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Focus Graphite Completes Access Road Desktop Study and Selects Preferred Route for the Lac Knife Project Preferred Access Corridor Expected to Reduce Future Infrastructure Capital Requirements and Advance Lac Knife Toward Construction Readiness

Focus Graphite Completes Access Road

Desktop Study and Selects Preferred Route for

the Lac Knife Project

Preferred Access Corridor Expected to Reduce Future

Infrastructure Capital Requirements and Advance Lac Knife

Toward Construction Readiness

Ottawa, Ontario--(Newsfile Corp. - July 14, 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 the Lac Knife Access Road Desktop Study (the "

Study

")

prepared by Norda Stelo ("

Norda

") and overseen by IOS Geosciences ("

IOS

") as part of the Company's

broader infrastructure advancement program for the Lac Knife Graphite Project ("

Lac Knife

" or the

"

Project

") located near Fermont, Quebec.

Following a comprehensive multi-criteria evaluation of three potential access road scenarios, the Study

identified Scenario 2 (CH B + M3) as the preferred route (the "

Preferred Route

"). The selected route

combines approximately 2.5 km of an existing access road corridor (CH B) with approximately 7.7 km of

the existing Mazarin Road (M3), creating a practical and efficient connection between the realigned

Highway 389, currently under construction, and the future mine site. The recommendation was

unanimously supported following a joint technical review conducted by Norda, IOS, and Focus.

The Preferred Route maximizes the use of existing transportation corridors while minimizing

environmental disturbance, permitting complexity, construction timelines, and stakeholder impacts. By

leveraging existing infrastructure and the Highway 389 realignment, the selected corridor significantly

reduces new road construction requirements relative to historical development assumptions, creating the

potential to lower future infrastructure capital requirements and further strengthen the Project's

development profile.

The Study forms part of the infrastructure planning activities being advanced under the Company's

recently announced Natural Resources Canada ("

NRCan

") First and Last Mile Fund ("

FLMF

") program.

As announced on June 3, 2026, Focus Graphite secured $1,378,700 in non-dilutive funding through

NRCan's FLMF program to support road and power infrastructure planning for the Lac Knife Graphite

Project in Quebec. The funding supports the engineering, environmental, permitting, and Indigenous

engagement activities required to progress both the proposed all-season access road and Hydro-

Quebec grid connection toward construction readiness.

Advancing a More Efficient Infrastructure Strategy

The identification of the Preferred Route represents another important milestone in the systematic de-

risking of the Project. Infrastructure is often one of the largest capital requirements for northern resource

developments, making access optimization a critical component of project economics and overall

development risk.

The 2023 NI 43-101 Technical Report - Feasibility Study Update, Lac Knife Graphite Project (the "

2023

Feasibility Study

"), contemplated the construction of an approximately 32 km access road connecting

the Project to the existing alignment of Highway 389. Subsequent infrastructure investments by the

Quebec Ministry of Transport and Sustainable Mobility, including the realignment of Highway 389

currently under construction, created an opportunity to significantly reduce the length of new road

construction required. This has the potential to reduce future infrastructure capital requirements while

improving the overall efficiency, constructability, and long-term development profile of the Project,

supporting Focus's long-term objective of advancing Lac Knife toward a shovel-ready development

stage.

"Strong projects are built through disciplined planning and consistent execution," said Dean Hanisch,

Chief Executive Officer of Focus Graphite. "Identifying a preferred access route is another important

milestone for Lac Knife because infrastructure decisions made today can have a meaningful impact on

future capital requirements, project economics, and execution risk. We are looking forward to acting on

these results and making the most of the 2026 field season. Every milestone strengthens the Project and

moves us closer to establishing Lac Knife as a long-term strategic source of high-quality graphite for

North American and allied supply chains."

Figure 1: Proposed Access Road, Lac Knife (Norda Stelo, 2026)

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/1963/305099_42e53e6c4418eaf9_001full.jpg

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 future development of the Lac Knife Graphite Project; the advancement of road and power

infrastructure planning activities under Natural Resources Canada's First and Last Mile Fund

program; the anticipated benefits of the preferred access corridor identified in the Study, including the

potential to reduce future infrastructure capital requirements, permitting complexity, environmental

impacts, construction timelines, and stakeholder impacts; the completion of future engineering,

environmental, geotechnical, permitting, and stakeholder engagement activities; the potential

construction and development of a permanent all-season access road and Hydro-Québec grid

connection; the timing and outcome of regulatory approvals and permitting processes; the Company's

ability to secure additional funding required to advance infrastructure and project development

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

Company's expectation that the selected access route may enhance the overall infrastructure profile,

economics, and construction readiness of the Project.

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/305099