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Focus Graphite Advanced Materials Launches a Geometallurgical Flake Characterization Study at Lac Knife to Advance Mining Efficiency and Sustainability Goals

Corporate Updates

PRESS RELEASE

Focus Graphite Advanced Materials Launches a

Geometallurgical Flake Characterization Study at Lac Knife

to Advance Mining Efficiency and Sustainability Goals

February 6th, 2025

Ottawa, Ontario – Focus Graphite Inc. (TSX.V: FMS | OTCQX: FCSMF | FSE: FKC) (“Focus” or the

“Company”) is pleased to announce the commencement of a flake characterization study at its

Lac Knife graphite deposit in northern Quebec. The study, conducted by IOS Géosciences out of

Saguenay, Quebec, is the first step in Focus’s strategy towards maximizing its re source value in

the event of exploitation at its Lac Knife and Lac Tétépisca projects.

As a technology-driven company, Focus Graphite Advanced Materials is committed to leveraging

the latest available technologies to enhance resource extraction and maximize the value of its

potential products by adapting the mining operation to fulfill the d iverse needs of the various

niches of the graphite market, ensuring that its mining and processing methods are at the cutting

edge of innovation. This initiative aligns with Focus’s commitment to responsible mining

practices, complementing its green anode purification process and reinforcing its position as a

leader in sustainable graphite production.

Understanding the Flake Characterization Study

The flake characterization study employs cutting -edge imaging techniques to analyze the

distribution, size, and purity of graphite flakes directly from drill core and to integrate such

information into the resource model. The study focuses on:

• High-Resolution Optical Imaging and Image Processing: Core cuttings are mapped for

in-situ distribution of jumbo, large, medium, and small graphite flakes to enable

incorporation of estimated flake value in individual resource block models, informing

selective mining strategies.

• Advanced Analytical Tools: The study utilizes the ARTSection automated correlative

microscopy platform developed by IOS Geosciences, integrating different types of images

including circular polarization, phase contrast, and back -scattered electron images.

These images are segmented using AI-based algorithms to individualize flakes and provide

textural quantification through routine, low-cost analyses.

• Flake Size Calibration: A series of grinding and beneficiation tests are being conducted.

Concentrates will be analyzed for Carbon Content and Purity through Thermogravimetric

Analysis (TGA) to refine downstream processing approaches.

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• Environmental Characterization: The study will identify the abundance and textures of

environmentally deleterious minerals, and tests will be conducted for sulfide recovery. By

targeting high-purity zones and avoiding unnecessary disruption of non-graphitic material,

the company aims to reduce waste and minimize its environmental footprint.

• Pilot-Scale Testing: Preliminary extractions will validate the feasibility of processing high-

purity graphite at an industrial scale, ensuring optimized yield and efficiency.

Strategic Benefits of the Study

• Improve the accuracy of the block model, enabling lower cut-off grades.

• Enhance efficiency of graphite extraction and processing, reducing operational costs and

environmental impact.

• Strengthen Focus Graphite Advanced Materials' position as a provider of premium, high -

grade graphite tailored for niche applications such as energy storage, aerospace, and

defense.

• Support sustainable resource development and responsible stewardship of high -purity

flake graphite.

• Demonstrate the Company’s commitment to technological advancements in mineral

exploration and processing.

Executive Commentary

Dean Hanisch, CEO of Focus Graphite Advanced Materials, emphasized the importance of the

study in advancing the company’s sustainability goals and technological leadership as well as

creating mining flexibility:

“Our flake characterization study is a critical component of Focus’s commitment to responsible

mining, efficiency, and innovation. By applying the latest mineralogical analysis technologies, we

can optimize extraction while reducing environmental impact, ensuring our resources are utilized

to their fullest potential. This knowledge will help Focus should it decide to initially operate a

smaller-scale mining operation where it can fulfill smaller off-takes or orders and mine efficiently

to meet the orders based on flake size needs for various applications. This flexibility allows for a

potentially smaller initial footprint, enabling the Company to maintain strong margins should it

choose to start slow and scale up as demand increases.”

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,

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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 from mine to 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. As a proud Canadian company, we are dedicated to contributing to North

America’s secure and sustainable critical minerals supply chain.

For more information on Focus Graphite Inc. please visit https://focusgraphite.com/

Investors Contact:

Dean Hanisch

CEO, Focus Graphite Inc.

[email protected]

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 Company’s plans to advance its Lac Knife and Tétépisca projects through permitting, resource

development, and commercialization efforts; the anticip ated completion of an updated NI 43 -101

Mineral Resource Estimate for Tétépisca; the potential for Lac Knife to become a key supplier of high -

purity flake graphite; the Company’s ability to secure off -take agreements and strategic partnerships;

the anticip ated performance and scalability of the Company’s proprietary silicon -enhanced

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spheroidized graphite technology; the expected benefits of its environmentally friendly purification

process; and the Company’s positioning as a key player in securing North American critical mineral

supply chains.

Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or

projections set out in forward -looking information, including, in respect of the forward -looking

information included in this press release, assumptions regarding the Company’s ability to obtain

necessary permits and approvals on anticipated timelines, the successful execution of exploration and

development programs, the viability and scalability of its proprietary graphite processing technologies,

the abi lity to attract commercial partners, and the continuation of favorable market conditions for

graphite demand in energy storage, electric vehicles, and other advanced industrial applications.

Although forward -looking information is based on reasonable assumptions made by the Company’s

management, there can be no assurance that any forward -looking information will prove to be

accurate. Forward -looking information involves known and unknown risks , uncertainties, and other

factors which may cause actual results, performance, or achievements to be materially different from

any future results, performance, or achievements expressed or implied by such forward -looking

information. Such factors include, among others, risks related to permitting and regulatory approvals;

delays or challenges in the exploration, development, or commercialization of the Company’s projects

and technologies; changes in graphite market demand and pricing; technological and ope rational

challenges in scaling up proprietary processing technologies; financing risks; and the general risks

inherent in the exploration and development of mineral deposits.

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.

The TSX Venture Exchange and OTCQX have not reviewed, approved, or disapproved the contents of

this press release.