Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce that it has moved from conditional approval to a fully executed, non-repayable contribution agreement (the “Agreement“) with Natural Resources Canada (“NRCan“) for funding up to $14,062,500 under the Global Partnerships Initiative (“GPI“).
The Agreement formalizes the federal government’s support for Focus Graphite’s project titled: “Transformation of Canadian Flake Graphite into Ultra-High Purity Battery & Advanced Materials Using Electrothermal Fluidized Bed Technology” (the “Project“). The Project unites Canadian, Ukrainian, and U.S. partners to produce ultra-high purity graphite for global battery, aerospace, defence, and advanced material markets.
The Agreement provides non-dilutive funding for the development, piloting, and commercial demonstration of Focus’s clean electrothermal purification process, enabling conversion of Quebec sourced natural flake graphite into ultra-high purity anode and advanced materials products. The Project also advances broader NATO, G7, and European policy objectives for secure, diversified, and ESG aligned critical mineral supply chains.
Once complete, the demonstration system is expected to produce purified graphite at volumes sufficient not only for downstream qualification, but also scalable to supply meaningful quantities to defence, aerospace, energy storage, and advanced materials markets. This production capability represents a major step toward commercial readiness and supports the Company’s downstream strategy by enabling Focus to deliver high purity material for evaluation and early market entry while continuing to advance its mining projects and longer-term processing infrastructure.
“Execution of this Agreement significantly strengthens Focus Graphite’s ability to help supply our allies with secure, ESG aligned, high purity graphite,” said Dean Hanisch, Chief Executive Officer. “Chinese graphite is currently embedded throughout North American military, aerospace, and energy systems, creating strategic vulnerabilities across the entire allied value chain. The ability to produce ultra-high purity material domestically, and process it using a clean, chemical free purification method, positions Focus to directly support the shift toward reliable, non-Chinese sources of strategic critical minerals.”
“This Agreement unlocks our ability to move qualified graphite samples to international partners at a much faster pace, which is essential for advancing offtake discussions,” said Jason Latkowcer, Vice President of Corporate Development. “We will continue to advance our Lac Knife and Lac Tetepisca projects while simultaneously delivering the high-purity material that allied partners require to validate Canadian graphite within their defence, aerospace, energy storage, and advanced-materials supply chains.”
“Advancing research and development is essential to securing resilient and sustainable critical mineral supply chains. Through the G7 Critical Minerals Action Plan, we continue to work with trusted partners to deliver innovative projects—like the progress achieved by Focus Graphite-that reinforce Canada’s decades-long leadership in the mining space, which allows us to supply our allies and become an energy superpower while reducing emissions,” said the Honourable Tim Hodgson, Minister of Energy and Natural Resources.
Federal Funding Details
Under the executed Agreement, NRCan will provide up to $14,062,600 in non-repayable funding, representing approximately 73.6% of total eligible project costs. Focus Graphite will contribute $4,787,500 in cash and an additional $250,000 in in-kind contributions toward the Project. The eligible expenditures period extends from October 14, 2025 through March 31, 2028, during which the Company will execute all approved Project activities.
Funding will support the full work program outlined in the Agreement, including feedstock preparation, pilot-scale metallurgical processing, electrothermal purification trials, feasibility study, and the engineering, procurement, installation, and commissioning, and demonstration of a commercial demonstration furnace.
Advancing a North American, Sovereign Supply Chain
This federal investment advances Focus Graphite’s objective of establishing a secure, fully North American graphite and advanced materials supply chain. The Project is specifically structured to reduce reliance on Chinese processing routes and aligns with critical mineral strategies aimed at enhancing energy security, industrial resilience, and defence readiness. The ultra-high purity graphite produced through this initiative is expected to supply key downstream sectors prioritized by Canada and its allies, including defence and aerospace, energy storage, electric vehicles, advanced materials, and anode production.
About Focus Graphite Advanced Materials Inc.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.
Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals – reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, without limitation: (i) the anticipated benefits, timing, and potential outcomes of the Global Partnerships Initiative (“GPI”) funding award and the contribution agreement with Natural Resources Canada; (ii) the design, development, construction, commissioning, and operation of the Company’s proposed electrothermal purification demonstration facility; (iii) the timing, scope, and success of technical collaborations with Thermal & Material Engineering Center LLC (“TMEC”) of Ukraine, the University of Texas at Dallas’s BEACONS battery prototyping facility, American Energy Technologies Co. (“AETC”), and other potential partners; (iv) the Company’s ability to advance pilot-scale and commercial-scale testing, including the purification of graphite concentrates to ultra-high-purity specifications; (v) the ability to accelerate the movement of qualified graphite samples to international partners and the potential advancement of downstream or international offtake discussions; (vi) the possibility that Lac Knife and Lac Tetepisca may become future contributors to North American, NATO, G7, or EU-aligned critical-mineral supply chains; and (vii) expectations regarding the scalability, cost-effectiveness, environmental performance, ESG alignment, and commercial viability of the Company’s purification technology.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce the appointment of Dr. Sunho Kang, Ph.D., as Strategic Advisor, Battery Technology & Materials.
This appointment follows the Company’s November 3, 2025 announcement of a conditional $14.1 million in funding from Natural Resources Canada (“NRCan“) under the Global Partnership Initiative (GPI), which supports the development of Canada’s first chemical-free electro-thermal graphite purification demonstration plant. Dr. Kang’s expertise directly aligns with the Company’s plan to commercialize high-purity, battery-grade materials from its Lac Knife and Lac Tetepisca deposits.
Dr. Kang is a globally respected battery-materials scientist and industry executive with 26 years of experience across leading research institutions, national laboratories, and global battery and electric vehicle (EV) manufacturers. His expertise includes lithium-ion cell engineering, silicon-anode development, cathode innovation, dry-electrode manufacturing, and root-cause failure analysis.
A former member of Professor John B. Goodenough’s laboratory at the University of Texas at Austin and a former Staff Scientist at Argonne National Laboratory, Dr. Kang has held senior executive positions at leading global companies including Samsung SDI (Vice President Research and Product Development), Apple (Senior Manager), and Volkswagen Group of America (Senior Vice President, Battery Technology).
In his role at Focus, Dr. Kang will provide expert guidance across lithium-ion battery technologies, including material selection, cell design, and performance optimization as the Company advances its purification and anode-materials strategy. He will advise on the development and testing of battery-grade graphite and silicon composites, contribute to high-energy-density cell research and development for dual-use (defense and civilian) battery-anode applications, and provide direction on establishing and scaling battery-testing infrastructure, including next-generation cell formats. Dr. Kang will also help identify strategic collaborations with industry, academia, and national laboratories; contribute to the Company’s intellectual property (IP) and patent roadmap; drive supplier-ecosystem development and technical due diligence for funding and partnership initiatives; and support the advancement of potential off-take and commercialization pathways.
“At Focus, we are committed to bringing in industry leaders who have delivered at the highest levels,” said Jason Latkowcer, Vice President of Corporate Development. “Dr. Kang’s appointment significantly strengthens our downstream integration strategy and adds deep technical credibility to our purification and battery-materials programs. His experience with cell qualification, supplier ecosystems, and next-generation battery materials enhances our ability to engage with OEMs and defense partners, while helping ensure our battery-testing efforts are efficient, coordinated, and technically rigorous.”
“Focus Graphite’s deposits and chemical-free purification process have strong potential for next-generation anode materials,” said Dr. Kang. “I look forward to helping bridge upstream graphite production with downstream cell-maker specifications and supporting the Company’s patent-pending battery technologies. Strengthening a secure North American graphite supply chain is essential for advanced energy storage, particularly in defense and automotive applications, and I am pleased to contribute to Focus Graphite’s commercialization strategy in these critical markets.”
As part of his engagement, Dr. Kang has been granted 50,000 stock options, exercisable at C$0.60 per share for five (5) years under the Company’s incentive stock option plan, subject to regulatory approval, and may also receive cash compensation for certain advisory services.
About Focus Graphite Advanced Materials Inc.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.
Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining — we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits and outcomes of the Global Partnerships Initiative (“GPI”) funding award from Natural Resources Canada (“NRCan”); the design, construction, and commissioning of the Company’s proposed electro-thermal graphite purification demonstration plant; the expected contributions of Dr. Sunho Kang in his role as Strategic Advisor; and the advancement of the Company’s Lac Knife and Lac Tetepisca projects through permitting, pilot testing, and potential future production. Forward-looking information also includes statements concerning the Company’s expectations with respect to its ability to commercialize high-purity anode materials, integrate upstream and downstream operations, establish technical and offtake partnerships, and position both projects as strategic contributors to Quebec’s and North America’s critical-minerals and battery-materials supply chains.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Former Apple and Samsung SDI Battery Expert to Guide High-Purity Anode Materials and Dual-Use Next-Generation Cell Platforms.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce the appointment of Dr. Sunho Kang, Ph.D., as Strategic Advisor, Battery Technology & Materials.
This appointment follows the Company’s November 3, 2025 announcement of a conditional $14.1 million in funding from Natural Resources Canada (“NRCan“) under the Global Partnership Initiative (GPI), which supports the development of Canada’s first chemical-free electro-thermal graphite purification demonstration plant. Dr. Kang’s expertise directly aligns with the Company’s plan to commercialize high-purity, battery-grade materials from its Lac Knife and Lac Tetepisca deposits.
Dr. Kang is a globally respected battery-materials scientist and industry executive with 26 years of experience across leading research institutions, national laboratories, and global battery and electric vehicle (EV) manufacturers. His expertise includes lithium-ion cell engineering, silicon-anode development, cathode innovation, dry-electrode manufacturing, and root-cause failure analysis.
A former member of Professor John B. Goodenough’s laboratory at the University of Texas at Austin and a former Staff Scientist at Argonne National Laboratory, Dr. Kang has held senior executive positions at leading global companies including Samsung SDI (Vice President Research and Product Development), Apple (Senior Manager), and Volkswagen Group of America (Senior Vice President, Battery Technology).
In his role at Focus, Dr. Kang will provide expert guidance across lithium-ion battery technologies, including material selection, cell design, and performance optimization as the Company advances its purification and anode-materials strategy. He will advise on the development and testing of battery-grade graphite and silicon composites, contribute to high-energy-density cell research and development for dual-use (defense and civilian) battery-anode applications, and provide direction on establishing and scaling battery-testing infrastructure, including next-generation cell formats. Dr. Kang will also help identify strategic collaborations with industry, academia, and national laboratories; contribute to the Company’s intellectual property (IP) and patent roadmap; drive supplier-ecosystem development and technical due diligence for funding and partnership initiatives; and support the advancement of potential off-take and commercialization pathways.
“At Focus, we are committed to bringing in industry leaders who have delivered at the highest levels,” said Jason Latkowcer, Vice President of Corporate Development. “Dr. Kang’s appointment significantly strengthens our downstream integration strategy and adds deep technical credibility to our purification and battery-materials programs. His experience with cell qualification, supplier ecosystems, and next-generation battery materials enhances our ability to engage with OEMs and defense partners, while helping ensure our battery-testing efforts are efficient, coordinated, and technically rigorous.”
“Focus Graphite’s deposits and chemical-free purification process have strong potential for next-generation anode materials,” said Dr. Kang. “I look forward to helping bridge upstream graphite production with downstream cell-maker specifications and supporting the Company’s patent-pending battery technologies. Strengthening a secure North American graphite supply chain is essential for advanced energy storage, particularly in defense and automotive applications, and I am pleased to contribute to Focus Graphite’s commercialization strategy in these critical markets.”
As part of his engagement, Dr. Kang has been granted 50,000 stock options, exercisable at C$0.60 per share for five (5) years under the Company’s incentive stock option plan, subject to regulatory approval, and may also receive cash compensation for certain advisory services.
About Focus Graphite Advanced Materials Inc.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.
Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining — we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits and outcomes of the Global Partnerships Initiative (“GPI”) funding award from Natural Resources Canada (“NRCan”); the design, construction, and commissioning of the Company’s proposed electro-thermal graphite purification demonstration plant; the expected contributions of Dr. Sunho Kang in his role as Strategic Advisor; and the advancement of the Company’s Lac Knife and Lac Tetepisca projects through permitting, pilot testing, and potential future production. Forward-looking information also includes statements concerning the Company’s expectations with respect to its ability to commercialize high-purity anode materials, integrate upstream and downstream operations, establish technical and offtake partnerships, and position both projects as strategic contributors to Quebec’s and North America’s critical-minerals and battery-materials supply chains.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce the appointment of Richard Pearce as Strategic Advisor.
This appointment follows the Company’s November 3, 2025 announcement for the conditional award of $14.1 million from Natural Resources Canada (“NRCan“) under the Global Partnership Initiative (“GPI“). The funding supports the launch of Canada’s first chemical-free electro-thermal graphite purification demonstration plant, a key milestone in advancing the country’s critical minerals production capabilities and supply chain.
Mr. Pearce is a licensed professional engineer, economist, and senior executive with more than thirty (30) years of experience managing, financing, and delivering complex industrial and resource projects across the Americas. He brings deep expertise in the energy transition and critical minerals, combining technical, financial, and operational leadership to build and grow successful companies.
As founder and former Chief Executive Officer of South Star Battery Metals Corp. (“South Star“), Mr. Pearce led the development of one of the first new graphite mines in decades to be permitted, financed, and brought into commercial production. Under his leadership, South Star advanced from exploration to full operation, gaining valuable insight into mine development, local community engagement, and sustainable graphite production in Latin America. He has directed multidisciplinary teams on large-scale mining and industrial projects with capital expenditures exceeding US $1 billion, spanning precious and base metals, industrial minerals, and fertilizers.
A Qualified Person (QP) under Canada’s National Instrument (NI) 43-101 standards, Mr. Pearce brings a rare combination of modern, hands-on graphite production experience and regulatory expertise. His addition to the Focus team enhances the Company’s ability to de-risk and accelerate the transition from development to production while maintaining technical and environmental standards.
“No two graphite deposits are the same,” said Dean Hanisch, CEO of Focus Graphite. “Each deposit has its own characteristics, and we wanted someone who has been through it, who has figured out what works and what doesn’t, and truly understands what it takes to put a graphite mine into production. Richard is one of the few people today who has done this successfully, and his experience will help us avoid costly trial and error and ensure our demonstration plant reflects real world operating conditions.”
In his role as Strategic Advisor, Mr. Pearce will lead the optimization of Focus Graphite’s upstream operations — ensuring that ore processing, flotation, and concentrate recovery are fully aligned with the Company’s downstream purification strategy as it moves into the demonstration phase.
His immediate focus will be overseeing upcoming ore-processing campaigns for the Lac Knife Project, evaluating ore behaviour through grinding, flotation, and concentration to define the optimal equipment selection, process-flow design, and material-handling methods required for larger-scale production. The resulting test work will generate the empirical data needed to maximize graphite recovery and product quality.
In parallel, Focus is preparing to launch its first pilot plant program for the Lac Tetepisca Project, where Mr. Pearce will play a central role in assessing ore performance and designing the associated flowsheet. His involvement across both projects ensures a unified, evidence-based operational strategy rather than reliance on theoretical models.
As Focus progresses toward permitting, construction, and commercialization, Mr. Pearce’s mandate is expected to expand to include offtake partnership development, operational scaling, and overall production readiness, supporting the Company’s plan to build a fully integrated mine-to-market graphite supply chain in Quebec.
“I have taken a graphite project from early exploration through construction and commercial production,” said Richard Pearce. “Along the way, I have learned where the real challenges lie — in logistics, processing, scaling, commercialization, and the countless details that only emerge once you build and operate a mine. Those lessons are scarce and invaluable in the West, and I look forward to helping Focus Graphite move efficiently toward production.”
Hanisch added, “There is a big difference between theory and real-world performance. Richard will help us bridge that gap, ensuring that our demonstration facility and future mining operations are designed for practical, field-tested performance. His experience will be key to de-risking our path forward.”
As part of his engagement, Mr. Pearce has been granted 50,000 stock options, exercisable at C$0.60 per share for five (5) years under the Company’s incentive stock option plan, subject to regulatory approval, and may also receive cash compensation for certain advisory services.
Qualified Person
The technical content disclosed in this news release was reviewed and approved by Richard Pearce, PE, President of Brasil Insight Capital LLC., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.
About Focus Graphite Advanced Materials Inc.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.
Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining — we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits and outcomes of the Global Partnerships Initiative (“GPI”) funding award from Natural Resources Canada (“NRCan”); the design, construction, and commissioning of the Company’s proposed electro-thermal graphite purification demonstration plant; the expected contributions of Mr. Richard Pearce in his role as Strategic Advisor; and the advancement of the Company’s Lac Knife and Lac Tetepisca projects through permitting, pilot testing, and potential future production. Forward-looking information also includes statements concerning the Company’s expectations with respect to its ability to optimize ore processing and concentrate recovery, integrate upstream and downstream operations, establish offtake and commercialization partnerships, and position both projects as strategic contributors to Quebec’s and North America’s critical-minerals supply chains.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading Canadian graphite developer advancing high-grade projects, is pleased to announce that it has commissioned an updated Air Dispersion Modelling and Dust Management Study (the “Study“) for its 100%-wholly owned Lac Knife Project (the “Project“) in Quebec. This work represents one of the final environmental studies required to complete the Environmental and Social Impact Assessment (“ESIA“) and advance the Project toward mine-permitting readiness.
The Study will be led by WSP Canada Inc. (“WSP“), a world-leading Montreal-based global engineering, environmental, and professional-services consultancy, and will be conducted under the supervision and management of IOS Geosciences Inc. (“IOS“), the Company’s geological consultant and general contractor for the Project. WSP includes the former Woods Engineering, which participated in the 2019 preliminary design of the dry-stack tailings storage facility (“TSF“), as well as Golder Inc., which conducted the original 2014 Study.
The Study will evaluate the potential airborne dispersion of dust and gases associated with mining operations, including:
wind-driven erosion from the TSF,
emissions generated by blasting activities, and
traffic-related dust along the 7-kilometre access road linking Lac Knife to Highway 389.
This updated modelling replaces the earlier 2014 study to reflect the re-engineered dry-stack tailings design, developed as part of the 2021 Feasibility Study (the “Feasibility“) update. The redesign eliminates the former wet-pond configuration and instead utilizes dolomitic marble to amend and encapsulate tailings, thereby preventing acid mind drainage (“AMD“) and metal leaching. This new TSF concept was considered material enough to necessitate remodelling of the areal dispersion.
The current program directly addresses follow-up questions from Quebec’s Ministry of Sustainable Development, Environment, and the Fight Against Climate Change (“MDDELCC“), issued during its review of the Company’s 2014 ESIA submission. Results from the Study are expected by February 2026, aligning with the planned submission of the final revised ESIA.
“The completion of the air dispersion modelling and dust management plan marks one of the last major technical steps in our environmental review process,” said Dean Hanisch, Chief Executive Officer of Focus Graphite. “We are now systematically finalizing outstanding ESIA components to move Lac Knife toward the permitting stage. Each of these studies reflects our ongoing commitment to advance the Project responsibly.”
Qualified Person
The technical content disclosed in this news release was reviewed and approved by Rejean Girard, P.Geo. (QC), President of IOS Geosciences Inc., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.
About WSP Canada Inc.
WSP Canada Inc. is a Canadian subsidiary of WSP Global Inc., one of the world’s leading professional-services firms. Headquartered in Montreal, Quebec, WSP provides multidisciplinary engineering, environmental, and consulting services across the infrastructure, energy, mining, transportation, and built-environment sectors. With thousands of professionals across Canada and internationally, WSP delivers technical excellence and sustainable solutions supporting clients through every stage of project development.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Focus Graphite’s flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.
Focus Graphite’s Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, they go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Focus Graphite’s commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals – reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated timing, scope, and results of the Air Dispersion Modelling and Dust Management Study (the “Study”) at the Lac Knife Project; the completion of the Company’s Environmental and Social Impact Assessment (“ESIA”) and related technical studies, including hydrogeological and tailings dam analyses; the expected timing of regulatory submissions and approvals; the potential for the Project to achieve mine-permitting readiness; and the advancement of the Lac Knife Project toward development. Forward-looking information also includes statements regarding the Company’s expectations concerning the effectiveness of the redesigned dry-stack tailings storage facility, the ability to meet Québec’s environmental and regulatory standards, the anticipated role of the Lac Knife and Lac Tetepisca projects within Canada’s Critical Minerals Strategy, and the Company’s capacity to secure the financing and partnerships required to advance these projects responsibly and sustainably.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading Canadian graphite developer advancing high-grade projects in Quebec, is pleased to announce the commencement of a hydrogeological study (the “Study“) at its wholly owned Lac Knife Project (the “Project“).
The Study will be executed by Yves Leblanc, P.Geo., of Richelieu Hydrogeologie Inc. (“RHI“), a Quebec based consulting firm specializing in groundwater management, mining and environmental hydrogeology, geothermal systems, and individual well design. RHI has supported Focus and the Lac Knife Project since 2019. The program will be carried out under the supervision and management of IOS Geosciences Inc. (“IOS“), the Company’s geological consulting firm and general contractor for the Lac Knife Project.
This Study represents one of the final major technical milestones in advancing the Company’s Environmental and Social Impact Assessment (“ESIA“) – a critical step toward the mine permitting phase for the Project. The hydrogeological program will characterize groundwater flows, aquifer properties, and potential interactions with Project infrastructure such as the open pit and tailings storage facility, ensuring responsible water management and full compliance with Quebec’s regulatory standards.
The Lac Knife deposit is located on a hillcrest between Knife Lake and Pecan River, both tributaries of the Moisie River, which is designated as a planned aquatic reserve. As such, the highest standards of aquifer protection must be applied. This Study aims to address concerns outlined in the second round of questions received in 2019 from Quebec’s Ministry of Sustainable Development, Environment, and the Fight Against Climate Change (“MDDELCC“) during its review of the Company’s original Environmental and Social Impact Study submitted in 2014. As part of the 2021 Lac Knife Feasibility
Study (“Feasibility“) update, the Project’s tailings storage facility was fully redesigned to incorporate nearby dolomitic marble, which will amend the tailings and eliminate the risk of acid mine drainage. This new design concept required a complete remodelling of the aquifer system. Results from the current hydrogeological modelling are expected by February 2026, aligning with the planned submission of the final ESIA revision.
Focus continues to collaborate with IOS to finalize contracting for the remaining studies, including tailings dam breach analysis and dust dispersion modelling.
“The launch of the hydrogeological study marks another important step toward permit readiness,” said Jason Latkowcer, Vice President, Corporate Development, Focus Graphite. “We are systematically closing out the final technical components of the ESIA — with hydrogeological modelling being the most time-sensitive — ensuring that every environmental and social consideration is addressed with scientific rigour. Our commitment remains to advance Lac Knife responsibly, in alignment with Indigenous and Quebec environmental standards and the growing global demand for ethically sourced graphite.”
The Lac Knife Project hosts one of the highest-grade flake graphite deposits in the world, with measured and indicated resources grading 14.95% graphitic carbon (Cg). Once in production, Lac Knife is expected to supply high-purity graphite for defense, battery, and advanced materials markets, supporting Canada’s Critical Minerals Strategy.
On November 3, 2025 the Company announced that it had been selected by Natural Resources Canada (“NRCan“) under the Global Partnership Initiatives (“GPI“) for conditional approval for a non-repayable contribution of up to $14,062,500, pending final due diligence.
Qualified Persons
The technical content disclosed in this news release was reviewed and approved by Réjean Girard, P.Geo. (QC), President of IOS Geosciences Inc., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.
About Richelieu Hydrogeologie Inc.
Founded in 2005, Richelieu Hydrogeologie Inc. is a hydrogreology firm offering interdisciplinary services across groundwater management, mining hydrogeology, environmental hydrogeology, geothermal systems, and individual well design.
Their clientele includes mining companies, engineering-consulting firms, municipalities, commercial enterprises and private interests.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Focus Graphite’s flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.
Focus Graphite’s Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, they go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Focus Graphite’s commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals – reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated timing, scope, and outcomes of the hydrogeological study at the Lac Knife Project; the completion of the Company’s Environmental and Social Impact Assessment (“ESIA”) and related technical studies, including tailings dam breach analysis and dust dispersion modelling; the expected timing of regulatory submissions and approvals; the potential for successful mine permitting and development; and the advancement of the Lac Knife Project toward production. Forward-looking information also includes statements regarding the Company’s expectations concerning the effectiveness of proposed environmental management measures, the ability to meet Québec’s regulatory standards, the anticipated role of the Lac Knife and Lac Tetepisca projects within Canada’s Critical Minerals Strategy, and the Company’s capacity to secure future project financing or partnerships required for construction and commercialization.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce that it has been selected by Natural Resources Canada (“NRCan“) under the Global Partnerships Initiative (“GPI“) for conditional approval of a non-repayable contribution of up to $14,062,500 pending final due diligence. The funding will support Focus Graphite’s project, “Transformation of Canadian Flake Graphite into Ultra-High Purity Battery & Advanced Materials Using Electrothermal Fluidized Bed Technology” (the “Project“). The Project unites Canadians, Ukrainian, and American partners to produce ultra-high purity graphite for global battery, aerospace, defence, and advanced material markets.
Highlights:
Up to $14.1 Million Non-Repayable Federal Contribution Funding: Announced by the Honourable Tim Hodgson, Minister of Energy and Natural Resources, at the G7 Energy and Environment Minister’s Meeting in Toronto under NRCan’s Global Partnerships Initiative (GPI), to support the establishment of Canada’s first commercial, scalable electrothermal fluidized bed purification demonstration facility, advancing domestic critical mineral processing capacity and creating skilled Canadian jobs.
Environmentally Friendly Technology: This continuous process produces ultra-high purity graphite with zero liquid waste, lower emissions, and an ESG-aligned pathway to supply advanced battery, defence, aerospace, and clean technology markets.
International Collaboration: Engineering led by Ukraine’s Thermal & Material Engineering Center, using Canadian graphite feedstock and U.S.-based American Energy Technologies Company’s expertise in electrothermal purification, with final assembly in Canada.
BEACONS Battery Prototyping Partnership: Focus has partnered with the University of Texas at Dallas, representing the BEACONS Battery Prototyping Facility, a U.S. Department of War-supported research and development center dedicated to strengthening North American energy and materials security.
Path to Commercialization: This initiative establishes the foundation for large-scale production of Quebec-sourced graphite from Lac Knife and Tetepisca, supporting Canada’s goal of secure, allied, and sustainable critical-mineral supply chains.
This represents the largest federal award in the Company’s history, supporting the development of Canada’s first chemical-free continual fluidized electrothermal purification demonstration facility for natural flake graphite. The Project will use Quebec-sourced feedstock from Focus’s Lac Knife and Lac Tetepisca deposits, two of North America’s highest-grade natural graphite resources, to produce ultra-high-purity (>99.95% C) graphite, suitable for battery, aerospace, defence, nuclear and a host of advanced-material applications, including graphene. The Company may access the contribution funding up until March 2028.
The continuous electrothermal fluidized bed technology initiative will be carried out through collaboration with Ukraine’s Thermal & Material Engineering Center (“TMEC“). TMEC will lead full project management for the demonstration unit, overseeing engineering design, construction, fabrication, system integration, and training. The company brings extensive experience in the design, engineering, and management of advanced high-temperature reactor systems and continuous fluidized bed technology development. American Energy Technologies Company (“AETC“), a recognized specialist in carbon materials, electrothermal purification, and fluidized bed furnace technologies, will continue providing processing and thermal purification services to support near-term customer sampling and product qualification.
Over the past several years, the Company has invested substantial time and capital to de-risk the purification pathway, working with U.S.-based AETC to validate the process on Lac Knife graphite feedstock. Detailed characterization confirmed that impurities in Focus’s natural flake graphite occur predominantly along the flake boundaries rather than within the crystalline lattice, a feature that makes the material particularly responsive to high-temperature electrothermal purification. Using AETC’s proprietary electrothermal fluidized-bed furnace, Focus successfully achieved over 99.999%+ C (five-nine purity or nuclear grade) without any chemical reagents. These results validated the scalability and environmental integrity of the process, laying the foundation for today’s GPI-funded demonstration facility and its potential extension into rare earth element (REE) purification applications. As construction of the Canadian demonstration facility proceeds, Focus expects to continue working closely with AETC to purify additional material through its commercial-scale furnace, supporting near-term customer sampling, product qualification, and market off-take engagement. This parallel commercialization strategy ensures uninterrupted material availability while advancing the Company toward domestic electrothermal processing capacity.
This initiative will also strengthen several ongoing partnerships, including Focus Graphite’s upcoming work with the University of Texas at Dallas’s BEACONS (“BEACONS“) Battery Prototyping Facility, a U.S. DoW-supported research and development center dedicated to strengthening North American energy and materials security battery prototyping facility, which will accelerate the development, validation, and commercialization of this green purification technology. BEACONS will independently evaluate and qualify Focus’s purified graphite and siliconized anode materials for defence and dual-use battery applications.
Collectively, these collaborations represent the first of several anticipated global partnerships, combining Ukrainian engineering innovation, Canadian critical-mineral resources, and U.S. defence-focused validation, as Focus Graphite advances its strategy to ship purified material worldwide for testing, validation, and qualification across commercial, aerospace, and defence markets.
“We are grateful to NRCan for its support and vision in assisting Focus Graphite and companies like ours in achieving our shared goal of securing North American supply chains for Canada and its G7 partners,” said Dean Hanisch, CEO of Focus Graphite. “This project represents Canada’s first commercial, scalable, continuous electrothermal fluidized bed purification system, powered entirely by renewable hydroelectricity and operating without the use of chemicals. NRCan’s financial support is instrumental in advancing this breakthrough initiative, helping to accelerate domestic processing capacity and strengthen Canada’s position in the global critical minerals sector. It marks a significant step toward building a sustainable ecosystem that supports advanced battery, defence, aerospace, and clean technology applications.”
“Research and development are at the heart of building resilient and sustainable critical mineral supply chains. Through the G7 Critical Minerals Action Plan, we are collaborating with trusted international partners to advance innovative projects – like the work led by Focus Graphite – that reduce environmental impacts, maximize production and strengthen Canada and our allies’ competitive edge,” said the Honourable Tim Hodgson, Minister of Energy and Natural Resources.
“Research and development are the driving forces behind Canada’s leadership in critical minerals. Through strategic collaboration with international partners and innovative companies like Focus Graphite, we are accelerating breakthroughs across the supply chain – from exploration to processing – ensuring our solutions are sustainable, competitive and globally impactful,” added Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources.
Engineering Partnership with TMEC: Building Canada’s First Electrothermal Purification System
Focus has entered into a formal Memorandum of Understanding (“MOU“) with Thermal & Material Engineering Center LLC (“TMEС“) on October 6, 2025, to engineer, project manage and deliver the installation of a demonstration-scale electrothermal fluidized bed (“EFB“) furnace capable of continuous purification of natural graphite at industrial temperatures exceeding 2,500 °C.
Under the MOU:
TMEC will design and engineer the complete EFB system, including process flowcharts, power and gas management, automation, and control integration.
The furnace and all components will be fabricated and constructed locally in Canada under TMEC’s technical supervision, allowing Focus Graphite to build domestic expertise, ensure secure project delivery, and support local economic development.
The system will be designed for 100 kg/hour capacity, providing the foundation for a scalable commercial demonstration facility in Baie-Comeau or Sept-Îles, Quebec.
Focus Graphite will retain full operational ownership, including unrestricted commercial use of the system and all purified graphite output.
TMEC will provide operational training, documentation, and process integration know-how, ensuring effective technology transfer to Focus Graphite and contributing to the development of long-term technical expertise and manufacturing capability within Canada.
“Thermal & Material Engineering Center LLC is proud to collaborate with Focus Graphite Inc. and deeply appreciates the support of the Government of Canada in fostering strong partnerships between Ukraine and Canada. This cooperation not only strengthens our industrial and technological ties but also contributes to supporting Ukraine’s economy during a pivotal time. We are excited to work alongside Focus Graphite to bring this innovative and environmentally friendly graphite purification technology to Canada. This project advances chemical-free processing of critical minerals and supports Canada’s goals of building secure, sustainable, and resilient North American supply chains”, said Simon Hubynskyi, CEO.
BEACONS Collaboration: North American Validation for Advanced Battery and Defence Applications
In parallel to its engineering partnership with TMEC, Focus has entered a non-binding Letter of Intent (“LOI“) on October 20, 2025 with The University of Texas at Dallas, representing the BEACONS Battery Prototyping Facility, a U.S. DoW supported research and development center dedicated to strengthening North American energy and materials security.
The project overview outlines a multi-phase validation program designed to demonstrate the performance of Focus’s purified anode materials in U.S. DoW standard battery systems.
Phase I: DoW-Standard 18650 Cell Prototyping: BEACONS will fabricate and test 18650-format lithium-ion battery cells using Focus Graphite’s purified natural flake graphite as the anode material. The program aims to generate statistically significant performance data including cycle life, energy density, and charge-retention metrics to establish a validated, North American source of graphite anode material suitable for integration into U.S. and Canadian defence and energy platforms
Phase II: Siliconized Graphite Development: BEACONS intends to collaborate further with Focus Graphite to develop a next-generation siliconized graphite anode, utilizing Focus’s patent pending process and a North American-sourced, non-silane silicon feedstock. This program will prototype Unmanned Aerial Systems (UAS)-standard pouch cells, with the goal of creating a commercially viable, high-energy-density anode that advances energy storage capabilities for both the U.S. DoW and Canada’s Department of National Defence (“DND“).
Network-Wide Integration: Upon successful validation, the purified graphite will be made available through BEACONS’ network of users which includes cell manufacturers, equipment developers, and academic researchers-for further testing with complementary cathode and electrolyte systems, reinforcing cross-border supply-chain interoperability.
This collaboration positions the Company at the center of North American anode-material validation, linking Canadian upstream resources to U.S. defence-grade testing and commercialization pipelines. Beyond these initial efforts, both parties recognize the potential to expand into testing and validation of additional advanced materials within BEACONS’ network, creating a foundation for ongoing joint research and product development across the allied energy and defence ecosystem.
“We identified BEACONS as the ideal collaborator for this vertical given its DoW supported mandate to validate next-generation energy materials under real-world defence and flight-system testing standards,” said Jason Latkowcer, VP Corporate Development. “For investors and allied industries, this collaboration represents a gateway for Focus Graphite into North American and NATO supply chains, helping reduce dependency on adversarial sources and ensuring that critical defence and aerospace equipment are never reliant on foreign-controlled materials.”
“The G7’s focus on critical minerals highlights the urgency of strengthening domestic energy infrastructure. This collaboration positions UT Dallas’s BEACONS as a hub where innovative materials meet rigorous testing and validation, translating promising technologies into deployable solutions for the North American market,” said Dr. Joseph Pancrazio, VP for Research and Innovation at UT Dallas.
Advancing Canada’s Strategic and Environmental Independence in Critical Minerals
The GPI funding will help Canada strengthen secure and low-carbon critical mineral supply chains while reducing dependence on purification infrastructure currently dominated by other countries. Using electrothermal fluidized-bed technology, Focus will demonstrate a clean and scalable purification process.
This project aligns with the goals of Canada’s Critical Minerals Strategy by establishing a domestic purification capability for Canadian-sourced graphite. It will create skilled jobs, support regional economic development, and enable Canadian-controlled production of battery-grade materials. By building this homegrown purification capacity, Focus is helping Canada and its allies process and qualify critical materials within North America, advancing environmental responsibility, energy security, and manufacturing resilience.
Expanding Allied Market Access and Global Qualification Pathways
Through this GPI-funded initiative, Focus will produce and distribute qualification samples to G7 and NATO-aligned partners. The project will also establish Canada’s first commercial-scale graphite purification hub, offering mines, research institutions, and manufacturers a sustainable alternative to imported materials. This initiative directly addresses Canada’s upstream bottleneck in establishing domestic large-scale purification capacity, and complements Ottawa’s Critical Minerals Strategy. Focus looks forward to updating local First Nations communities as the Project advances, to explore opportunities for participation, collaboration, and shared economic benefits in the spirit of respect and partnership.
Focus’s electrothermal platform is designed for clean, high-temperature purification of graphite and, over the longer term, may be adaptable to rare earth element (REE) purification. Current REE processing already uses thermal and pyrometallurgical techniques such as vacuum distillation, molten-salt electrolysis, and fluidized-bed calcination to achieve ultra-high purities. As the demonstration advances, Focus plans to collaborate with Canadian research institutions (e.g. the National Research Council of Canada) to explore how its electrothermal technology could apply to selective impurity removal and de-oxidation in REE flowsheets, potentially opening new avenues for clean, domestic processing of strategic materials.
Qualified Person
Dr. Joseph Doninger, Focus Graphite’s Director of Technology and Manufacturing is the Qualified Person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects – has reviewed and approved the technical content of this news release. Dr. Doninger is the developer and co-developer of a number of U.S., European and Canadian patents related to carbon processing methodologies and processing equipment. Also, a chemical engineer, Dr. Doninger is the author and co-author of some two dozen technical papers and studies related to graphite composite anodes; carbon-based materials for electrochemical energy storage systems; advanced graphite for Lithium-ion batteries and other related publications.
About the Global Partnerships Initiative (GPI)
Administered by Natural Resources Canada (NRCan), The GPI program fosters international collaboration on critical mineral development and technology deployment that enhance Canada’s leadership in sustainable resource processing, value-added manufacturing and supply-chain security.
About Thermal & Material Engineering Center LLC (TMEC)
TMEC is a leading engineering company specializing in the development and implementation of innovative, science-driven technologies in thermal engineering, thermal processing, chemical catalysis, and materials science. TMEC serves industrial enterprises and research laboratories worldwide.
TMEC’s base spans across the EU (Belgium, France, Ireland, Poland, Slovenia), North America (the U.S., Canada), and Australia.
As of today, TMEC offers a wide range of engineering services, including laboratory research, prototype validation, the design of laboratory and industrial equipment, and the implementation of technological solutions in various industries.
BEACONS fast-tracks energy storage innovation to reclaim domestic authority, closing critical battery technology and manufacturing excellence gaps. Its IP-secure prototyping facilities deliver trusted results, helping companies scale faster, build resilient supply chains, and bolster national security.
Based at The University of Texas at Dallas, BEACONS works with U.S. companies to drive transformative energy storage solutions essential to defense, industry growth, and economic stability from mining to cells to systems.
Supported by the Department of War’s Office of Industrial Base Policy and its Manufacturing Capability Expansion and Investment Prioritization (MCEIP) office, BEACONS plays a key role in the Pathfinder program, accelerating the adoption of new technologies, onshore manufacturing capabilities, and workforce readiness to strengthen America’s energy leadership.
American Energy Technologies Co. (AETC) is a woman-owned, privately-held business which conducts operations out of the greater Chicago area. In its Wheeling, IL facility, AETC operates three business units: a manufacturing plant making battery-ready graphite and carbon materials, a pilot demonstration facility for battery materials and graphite dispersions, and a fully functional applications laboratory supporting the above business units.
AETC works with industrial partners and manufacturing groups worldwide, including the U.S. Department of War, to ensure materials meet performance standards and strategic requirements. Their facilities are equipped for testing, downstream processing, AI-driven manufacturing and carbon material development.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Focus Graphite’s flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.
Focus Graphite’s Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, they go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Focus Graphite’s commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals – reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits and potential outcomes of the Global Partnerships Initiative (“GPI”) funding award; the design, construction, and commissioning of the Company’s proposed electrothermal purification demonstration facility; the timing, scope, and success of collaborations with the Thermal & Material Engineering Center LLC (“TMEC”) of Ukraine, the University of Texas at Dallas’s BEACONS battery prototyping facility, and American Energy Technologies Co. (“AETC”); the ability of these partnerships to achieve stated technical, engineering, or commercial objectives; and the possible adaptation of the Company’s electrothermal technology to rare earth element purification. Forward-looking information also includes statements regarding the Company’s expectations concerning the scalability, cost-effectiveness, environmental performance, and commercial viability of its purification process; its ability to advance into future project phases or secure additional funding; the establishment of potential downstream or offtake partnerships; and the positioning of the Lac Knife and Lac Tetepisca projects as contributors to North American and allied critical-mineral supply chains.
All such forward-looking information involves known and unknown risks, uncertainties, and other factors-many of which are beyond the Company’s control-that may cause actual results, performance, or achievements to differ materially from those expressed or implied by the statements herein. Such factors include, but are not limited to, uncertainties relating to regulatory approvals, geopolitical events (including the ongoing conflict in Ukraine), supply-chain disruptions, inflationary pressures on capital expenditures, access to skilled labor and materials, fluctuations in graphite and energy markets, the ability to maintain project timelines, and the performance of third-party contractors and partners. There can be no assurance that anticipated technical milestones or commercial outcomes will be realized as planned, or at all.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce that its Lac Knife graphite anode material has successfully passed Phase I battery validation testing, conducted by both Charge CCCV LLC (“C4V”) and American Energy Technologies Company (“AETC”). The concurrent, independent U.S. laboratory test programs confirmed that Lac Knife natural graphite achieved near-theoretical electrochemical capacity (~371 mAh/g), demonstrating high purity, crystallinity, and strong suitability for lithium-ion battery anode applications. The successful completion of these evaluations represents a major milestone toward commercial-scale qualification within C4V’s global supply-chain program and future OEM-level validation.
The testing was conducted using material refined at AETC under Focus’s direction. AETC performed control testing based on its established parameters for Focus’s graphite, while C4V carried out independent validation through its proprietary Digital DNA™ (“DDNA“) program, which applies industry-standard cell performance benchmarks. Despite minor variations inherent to coin-cell assembly and laboratory calibration, both laboratories confirmed that Focus’s Lac Knife material exceeded internal baseline qualification thresholds. Based on these results, C4V has advanced the material to Phase II of its qualification program, which includes pouch-cell fabrication and large-format validation for commercial-scale evaluation. In parallel, Focus plans to explore additional large-format testing initiatives with AETC to further assess scalability and performance consistency.
Under identical test conditions, Focus’s natural graphite (lot number GN250619002) was compared to C4V’s baseline synthetic graphite reference material. The Focus sample achieved a first-cycle discharge capacity of approximately 373 mAh/g-essentially reaching the theoretical maximum for graphite-while exhibiting good stability. Although electrode density and long-cycle performance were modestly lower than the baseline, the material surpassed C4V’s qualification benchmarks, confirming its readiness for large-format pouch-cell validation-a more accurate and scalable measure of performance using a semi-automated testing platform that directly correlates with electric-vehicle (“EV“) and energy-storage-system (“ESS“) cell designs required by original equipment manufacturers (“OEMs“).
The Company previously demonstrated strong lithium-ion battery performance from its Lac Knife material; however, these independently verified, third-party results now supersede earlier findings and establish a modern, industry-standard baseline that will support future offtake qualification and commercial evaluation.
“These results validate the quality of our Lac Knife graphite and its suitability for next-generation anode production,” said Dean Hanisch, CEO of Focus Graphite. “Having both AETC and C4V confirm the material’s strong performance gives us confidence as we move into pouch cell testing – the next step toward commercial readiness.”
“C4V is pleased to see Focus Graphite’s Lac Knife material successfully complete our Phase 1 validation process under our DDNA program,” said Baasit Ali, VP Supply Chain at C4V. “The material has demonstrated strong electrochemical validation and purity characteristics that align well with our high-performance anode requirements. We look forward to advancing into pouch cell fabrication and validation, which will provide a clearer picture of its scalability for EV and ESS applications.”
Next Steps
Fabrication and testing of pouch cells using Focus’s Lac Knife graphite by C4V
Long-term cycling and safety validation under C4V’s DDNA qualification program
Subsequent scaling to large-format cell testing with industry partners for commercial qualification
Focus Graphite’s continued collaboration with C4V and AETC underscores its commitment to establishing a North American supply of high-performance, ESG-compliant graphite anode material, supporting the energy transition and critical minerals independence objectives shared by both Canada and its allies. The Company will continue to prioritize dual-use battery initiatives serving both civilian and defense-sector applications.
About Charge CCCV LLC (C4V™).
C4V™ is a lithium-ion battery technology company possessing critical insights related to the optimum performance of lithium-ion batteries and Gigafactory’s. C4V’s discoveries have been fruitful in vastly extending battery life, safety and charge performance, however more important is the Gigafactory offering that allows emerging countries to establish their own robust manufacturing ecosystem. C4V works with industry-leading raw material suppliers and equipment supply chain to bring to market fully optimized batteries possessing key economic advantages providing the ultimate “best in class” performance for various applications and end- to-end solutions to produce them on a Gigawatt hour scale. With its unique and innovative business model C4V is rapidly gearing towards 100+GWh of cell production capacity globally by 2032 and its Digital DNA Supply Chain solution ensures materials meet the highest industry standards for performance and reliability.
American Energy Technologies Co. (AETC) is a woman-owned, privately-held business which conducts operations out of the greater Chicago area. In its Wheeling, IL facility, AETC operates three business units: a manufacturing plant making battery-ready graphite and carbon materials, a pilot demonstration facility for battery materials and graphite dispersions, and a fully functional applications laboratory supporting the above business units.
AETC works with industrial partners and manufacturing groups worldwide, including the U.S. Department of War, to ensure materials meet performance standards and strategic requirements. Their facilities are equipped for testing, downstream processing, AI-driven manufacturing and carbon material development.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.
Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals – reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits of the Company’s recent battery testing results; the advancement of Focus Graphite’s Lac Knife graphite anode material through C4V’s multi-phase validation process; the potential performance of the material in future pouch cell, large-format, or commercial-scale testing; and the possible qualification of the material within original equipment manufacturer (OEM) supply chains. Forward-looking information also includes statements about the Company’s objectives to expand downstream partnerships, strengthen its technology development and commercialization initiatives, and position its Lac Knife and Lac Tetepisca projects as key contributors to North America’s graphite supply chain and energy-transition ecosystem.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“), is pleased to announce the appointment of Mr. Jean-Francois Perrault as Strategic Advisor. A highly respected Quebec-based capital markets executive, Mr. Perrault will provide strategic and financial guidance as Focus advances its flagship Lac Knife and Lac Tetepisca graphite projects towards mine permitting and development.
Mr. Perrault brings more than 30 years of experience in merchant banking, capital markets, and investment banking. He is currently Managing Partner at Pavilion Capital Advisers, a capital markets and alternative asset advisory firm serving both public and private enterprises.
Previously, he served for 16 years, until 2025, as Managing Director, Corporate Finance at Leede Financial Inc., where he led numerous public and private placement financings for emerging and established Canadian issuers. Earlier, he held senior corporate finance roles with Union Securities and TD Capital. At TD, he helped launch TD Capital Private Equity Partners, Canada’s first international private equity fund of funds.
In addition to his corporate leadership experience, Mr. Perrault serves on the TSX Venture Exchange’s Local Advisory Committee (Eastern Canada), providing guidance on capital formation and venture market growth. He holds a Bachelor of Arts in Economics from McGill University and an MBA from Concordia University.
Jean-Francois Perrault, commented “I’m delighted to join Focus Graphite as a Strategic Advisor. Quebec has long been a leader in metals and mining, supported by deep capital markets expertise, a skilled workforce, and strong government engagement. Focus Graphite’s assets are ideally positioned to benefit from this ecosystem at a time when North America is seeking to reduce its dependence on China for critical minerals. I look forward to leveraging my network and experience to help guide the Company through its next stage of financing and development.”
Dean Hanisch, CEO of Focus, stated “As Focus Graphite advances toward permitting and development, we’re assembling a team with the experience and relationships needed to succeed. Jean-Francois brings over 30 years of experience in Quebec’s investment and brokerage community, where he is widely respected across government, institutional funds, and the mining sector. His deep roots in Quebec’s metals and mining ecosystem, combined with his capital-markets insight, will bring exceptional value as we enter this next stage of growth.”
As part of his engagement, Mr. Perrault has been granted 50,000 stock options, exercisable at C$0.60 per share for five (5) years, under the Company’s incentive stock option plan, subject to regulatory approval.
About Focus Graphite Advanced Materials Inc.
Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.
Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining – we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.
Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals – reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information regarding, among other things, the anticipated benefits of Mr. Perrault’s appointment as Strategic Advisor; his expected contributions to the Company’s strategic planning, financing, and capital markets initiatives; and Focus Graphite’s advancement toward mine permitting and development of its Lac Knife and Lac Tetepisca graphite projects. Forward-looking information also includes statements regarding the Company’s objectives to strengthen its leadership team, enhance its capital markets profile, secure project financing, and position itself as a key contributor to North America’s critical minerals supply chain and energy transition.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company’s public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
