Focus Graphite Stock Price, News & Analysis

Focus Graphite (OTCQB: FCSMF) engaged Independent Trading Group on December 15, 2025 to provide market‑making services on TSXV and other venues with the stated objective of improving liquidity.

The ITG agreement is an initial one‑month term renewable monthly, pays CAD $5,500 per month in advance, contains no performance factors, and provides no share or option compensation; ITG held no interest in the company at signing.

The company also terminated its Marketing Services Agreement with Outside the Box Capital effective immediately after ~two months, reporting ~CAD $50,000 in marketing expenditures; an aggregate of 950,000 stock options granted Oct 17, 2025 (exercise $0.58) had not vested and were cancelled per TSXV policies.

Focus Graphite (OTCQB: FCSMF) reported follow-on purification of Lac Knife concentrate (Lot GN25073005) produced 99.9996 wt.% (5N+) carbon and an Equivalent Boron Concentration (EBC) of 2.03 ppm, below the 3 ppm nuclear-grade threshold. The chemical-free electrothermal process achieved this result in two hours.

Results support potential supply to nuclear, defence, graphene, semiconductor thermal management, and advanced materials markets and align with a non-repayable $14.1 million contribution from Natural Resources Canada under the GPI to advance scale-up.

Focus Graphite (OTCQB: FCSMF) executed a non-repayable contribution agreement with Natural Resources Canada under the Global Partnerships Initiative for up to $14,062,600 to fund its project to convert Quebec flake graphite into ultra-high-purity battery and advanced materials using electrothermal fluidized bed technology.

The funding covers ~73.6% of eligible costs; Focus will contribute $4,787,500 cash plus $250,000 in-kind. Eligible expenditures run from Oct 14, 2025 to Mar 31, 2028. The project targets pilot, commercial demonstration, and qualification volumes for defence, aerospace, energy storage, and advanced-materials markets while advancing North American supply-chain resilience.

Focus Graphite (OTCQB: FCSMF) appointed Dr. Sunho Kang as Strategic Advisor, Battery Technology & Materials on December 3, 2025.

Dr. Kang brings 26 years of battery‑materials and cell engineering experience from Apple, Samsung SDI, Volkswagen, Argonne National Laboratory and UT Austin. His advisory role covers material selection, cell design, silicon‑graphite anode development, dual‑use (defense and civilian) cell R&D, IP roadmap support, and scaling battery‑testing infrastructure.

The appointment follows a $14.1 million conditional funding announcement from Natural Resources Canada (Nov 3, 2025) for a chemical‑free electro‑thermal graphite purification demonstration plant. As part of his engagement, Dr. Kang was granted 50,000 options exercisable at C$0.60 for five years, subject to regulatory approval, and may receive cash compensation for advisory services.

Focus Graphite (OTCQB: FCSMF) appointed industry veteran Richard Pearce as Strategic Advisor to accelerate operational, purification, production, and commercial readiness for its Quebec projects.

The appointment follows a C$14.1 million conditional award from Natural Resources Canada to support Canada’s first chemical-free electro-thermal graphite purification demonstration plant. Pearce brings 30+ years of experience, prior success taking a graphite mine to commercial production, NI 43-101 QP status, and will lead ore-processing optimization and pilot programs for the Lac Knife and Lac Tetepisca projects.

Focus Graphite (OTCQB: FCSMF) commissioned WSP to complete an Air Dispersion Modelling and Dust Management Study for its 100%-owned Lac Knife project in Quebec to support the final Environmental and Social Impact Assessment (ESIA).

The Study, managed by IOS Geosciences and building on prior 2014 work, will model dust/gas dispersion from the redesigned dry-stack tailings facility, blasting, wind erosion, and dust along the 7-kilometre access road. The re-engineered TSF uses dolomitic marble to amend and encapsulate tailings and is intended to eliminate acid mine drainage.

Results are expected by February 2026 to align with submission of the revised ESIA and to address follow-up questions from Quebec's MDDELCC.

Focus Graphite (OTCQB: FCSMF) has begun a hydrogeological study at its wholly owned Lac Knife project to support a redesigned tailings system intended to eliminate acid mine drainage and complete the Environmental and Social Impact Assessment (ESIA).

The Study, led by Richelieu Hydrogeologie and managed by IOS Geosciences, will model groundwater flows and aquifer interactions with the open pit and tailings facility; results are expected by February 2026 to align with final ESIA submission. The project hosts measured and indicated resources grading 14.95% graphitic carbon, and the company has conditional NRCan approval for a $14,062,500 non-repayable contribution pending due diligence.

Focus Graphite (OTCQB: FCSMF) received conditional approval for a $14,062,500 non-repayable contribution from Natural Resources Canada under the Global Partnerships Initiative to build Canada’s first commercial electrothermal fluidized bed (EFB) graphite purification demonstration plant.

The demonstration system is being engineered with Ukraine's TMEC, uses U.S. AETC expertise, targets >99.95% C (previous tests reached 99.999%+ C), is designed for 100 kg/hour capacity, and funding can be accessed until March 2028.

Focus Graphite (OTCQB: FCSMF) announced that its Lac Knife natural graphite anode material passed Phase I validation testing by independent U.S. labs C4V and AETC on October 22, 2025. Under test (lot GN250619002) the material achieved a first-cycle discharge capacity of approximately 373 mAh/g, near theoretical graphite capacity, and exceeded C4V internal qualification benchmarks. C4V advanced the material to Phase II for pouch-cell fabrication and large-format validation; AETC will pursue additional large-format testing to assess scalability and performance consistency.