Mr. Dean Hanisch reports
FOCUS GRAPHITE ADVANCED MATERIALS CLOSES $200,000 NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT
Focus Graphite Advanced Materials Inc. has closed a non-brokered flow through private placement for total gross proceeds of $200,000.
As part of the offering, the company issued 1.25 million common shares on a flow-through basis at a price of 16 cents per flow-through share. The securities issued in connection with the closing of the flow-through offering are subject to a four-month hold period expiring on Nov. 3, 2025.
In connection with the closing of the offering, the company paid a cash finder's fee totalling $12,000 and issued 75,000 warrants. Each finder's warrant entitles the finder to purchase one common share at a price of 22 cents per common share until July 2, 2026.
The net proceeds of the flow-through offering will be used to support the company's
exploration initiatives on its mineral assets.
The offering is subject to the final approval of the TSX Venture Exchange.
About Focus Graphite Advanced Materials Inc.
Focus Graphite is redefining the future of critical minerals with two 100-per-cent-owned world-class graphite projects and cutting-edge battery technology. The company's flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence and advanced materials industries.
The company's Lac Tetepisca project further strengthens its portfolio, with the potential to be one of the largest and highest-purity-and-grade graphite deposits in North America. Focus goes beyond mining; it is pioneering environmentally sustainable processing solutions and innovative battery technologies, including its patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
The company's commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of its vision. Focus actively partners with industry leaders, research institutions and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, Focus is dedicated to securing a resilient, locally sourced supply of critical minerals -- reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
We seek Safe Harbor.
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