Focus Graphite Iannounced that is has reach an agreement with JJJY Holdings Inc. to settle an aggregate of $865,000 in debt owed by the Company to the Creditor in respect of an unsecured loan made to the Company on $2,300,000. The Debt has no maturity date and bears no interest. Article III.The Creditor has agreed to convert its indebtedness into common shares of the Company at a price of $0.075 per Common Share, subject [...]
Focus Graphite Inc. announced today the closing of the first tranche of the previously announced non-brokered private placement for gross proceeds of $400,000. The Company issued 5,333,336 units at a price of $0.075 per Unit. Each Unit consists of one common share in the capital of the Company and one non-transferable common share purchase warrant of the Company. Each whole Warrant will entitle the holder thereof to [...]
Focus Graphite Inc. announced today it is increasing the maximum offering of its private placement previously announced on September 30, 2024 and October 2, 2024. The Offering will be increased from $500,000 to $525,000 and the issuance of an additional 333,334 Units at a price of $0.075 per Unit for a total of 7,000,000 Units. A finder's fee of up to 7% cash and 7% finder's warrants, exercisable on the same terms of the [...]
Focus Graphite Inc. announced today it is increasing the maximum offering of its private placement previously announced on September 30, 2024 . The Offering will be increased from $300,000 to $500,000 and the issuance of an additional 2,666,666 Units at a price of $0.075 per Unit for a total of 6,666,666 Units. A finder's fee of up to 7% cash and 7% finder's warrants, exercisable on the same terms of the Warrants offered [...]
Focus Graphite Inc. announced today that it has arranged a non-brokered private placement of up to 4,000,000 units of the Company at a price of $0.075 per Unit for aggregate gross proceeds to the Company of up to $300,000 . Each Unit will consist of one common share in the capital of the Company and one non-transferable common share purchase warrant of the Company. Each whole Warrant will entitle the holder thereof to [...]
The Company will host an update for shareholders on September 19 Focus Graphite Inc. is pleased to announce that Mr. Dean Hanisch will join the Company as a Special Advisor and Business Development Consultant, effective September 3, 2024. Mr. Hanisch will work on advancing Focus Graphite's assets through strategic business development initiatives and fostering collaborations with industry and government partners. Dean [...]
All seven deep definition holes drilled along strike of MOGC deposit intersected significant graphitic mineralization Focus Graphite Inc. announces that additional results from the 2022 exploration and definition drill program at its Manicouagan-Ouest Graphitic Corridor flake graphite deposit returned significant graphitic mineralization, demonstrated excellent continuity at depth, and showed potential for expansion [...]
Flagship Lac Knife project could become key source of high-purity large flake graphite for North American electric vehicle batteries Two recent moves by the Biden administration have energized the continuing race to develop a stable supply of graphite outside of China, while Focus Graphite Inc. remains poised to meet demand. On May 14, the U.S. government announced that a 25% tariff will be applied to Chinese natural [...]
Focus Graphite Inc. is pleased to announce it has closed a non-brokered private placement for total gross proceeds of $450,001.50. As part of the Offering, the Company issued 2,352,950 common shares on a flow-through basis at a price of $0.17 per Flow-Through Share and 312,500 units at a price of $0.16 per Unit to accredited investors. Each Unit is comprised of one common share and one common share purchase warrant . Each [...]
Interest in the emerging Southwest Manicouagan Reservoir graphitic district of Québec builds upon Focus' belief in the potential of its nearby Lac Tétépisca Project Focus Graphite Inc. wishes to commend Nouveau Monde Graphite Inc. on entering into an asset purchase agreement with Mason Resources Inc. for the acquisition of Mason's Uatnan property and graphite deposit . The Uatnan property is located 5 kilometres to the [...]
Focus Graphite Inc. is pleased to announce it has closed a non-brokered private placement for total gross proceeds of $350,200. As part of the Offering, the Company issued 1,580,000 common shares on a flow-through basis at a price of $0.19 per Flow-Through Share and 294,118 units at a price of $0.17 per Unit to accredited investors. Each Unit is comprised of one common share and one common share purchase warrant . Each [...]
IPRP Examiner finds all claims to be novel and inventive, marking a major milestone in the patent process Focus Graphite Inc. ; ; is pleased to announce that it has received a final copy of the International Preliminary Report on Patentability for its patent application for Advanced Anode Material Comprising Spheroidal Silicon Enhanced Graphite Particles, which includes a determination that all claims are novel and [...]