Focus Graphite Inc. is pleased to announce it has closed its previously announced non-brokered private placement for total gross proceeds of $842,616.00. As part of the Offering, the Company issued 988,640 common shares on a flow-through basis at a price of $0.65 per Flow-Through Share and 500,000 units at a price of $0.40 per Unit. Each Unit is [...]
Focus Graphite Inc. announced today that it plans to complete a non-brokered private placement of up to 500,000 units of the Company at a price of $0.40 per Unit for aggregate gross proceeds to the Company of up to $200,000 , and up to 987,692 common shares issued on a flow-through basis of the Company at a price of $0.65 per Flow-Through Share for [...]
The Company has completed 14,900.5 metres of core drilling from 74 holes, including 6,640.2 metres of definition drilling from 27 deep holes on its Manicouagan Ouest Graphitic Corridor deposit. Focus Graphite Inc. is pleased to report the completion of its 2022 core drilling program at its 100%-owned Lac Tétépisca graphite project, located [...]
Focus Graphite Inc. announced today it has closed a fourth tranche under the previously announced equity financing facility with Alumina Partners Ltd. , an affiliate of New York-based private equity firm Alumina Partners, LLC. In the fourth tranche under the Equity Financing Facility, the Company completed a private placement for gross proceeds of [...]
Focus Graphite Inc. is pleased to announce the launch of the second phase of its 2022 core drilling program on its Lac Tétépisca project. Phase 2 of the program was initiated following the receipt on July 6 of two land use permits from the ministry of Forests, Wildlife and Parks of Québec relating to the Manicouagan-Ouest Graphitic Corridor deposit [...]
Focus Graphite Inc. is pleased to announce that it has been awarded a grant of up to $350,000 by Québec's Ministry of Energy and Natural Resources . The grant will be used to finance a geometallurgical study of the Company's Manicouagan-Ouest Graphitic Corridor graphite deposit at its Lac Tétépisca project. The Lac Tétépisca project is located in [...]
Focus Graphite Inc. is pleased to announce that the TSX Venture Exchange has approved a share consolidation of the outstanding capital of the Company of the Company's common shares on the basis of ten pre-Consolidation common shares for one post-Consolidation common share. The Consolidation will be effective at the open of the market on June 17 [...]
Focus Graphite Inc. announced today that at the upcoming annual and special shareholder meeting of May 19, 2022, the shareholders will be asked to consider, and if deemed appropriate, pass a special resolution approving an amendment to the Company's articles to consolidate the issued and outstanding common shares of the Company on the basis of one [...]
Focus Graphite Inc. is pleased to report the filing on SEDAR of a technical report supporting the initial Mineral Resource Estimate originally announced on February 17, 2022, for its MOGC graphite deposit at its 100%-owned Lac Tétépisca Project, located southwest of the Manicouagan Reservoir in the Côte-Nord administrative region of Québec, on the [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com NEW YORK, March 23, 2022 /CNW/ - Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Quebec Virtual Investor Conference on March 30th and 31st. This virtual event will showcase live [...]
The new drilling program is designed to explore for satellite deposits within a radius of five km of the Company's recently announced MOGC natural flake graphite deposit. Focus Graphite Inc. is pleased to report the start of a first phase of 3,000 m of exploration drilling at its 100%-owned Lac Tétépisca graphite project, located southwest of the [...]
Results include Indicated Mineral Resources of 59.3 Million Tonnes grading 10.61% graphitic carbon , equivalent to 6.3 Mt of in-situ graphite, and suggest the deposit has the potential to become one of the largest sources of high-quality flake graphite in North America Focus Graphite Inc. is pleased to report its maiden mineral resource estimate [...]