Ms. Luisa Moreno reports

GRAPHANO ENERGY COMPLETES GROUND GEOPHYSICS, IDENTIFIES THREE NEW GRAPHITE OCCURRENCES AT BLACK JACK AND MOBILIZES FIELD CREW

Graphano Energy Ltd. has completed the ground geophysical phase of its exploration program at the Black Jack graphite discovery, located approximately one kilometre northwest of the company's Black Pearl graphite discovery in Quebec. During the field program, three new graphite occurrences (Black 3, Black 4 and Black 5) were identified between the Black Jack and Black Pearl graphite discoveries. Compilation of results to date supports a four-kilometre-long conductive trend hosting multiple graphite occurrences.

A field crew led by St. Pierre Exploration will be mobilized back to the project to carry out stripping, mapping and channel sampling of the new graphite zones within the next two weeks.

Black Jack was identified during the company's spring 2026 prospecting program. As previously reported on June 4, 2026, 28 grab samples collected from the exposed graphite-bearing horizon at Black Jack returned graphitic carbon values ranging from 12.0 per cent Cg (graphitic carbon) to 26.5 per cent Cg, with an average grade of 19.8 per cent Cg. Grab samples are selective by nature and are not necessarily representative of the average grade of the mineralized zone. Along the same trend, shallow drilling at the Black Pearl in 2025, conducted to follow up surface channel sampling of 14 metres grading 15.1 per cent Cg, confirmed extensive near-surface graphite mineralization in several conductive zones. Significant drill intersections included 12.25 metres grading 4.81 per cent Cg and 8.61 metres grading 11.33 per cent Cg. For full details, see Graphano's news release dated Oct. 14, 2025.

Luisa Moreno, chief executive office of the company, stated: "The ongoing positive results from the Black Pearl-Black Jack area highlight the district-scale potential of this previously unexplored area. The continued discovery of new graphite occurrences in geological units similar to those hosting major graphite deposits in the Lac des Iles region confirms this trend's strong potential. We look forward to receiving the pending channel sample assays from Black Jack and to advancing these new zones in the upcoming field program."

Black Jack exploration update

Assay results are currently still pending for the 98 channel samples submitted for laboratory analysis on Sept. 30, 2026, from the company's prospecting and stripping program at the Black Jack graphite discovery. Stripping defined graphite mineralization over a length of approximately 125 metres with surface widths ranging from four to 24 metres. Further details, along with the assay results, will be released once the data have been received and reviewed.

During October, St. Pierre Exploration completed a total of 9.85 line kilometres of ground electromagnetic (EM) surveys consisting of horizontal-loop electromagnetic (Max-Min II) and very-low-frequency electromagnetic (VLF-EM) surveys to guide further prospecting and to evaluate the extent of the graphite mineralization. During this program, three new surface occurrences of visible graphite mineralization (Black 3, Black 4 and Black 5) were identified between the Black Jack and Black Pearl discoveries. Compilation of results to date supports a four-kilometre-long conductive trend hosting the various graphite occurrences.

Qualified person

The scientific and technical content disclosed in this news release has been reviewed and approved by Roger Dahn, BSc, PGeo, a director of the company and a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Dahn is not independent of the company.

About Graphano Energy Ltd.

Graphano Energy is an exploration and development company focused on evaluating, acquiring and developing energy metals 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 project to meet the demands of the future.

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