Focus Graphite Inc. Adopts New Stock Option Plan and Announces Stock Option Grants
Website : www.focusgraphite.com TSXV: FMS; OTCQX: FCSMF; FSE: FKC
FOCUS GRAPHITE INC. ADOPTS NEW STOCK OPTION PLAN AND ANNOUNCES STOCK
OPTION GRANTS
KINGSTON , ONTARIO, June 11, 2020 – Focus Graphite Inc. (“Focus” or the "Company") (TSX-V: FMS;
OTCQX : FCSMF; FSE : FKC ), an advanced exploration company focused on the production of graphite
concentrate announced today that the Board of Directors has adopted a new 20% fixed incentive stock
option plan (the "New Plan") to replace the previous rolling stock option plan (the “Old Plan”). The
Company also announced the grant of incentive stock options under the New Plan as compensation to
its directors, officers, employees and consultants (the “New Grant”).
Pursuant to the New Plan, options entitling the purchase of an aggregate 74,787,268 common shares in
the capital of the Company (the “Shares”) may be granted to directors, officers, employees and
consultants of the Company from time to time.
Pursuant to the New Grant, options to purchase up to 36,370,000 Shares have been granted at an
exercise price of $0.05 per share. The options expire 10 June 2025. The Company is pleased to grant the
options to its management and staff as an incentive following their temporary layoff in the wake of the
COVID-19 pandemic.
The New Plan and, to the extent that the number of options granted under the New Grant exceeds the
number of options permitted under the Old Plan, the New Grant are subject to the approval of the TSX
Venture Exchange ("TSXV") and of the Disinterested Shareholders of the Corporation (as such term is
defined in the policies of the TSXV), and will be presented for approval at the Company’s upcoming
annual shareholders' meeting scheduled to be held before fiscal year end.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration comp any with an objective of producing graphite
concentrate at its wholly owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec.
In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add
shareholder value. Focus is evaluating the feasibility of producing value added graphite products including
battery-grade spherical graphite.
Focus Graphite is a technology-oriented graphite de velopment company with a vision for building long-
term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications
developer Grafoid Inc.
For more information about Focus Graphite, please visit www.focusgraphite.com .
Website : www.focusgraphite.com TSXV: FMS; OTCQX: FCSMF; FSE: FKC
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Focus Graphite Investor Contact:
Scott Anderson
Investor Relations
(858) 229-7063