Ms. Luisa Moreno reports

GRAPHANO ANNOUNCES PRIVATE PLACEMENT

Graphano Energy Ltd. is undertaking a non-brokered private placement financing consisting of up to 2.5 million units of the company at an issue price of 15 cents per unit to raise gross proceeds of up to $375,000. Each unit will consist of one common share of the company and one common share purchase warrant, whereby each warrant will entitle the holder thereof to acquire one additional share at an exercise price of 25 cents for a period of 36 months from the date of issuance.

The closing of the private placement is anticipated to occur on or about Dec. 10, 2025, subject to the satisfaction of certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including acceptance of the TSX Venture Exchange. The company intends to use the proceeds from the private placement to finance an airborne geophysical survey on its Black Pearl project, followed by additional airborne follow-up work, to proceed with bulk sample permit filing on the company's Lac Aux Bouleaux and Standard projects, and for general working capital purposes.

The units will be offered for sale to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions) in each of the provinces of Canada (except Quebec and New Brunswick) and other qualifying jurisdictions. The securities issued and sold pursuant to the listed issuer financing exemption will not be subject to a hold period pursuant to applicable Canadian securities laws.

In connection with the private placement, the company may pay finders' fees in cash of up to 6.0 per cent of the aggregate gross proceeds of the offering.

There is an offering document dated Nov. 10, 2025, related to the private placement that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision.

About Graphano Energy Ltd.

Graphano is an exploration and development company that is focused on evaluating, acquiring and developing energy metal resources from exploration to production.

Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. The company's Lac Aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, the company is developing its projects to meet the demands of the future.

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