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FCI.V ·

First Canadian Announces Ticker Symbol Change ON OTC Markets to “Grapf”

Corporate Actions

FIRST CANADIAN ANNOUNCES TICKER SYMBOL CHANGE ON OTC MARKETS TO “GRAPF”

Montréal, QC – April 7, 2026 – First Canadian Graphite Inc. (TSX.V: FCI | OTC: GRAPF) (“First Canadian” or

the “Company”) announces that its common shares previously trading on the OTC Market under the ticker symbol

“GBMIF” will begin trading on the OTC Market under the ticker symbol “GRAPF” effective April 7, 2026. No

action is required by shareholders with respect to the ticker symbol changes.

ABOUT FIRST CANADIAN GRAPHITE INC.

First Canadian Graphite Inc. is a strategic critical minerals exploration company focused on expanding and developing

our high-grade graphite resource, a mineral essential for energy transition and advanced technology development.

Our flagship Berkwood graphite project is ideally positioned in a world class district near the western shore of Lac

Tétépisca, Québec, Canada. Graphite mineralization has been exposed and sampled at surface across multiple

locations where exploratory diamond drilling has defined a NI 43-101 compliant resource at Zone 1 of 1.76 million

tonnes indicated at 17% Cg plus an additional 1.53 million tonnes inferred at 16.4% Cg. In addition to the resource

at Zone 1, the property has multiple other anomalies with outcropping graphite sampled on them that host excellent

exploration upside potential.

Additionally, in early 2026, the Company greatly expanded its land position now controlling 167 km², one of the

largest claim holdings in the Tétépisca Graphite District. With substantial exploration upside remaining and over $10

million invested to date, First Canadian Graphite is advancing resource expansion efforts and progressing toward a

Preliminary Economic Assessment (PEA). The Company is well funded to advance this project further in 2026,

The Company has filed a NI 43-101 Technical Report, which includes a comprehensive Mineral Resource Estimate

for the Lac Gueret South Graphite Property (“Berkwood”). This report was prepared by Tekhne Research Inc. The

independent and qualified persons for the mineral resource estimate, as defined by NI 43-101, are Edward Lyons,

PGeo. (Tekhne Resources Inc.), Florent Baril, ing (Bumigeme Inc.) and Claude Duplessis, ing (Goldminds

Geoservices Inc.) Refer to the Company’s website at www.firstcanadiangraphite.com for the complete NI 43-101

technical report with respect to references made herein, and email updates and news.

Pessamit Innu First Nation

First Canadian Graphite respectfully acknowledges that the Berkwood Project is located within the traditional territory

of the Pessamit Innu First Nation. The Company is committed to fostering respectful, transparent, and collaborative

relationships with local Indigenous communities throughout the development process.

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Forward-Looking Statements

This press release contains forward-looking statements. These statements are based on assumptions and beliefs of

management and involve risks and uncertainties, which may cause actual results to differ materially from those

anticipated.

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:

[email protected] or 1-604-343-7740

Website: www.firstcanadiangraphite.com

Disclaimer for Forward-Looking Information: Certain statements in this document which are not purely historical are forward-looking

statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this

news release include that the Company will carry out the drill program described in this news release, conduct the Offering and expend funds on

Berkwood Graphite Project exploration. It is important to note that the Company's actual business outcomes and exploration results could differ

materially from those in such forward-looking statements. Risks and uncertainties include that further permits may not be granted timely or at all;

the mineral claims may prove to be unworthy of further expenditure; there may not be an economic mineral resource; methods we thought would

be effective may not prove to be in practice or on our claims; economic, competitive, governmental, environmental and technological factors may

affect the Company's operations, markets, products and prices; our specific plans and timing drilling, field work and other plans may change; we

may not have access to or be able to develop any minerals because of cost factors, type of terrain, or availability of equipment and technology; and

we may also not raise sufficient funds to carry out our plans. Additional risk factors are discussed in the section entitled "Risk Factors" in the

Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile

at www.sedar.com. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur,

what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain

expectations, estimates and assumptions, which may prove to be incorrect. Except as required by law, we will not update these forward-looking

statement risk factors.

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.