Focus Announces Increases In Financing To $5.2M
12/20/21, 4:15 PM
Location
kingstonFocus 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").
Company Info
Location
kingston, rhode island, united states
Additional Info
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.