Focus Graphite Stock Price, News & Analysis

Focus Graphite (FCSMF) has established a dedicated U.S. storage and shipping facility for graphite samples in Sarasota, Florida. This strategic move aims to enhance accessibility of their high-grade graphite materials for U.S.-based clients in defense, energy, and battery sectors.

The facility will support ongoing engagements with the U.S. Department of Energy (DOE), Department of Defense (DOD), battery anode producers, and military contractors. This initiative aligns with recent U.S. government policies, including a new Executive Order focused on increasing American mineral production and reducing dependence on foreign sources.

The company's Lac Knife Project in Québec, featuring one of the highest-grade graphite deposits globally with a 27-year mine life, positions Focus Graphite to support North America's growing graphite demand. This development follows the International Trade Commission's preliminary determination that Chinese low-cost graphite exports have hindered domestic industry growth.

Focus Graphite (TSXV:FMS)(OTCQB:FCSMF) has completed its non-brokered private placement, raising total gross proceeds of $515,000 through two tranches. The second tranche, closed on March 7, 2025, raised $50,000 by issuing 500,000 units at $0.10 per unit.

Each unit comprises one common share and one non-transferable warrant. The warrants allow holders to purchase additional common shares at $0.20 per share within 36 months of issuance. Securities have a hold period until July 8, 2025.

The company will use the net proceeds for maintaining existing operations, general working capital, and funding its new strategic direction in battery technology and advanced materials development.

Focus Graphite (FCSMF) has completed the first tranche of its non-brokered private placement, issuing 4,650,000 units at $0.10 per unit for gross proceeds. Each unit comprises one common share and one non-transferable warrant, with each warrant allowing the purchase of one additional share at $0.20 within 36 months.

The securities will have a four-month hold period until June 29, 2025. The company plans to use the proceeds for maintaining existing operations and general working capital, including funding its new strategic direction in battery technology and advanced materials development.

Additionally, Focus Graphite has cancelled 2,950,000 stock options previously granted to directors, officers, and consultants. These options, issued on February 26, 2021, had an exercise price of $1.20 per share and were originally set to expire in February 2026.

Focus Graphite (TSX.V:FMS, OTCQB:FCSMF) has shipped 2 tons of high-purity natural flake graphite ore from its Lac Knife deposit to a US-based downstream industrial graphite and carbon processing plant. The initiative's purpose is to update Certificates of Analysis (COA) for various commercially viable mesh sizes and advanced carbon material types.

The updated certificates will reflect new developments in material applications while maintaining confidence in the proven performance of their graphite. These certificates will serve as a resource for potential clients and offtake partners across industries, showcasing Lac Knife graphite's characteristics and enabling collaboration on innovative applications.

Focus Graphite (TSXV:FMS, OTCQB:FCSMF) has announced changes to its non-brokered private placement offering, extending the closing date to February 21, 2025. The company has modified the offering terms to now include up to 5,000,000 units at $0.10 per unit, aiming to raise aggregate gross proceeds of up to $500,000.

Each unit consists of one common share and one non-transferable warrant, with each warrant allowing the purchase of one additional share at $0.20 for 36 months from issuance. The proceeds will support development activities at the company's Lac Knife and Tétépisca Projects in Quebec and general corporate purposes.

The company plans to pay finder's fees of up to 7% in cash and issue up to 7% in finder's warrants to eligible finders. All securities will have a four-month and one-day hold period, subject to TSX Venture Exchange approval.

Focus Graphite Advanced Materials (TSXV:FMS, OTCQB:FCSMF) has provided an update on its patent-pending silicon-enhanced spheroidized graphite technology for lithium-ion battery anodes. The company has pending patent applications in the United States, Canada, Europe, and South Korea.

The innovative technology incorporates multiple layers of silicon during sphere creation, unlike conventional methods that apply a single silicon coating after spheroidization. This approach addresses key challenges in silicon-enhanced anode materials, including charge-induced volume expansion and unreliable solid electrolyte interphase propagation.

Performance testing in coin cells has shown significant improvements: 4.5% silicon addition increased reversible capacity from 392 to 462 mAh/g, while 9% Si Enriched SPG boosted capacity from 530 to 605 mAh/g - a 62% increase compared to graphite alone. The company plans to validate the technology through full-scale commercial battery testing before pursuing licensing opportunities with OEMs or major battery manufacturers.

Focus Graphite has initiated a flake characterization study at its Lac Knife graphite deposit in northern Quebec, conducted by IOS Géosciences. This strategic initiative employs advanced imaging techniques and AI-based algorithms to analyze graphite flake distribution, size, and purity from drill cores.

The study encompasses several key components: high-resolution optical imaging for mapping flake distribution, advanced analytical tools using the ARTSection automated correlative microscopy platform, flake size calibration through grinding and beneficiation tests, environmental characterization to identify deleterious minerals, and pilot-scale testing for industrial validation.

The project aims to enhance mining efficiency, reduce operational costs, and minimize environmental impact. CEO Dean Hanisch highlighted that this study enables potential smaller-scale initial operations with the flexibility to scale up based on demand, while maintaining strong margins and fulfilling specific flake size requirements for various applications.

Focus Graphite (TSXV:FMS)(OTCQX:FCSMF) has announced a non-brokered private placement offering of up to 5,000,000 units at $0.10 per unit, aiming to raise gross proceeds of up to $500,000. Each unit consists of one common share and one non-transferable warrant, with each warrant allowing the purchase of one common share at $0.20 within 24 months from closing.

The offering, expected to close around February 15, 2025, will be sold to accredited investors and company insiders with a four-month hold period. No commissions or fees are associated with this financing. The proceeds will support existing operations and working capital requirements. The offering requires TSX Venture Exchange approval and satisfaction of customary closing conditions.

Focus Graphite (FCSMF) has shipped multiple drums of ore from its Tétepisca project to American Energy Technologies Company (AETC) in Illinois for downstream processing and analysis. The company has completed 74 drill holes totaling 14,900.5 meters at Tétepisca, with data to be included in an upcoming NI 43-101 Mineral Resource Estimate.

Approximately two tons of ore will be processed through AETC's state-of-the-art pilot plant to evaluate recoveries and analyze flake size, purity, and mesh quality. AETC's Wheeling facility features advanced grinding, sizing, and processing equipment, along with high-temperature graphite-refining reactors.

The Tétepisca testing aims to determine material production capabilities and processing performance. This follows Focus Graphite's earlier success with its Lac Knife project, which produces 98.2 wt%TGC mine-gate product and has demonstrated strong battery testing results.