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Focus Graphite Achieves up to 98.7% Carbon Concentrate Through Mechanical Processing and Activates Downstream Qualification Platform Eight-tonne pilot produces approximately 850 kg of high- grade graphite concentrate for customer testing, advanced

Focus Graphite Achieves up to 98.7% Carbon

Concentrate Through Mechanical Processing

and Activates Downstream Qualification

Platform

Eight-tonne pilot produces approximately 850 kg of high-

grade graphite concentrate for customer testing, advanced

product development and potential strategic partnerships and

offtake

Highlights

Premium Mechanical Concentrate:

Eight tonnes of Lac Knife ore were processed into

approximately 850 kg of concentrate grading up to 98.7% carbon using conventional mechanical

concentration methods alone, without chemical or thermal purification.

High-Grade Pilot Feed:

The pilot feed had an average head grade of 18.9% total carbon,

demonstrating the naturally high-grade character Lac Knife material.

Flowsheet Confirmed:

The pilot program confirmed the previously developed Lac Knife process

flowsheet, with optimization focused on increasing concentrate grade within the finer fractions

while preserving the integrity and value of the larger flake fractions.

Qualification Platform Activated:

Qualification-scale material has been produced and is now

being allocated to purification, battery-material and specialty graphite programs intended to

support customer evaluation, product validation and potential partnership and offtake pathways

across unmanned systems, defence, energy storage and industrial markets.

Ottawa, Ontario--(Newsfile Corp. - July 28, 2026) -

Focus Graphite Inc. (TSXV: FMS) (OTCQB:

FCSMF) (FSE: FKC0) (

"

Focus

" or the "

Company

"

)

, a Canadian developer of high-grade flake

graphite deposits and advanced graphite materials for battery, defence and industrial applications, is

pleased to announce the completion of its eight-tonne Pilot Processing Program (the "

Program

") using

ore from its 100%-owned Lac Knife Graphite Project ("

Lac Knife

" or the "

Project

"), located near

Fermont, Quebec. The Program was completed by SGS Canada Inc. ("

SGS

") and was previously

announced by the Company (see

March 3, 2026 Press Release

). To further support downstream product

development and customer evaluation demand, the Company expanded the Program from the originally

planned six tonnes to approximately eight tonnes of Lac Knife ore.

The pilot feed had an average head grade of 18.9% total carbon (C), as determined by LECO analysis.

Preliminary results from the Program produced approximately 850 kilograms of premium graphite

concentrate grading between 95.0% and 98.7% C by Loss on Ignition ("

LOI

") across the concentrate

size fractions. These results were achieved using mechanical concentration methods alone, without

chemical or thermal purification.

The preliminary results are consistent with, and further validate, the conventional process flowsheet

developed through the Company's earlier SGS pilot program, which formed the basis of the

2023

Feasibility Study Update

. That work demonstrated an average graphite concentrate grade of 97.8%

carbon at 90.7% total graphite recovery, providing the technical foundation for the Lac Knife Project's

planned commercial operation.

The Program also produced a qualification-scale inventory of representative graphite concentrate for

downstream product development and customer evaluation while confirming the previously developed

Lac Knife process flowsheet. Mechanical optimization remains ongoing to further improve concentrate

grades within the finer fractions while preserving the integrity and value of the larger flake fractions.

High Grade Changes the Processing Equation

Producing concentrate grading up to 98.7% C through mechanical concentration alone provides Focus

with a premium starting material before purification. The Company believes these results reflect the

inherent grade, mineralogy and quality of Lac Knife ore.

A higher-grade starting material has the potential to reduce downstream processing requirements while

expanding the range of high-value graphite products that can be economically pursued.

The results reinforce Lac Knife as the upstream foundation of Focus's broader mine-to-market graphite

platform.

Material in Hand Unlocks Qualification

The approximately 850 kilograms of concentrate produced through the Program is now being prepared

and shipped for value-added testing, product development and customer evaluation.

Representative material is the foundation of commercialization. Customers cannot qualify products,

optimize processes or evaluate performance without sufficient material for testing. Completion of the

Program removes that constraint by providing representative, qualification-scale material for customer

evaluation across multiple downstream workstreams.

Lac Knife concentrate is now being allocated to:

High-Purity Graphite:

Thermal purification targeting 99.99% C by LOI and chemical purification

targeting greater than 99.95% C by LOI.

Battery Anode Materials:

Purified micronized graphite powders, spheroidized purified graphite

("

SPG

") and coated spheroidized purified graphite ("

cSPG

"), targeting greater than 99.95% C by

LOI.

Industrial & Specialty Graphite:

Expandable and expanded graphite targeting greater than 97%

C by LOI.

These programs are intended to generate specification-driven graphite materials for customer

evaluation, product validation and commercial development.

A systematic battery materials qualification program is also underway to evaluate Lac Knife-derived

materials for conventional battery systems and higher-value lithium-ion applications, including unmanned

systems across air, land and maritime domains, electric vehicles and stationary energy storage. The

qualification-scale material produced through the Program will support ongoing development initiatives

with U.S.-based technology partners, including Charge CCCV LLC ("

C4V

") and Forge Nano Inc.

("

Forge Nano

"), as Focus advances battery anode materials and other high-value graphite products.

Successful downstream testing may support future strategic partnerships, product sales and potential

offtake opportunities. There can be no assurance that current testing or evaluation programs will result in

commercial agreements.

"The exceptional result is not simply that we achieved a concentrate grading up to 98.7% carbon-it is that

we achieved it through a conventional mechanical flowsheet, before chemical or thermal purification

even begins," said Dean Hanisch, Chief Executive Officer of Focus Graphite. "Producing a concentrate

of this quality through normal processing is unusual and demonstrates the inherent grade, liberation

characteristics and mineral quality of Lac Knife. It gives us a premium starting material that may

materially improve the downstream processing equation."

"Commercially, our biggest barrier has never been demand-it was material," said Jason Latkowcer,

Vice President of Corporate Development. "Customers can't qualify products they can't test. This

Program changes that. We now have approximately 850 kilograms of representative Lac Knife

concentrate moving through purification, battery-material development and customer evaluation

programs. That's how resources become products, products become qualified, and qualification creates

the opportunity for strategic partnerships and potential offtake. Over the coming months, representative

Lac Knife material will be shipped to customers, laboratories and technology partners across multiple

international markets, marking an important step in our commercialization strategy."

As previously announced on December 8, 2025, the Company formalized a funding agreement for up to

$14.1 million in non-repayable contributions under Natural Resources Canada's ("

NRCan

") Global

Partnerships Initiative ("

GPI

"). The funding supports Focus's electrothermal purification demonstration

system, which is intended to produce ultra-high-purity graphite and advanced graphite materials in

Canada. Representative Lac Knife concentrate produced through the Program will provide feedstock for

this government-supported initiative while also supporting the Company's broader downstream product

development and customer evaluation programs.

It should be noted that while results are consistent with expectations, they may not fully represent the

variability of the entire deposit. Focus intends to conduct larger scale testing in the future.

The Company will provide further updates as sample shipments, downstream testing and product

development activities progress.

Qualified Person

The technical content disclosed in this news release was reviewed and approved by Richard Pearce,

PE, President of Brasil Insight Capital LLC., a consultant to the Company, and a qualified person as

defined under National Instrument NI 43-101.

About Focus Graphite Advanced Materials Inc.

Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned

world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands

as one of the most advanced high-purity graphite deposits in North America, with a fully completed

feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced

materials industries.

Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and

highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are

pioneering environmentally sustainable processing solutions and innovative battery technologies,

including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery

performance and efficiency.

Our commitment to innovation ensures an eco-friendly supply chain from mine to market. Collaboration is

at the core of our vision. We actively partner with industry leaders, research institutions, and government

agencies to accelerate the commercialization of next-generation graphite materials. As a North

American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals -

reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.

For more information on Focus Graphite Inc. please visit

http://www.focusgraphite.com

LinkedIn:

https://www.linkedin.com/company/focus-graphite/

Facebook:

https://www.facebook.com/focusgraphite

X:

https://x.com/focusgraphite

Investors Contact:

Dean Hanisch

CEO, Focus Graphite Inc.

[email protected]

+1 (613) 612-6060

Jason Latkowcer

VP Corporate Development

[email protected]

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 regarding, among other things:

the interpretation of the preliminary results of the Company's Pilot Processing Program; the continued

optimization of the Lac Knife process flowsheet; the anticipated performance and characteristics of

graphite concentrate produced from the Lac Knife Graphite Project; the production of high-purity

graphite and value-added graphite materials; the allocation and use of representative graphite

concentrate for purification, battery-material development, specialty graphite applications, customer

evaluation and product validation programs; the anticipated shipment of representative material to

customers, laboratories and technology partners; the advancement of downstream product

development initiatives, including collaborations with Charge CCCV LLC ("C4V"), Forge Nano Inc.

and other technology partners; the potential development of strategic partnerships, commercial

agreements and offtake arrangements; the anticipated benefits of the Company's electrothermal

purification demonstration system supported under Natural Resources Canada's Global Partnerships

Initiative; the future development, construction and operation of the Lac Knife Graphite Project; the

Company's mine-to-market strategy; and the Company's ability to advance the commercialization of

graphite materials and secure the funding, regulatory approvals, permits and commercial

arrangements necessary to support its business objectives.

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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/306887