Focus Graphite Inc. , a developer of high-purity graphite resources, is pleased to announce that as part of its strategic focus on advanced materials and their capabilities, the Company has shipped multiple drums of ore from its second project called Tétepisca to American Energy Technologies Company in Illinois for downstream processing and analysis. The Tétepisca project, a graphite deposits in Quebec, has recently [...]
This strategic transition positions the Company as a key player in delivering sustainable, high performance materials for the green energy revolution. Focus Graphite Inc. , a Canadian critical minerals resource company, is pleased to announce a corporate update and its strategic transformation into an advanced materials and technology company. Building on more than fifteen years of development, Focus is leveraging its Lac [...]
Focus Graphite Inc. , announced today that it has arranged a non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds to the Company of up to $500,000 . 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 [...]
Focus Graphite Inc. , a developer of high-purity graphite resources, is pleased to announce that as part of its strategic focus on advanced materials and their capabilities, the Company has shipped multiple drums of ore from its second project called Tétepisca to American Energy Technologies Company in Illinois for downstream processing and analysis. The Tétepisca project, a graphite deposits in Quebec, has [...]
Focus Graphite is pleased to announce a corporate update and its strategic transformation into an advanced materials and technology company. Building on more than fifteen years of development, Focus is leveraging its Lac Knife high-grade crystalline flake graphite project, to supply high-purity carbon materials for cutting-edge industrial applications, energy storage, and the electric vehicle revolution. Lac Knife [...]
Focus Graphite announced that further to its October 23, 2024 news release, it has settled an aggregate of $865,000 in debt owed by the Company to JJJY Holdings Inc. in respect of an unsecured loan made to the Company of $2,300,000. The balance of the Debt has no maturity date and bears no interest. In settlement of the Debt, the Company issued 11,533,333 common shares of the Company to the Lender at a deemed price of [...]
Focus Graphite is pleased to announce the appointment of Dean Hanisch as its new President and Chief Executive Officer, effective Jan 6th 2025. This leadership change marks a significant milestone in Focus Graphite's journey as the Company transitions to a new phase of growth and value realization. Dean Hanisch brings a wealth of experience in strategic deal-making and business development, with a proven track record of [...]
Focus Graphite announced today that on November 15, 2024 it completed its previously disclosed non-brokered private placement following the closing of a second tranche. The second tranche raised gross proceeds of $52,500 through the issuance of 700,000 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 [...]
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 [...]