HydroGraph Closes $20 Million Brokered Private Placement

Led by

Alexander Lalka

Partner

Toronto

Ian Polisuk

Associate

Toronto

Team Members

• Calvin Wang
• Dwight D. Dee, TEP
• Karen Durell
• Anca Nitu

On November 4, 2025, HydroGraph Clean Power Inc. (CSE: HG; OTCQB: HGRAF), a leading producer of ultra-pure graphene, announced that it completed its previously disclosed brokered private placement for gross proceeds of $20 million (the “LIFE Offering”). The Company sold 6,896,560 units (the “Units”) at a price of C$2.90 per Unit pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption.

The LIFE Offering was conducted on a best-efforts, fully marketed basis by Canaccord Genuity Corp., acting as agent and sole bookrunner.

HydroGraph produces pristine graphene through its patented explosion synthesis process, delivering superior purity, energy efficiency, and batch-to-batch consistency.

Miller Thomson advised HydroGraph with a team led by Alexander Lalka and Ian Polisuk (Capital Markets/Securities) and comprised of Calvin Wang, Dwight Dee (Capital Markets/Securities), Karen Durell (IP/IT), Anca Nitu (Paraprofessional) and Radhapriya Chawla (Student).