Focus Graphite Announces Closing of Flow-Through Non-Brokered Private Placement
December 29, 2017
For Immediate Release
FMS: TSX-VENTURE
Focus Graphite Announces Closing of Flow-Through
Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
OTTAWA, ONTARIO - (Marketwired – December 29, 2017) – Focus Graphite Inc. (TSX
VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“Focus” or the “Company”) is pleased
to announce a third closing of a non-brokered private placement (the “Offering”) at which it
issued an aggregate of 3,125,000 flow-through common shares of the Company (the “Flow-
Through Shares”) at a price of $0.08 per Flow-Through Share, for gross proceeds of
$250,000.
In connection with the closing of the FT Offering, the Company paid cash finder’s fees
totaling $15,000. The securities issued in connection with the closing of the FT Offering are
subject to a four-month hold period expiring on April 23, 2018.
In total, the Company has raised gross proceeds of $3,492,048 and issued a total of
43,650,600 Flow-Through Shares under the Offering, which Offering remains subject to the
final approval of the TSX Venture Exchange.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and mining company with an objective of
producing graphite concentrate at its wholly-owned Lac Knife flake graphite deposit
located 27 km south of Fermont, Québec. In a second stage, to meet Quebec stakeholder
interests of transformation within the province and to add shareholder value, Focus is
evaluating the feasibility of producing value added graphite products including battery-
grade spherical graphite.
Focus Graphite is a technology-oriented graphite mining development company with a
vision for building long-term, sustainable shareholder value. Focus also holds a significant
equity position in graphene applications developer Grafoid Inc.
For more information about Focus Graphite, please visit www.focusgraphite.com.
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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 release.
Contact:
Focus Graphite Inc.
Mr. Gary Economo
Chief Executive Officer
+1-613-241-4040
www.focusgraphite.com