Focus Graphite Completes its Previously Disclosed Non-Brokered Private Placement
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 (TSXV:FMS)(OTCQB:FCSMF) ha completato il suo collocamento privato non intermediato, raccogliendo un totale di $515.000 attraverso due tranche. La seconda tranche, chiusa il 7 marzo 2025, ha raccolto $50.000 emettendo 500.000 unità a $0,10 per unità.
Ogni unità comprende una azione ordinaria e un warrant non trasferibile. I warrant consentono ai titolari di acquistare ulteriori azioni ordinarie a $0,20 per azione entro 36 mesi dall'emissione. I titoli hanno un periodo di blocco fino all'8 luglio 2025.
L'azienda utilizzerà i proventi netti per mantenere le operazioni esistenti, il capitale circolante generale e finanziare la sua nuova direzione strategica nella tecnologia delle batterie e nello sviluppo di materiali avanzati.
Focus Graphite (TSXV:FMS)(OTCQB:FCSMF) ha completado su colocación privada no intermediada, recaudando un total de $515,000 a través de dos tramos. El segundo tramo, cerrado el 7 de marzo de 2025, recaudó $50,000 emitiendo 500,000 unidades a $0.10 por unidad.
Cada unidad comprende una acción ordinaria y una opción no transferible. Las opciones permiten a los titulares comprar acciones ordinarias adicionales a $0.20 por acción dentro de los 36 meses posteriores a la emisión. Los valores tienen un período de bloqueo hasta el 8 de julio de 2025.
La empresa utilizará los ingresos netos para mantener las operaciones existentes, capital de trabajo general y financiar su nueva dirección estratégica en tecnología de baterías y desarrollo de materiales avanzados.
포커스 그래파이트 (TSXV:FMS)(OTCQB:FCSMF)는 중개인이 없는 사모 배치를 완료하고, 두 트랜치를 통해 총 $515,000의 총 수익을 올렸습니다. 두 번째 트랜치는 2025년 3월 7일에 마감되었으며, $50,000를 조달하기 위해 500,000개의 단위를 $0.10에 발행했습니다.
각 단위는 하나의 보통주와 양도할 수 없는 워런트로 구성됩니다. 워런트는 보유자가 발행일로부터 36개월 이내에 주당 $0.20에 추가 보통주를 구매할 수 있도록 허용합니다. 증권은 2025년 7월 8일까지 보유 기간이 있습니다.
회사는 순수익을 기존 운영 유지, 일반 운영 자본 및 배터리 기술과 고급 소재 개발의 새로운 전략적 방향을 위한 자금으로 사용할 것입니다.
Focus Graphite (TSXV:FMS)(OTCQB:FCSMF) a complété son placement privé sans intermédiaire, levant un total brut de $515,000 à travers deux tranches. La seconde tranche, clôturée le 7 mars 2025, a levé $50,000 en émettant 500,000 unités à 0,10 $ par unité.
Chaque unité se compose d'une action ordinaire et d'un bon de souscription non transférable. Les bons de souscription permettent aux détenteurs d'acheter des actions ordinaires supplémentaires à $0,20 par action dans les 36 mois suivant l'émission. Les titres ont une période de blocage jusqu'au 8 juillet 2025.
L'entreprise utilisera les produits nets pour maintenir les opérations existantes, le fonds de roulement général et financer sa nouvelle orientation stratégique dans la technologie des batteries et le développement de matériaux avancés.
Focus Graphite (TSXV:FMS)(OTCQB:FCSMF) hat seine nicht vermittelte Privatplatzierung abgeschlossen und insgesamt $515.000 durch zwei Tranchen gesammelt. Die zweite Tranche, die am 7. März 2025 abgeschlossen wurde, hat $50.000 durch die Ausgabe von 500.000 Einheiten zu je $0,10 pro Einheit gesammelt.
Jede Einheit besteht aus einer Stammaktie und einem nicht übertragbaren Warrant. Die Warrants ermöglichen es den Inhabern, innerhalb von 36 Monaten nach der Ausgabe zusätzliche Stammaktien zu einem Preis von $0,20 pro Aktie zu erwerben. Die Wertpapiere unterliegen einer Haltedauer bis zum 8. Juli 2025.
Das Unternehmen wird die Nettoerlöse zur Aufrechterhaltung der bestehenden Betriebe, für das allgemeine Betriebskapital und zur Finanzierung seiner neuen strategischen Ausrichtung in der Batterietechnologie und der Entwicklung fortschrittlicher Materialien verwenden.
- Successfully completed private placement raising $515,000
- Secured funding for battery technology and advanced materials development
- Warrants provide potential additional funding at $0.20 per share
- Small raise amount ($515,000) indicates funding scope
- Dilutive financing through unit issuance at $0.10 per share
- Additional dilution possible if warrants are exercised
OTTAWA, ON / ACCESS Newswire / March 10, 2025 / Focus Graphite Inc. (TSXV:FMS)(OTCQB:FCSMF)(FSE:FKC) ("Focus" or the "Company"), announced today that on March 7, 2025 it completed its previously disclosed non-brokered private placement (the " Offering ") to raise gross proceeds of up to
The second tranche raised gross proceeds of
The Common Shares, Warrants and Warrant Shares will have a hold period of four months and one day until July 8, 2025.
With closing of the first and second tranches, the Company raised an aggregate of
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About Focus Graphite Inc.
Focus Graphite Inc. is an advanced materials company developing sustainable mining and technology innovations. At the heart of our operations is the Lac Knife flake graphite deposit, known for its high purity and grade-ideal for applications in the military, defense, and green energy revolutions. Currently advancing through Canada's mine permitting process, Focus Graphite is on the verge of transforming this resource into a viable supplier of critical mineral.
Our proprietary, environmentally sustainable processing technologies ensure a green, chemical-free pathway in the market. The Company's proprietary silicon-enhanced spheroidized graphite patent technology is aimed at improving battery performance. We specialize in producing advanced, high-purity graphite materials tailored for diverse industries, including EV batteries, military applications, and high-tech manufacturing.
Focus Graphite's commitment extends beyond resource extraction-we are actively seeking partnerships with industry leaders, academic institutions, and government bodies to try and accelerate the commercialization of advanced materials and technologies derived from our flagship project. Located in North America we are proud to contribute and help secure sustainable critical minerals supply chain that reduces dependency on foreign controlled supply.
For more information on Focus Graphite Inc. please visit https://focusgraphite.com/
Investors Contact:
Dean Hanisch
CEO, Focus Graphite Inc.
dhanisch@focusgraphite.com
613-612-6060
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.
In particular, this press release contains forward-looking information relating to, among other things, the completion of the non-brokered private placement (the "Offering"), the terms and expected closing date of the Offering, the receipt of regulatory approvals, the intended use of proceeds, and the Company's business objectives, plans, and strategies.
Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.
The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Focus Graphite, Inc.
View the original press release on ACCESS Newswire
FAQ
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