Creates the Potential for High Value Sales in the Li-Ion Battery Sector OTTAWA, ONTARIO--(Marketwired - May 27, 2014) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is very pleased to announce the results from coin cell tests for the lithium ion battery market recently performed on Lac Knife [...]
Focus is pleased to announce the closing of its transaction with Mincom Capital Inc., a Capital Pool Company trading on the TSX Venture Exchange for the sale of Focus' Romer Property located in the Labrador Trough territory of Quebec. Under the terms of the property acquisition agreement, Mincom has acquired all of Focus' rights, title and interest [...]
OTTAWA, ONTARIO--(Marketwired - Apr 8, 2014) - Mr. Gary Economo, Chief Executive Officer of Focus Graphite Inc., (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) and CEO and Founding Partner of Grafoid Inc. ("Grafoid" or the "Company") announced today the appointment of Mr. Thomas H. Cruikshank as a strategic advisor to Grafoid. [...]
OTTAWA, ONTARIO--(Marketwired - Mar 6, 2014) - Further to its December 19, 2013 announcement of an historic offtake agreement with a Chinese industrial conglomerate, Focus Graphite Inc. (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) (the "Company") is pleased to report that the terms of the agreement bind the parties to a minimum purchase of [...]
Focus Graphite President Don Baxter presented live to an audience of sophisticated investors and live webcast at the Fairmont Pacific Rim Vancouver on January 20th 2014.Mr Baxter holds a degree in Mining Engineering from Queen's University, is a Registered Professional Engineer and a Qualified Person under NI 43-101. Mr. Baxter served as [...]
OTTAWA, ONTARIO--(Marketwired - Jan 31, 2014) - The Board of Directors of Focus Graphite Inc., (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) (the "Company" or "Corporation") announced today its approval to convert CAN$1,500,000 in financing to Grafoid Inc. ("Grafoid") to 3,000,000 common shares in Grafoid at $0.50 per share. On May 3rd 2012, at [...]
OTTAWA, ONTARIO--(Marketwired - Jan 28, 2014) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is very pleased to announce an update of its National Instrument 43-101 ("NI 43-101") mineral resource estimate for its 100%-owned Lac Knife graphite project, in northeastern Québec. The resource estimate is based on both the 2012 and 2013 additional exploration and definition drilling programs for a total of 92 holes, and 9,103 meters that successfully achieved the designed goal to upgrade the quality of existing Indicated and Inferred resources to the Measured and Indicated categories. This is in addition to 105 previous drill holes that totalled 9,217 meters. Measured and Indicated resources are now estimated ... [...]
Focus Graphite President Don Baxter will be presenting live to an audience of sophisticated investors and live webcast at the Fairmont Pacific Rim Vancouver on January 20th 2014.Mr Baxter holds a degree in Mining Engineering from Queen's University, is a Registered Professional Engineer and a Qualified Person under NI 43-101. Mr. Baxter served [...]
OTTAWA, ONTARIO--(Marketwired - Dec 19, 2013) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (the "Company") announced today it has entered into an offtake agreement for the future production from Lac Knife's graphite resource located 27 km southwest of Fermont, Quebec. The strategic agreement for up to 40,000 tonnes per year [...]
67.8 m Grading 21.10% Cgr in Hole LK-13-187 OTTAWA, ONTARIO--(Marketwired - Dec 4, 2013) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to report very positive results of the summer 2013 infill drilling program on the Company's 100%-owned Lac Knife graphite Property (the "Property [...]
- IRR increases to 36.4% pre-tax and is 28.6% after-tax - NPV $317 million pre-tax and $185 million after-tax on an 8% discounted cash flow basis - Operating costs reduced by $367 per ton milled for purification costs to $68 per tonne milled - Operating costs are now $458 per tonne of concentrate - $28 million reduction in working capital [...]
OTTAWA, ONTARIO--(Marketwired - Nov 4, 2013) - Focus Graphite Inc. ("Focus" or the "Company") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) is pleased to announce it has retained the services of Québec-based Met-Chem Canada Inc. ("Met-Chem") to complete a Feasibility Study and Mine Closure Plan to bring the Lac Knife graphite project closer to a production decision. The contract was awarded to Met-Chem following a competitive request for proposal ("RFP") process where highly qualified national and international engineering firms were invited to tender. The Feasibility Study scope of work involves a comprehensive review of all project characteristics - from process validation to capital costs, operational costs, and basic engineering leading to the deta... [...]