Ms. Luisa Moreno reports

GRAPHANO CLOSES PRIVATE PLACEMENT

Graphano Energy Ltd. has closed its non-brokered private placement financing originally announced on Nov. 12, 2025.

Pursuant to the private placement, the company issued 2.5 million units at a price of 15 cents per unit, for aggregate gross proceeds of $375,000. Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at a price of 25 cents for a period of 36 months from the date of issuance.

The units were offered pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions (the Listed Issuer Financing Exemption)) in each of the provinces of Canada, except Quebec and New Brunswick, and in other qualifying jurisdictions.

The net proceeds of the private placement will be used: (i) to finance an airborne geophysical survey and additional follow-up work on its Black Pearl project; (ii) to proceed with bulk sample permit filing on the company's Lac Aux Bouleaux and Standard projects; and (iii) for general working capital purposes.

The securities issued under the listed issuer financing exemption are immediately freely tradable under applicable Canadian securities legislation. The private placement is subject to the final approval of the TSX Venture Exchange.

In connection with the private placement, the company paid aggregate cash finders' fees of $22,500 to an arm's-length finder, representing 6 per cent of the gross proceeds from the sale of units placed by the finder, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

About Graphano Energy Ltd.

Graphano Energy Ltd. 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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