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Focus Graphite Advanced Materials Expands C4V Testing Program to Include Cathode Applications Using Spheronization Residue The Company aims to repurpose graphite shavings and fines generated during anode materials production

Metallurgy & Processing

PRESS RELEASE

Focus Graphite Advanced Materials Expands C4V Testing Program

to Include Cathode Applications Using Spheronization Residue

The Company aims to repurpose graphite shavings and fines generated during anode materials production

for use in cathodes, eliminating waste and enabling a secondary value-added product stream.

April 23rd, 2025

Ottawa, ON – Focus Graphite Advanced Materials Inc. (TSX.V: FMS | OTCQB: FCSMF | FSE: FKC) (“Focus” or the

“Company”), is pleased to announce the expansion of its validation testing program in collaboration with U.S.-

based battery technology leader Charge CCCV (“C4V”) . The expanded program now includes evaluation

of graphite residue from the spheronization process for use in cathode applications.

This strategic development builds on Focus’ s commitment to maximizing resource efficiency , enhancing ESG

performance, and capturing additional value from its production stream. In parallel with ongoing qualification of

its spheroidized graphite for lithium-ion battery anodes, the Company is now advancing a secondary workstream

to determine whether fines and shavings - a byproduct of anode material production - can be repurposed

as conductive additives in cathode formulations.

Focus differentiates itself from many global competitors - particularly in China - by purifying its graphite prior to

spheronization. This upstream purification step ensures that residual materials retain high purity, opening the

door to higher-value downstream applications. In contrast, producers who purify post-spheronization typically

generate waste that is too contaminated for adva nced uses, relegating it to lower -margin industrial markets.

Focus’s approach not only boosts process efficiency but also enables the development of value-added products

from materials that would otherwise be discarded.

“This positions Focus as a potential leader in graphite recovery utilization,” said Dean Hanisch, CEO of Focus

Graphite. “We’re not simply reducing waste - we’re converting it into a premium product line. This initiative is

aligned with our strategy to become a high-margin supplier of specialty graphite and advanced carbon materials

for next-generation energy storage and defense sector applications.”

The same high-purity Lac Knife graphite used to produce anode -grade material will now undergo additional

particle size refinement, purification, and electrochemical testing as part of the cathode validation program with

C4V . This supports Focus’s broader zero-waste objective and enhances its potential to serve multiple segments

of the battery value chain.

“Battery manufacturing is evolving quickly, demanding both performance and accountability,” added Hanisch.

“This expanded program with C4V aims to prove that we can deliver high -end solutions for both sides of the

battery – anode and cathode – while staying true to our core values of sustainability, efficiency, and resource

optimization.”

This expanded initiative aims to demonstrate the versatility and commercial potential of Lac Knife graphite and

further aligns Focus’s operations with best-in-class ESG practices and circular economy principles. By capturing

PRESS RELEASE

value across the full production spectrum, the Company will be strategically positioned to capitalize on growth

in the global battery materials market.

About Charge CCCV (C4V)

Charge CCCV (C4V) is a lithium-ion battery technology company specializing in battery performance

optimization and gigafactory design. Based in Binghamton, New York, C4V collaborates with industry-leading

raw material and equipment suppliers to bring to market fully optimized batteries with key economic

advantages, providing best-in-class performance for various applications.

C4V has played a significant role in establishing Imperium3 New York (iM3NY), a consortium dedicated to

building a lithium-ion battery gigafactory in Endicott, New York. This initiative has garnered substantial financial

support, including a $50 million loan from Riverstone Credit Partners and $35 million in equity funding,

underscoring the confidence in C4V's technological expertise and its potential impact on the energy storage

industry.

For more information on C4V please visit https://www.chargecccv.com/

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 Tétépisca 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 processi ng 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 a chemical -free, 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 com mercialization 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

Investors Contact:

PRESS RELEASE

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 ma tters 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

Company’s collaboration with Charge CCCV (“C4V”), the performance testing and potential qualification of the

Company’s graphite residue for cathodes within C4V’s Digital DNATM platform, and the role of Focus Graphite’s

materials in strategic, defense -related, and commercial applications. It also includes statements regarding the

potential geopolitical significance of Canadian graphite supply, the Comp any's positioning as a near- and long-

term secure supplier of specialty graphite materials, and the anticipated advancement of the Lac Knife project

through the final stages of the permitting process.

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 re quired 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.