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First Canadian Graphite Inc. reports company developments tied to its Québec graphite exploration business, including updates on the Berkwood graphite project, resource expansion work, OTC ticker status, and executive leadership changes. Its news flow centers on the company’s role as a critical minerals explorer in the Tétépisca Graphite District.
Company announcements also describe the completed OTC symbol change to GRAPF, governance and management updates, and project context for graphite mineralization, Zone 1 resource work, claim holdings, and planned project-advancement activities.
First Canadian Graphite (OTCQB:GRAPF) reported an exploration update for its Lac Guéret South Project in Québec, focusing on the emerging Zone 13 graphite discovery. Surface and near-surface graphite mineralization has been confirmed along approximately 3.3 km of strike with widths over 150 m, and 46 samples have assayed up to 43.4% Cg.
The company is expanding airborne Mag-EM coverage with Prospectair, advancing preliminary metallurgical testing at Corem on four ~20 kg samples from Zone 13, Esbec and Zone 6, and preparing access, trenching and first-pass diamond drilling planned for fall 2026. Lac Guéret South also hosts a historical NI 43-101 resource at Zone 1 totaling 1.76 Mt indicated at 17% Cg and 1.53 Mt inferred at 16.4% Cg. Land holdings now exceed 200 km², with more than $10 million invested and funding indicated to advance the project through 2026.
First Canadian Graphite (TSXV:FCI, OTCQB:GRAPF) signed a collaboration agreement dated August 4, 2026 with Groupe Nipi of Pessamit and engineering firm BBA to conduct a Preliminary Environmental Assessment for the Lac Guéret South graphite project on the Nitassinan of the Pessamit Innu.
The study, billed at hourly rates, will characterize wetlands and sensitive environments, analyze surface-water physicochemistry, and seek evidence of past industrial activity to guide responsible, impact‑managed exploration and support an upcoming ATI application to Québec’s MRNF. Lac Guéret South hosts a significant new high‑grade graphite anomaly at Zone 13 with a confirmed 3.3 km strike and widths over 150 m, where 46 samples returned up to 43.4% graphitic carbon. The project also contains a historical NI 43‑101 mineral resource at Zone 1 of 1.76 Mt indicated at 17% Cg and 1.53 Mt inferred at 16.4% Cg. The company controls more than 200 km² of claims in the Lac Guéret district, has invested over $10 million to date, and reports sufficient funding to advance the project toward a Preliminary Economic Assessment through 2026.
First Canadian Graphite (TSXV:FCI, OTCQB:GRAPF) received regulatory approval for a July 15, 2026 property option agreement, amended July 29, 2026, granting the right to earn a 100% interest in 51 contiguous mining claims in Northern Quebec. To earn this interest, the company will pay $30,000 in cash, issue 1,200,000 common shares at a deemed C$0.40 per share, and fund $500,000 in exploration by the third anniversary, alongside staged share issuances tied to each anniversary.
The company also agreed to milestone bonuses of $100,000 on completion of a PEA, $250,000 on a feasibility study, and $500,000 on commercial production. According to First Canadian Graphite, Lac Guéret South hosts a historical NI 43-101 resource at Zone 1 and recent high-grade graphite discoveries, with over $10 million invested, a land position exceeding 200 km², and funding to advance the project toward a PEA through 2026.
First Canadian Graphite (OTCQB:GRAPF, TSXV:FCI) reported Phase I Beep Mat prospecting assays from Zone 13 at its Lac Guéret South Project in Québec, with 46 grab samples returning graphitic carbon grades up to 43.4% Cg. Fourteen samples (about 30%) exceeded 20% Cg, and additional high-grade values included 42.3%, 41.9% and 32.0% Cg.
According to FC graphite, Phase II will extend Beep Mat prospecting across the rest of Zone 13 and Zone 6, add outcrop sampling at Esbec, and include due diligence visits to Zones 3 and 4. The project hosts a historical NI 43-101 resource at Zone 1 and covers 167 km², with over $10 million invested and funding indicated for work through 2026.
First Canadian Graphite (OTCQB:GRAPF, TSXV:FCI) has completed Phase I exploration on its new Zone 13 discovery at the Lac Guéret South Project in Québec, confirming graphite mineralization over a 3.3 km strike within a kilometre-scale electromagnetic conductor. Field work included systematic mapping, prospecting and 46 grab samples, which have been sent to ALS Global for expedited assaying.
The company has also expanded its land position by staking claims to the east and signing a July 15, 2026 option agreement with two local prospectors to earn a 100% interest in 51 contiguous mining claims in Northern Quebec. Consideration includes $30,000 cash, 1,200,000 common shares at a deemed price of $0.40 and at least $500,000 in exploration expenditures by the third anniversary, plus milestone bonuses of $100,000 for a PEA, $250,000 for a feasibility study and $500,000 on commercial production. If fully exercised, this option would increase the land package to 2,707.21 ha. Phase II fieldwork is planned for early August and will support drill targeting for a late‑fall 2026 diamond drilling campaign.
First Canadian Graphite (TSXV:FCI, OTCQB:GRAPF) has appointed Anthony (Tony) La Mantia, ICD.D, to its Advisory Board. La Mantia is a veteran C‑suite executive with over 40 years’ experience in corporate development, investment attraction, governance, and economic development, including mining-sector experience at Largo Resources.
He currently serves as President and CEO of Waterloo Region Economic Development Corporation, which he led to over $4 billion in new investment and more than 6,200 jobs, and previously held senior roles in Ontario’s economic development ministry. The Advisory Board will have up to three independent members providing non-binding strategic advice on government relations, capital markets, and mining operations for the company’s Québec graphite assets, without decision-making authority or fiduciary duties.
First Canadian Graphite (OTCQB:GRAPF, TSXV:FCI) granted 2,300,000 stock options to directors, officers and consultants under its 2026 Omnibus Share Incentive Plan approved on July 7, 2026. The options have a 10-year term, a $0.50 exercise price, vest 25% every six months, and are subject to a four-month-plus-one-day hold period. The plan is designed to align incentive compensation with the company’s long‑term objectives and complies with TSX Venture Exchange Policy 4.4.
First Canadian Graphite (OTCQB:GRAPF) reported results of its July 7, 2026 annual and special meeting. Shareholders representing 16,292,900 shares (about 36.23% outstanding) voted.
Five directors were elected, Smythe LLP was reappointed auditor, a 2026 Omnibus Share Incentive Plan was approved, and officers and key board committees were confirmed.
First Canadian Graphite (OTCQB:GRAPF) reported discovery of visible high-grade graphite at surface in Zone 13 at the Lac Guéret South project in Québec.
The occurrence lies within a previously unexplored EM conductor about 3.8 km long and up to 625 m wide, with a continuous conductor traced over 3,157 m. Field crews are mapping, sampling and defining drill targets, with assay results and bulk metallurgical tests pending.
First Canadian Graphite (OTCQB:GRAPF) has mobilized field crews to its flagship Lac Guéret South Project in Québec’s Côte-Nord region, launching the 2026 exploration program focused on high-priority EM conductors.
Work targets the new kilometre-scale Zone 13 anomaly and Zones 1, 4, and 6, where previous drilling intersected high-grade graphite. Activities include Beep Mat ground-truthing, prospecting, mapping, grab sampling, and structural analysis to guide mechanical stripping, channel sampling, and a planned late fall 2026 diamond drilling and maiden or expanded resource program.