Graphite One Resources Inc. announced that W. Alan Ahlgren has been appointed Chief Financial Officer and Corporate Secretary effective December 12, 2014. Mr. Ahlgren will replace Dale Hansen, who resigned effective December 12, 2014. Mr. Ahlgren will be based in the Company's office in Vancouver and the Calgary office will be closed.

Mr. Ahlgren is a Chartered Professional Accountant, Chartered Accountant and has extensive experience having served as CFO and Corporate Secretary with AQM Copper Inc. Mr. Ahlgren has been assisting in the restructuring of a company with operations in Argentina and with a mining company in transition following a purchase of a mine in the United States.