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 [...]
Focus Graphite Inc. , an advanced exploration company focused on the production of graphite concentrate is pleased to provide the following update regarding its Fixed Stock Option Plan. At the shareholders meeting held May 21, 2021, disinterested shareholders of the Company approved an amended fixed 20% incentive stock option plan to replace the previous fixed stock option plan. Pursuant to the Amended Plan, the number of [...]
As development progresses on its Lac Knife and Lac Tétépisca projects, www.focusgraphite.com offers stakeholders a central source of information, complemented by an enhanced social media presence Focus Graphite Inc. is pleased to announce that its newly revamped website, www.focusgraphite.com, is now live and offers up-to-date information in both English and French about the company, its mission, and the key flake [...]
The new TSF will be designed to optimize the physical and geochemical stability of the tailings pile and meet global standards and best practices for environmental safety and water quality Focus Graphite Inc. is pleased to announce that it has retained the services of NewFields Canada Mining & Environment ULC , a Saskatoon-based environmental, engineering and construction firm, to design the tailings storage facility and [...]
The partnership's goal is to facilitate a consensus around the conditions for social acceptability of the Lac Knife project for all stakeholders Focus Graphite Inc. is pleased to announce its collaboration with consulting firm MU Conseils from Baie Comeau, Québec, as part of the relaunch of its Lac Knife graphite project located on the Southwestern edge of the Labrador Trough, next to the towns of Fermont and Wabush on [...]
Focus Graphite Inc. announced today it has completed due diligence with Alumina Partners Ltd. , an affiliate of New York-based private equity firm Alumina Partners, LLC, and closed a first tranche of private placement investment pursuant thereto. Alumina is prepared to invest up to CAD$12 million in the company over a 24-month period for working capital and general corporate purposes, including to advance both of the [...]
Focus' two graphite-rich Québec properties, Lac Tétépisca and Lac Knife, continue to yield results that suggest they offer significant sources of high grade, high-quality flake graphite to supply North America's electric battery and green energy industries Focus Graphite Inc. is pleased to announce encouraging results from its 2019-2020 infill core drilling program at its wholly owned Lac Tétépisca Graphite Project [...]
Focus Graphite Inc. announced today it has closed its previously announced non-brokered private placement for total aggregate gross proceeds of $2,000,000. The closing of the Offering occurred in a final tranche of $177,200 . As part of the Final Tranche, the Company issued 1,476,666 flow-through shares at a price of $0.12 per FT Share. In connection with the closing of the first tranche of the Offering, the Company paid [...]
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