April 4 (Reuters) - Graphite One Inc GPH.V :
* GRAPHITE ONE ANNOUNCES FINANCING
* INTENDS TO COMPLETE A NON-BROKERED PRIVATE PLACEMENT OFFERING ( "OFFERING") TO RAISE GROSS PROCEEDS OF UP TO CA$2,000,000
* CORPORATION PLANS TO ISSUE UP TO 6.67 MILLION UNITS ( "UNITS") AT A PRICE OF CA$0.30 PER UNIT
* NET PROCEEDS OF OFFERING WILL BE USED FOR EXPLORATION AND DEVELOPMENT OF COMPANY'S GRAPHITE CREEK PROJECT