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Focus Graphite's Lac Knife Material Passes C4V Validation Testing, Advances to Next- Stage Battery Qualification Independent U.S. laboratories confirm Phase I battery performance, paving the way for pouch cell and OEM-scale

Corporate Updates

Focus Graphite's Lac Knife Material Passes

C4V Validation Testing, Advances to Next-

Stage Battery Qualification

Independent U.S. laboratories confirm Phase I battery

performance, paving the way for pouch cell and OEM-scale

testing

Ottawa, Ontario--(Newsfile Corp. - October 22, 2025) -

Focus Graphite Inc. (TSXV: FMS) (OTCQB:

FCSMF) (FSE: FKC0)

("

Focus

" or the "

Company

"), a leading developer of high-grade flake graphite

deposits and innovator of next-generation lithium-ion battery technology, is pleased to announce that its

Lac Knife graphite anode material has successfully passed Phase I battery validation testing, conducted

by both Charge CCCV LLC

("C4V")

and American Energy Technologies Company

("AETC")

. The

concurrent, independent U.S. laboratory test programs confirmed that Lac Knife natural graphite

achieved near-theoretical electrochemical capacity (~371 mAh/g)

,

demonstrating high purity, crystallinity

,

and strong suitability for lithium-ion battery anode applications. The successful completion of these

evaluations represents a major milestone toward commercial-scale qualification within C4V's global

supply-chain program and future OEM-level validation.

The testing was conducted using material refined at AETC under Focus's direction. AETC performed

control testing based on its established parameters for Focus's graphite, while C4V carried out

independent validation through its proprietary Digital DNA™ ("

DDNA

") program, which applies industry-

standard cell performance benchmarks. Despite minor variations inherent to coin-cell assembly and

laboratory calibration, both laboratories confirmed that Focus's Lac Knife material exceeded internal

baseline qualification thresholds. Based on these results, C4V has advanced the material to Phase II of

its qualification program, which includes pouch-cell fabrication and large-format validation for

commercial-scale evaluation. In parallel, Focus plans to explore additional large-format testing initiatives

with AETC to further assess scalability and performance consistency.

Under identical test conditions, Focus's natural graphite (lot number GN250619002) was compared to

C4V's baseline synthetic graphite reference material. The Focus sample achieved a first-cycle

discharge capacity of approximately 373 mAh/g-essentially reaching the theoretical maximum for

graphite-while exhibiting good stability. Although electrode density and long-cycle performance were

modestly lower than the baseline, the material surpassed C4V's qualification benchmarks, confirming its

readiness for large-format pouch-cell validation-a more accurate and scalable measure of performance

using a semi-automated testing platform that directly correlates with electric-vehicle ("

EV

") and energy-

storage-system ("

ESS

") cell designs required by original equipment manufacturers ("

OEMs

").

The Company previously demonstrated strong lithium-ion battery performance from its Lac Knife

material; however, these independently verified, third-party results now supersede earlier findings and

establish a modern, industry-standard baseline that will support future offtake qualification and

commercial evaluation.

"These results validate the quality of our Lac Knife graphite and its suitability for next-generation anode

production," said Dean Hanisch, CEO of Focus Graphite. "Having both AETC and C4V confirm the

material's strong performance gives us confidence as we move into pouch cell testing - the next step

toward commercial readiness."

"C4V is pleased to see Focus Graphite's Lac Knife material successfully complete our Phase 1

validation process under our DDNA program," said Baasit Ali, VP Supply Chain at C4V. "The material

has demonstrated strong electrochemical validation and purity characteristics that align well with our

high-performance anode requirements. We look forward to advancing into pouch cell fabrication and

validation, which will provide a clearer picture of its scalability for EV and ESS applications."

Next Steps

Fabrication and testing of pouch cells using Focus's Lac Knife graphite by C4V

Long-term cycling and safety validation under C4V's DDNA qualification program

Subsequent scaling to large-format cell testing with industry partners for commercial qualification

Focus Graphite's continued collaboration with C4V and AETC underscores its commitment to

establishing a North American supply of high-performance, ESG-compliant graphite anode material,

supporting the energy transition and critical minerals independence objectives shared by both Canada

and its allies. The Company will continue to prioritize dual-use battery initiatives serving both civilian and

defense-sector applications.

About Charge CCCV LLC (C4V™).

C4V™ is a lithium-ion battery technology company possessing critical insights related to the optimum

performance of lithium-ion batteries and Gigafactory's. C4V's discoveries have been fruitful in vastly

extending battery life, safety and charge performance, however more important is the Gigafactory

offering that allows emerging countries to establish their own robust manufacturing ecosystem. C4V

works with industry-leading raw material suppliers and equipment supply chain to bring to market fully

optimized batteries possessing key economic advantages providing the ultimate "best in class"

performance for various applications and end- to-end solutions to produce them on a Gigawatt hour

scale. With its unique and innovative business model C4V is rapidly gearing towards 100+GWh of cell

production capacity globally by 2032 and its Digital DNA Supply Chain solution ensures materials meet

the highest industry standards for performance and reliability.

For more information on C4V please visit

http://www.chargecccv.com

About American Energy Technologies Co. (AETC).

American Energy Technologies Co. (AETC) is a woman-owned, privately-held business which conducts

operations out of the greater Chicago area. In its Wheeling, IL facility, AETC operates three business

units: a manufacturing plant making battery-ready graphite and carbon materials, a pilot demonstration

facility for battery materials and graphite dispersions, and a fully functional applications laboratory

supporting the above business units.

AETC works with industrial partners and manufacturing groups worldwide, including the U.S. Department

of War, to ensure materials meet performance standards and strategic requirements. Their facilities are

equipped for testing, downstream processing, AI-driven manufacturing and carbon material

development.

For more information on AETC please visit

https://www.usaenergytech.com

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 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

LinkedIn:

https://www.linkedin.com/company/focus-graphite/

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 anticipated benefits of the Company's recent battery testing results; the advancement of Focus

Graphite's Lac Knife graphite anode material through C4V's multi-phase validation process; the

potential performance of the material in future pouch cell, large-format, or commercial-scale testing;

and the possible qualification of the material within original equipment manufacturer (OEM) supply

chains. Forward-looking information also includes statements about the Company's objectives to

expand downstream partnerships, strengthen its technology development and commercialization

initiatives, and position its Lac Knife and Lac Tetepisca projects as key contributors to North

America's graphite supply chain and energy-transition ecosystem.

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/271425