Mr. Thomas Yingling reports

FIRST CANADIAN GRAPHITE INC. ANNOUNCES FINANCINGS

First Canadian Graphite Inc. has arranged the following financings.

$225,000 hard-dollar financing

The company intends to offer up to 1.5 million units at 15 cents for gross proceeds of up to $225,000. Each unit shall comprise one common share and one warrant, exercisable at 20 cents for two years.

The gross proceeds from the hard-dollar financing will be for general working capital.

While the company intends to spend the proceeds from the financing as stated above, there may be circumstances where, for sound business reasons, funds may be reallocated at the discretion of the board.

A finder's fee may be payable in accordance with the policies of the TSX Venture Exchange.

The closing of the financing is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. The securities issued under the financing will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws.

$300,000 flow-through financing

The company also intends to offer up to 1.5 million flow-through units at 20 cents for aggregate gross proceeds of up to $300,000. Each unit shall comprise one flow-through common share and one-half warrant.

Each whole warrant will entitle the holder to purchase one common share, exercisable at 25 cents for two years.

The gross proceeds from the issuance of flow-through shares will be used for exploration expenses on the company's Berkwood graphite project.

While the company intends to spend the proceeds from the financing as stated above, there may be circumstances where, for sound business reasons, funds may be reallocated at the discretion of the board.

A finder's fee may be payable in accordance with the policies of the TSX Venture Exchange.

The closing of the financing is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange. The securities issued under the financing will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws.

These financings are not part and parcel.

Pessamit Innu First Nation

First Canadian Graphite respectfully acknowledges that the Berkwood project is located within the traditional territory of the Pessamit Innu First Nation. The company is committed to fostering respectful, transparent and collaborative relationships with local indigenous communities throughout the development process.

About the Berkwood graphite project

The Berkwood graphite project is located within the jurisdiction of Quebec, in the Manicouagan regional county municipality, three hours of driving time from the city of Baie-Comeau. Easy access is provided via a major secondary road and numerous tertiary and forest roads that traverse the property.

The zone 1 resource lies eight kilometres (km) southwest of Nouveau Monde's deposit, which has a $3.5-billion NPV (net present value) on it. The company's zone 1 resource and that of Nouveau Monde share many similar geological characteristics, with the zone 1 resource being of exceptionally high grade and coarse flake size by global standards.

The current mineral resource at the Berkwood graphite project includes in-pit constrained resource totalling 1,755,300 tonnes of indicated resources at 17.00 per cent Cgr and 1,526,400 tonnes in inferred resources at 16.39 per cent Cgr.

The mineral resource estimates above are described in the technical report entitled, "NI 43-101 Technical Report Mineral Resource Estimate on the Lac Gueret South Graphite Property, Quebec, Canada." With an effective date of June 30, 2019, by Edward Lyons, PGeo, Florent Baril, Ing, and Claude Duplessis, Ing.

About First Canadian Graphite Inc.

First Canadian Graphite is managed by a team with over 150 years collectively with a proven record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team's most recent success is discovering the Berkwood graphite resource in Northern Quebec. Green Battery Mineral owns this asset 100 per cent and the company's shareholders will benefit from this asset as the demand for graphite for electric vehicles increases significantly.

We seek Safe Harbor.