Focus Graphite Announces Non-Brokered Private Placements of Flow-Through Shares and Non-Flow-Through Units

Dec 23, 2022

OTTAWA, ON / ACCESSWIRE / December 23, 2022 / Focus Graphite Inc. (TSXV:FMS, Financial) (the "Company" or "Focus Graphite") announced today that it plans to complete a non-brokered private placement of up to 500,000 units (the "Units") of the Company at a price of $0.40 per Unit (the "Offering Price") for aggregate gross proceeds to the Company of up to $200,000 (the "Offering"), and up to 987,692 common shares issued on a flow-through basis (the "Flow-Through Shares") of the Company at a price of $0.65 per Flow-Through Share (the "Flow-Through Offering Price") for aggregate gross proceeds to the Company of up to $642,000 (the "Flow-Through Offering" and when referenced together with the Offering, the "Offerings").

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