Fundz

Focus Graphite Closes Fourth Tranche Of Financing With Alumina Partners

PRIVATESep 09, 2022

Round Type

Funding Round

KingstonEnergySustainabilityNatural ResourcesFinancial ServicesSales And Marketing

Description

KINGSTON, ON / September 9, 2022 / Focus Graphite Inc. (TSXV:FMS) (the "Company" or "Focus Graphite") announced today it has closed a fourth tranche under the previously announced equity financing facility (the "Equity Financing Facility") with Alumina Partners (Ontario) Ltd. ("Alumina"), an affiliate of New York-based private equity firm Alumina Partners, LLC.

Quick answer

Focus Graphite raised an undisclosed amount in a Funding Round round, dated September 9, 2022. 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 September 9, 2022.
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.

  • Comstock raised $375K on October 7, 2022.
  • Intersect Power raised $3.1B (Funding Round) on September 29, 2022.
  • Yotta Energy raised $1.2M (Seed) on August 30, 2022.
  • Arq raised $496K (Pre-Seed) on August 19, 2022.
  • Infinium raised an undisclosed amount (Funding Round) on October 11, 2022.
  • Horizon raised $40M (Series A) on October 4, 2022.

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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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