Fundz

Focus Announces Increases In Financing To $5.2M

PRIVATEDec 20, 2021

Round Type

Funding Round

KingstonEnergySustainabilityNatural ResourcesFinancial ServicesSales And Marketing

Description

Focus Graphite Inc. (TSXV:FMS) (the "Company" or "Focus") announces that, further to its news release of December 14, 2021, it has increased the previously announced financing from $4,000,000 to $5,200,000 and will issue up to 57,777,778 Common Shares of the Company issued on a flow-through basis ("FT Shares") at a price (the "Issue Price") of $0.09 per FT Share (the "Offering").

Quick answer

Focus Graphite raised an undisclosed amount in a Funding Round round, dated December 20, 2021. Focus Graphite is based in Kingston, Rhode Island, United States.

How much did Focus Graphite raise?
Focus Graphite raised an undisclosed amount in a Funding Round round on December 20, 2021.
What does Focus Graphite do?
Focus Graphite Inc. is an advanced exploration company with an objective of producing flake graphite concentrate at its wholly owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec.
Where is Focus Graphite based and how big is it?
Focus Graphite is based in Kingston, Rhode Island, United States.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as Focus Graphite that raised within 45 days of this round, from Fundz verified event records.

  • Nextracker raised an undisclosed amount on February 2, 2022.
  • Colossus raised $36M (Series A) on January 18, 2022.
  • Spring Lane Capital raised an undisclosed amount on January 13, 2022.
  • Hydro Wind Energy raised $54M (Funding Round) on December 29, 2021.
  • Howard Energy Partners raised an undisclosed amount (Funding Round) on December 16, 2021.
  • Comstock raised $1.4M (Seed) on December 13, 2021.

Who to call at Focus Graphite, and when

A new round usually means Focus Graphite is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Focus Graphite, from your own LinkedIn network

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Company Information

Company

Focus Graphite

Location

Kingston, Rhode Island, United States

About

Focus Graphite Inc. is an advanced exploration company with an objective of producing flake graphite concentrate at its wholly owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value. Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite. Focus Graphite is a technology-oriented graphite development company with a vision for building long- term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc. For more information about Focus Graphite, please visit www.focusgraphite.com.

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Focus Graphite raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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