First Canadian Graphite Appoints Scott Kelly As Chief Financial Officer
Rhea-AI Summary
First Canadian Graphite (TSXV:FCI / OTCQB:GRAPF) appointed Scott Kelly as Chief Financial Officer, effective April 24, 2026. Kelly brings over 20 years of senior financial experience in the resource sector, including prior CFO roles and public-company transactions.
Concurrent with his appointment, the company said that President Yingling and former CFO Jassal are no longer employed. Management changes are described as intended to strengthen executive leadership and governance as the company advances its graphite projects.
AI-generated analysis. Not financial advice.
Positive
- Appointed CFO Scott Kelly with 20+ years' resource-sector experience
- CFO track record includes IPOs, project development, and exits
- Leadership focus stated on advancing graphite projects and governance
Negative
- Concurrent departures of President Yingling and CFO Jassal
- Management turnover could create a near-term leadership transition
News Market Reaction – GRAPF
On the day this news was published, GRAPF declined 2.03%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MONTREAL, QC / ACCESS Newswire / April 24, 2026 / First Canadian Graphite Inc. (TSXV:FCI)(OTCQB:GRAPF) ("First Canadian" or the "Company") is pleased to announce that Scott Kelly has been appointed to the position of Chief Financial Officer, effective immediately.
Mr. Kelly brings over 20 years of extensive experience as a senior financial executive and director in the resource sector across North and South America. He has successfully guided public and private companies through all stages of growth, including IPOs, project development, transition to commercial production, and value-creating exit transactions.
Mr. Kelly previously served as CFO of Marlin Gold Mining Ltd. and Mako Mining Corp., as Vice President of Finance for Pediment Gold Corp., and as CFO of Ely Gold Royalties, which was later acquired by Gold Royalty Corp. He is also a co-founder of Dryden Gold Corp., where he continues to serve as Director and CFO.
"Adding Scott to the First Canadian Graphite team is another step in transforming First Canadian Graphite into a leading critical minerals producer in the North American supply chain," said John LaGourgue, Chief Executive Officer. "Scott's proven track record in financial leadership, capital markets expertise, and successful project advancement makes him the ideal person to guide our financial strategy as we advance our graphite projects and create long-term value for our shareholders. His depth of experience will be instrumental as we move into this exciting next phase of growth."
The Company also announced that, concurrent with Mr. Kelly's appointment, Mr. Yingling, President, and Mr. Jassal, Chief Financial Officer, are no longer employed with the Company. These management changes aim to strengthen the Company's executive leadership and governance structure.
On Behalf of the Board of Directors
First Canadian Graphite lnc.
Signed: "John LaGourgue"
John LaGourgue
CEO & Director
#2200 - 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8
Phone: (438) 469-0705
#1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6
Phone: (604) 343-7740
FOR MORE INFORMATION, PLEASE CONTACT:
info@firstcanadiangrahite.com or 1-604-343-7740
Website: www.firstcanadiangraphite.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.
SOURCE: First Canadian Graphite Inc
View the original press release on ACCESS Newswire