuance at a price of CAD 0.1 per share in the first year of the exercise period and at a price of CAD 0.2 per share in the second year of the exercise period. The Company did not pay finder's fees in connection with the Offering. A director of the Company acquired 1,000,000 Units in the Offering. Announcement • Dec 29
Global Li-Ion Graphite Corp. announced that it expects to receive CAD 0.295 million in funding Global Li-Ion Graphite Corp announced a non-brokered private placement of 11,800,000 units at a price of CAD 0.025 per unit for gross proceeds of CAD 295,000 on December 28, 2023. Each unit will consist of one common share of the company and one transferable common share purchase warrant. Each warrant will be exercisable into one share for two years from issuance at a price of 0.1 per share in the first year of the exercise period and at a price of 0.2 per share in the second year of the exercise period. The closing of the offering is subject to certain conditions including, but not limited to, receipt of all necessary regulatory approvals. The company may pay finders' fees in connection with the offering Announcement • Jan 20
Global Li-Ion Graphite Corp. announced that it has received CAD 0.2827 million in funding Global Li-Ion Graphite Corp. announced a non-brokered private placement of 5,654,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 282,700 on January 18, 2023. The transaction included participation from insiders of the company for 400,000 units. Each unit consists of one common share in the capital of the company and one whole transferable common share purchase warrant. Each whole warrant is exercisable to acquire one share at an exercise price of CAD 0.15 per share until January 18, 2024, which is 12 months from the date of issuance. The company will pay no finder's fees in connection with subscriptions from subscribers introduced to this offering. The securities issued under the offering, and any shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Sam Malin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Sam Malin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Director Sam Malin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jan 30
Global Li-Ion Graphite Corp., Annual General Meeting, Mar 28, 2022 Global Li-Ion Graphite Corp., Annual General Meeting, Mar 28, 2022. Announcement • Feb 16
Global Li-Ion Graphite Provides Updated Plan to Launch Graphite Token Global Li-Ion Graphite Corp. announced that with its partner Swiss EMX the Company will proceed with the launch of its Graphite Token as per the proposed offtake agreement to supply Graphite from the Ambato-Arana graphite project in Madagascar. Under the new partnership LION will honor the original off-take agreement announced Feb. 14th, 2019 and will take a 15% interest in Swiss EMX for an investment of $250,000. Is New 90 Day High Low • Feb 11
New 90-day high: CA$0.23 The company is up 104% from its price of CA$0.12 on 12 November 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. Announcement • Jan 28
Global Li-Ion Graphite Corp. Provides Update on Progress at its Madagascar Ambato-Arana Graphite Project Global Li-Ion Graphite Corp. announced that it continues to progress its Madagascar Ambato-Arana graphite project which is near Moramanga and within the graphitic horizons of the highly prospective Manampotsy Formation. LION’s deposits are associated with topographic highs that are exploited via cost-effective free-dig methods. The Company is currently finalizing its mine development plan which had been slowed, though not stopped, during Covid-19 lockdowns in Madagascar. However, with the ending of the Covid-19 “State of Health Emergency” in Madagascar, the Company is now commencing completion of its final mine development plan, conforming to national regulatory requirements, with the support of ECG Auguste, engaged with regards to environmental and social impact components of the mine development plan, and the company’s technical advisor, Pascal Marchand, M.Sc. P. Geol, with a target by management of moving to recommence graphite production during the course of 2021. The preparation of the mine development plan entails wide-ranging consultation - with community and stakeholder meetings, coordination and liaison with the Office National pour l'Environnement – Madagascar and liaison with local land users. The three 40-year renewable mining exploitation licenses that comprise the Project total 4,375 hectares (10,811 acres) and are in the vicinity of Andasibe in Toamasina Province in Madagascar, 20 km to the southwest of Sheritt’s large-scale nickel/cobalt laterite open pit mine at Ambatovy and 15 km north east of the town of Moramanga from which national highway RN2 connects with capital city Antananarivo (114 km) and Madagascar’s main port of Toamasina (Tamatave) (240 km). Graphite was produced continually on the licenses, at a modest rate constrained by the technology employed on the licenses, for roughly a century from 1910. Production was suspended by the previous owners’ due to non-economic reasons. With the deposits only partially mined and now ready for larger scale exploitation with modern production techniques. The deposits lie within the graphitic horizons of the highly prospective Manampotsy Formation and are associated with topographic highs that are exploited via free digging of lateritic ore and open pit mining, providing lower cost exploitation without need for blasting. The graphite mineralization on the Project appears within well-defined north-south belts with interbedded graphite-rich friable layers. The layers of interest have continuity of several kilometres and exhibit only shallow dip. “An average run of mine (ROM) of 12% Graphite with first stage onsite flotation producing a 73% concentrate.” Both reports indicate the presence of large flake graphite,+80# mesh.(LION PR Sept 13th 2017) consistent with other nearby mines e.g. Gallois (Elate Graphite), Sahamamy & Vatomina (Tirupati Graphite) and DNI Metals’ Vohitsara (DNI Metals). Announcement • Nov 18
Global Li-Ion Graphite Corp. Completes its Due Diligence Site Visit and Initial Field Work Global Li-Ion Graphite Corp. announced that it has completed its due diligence site visit and initial field work. The four-day due diligence program of Global Li-Ion’s MVZ Project in Chihuahua, Mexico was completed on October 20. Work confirmed the presence of high-grade sulfide mineralization in historic mines and exact location of Claim Monuments to ensure they comply with Mexican mining regulations and law. The second objective of the program was to confirm their technical teams interpretation of the properties geology which is, that the mineral system is very large and that further exploration work is highly recommended. The program was conducted under the direct supervision of QP William Feyerabend CPG. Finally Analyses of 42 field samples taken of the mineralization and altered rock are expected in about three weeks. In addition, a suite of field samples representative rocks, were collected to help advance their understanding of the host rocks to the mineralizing system on the property and the various styles and intensities of alternation. This work will assist in designing the next stages of exploration and specifically geophysical surveying to define drill targets. Announcement • Oct 14
Global Li-Ion Graphite Corp. Provides MVZ Silver Mine Project Update Chihauhau State Mexico Global Li-Ion Graphite Corp. reported that it has completed plans and arranged for a field due diligence and initial ground exploration program of the MVZ Silver Mine Property in Chihuahua state, Mexico. The Property is the subject of a recent letter agreement with Grupo Minero Diflor S.A. de C.V., a private Mexican Company, to acquire a 100% interest. The 1750-hectare Property hosts 3 past producing silver-gold deposits, El Moro, La Virginia and La Zorra (MVZ Property). The Property is situated within Grupo Minero Diflor’s Pajarito Project which covers a 10 X 25 km, fault-bounded exposure of older sediments and intrusives surrounded by voluminous younger post-mineral rhyolites. The Pajarito Project covers a large mineral system with widespread epithermal mineralization and multiple examples of porphyry-style potassic and propylitic alteration. The older rocks are broadly altered and host artisanal mines. In the silver dominant MVZ triangle, breccia and intense shear-hosted sulfide mineralization has silver values up to +1,000 grams per tonne silver, multiple percentages of lead and zinc with gold credits. The field examination will include confirming the location of the claim monuments (mojaneras), sampling of the historic mines to confirm visually and with assays the presence of significant sulfide mineralization documented in prior historical work. In addition, the field crew will undertake reconnaissance traverses to establish both the size and scale of the mineral system and the local geologic framework which will assist with the geophysical interpretation. All field work will be done under the direct supervision of William Feyerabend CPG, the Company’s QP for the Project. The MVZ Silver Mine Property: The Property is located in the south west of Mexico’s Chihuahua State within the prolific Sierra Madre Gold-Silver Belt, host to numerous multi-million-ounce gold-silver deposits. The Sierra Madre Belt is prolific country for silver-gold explorers. In this portion of the Belt are the following past and present producers. The MVZ Silver Mine Property is located 60km south of the Gold Corp’s past producing 1.75M ounce El Suazal Gold Mine, is located 85 KM north of McEwen Mining Inc., Fenix Project (El Gallo) which reports a measured and indicated resource of 32.3 M oz of Silver and is 100 km northwest of historic Guadalaupe y Calvo mine which produced 2 M oz gold and 35 M oz silver. The property is road accessible to the Pacific port of Los Mochis located 125km to the west and which has air, rail and Interstate service. Its location within the North American trading region and proximity to the west coast of Mexico with its deep-water ports for shipping, electrical power and transportation infrastructure are also important considerations for acquisition of the Property. Mexico is one of the most attractive destinations for mineral exploration and mining finance and has a long history as a major producer of silver. The outlook for both Silver remains incredibly positive. and Silver is of particular interest given its historic demand as a store of value and as a significant material in the manufacture of many Green technologies. Announcement • Sep 23
Global Li-Ion Graphite Corp. entered into letter agreement to acquire MVZ Silver-Gold Mine Property in Chihuahua Mexico of Grupo Minero Diflor S.A. de C.V. Global Li-Ion Graphite Corp. entered into letter agreement to acquire MVZ Silver-Gold Mine Property in Chihuahua Mexico of Grupo Minero Diflor S.A. de C.V. on September 22, 2020. Announcement • Sep 08
Global Li-Ion Graphite Corp. announced that it has received CAD 0.540041 million in funding On September 3, 2020, Global Li-Ion Graphite Corp. (CNSX:LION) closed the transaction. The company issued an aggregate of 9,000,684 units for gross proceeds of CAD 540,041. Each whole warrant is exercisable to acquire one Share at an exercise price of CAD 0.10 per share until September 3, 2022 which is 24 months from the date of issuance. The transaction included participation from Insiders of the company for 383,334 units. The company will pay no finder's fees in connection with subscriptions from subscribers introduced to this transaction. Announcement • Aug 28
Global Li-Ion Graphite Corp. announced that it expects to receive CAD 0.54 million in funding Global Li-Ion Graphite Corp. (CNSX:LION) announced a non-brokered private placement of up to 9,000,000 units at a price of CAD 0.06 per unit for gross proceeds of CAD 540,000 on August 26, 2020. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one common share at CAD 0.10 per common share for the first year and CAD 0.15 for the second year from the date of issuance. The transaction is expected to close during the week of September 1, 2020. The company may pay finders fees pursuant to the transaction. All securities will be subject to a hold period of four months and one day.