Monday, September 14, 2026
MiningNewsTerminal
Monday, September 14, 2026 Admin

FMS.V ·

Focus Graphite and C4V to Evaluate Mine-to- Anode Platform Combining Lac Knife Graphite with C4V's Green Anode Technology Program to evaluate a cleaner, lower-cost and scalable pathway for converting premium Canadian graphite into

Corporate Updates

Focus Graphite and C4V to Evaluate Mine-to-

Anode Platform Combining Lac Knife Graphite

with C4V's Green Anode Technology

Program to evaluate a cleaner, lower-cost and scalable

pathway for converting premium Canadian graphite into

finished battery-grade anode material in North America

Highlights

Mine-to-Anode Platform:

Focus and C4V have signed a non-binding Memorandum of

Understanding to evaluate an integrated pathway by combining Lac Knife's high-purity graphite

concentrate with C4V's Green Anode Technology.

Premium High-Purity Feedstock:

C4V's Green Anode Technology requires natural graphite

concentrate of approximately 98% carbon, a demanding feedstock specification that Lac Knife

has demonstrated the ability to meet through conventional flotation.

Commercialization Potential:

Successful technical validation would establish the foundation for

definitive commercial agreements involving technology licensing, downstream manufacturing,

customer qualification, strategic partnerships and potential offtake opportunities.

Advanced Materials Strategy:

The collaboration supports Focus's broader strategy to expand

beyond resource development into downstream processing, advanced materials and higher-value

segments of the North American supply chain.

Strengthening Allied Supply Chains:

The collaboration combines Canadian graphite

resources with American processing technology to support a secure, scalable and more resilient

North American battery materials supply chain.

Ottawa, Ontario--(Newsfile Corp. - August 26, 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 that it has entered into a non-binding Memorandum of Understanding ("

MOU

") with

Charge CCCV LLC ("

C4V

"), a U.S.-based battery technology company, to evaluate graphite

concentrate from Focus's 100%-owned Lac Knife Project ("

Lac Knife

" or the "

Project

") in Quebec

using C4V's proprietary automated

Green Anode Technology

("

Green Anode Technology

" or the

"

Technology

").

A North American Mine-to-Anode Platform

C4V's Green Anode Technology is designed to convert premium natural graphite concentrate directly

into finished coated spherical purified graphite ("

cSPG

") through a highly automated process designed

to reduce water and energy consumption, chemical usage and overall process complexity. Compared

with conventional processing routes involving multiple upgrading and purification stages, the Technology

is intended to provide a cleaner, more efficient pathway from graphite concentrate to finished battery-

grade anode material. C4V has successfully demonstrated the Technology at pilot scale.

C4V's broader anode-development experience includes a multi-year program focused on developing

high-performance active anode materials using high-purity natural graphite feedstock. The technology

has demonstrated successful development and qualification pathways for active anode material and

previously supported a binding offtake agreement with a globally recognized U.S. electric vehicle ("

EV

")

and battery energy storage manufacturer ("

BESS

") for U.S.-produced active anode material, subject to

specified development, production and customer-qualification conditions. The commercial pathway

ultimately did not proceed as contemplated for reasons unrelated to the technical performance of the

underlying anode technology. Focus was not a party to that arrangement.

C4V's Green Anode Technology requires a high-purity natural graphite concentrate of approximately

98% carbon, a demanding feedstock specification that Lac Knife has demonstrated the ability to meet

through conventional flotation alone. Lac Knife's ability to produce high-purity flotation concentrate has

been established through the Company's 2023 NI 43-101 Feasibility Study

1

and further validated by its

recent 8-tonne pilot-scale program

2

, announced July 28, 2026, which produced concentrate grading up

to 98.7% carbon through mechanical processing, without chemical or thermal purification.

Lac Knife is one of North America's highest-grade feasibility-stage graphite deposits. The ability to

begin downstream processing with a premium, high-purity concentrate has the potential to reduce

processing requirements, reagent and energy consumption, shorten processing times and improve

overall manufacturing efficiency. Combined with Lac Knife's favourable purification characteristics, this

provides a strong starting point for evaluating a cleaner, more efficient and potentially lower-cost

pathway to finished anode material.

Under the MOU, the parties intend to complete an evaluation Program (the "

Program

") to assess the

technical and commercial suitability of Lac Knife graphite for processing through C4V's Green Anode

Technology. The Program will examine processing performance, product consistency and

electrochemical characteristics and evaluate whether Lac Knife's feedstock advantages can translate

into a cleaner, more efficient and commercially competitive pathway from mine to finished battery-grade

anode material, supporting future customer qualification, downstream product development and potential

commercialization opportunities.

Richard Pearce, P.E., Technical Advisor to Focus Graphite, commented, "The success of any anode

manufacturing process begins with the quality of the graphite feedstock. Higher-purity concentrate has

the potential to reduce downstream processing requirements, improve manufacturing efficiency and

enhance overall product consistency. Lac Knife has demonstrated exceptional concentrate quality

through conventional flotation, making it an outstanding candidate for evaluation within C4V's Green

Anode Technology."

"For years the anode has been the weakest link in the battery supply chain, dependent on foreign

processing and heavy chemistry to reach purity," said Dr. Shailesh Upreti, Chief Executive Officer of

C4V. "Our Green Anode Technology was built to change that. C4V successfully demonstrated the

technology through an earlier natural-graphite development program that advanced through customer

qualification and ultimately supported a commercial agreement with a prominent U.S. EV and BESS

manufacturer. We are excited to build on that technical foundation with Lac Knife's exceptional graphite

concentrate and evaluate a cleaner, more efficient and scalable North American pathway to finished

battery-ready anode material."

"North America is moving quickly to secure critical mineral supply chains from raw materials through

advanced manufacturing," said Dean Hanisch, Chief Executive Officer of Focus Graphite. "C4V's

previous work has demonstrated the commercial interest that can emerge when high-quality natural

graphite is successfully advanced into finished anode material. For Focus, the opportunity is to

demonstrate that potential with Lac Knife. If successfully validated, this platform could position us for

customer qualification, strategic partnerships and potential offtake while helping build a more secure and

competitive North American anode supply chain."

Building a Higher-Value Graphite Platform

Beyond battery anode production, the collaboration also supports Focus's objective of maximizing value

across the graphite processing chain. Graphite fines and other material streams generated during

anode production may be evaluated as conductive additives for lithium iron phosphate ("

LFP

") batteries.

Previous testing by Focus and C4V demonstrated that conductive additive material produced from Lac

Knife graphite improved LFP cathode electrode density relative to baseline materials, highlighting an

additional opportunity to improve resource utilization and support the Company's broader zero-waste

development strategy.

While the Green Anode Technology evaluation is focused on battery anode materials, it represents one

component of Focus's broader advanced materials strategy. In parallel, the Company is advancing a

chemical-free electrothermal graphite purification process intended to produce ultra-high-purity graphite

for battery, defence, nuclear, aerospace, energy storage and other advanced industrial applications.

This effort is being advanced through the Company's up to $14.1 million non-repayable funding

agreement under Natural Resources Canada's ("

NRCan

") Global Partnerships Initiative ("

GPI

").

If successful, the Program could demonstrate a differentiated Mine-to-Anode pathway that aligns with

Canada's "Mine-to-Market" critical minerals strategy by converting premium Canadian graphite into

finished battery-grade anode material through a cleaner, lower-cost and scalable North American

production process. The collaboration reflects Focus's strategy of evolving from a graphite developer

into an integrated advanced materials company participating across the battery value chain.

Subject to successful technical validation and the execution of definitive agreements, the Program could

provide a foundation for expanded commercial collaboration, including technology licensing,

downstream manufacturing, customer qualification, strategic partnerships and potential long-term offtake

arrangements. The MOU is non-binding, and any future commercial relationship between Focus and

C4V will remain subject to successful completion of the Program, definitive agreements and applicable

corporate and regulatory approvals.

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 Charge CCCV LLC

Charge CCCV LLC, commonly known as C4V, is a U.S.-based lithium-ion battery technology company

focused on battery-materials innovation, cell design, supply-chain qualification and advanced battery-

manufacturing ecosystems. C4V's platforms include battery-material evaluation, Digital DNA

qualification, and technology pathways designed to support cleaner and more secure battery supply

chains.

For more information on C4V, please visit

https://www.chargecccv.com

.

About Focus Graphite Inc.

Focus Graphite is building an integrated graphite platform to supply the industries shaping the future.

Through the development of world-class graphite resources, advanced processing technologies and

higher-value advanced materials, the Company is positioning itself to support battery, defence,

advanced manufacturing and other strategic industries across North America and allied markets.

The platform is anchored by the Company's two 100%-owned graphite assets in Quebec. Lac Knife is

one of North America's highest-grade feasibility-stage graphite deposits, while Lac Tetepisca is one of

the largest identified graphite resources globally. Together with strategic technology partnerships and

government-supported innovation initiatives, these assets provide the foundation for a secure, scalable

and increasingly integrated graphite supply chain.

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 proposed evaluation program contemplated under the non-binding Memorandum of

Understanding between Focus Graphite Inc. and Charge CCCV LLC ("C4V"); the evaluation of Lac

Knife graphite concentrate within C4V's Green Anode Technology platform and related downstream

processing and battery validation activities; the anticipated scope, results and potential benefits of the

proposed evaluation program; the potential production and evaluation of coated spherical purified

graphite ("cSPG") and other higher-value graphite products; the suitability of Lac Knife graphite for

processing through C4V's Green Anode Technology and the achievement of anticipated technical,

performance or commercial outcomes from the Program; the potential benefits associated with

utilizing high-purity Lac Knife graphite concentrate as feedstock for downstream anode processing,

including potential reductions in processing requirements, reagent and energy consumption,

processing time and manufacturing costs, and potential improvements in manufacturing efficiency

and product consistency; the potential evaluation and utilization of graphite fines and other processing

streams as conductive additives or in other battery applications; the Company's strategy to expand

beyond graphite resource development into downstream processing and advanced materials; the

advancement of the Company's electrothermal graphite purification and other downstream processing

initiatives; the potential development of an integrated North American mine-to-anode and battery

materials supply chain; the future development and advancement of the Lac Knife Graphite Project;

the potential for the Program to support future customer qualification, technology licensing,

commercialization, downstream manufacturing, strategic partnerships, supply agreements, offtake

arrangements or other commercial relationships with C4V or third parties; and the timing, scope and

results of future technical programs, commercial discussions and definitive agreements.

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.

1

https://focusgraphite.com/focus-graphite-files-lac-knife-graphite-project-feasibility-study-technical-report/

2

https://focusgraphite.com/focus-graphite-achieves-up-to-98-7-carbon-concentrate-through-mechanical-processing-and-activates-downstream-

qualification-platform/

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

https://www.newsfilecorp.com/release/311554