Focus Graphite Announces Strategic Debt Settlement with Dontech Global Inc. A Vote of Confidence in Company’s High-Purity Graphite and Cutting-Edge Technology
PRESS RELEASE
Focus Graphite Announces Strategic Debt Settlement with
Dontech Global Inc.
A Vote of Confidence in Company’s High-Purity Graphite and Cutting-Edge Technology
April 8th, 2025
Ottawa, ON – Focus Graphite Advanced Materials Inc. (TSX.V: FMS | OTCQ B: FCSMF | FSE: FKC) (“Focus” or
the “Company”), is pleased to announce a proposed debt settlement agreement (the “Debt Settlement”) with
Dontech Global Inc. (“Dontech”), a consulting firm controlled by Joseph Doninger, Focus Graphite’s Vice
President of Research and Development.
Mr. Doninger, a globally recognized expert in graphite and carbon materials with over 50 years of industry
experience, has elected to receive shares in lieu of cash compensation, underscoring his belief in the exceptional
quality and strategic value of Focus’s Lac Knife P roject and the proprietary technology he has developed with
the Company.
About Joseph Doninger
Joseph Doninger has spent a lifetime advancing graphite -based technologies and is considered one of the
pioneers in the development of battery-grade graphite. With decades of hands-on experience, including senior
roles at leading graphite and carbon compan ies worldwide, he brings unparalleled insight and technical
expertise. At Focus, he has led the research and development of its patent pending (US Patent No. 18/278,659)
silicon-enhanced spheroidized graphite, an innovative material designed to significantly boost lithium -ion
battery performance.
Why Shares Over Salary? A Powerful Endorsement
Under the agreement, Dontech Global Inc. will convert CAD$107,399.63 (US$74,707.59) in services invoiced to
Focus into 1,073,996 common shares at a deemed price of $0.10 per share, pending approval from the TSX
Venture Exchange. This move reflects not just financial alignment, but an unwavering commitment to the
Company’s mission and materials.
“I’ve worked with carbon and graphite materials for more than 50 years,” said Mr. Doninger. “When I came across
Focus’s Lac Knife graphite, I immediately knew this was the best natural flake graphite I had ever seen. That’s
why I chose to develop my silicon-enhanced spheroidized graphite technology with Focus – because it starts with
superior raw material. Combine that with the Company’s new direction of integrating innovative battery
technologies and the recent exemption of Canadian natural flake graphite from U.S. tariffs – a strategic
PRESS RELEASE
advantage given the U.S. reliance on China – and it was a clear choice for me. Taking shares instead of salary is
simply a reflection of my confidence in Focus Graphite’s future.”
A Win-Win for Innovation and Execution
Focus Graphite views this transaction as a strategic advantage. By converting debt to equity, the Company retains
more capital to advance its breakthrough technologies and accelerate project development without increasing
financial strain.
“This kind of commitment speaks volumes,” said Dean Hanisch, CEO of Focus Graphite. “Mr. Doninger and I are
very much aligned in our belief that success -based compensation is far more powerful than simply drawing a
salary. We both believe that Focus Graphite is uniquely positioned in North America to lead in the high -purity
graphite space, which is critical to national security and next-gen battery technologies. With the U.S. confirming
no tariffs on Canadian natural flake graphite, it’s not a question of ‘if’ – it’s ‘when.’ We’re right where we need to
be.”
This agreement highlights the strong belief within the Company’s leadership that Focus Graphite’s advanced
stage Lac Knife deposit – one of the world’s highest-purity and grade natural flake graphite projects – combined
with its open-platform battery anode technology, is uniquely positioned to meet North America’s rising demand
for secure, high-performance graphite materials.
About Focus Graphite 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-grade and purity graphite deposits in North America.
At Focus, we go beyond mining – we are pioneering environmentally sustainable processing solutions and
cutting-edge battery technologies, including our patent pending proprietary silicone -enhanced spheroidized
graphite technology, 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 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
PRESS RELEASE
Investors Contact:
Dean Hanisch
CEO, Focus Graphite Inc.
Jason Latkowcer, MBA
VP Corporate Development
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 n ot
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.
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 uncerta inties 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.