Focus Graphite Inc. is pleased to announce it has secured an extension from the TSX Venture Exchange to complete the Company’s previously announced equity financing by February 13, 2019. The Company closed a second tranche of its non-brokered private placement for gross proceeds of $625,000 . As part of the Second Tranche, the Company issued 12,500,000 units at a price of $0.05 per Unit. Each Unit is comprised of [...]
Focus Graphite Inc. announces the closing of the first tranche of a non-brokered private placement for gross proceeds of $650,000. The Company has issued 13,000,000 units at a price of $0.05 per Unit. Each Unit is comprised of one flow-through common share and one common share purchase warrant . Each Warrant entitles its holder to purchase one common share at a price of $0.055 per common share until December 11, 2020. In [...]
Focus Graphite Inc. is pleased to announce that its superfine, high-performance, conductive graphite used in the production of Lithium-Ion batteries is currently being tested by Major Battery Companies. Typically, a lithium-ion battery requires up to 15 times more graphite than lithium depending on which cathode is used. This is due to the high surface area and layered crystal structure of graphite making it highly [...]
Focus Graphite Inc. is excited by the successful results of its efforts to advance the production of superfine, high-performance graphite using its proprietary processing technology. Already a source of high-grade graphite, suitable for use across a wide range of technology applications from energy storage to biomedicine, Focus Graphite is excited by the opportunity to expand its range of high-grade graphite. Over the [...]
Focus Graphite Inc. introduces its roadmap for refining BioMedical Grade Graphite to supply Grafoid’s product line of BioMedical Applications. Already an established source of high grade graphite, suitable for use in BioMedicine, Focus Graphite is also excited by the potential of its Rare Earth projects –such as the Kwyjibo Rare Earth Element Project – which increases the range of materials that Focus [...]
Pursuant to comments from Ontario Securities Commission staff in connection with an OSC Review, Focus Graphite Inc. has agreed to expand upon certain disclosures made in their June 28, 2018 News Release which announced the results of the Preliminary Economic Assessment for the Kwyjibo Rare Earth Element Project “, located in Québec, a Marketing Agreement formalizing an existing contractual relationship [...]
OTTAWA, July 31, 2018 -- Focus Graphite Inc. announced today the grant of incentive stock options to its directors, officers and employees, as well as to its external investor relations consultant. Options to purchase up to 26,085,000 Common Shares of the Company have been granted at an exercise price of $0.05 per share. The options expire on July 30, 2023. About Focus Graphite Focus Graphite Inc. is an emerging mid-tier [...]
KINGSTON, Ontario, June 28, 2018 -- Focus Graphite Inc. and partner SOQUEM Inc. are pleased to announce the results of the Preliminary Economic Assessment for the Kwyjibo Rare Earth Element Project , based on a maiden resource estimate and preliminary metallurgical testwork. The Kwyjibo Project is located 125 km northeast of the port city of Sept-Iles, Québec, Canada. The Kwyjibo project is a Joint Venture between [...]
Focus Graphite is pleased to announce that it has executed a formal marketing agreement with Grafoid Inc. Under the terms of the Marketing Agreement, Focus has engaged Grafoid to provide marketing and product development and related services using its technical and industry knowledge and expertise. Grafoid will provide marketing and product development and related services for Focus’ business projects ; assist in [...]
Dec. 29, 2017 -- Focus Graphite Inc. is pleased to announce a third closing of a non-brokered private placement at which it issued an aggregate of 3,125,000 flow-through common shares of the Company at a price of $0.08 per Flow-Through Share, for gross proceeds of $250,000. In connection with the closing of the FT Offering, the Company paid cash finder’s fees totaling $15,000. The securities issued in connection [...]
Dec. 20, 2017 -- Focus Graphite Inc. is pleased to announce the second closing of a non-brokered private placement at which it issued an aggregate of 24,400,600 flow-through common shares of the Company at a price of $0.08 per Flow-Through Share, for gross proceeds of $1,952,048. In connection with the closing of the FT Offering, the Company paid cash finder’s fees totaling $114,122.88. The securities issued in [...]
Ontario, Dec. 15, 2017 -- Focus Graphite Inc. announces the increase of its current flow-through offering for an additional gross proceeds of $250,000 and December 8, 2017 for more details on the FT Offering). The Company expects to proceed shortly with the second and final closing of the FT Offering. Therefore, following the first increase announced by the Company on December 8th, 2017 for additional gross proceeds of $2 [...]