Focus Graphite Inc. announces that on February 23, 2023 the Board of Directorsadopted an amended stock option plan which will replace the Company's current option plan. The Amended Option Plan increases the number of shares reserved for issuance pursuant to the exercise of stock options from 11,033,278 to 11,504,920, representing 20% of the issued and outstanding shares of the Corporation as of the date the Amended Option [...]
The excellent results from the first five definition holes drilled at depth along the length of the Manicouagan Ouest Graphitic Corridor deposit further demonstrate the potential for a significant extension of the deposit at depth. Focus Graphite Inc. is pleased to report the results for the first five holes from the Company's 2022 exploration and definition drilling program at its 100%-owned Lac Tétépisca graphite [...]
Focus Graphite Inc. is pleased to announce it has closed its previously announced non-brokered private placement for total gross proceeds of $842,616.00. As part of the Offering, the Company issued 988,640 common shares on a flow-through basis at a price of $0.65 per Flow-Through Share and 500,000 units at a price of $0.40 per Unit. Each Unit is comprised of one common share and one-half common share purchase warrant [...]
Focus Graphite Inc. announced today that it plans to complete a non-brokered private placement of up to 500,000 units of the Company at a price of $0.40 per Unit for aggregate gross proceeds to the Company of up to $200,000 , and up to 987,692 common shares issued on a flow-through basis of the Company at a price of $0.65 per Flow-Through Share for aggregate gross proceeds to the Company of up to $642,000 . Each Unit will [...]
The Company has completed 14,900.5 metres of core drilling from 74 holes, including 6,640.2 metres of definition drilling from 27 deep holes on its Manicouagan Ouest Graphitic Corridor deposit. Focus Graphite Inc. is pleased to report the completion of its 2022 core drilling program at its 100%-owned Lac Tétépisca graphite project, located southwest of the Manicouagan Reservoir in the Côte-Nord administrative region of [...]
Focus Graphite Inc. announced today it has closed a fourth 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 fourth tranche under the Equity Financing Facility, the Company completed a private placement for gross proceeds of $100,000 from Alumina, with Alumina receiving 579,711 units of the Company [...]
Focus Graphite Inc. is pleased to announce the launch of the second phase of its 2022 core drilling program on its Lac Tétépisca project. Phase 2 of the program was initiated following the receipt on July 6 of two land use permits from the ministry of Forests, Wildlife and Parks of Québec relating to the Manicouagan-Ouest Graphitic Corridor deposit sector and the areas of the "West Limb" and "Southwest MOCG" exploration [...]
Focus Graphite Inc. is pleased to announce that it has been awarded a grant of up to $350,000 by Québec's Ministry of Energy and Natural Resources . The grant will be used to finance a geometallurgical study of the Company's Manicouagan-Ouest Graphitic Corridor graphite deposit at its Lac Tétépisca project. The Lac Tétépisca project is located in the southwest Manicouagan Reservoir area of Québec's Côte-Nord region, on [...]
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 [...]
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