Focus Graphite Inc. is pleased to announce that the TSX Venture Exchange has approved a share consolidation of the outstanding capital of the Company of the Company's common shares on the basis of ten pre-Consolidation common shares for one post-Consolidation common share. The Consolidation will be effective at the open of the market on June 17, 2022 . The Company will not change its name as part of the Consolidation but [...]
Focus Graphite Inc. announced today that at the upcoming annual and special shareholder meeting of May 19, 2022, the shareholders will be asked to consider, and if deemed appropriate, pass a special resolution approving an amendment to the Company's articles to consolidate the issued and outstanding common shares of the Company on the basis of one post-consolidation common share for every ten pre-consolidation common [...]
Focus Graphite Inc. is pleased to report the filing on SEDAR of a technical report supporting the initial Mineral Resource Estimate originally announced on February 17, 2022, for its MOGC graphite deposit at its 100%-owned Lac Tétépisca Project, located southwest of the Manicouagan Reservoir in the Côte-Nord administrative region of Québec, on the Nitassinan of the Pessamit Innu. The Technical Report entitled "NI 43-101 [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com NEW YORK, March 23, 2022 /CNW/ - Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Quebec Virtual Investor Conference on March 30th and 31st. This virtual event will showcase live company presentations and interactive discussions focused on disruptive [...]
The new drilling program is designed to explore for satellite deposits within a radius of five km of the Company's recently announced MOGC natural flake graphite deposit. Focus Graphite Inc. is pleased to report the start of a first phase of 3,000 m of exploration drilling at its 100%-owned Lac Tétépisca graphite project, located southwest of the Manicouagan Reservoir in the Côte-Nord administrative region of Québec on [...]
Results include Indicated Mineral Resources of 59.3 Million Tonnes grading 10.61% graphitic carbon , equivalent to 6.3 Mt of in-situ graphite, and suggest the deposit has the potential to become one of the largest sources of high-quality flake graphite in North America Focus Graphite Inc. is pleased to report its maiden mineral resource estimate for its 100%-owned Lac Tétépisca graphite project located southwest of the [...]
Focus Graphite Inc. announced today it has closed a third tranche under the previously announced equity financing facility with Alumina Partners Ltd. , an affiliate of New York-based private equity firm Alumina Partners, LLC. In the third tranche under the Equity Financing Facility, the Company completed a private placement for gross proceeds of $200,000 from Alumina, with Alumina receiving 3,555,555 units of the Company [...]
Focus Graphite Inc. announced today it has closed a second tranche under the previously announced equity financing facility with Alumina Partners Ltd. , an affiliate of New York-based private equity firm Alumina Partners, LLC. In the second tranche under the Equity Financing Facility, the Company completed a private placement for gross proceeds of $200,000 from Alumina, with Alumina receiving 3,137,254 units of the [...]
Focus Graphite Inc. announces the closing of its previously announced non-brokered Flow-Through private placement for gross proceeds of $5,200,000. The Company has issued 57,777,780 flow-through common shares at a price of $0.09 per Flow-Through Share. In connection with the closing of the Offering, the Company paid cash finder's fees totaling $357,000 and issued 3,966,666 non-transferable finder's warrants . Each Finders [...]
Focus Graphite Inc. announces that, further to its news release of December 14, 2021, it has increased the previously announced financing from $4,000,000 to $5,200,000 and will issue up to 57,777,778 Common Shares of the Company issued on a flow-through basis at a price of $0.09 per FT Share . The Offering is expected to close in tranches, with the first trancheto close as soon as possible subject to certain conditions [...]
Focus Graphite Inc. announced today that it has arranged a non-brokered private placement of up to 44,444,444 Common Shares of the Company issued on a flow-through basis at a price of $0.09 per FT Share . The net proceeds of the Offering will be used to fund the Company's exploration and drilling program. The Offering is expected to close in tranches, with the first trancheto close as soon as possible subject to certain [...]
Focus Graphite Inc. announced today the grant of incentive stock options as compensation to its directors, officers, employees, and consultants. Options to purchase up to 38,550,000 Common Shares of the Company have been granted at an exercise price of $0.05 per share. The options expire on 2 November 2026. About Focus Graphite Inc. Focus Graphite Inc. is an exploration and development company that seeks to produce flake [...]