Next Graphite, Inc. (OTCPK:GPNE) announced that it has entered into subscription agreement of 100,000 common shares at $1 per share for gross proceeds of $100,000 with an accredited investor on November 20, 2014. The company issued the securities pursuant to exemption provided under Regulation D.

On November 20, 2014, Next Graphite, Inc. closed the transaction.