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 [...]
Focus Graphite Inc. announced today that it has signed a Memorandum of Understanding with Australian battery casing technology company Vaulta and Braille Energy Systems Inc. to utilize the collective companies resources to identify collaborative opportunities for the advancement of batteries in key market segments. Under the terms of the MOU, the companies will work together to conduct market analysis to identify new [...]
Focus Graphite Inc. announced today the closing of the first tranche of the previously announced non-brokered private placement for gross proceeds of $1,822,800.08. The Company has issued 15,190,001 flow-through common shares at a price of $0.12 per Flow-Through Share. In connection with the closing of the first tranche of the Offering, the Company paid cash finder's fees totaling $117,236.00 and issued 976,966 [...]
Along with Focus Graphite's Lac Knife Project, Lac Tétépisca results provide Focus with two high-quality, graphite projects in development in Québec Focus Graphite Inc. is pleased to announce the results for the first five drill holes from the Company's fall 2020 infill and extension core drilling program at its wholly owned Lac Tétépisca Graphite Project located southwest of the Manicouagan reservoir in the Côte-Nord [...]
Focus Graphite Inc. announced today that it plans to complete a non-brokered private placement of up to 16,666,667 flow-through shares of the Company at a price of $0.12 per FT Share for aggregate gross proceeds to the Company of $2,000,000 . The proceeds of the Offering will be used to support the exploration program on Company's Tetepisca Graphite Project located southwest of the Manicouagan reservoir in the Cote-Nord [...]
Focus Graphite Inc. is pleased to provide an update on the Company's ongoing efforts to complete the environmental and social impact assessment study for its Lac Knife flake graphite project, Québec. Focus resumed work on the ESIA study during the summer of 2020, as COVID-19 containment measures were being eased by the Québec government. IOS Services Géoscientifiques Inc. of Saguenay, Québec is managing the ESIA study [...]
Grafoid Inc. and Focus Graphite jointly announced today the submission of a Provisional Patent Application titled: "Advanced Anode Material Comprising Spheroidal Silicon Enhanced Graphite Particles And Process For Making Same". The present invention pertains to the field of electrode materials and in particular to processes for making materials for use as a new generation of lithium-ion battery anode material. Due to the [...]
Focus Graphite Inc. at the request of IIROC, wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information This news release may contain certain [...]
Focus Graphite Inc. is pleased to announce it has closed its previously announced non-brokered private placement for total gross proceeds of $1,150,000. The closing of the Offering occurred in two final tranches of $500,000 and $300,000 respectively subsequent to the previously announced first tranche closing of December 18, 2020. As part of the Second Tranche, the Company issued 10,000,000 units at a price of $0.05 per [...]
Focus Graphite Inc. is pleased to announce that it has increased the gross proceeds for the flow-through portion of its previously announced non-brokered private placement of up to 10,000,000 units for gross proceeds of $500,000 . The Company has increased the Initial Offering to 20,000,000 Flow-Through Units at $0.05 per Flow-Through Unit for gross proceeds of up to $1,000,000 to accommodate investor demand . Each [...]
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