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Focus Graphite to Close More Financing Tranches for $4M

Focus Graphite to Close More Financing Tranches for $4M

Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) announced that following the press release dated April 4, 2016 announcing the closing of the first tranche of Focus Graphites’ private placement, Focus Graphite is in the process of closing additional tranches for maximum total gross proceeds of $4,000,000.20.

Focus Graphite Announces Two Offtake Agreements With Grafoid

Focus Graphite (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) has entered into two offtake agreements with Grafoid, a leader in graphene application development. The company stated that the agreements safeguard the security of future revenue for Focus Graphite’s Lac Knife project as well as supply for the commercialization of Grafoid’s Mesograf™ product applications.

What is Synthetic Graphite? Asbury Carbons’ Stephen Riddle Explains

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