Focus Graphite Inc. (FCSMF)
OTCQB OTCQB Primary Summary
Focus Graphite Closes First Tranche of Non-Brokered Private Placement
OTTAWA, ON / ACCESSWIRE / October 11, 2024 / Focus Graphite Inc. (TSXV:FMS)(OTCQB:FCSMF)(FRANKFURT:FKC) (the "Company") announced today the closing of the first tranche of the previously announced non-brokered private placement (the "Offering") for gross proceeds of $400,000. The Company issued 5,333,336 units (the "Units") at a price of $0.075 per Unit.
Focus Graphite Announces Additional Increase to Non-Brokered Private Placement Offering
OTTAWA, ON / ACCESSWIRE / October 8, 2024 / Focus Graphite Inc. (TSXV:FMS)(OTCQB:FCSMF) (the "Company") announced today it is increasing the maximum offering of its private placement (the "Offering") previously announced on September 30, 2024 and October 2, 2024. The Offering will be increased from $500,000 to $525,000 and the issuance of an additional 333,334 Units (defined below) at a price of $0.075 per Unit for a total of 7,000,000 Units.
Focus Graphite Increases Offering on Non-Brokered Private Placement & Approval of Amended Equity Incentive Plan
OTTAWA, ON / ACCESSWIRE / October 2, 2024 / Focus Graphite Inc. (TSXV:FMS)(OTCQX:FCSMF)(FRANKFURT:FRA) (the "Company") announced today it is increasing the maximum offering of its private placement previously announced on September 30, 2024 (the "Offering"). The Offering will be increased from $300,000 to $500,000 and the issuance of an additional 2,666,666 Units at a price of $0.075 per Unit for a total of 6,666,666 Units.
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Focus Graphite Inc. Profile
| Metals & Mining Industry | Materials Sector | Mr. Marc R. Roy CEO | OTCQB Exchange | CA34416E1060 ISIN |
| US Country | - Employees | - Last Dividend | 17 Jun 2022 Last Split | - IPO Date |
Overview
Focus Graphite Inc. operates as an exploration stage company with a strong presence in Quebec, Canada, where it focuses on acquiring, exploring, and developing mineral properties. Initially incorporated in 1998 and originally named Focus Metals Inc., the company underwent a rebranding to Focus Graphite Inc. in May 2012. It primarily directs its exploration activities towards graphite, but also investigates the potential for iron, copper, rare-earth elements, and gold deposits within its territories. The Lac Knife property, being its flagship project, demonstrates the company’s commitment to graphite exploration, encompassing 62 claims over an area of 3,248.18 hectares in the Côte Nord region of Québec. This project is a testament to Focus Graphite Inc.'s dedication to securing and developing high-value mineral deposits in Canada.
Products and Services
Focus Graphite Inc. leverages its exploration and development projects to offer the following products and services:
- Graphite Exploration: The company specializes in the exploration of high-purity graphite, mainly through its flagship Lac Knife property. This focus on graphite is driven by the increasing demand for this mineral, especially for applications in lithium-ion batteries and other clean energy technologies.
- Iron, Copper, and Rare-Earth Elements Exploration: Beyond graphite, Focus Graphite Inc. explores for iron, copper, and rare-earth elements. These metals are critical in various industrial applications, including manufacturing, technology, and renewable energy sectors, positioning the company as a potential key player in the supply of essential minerals.
- Gold Exploration: While its primary focus remains on graphite and base metals, the company also ventures into gold exploration. This diversifies its exploration portfolio and taps into the traditional and evergreen demand for gold in global markets.
Contact Information
