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Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) announced the closing of the second and final tranche of a non brokered private placement (the “Offering”) for gross proceeds of approximately $487,324.
Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) and Grafoid Inc. have finalized two 10 year offtake agreements for the Lac Knife Graphite concentrate, located in Quebec
What exactly is graphite? And in today’s tough markets, can investors really make a profit from graphite investing? Here are some brief answers to those questions and more.
Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) announced today the closing of the first tranche of a non-brokered private placement for gross proceeds of $429,829. Focus Graphite is expecting to move forward with the closing of a second tranche for a total gross proceeds of up to $2-million.
Focus Graphite (OTCMKTS:FCSMF,TSXV:FMS) has issued a news release to clarify certain prior disclosure statements regarding its Lac Knife project. A review of Focus’s continuous disclosure record was conducted by the Ontario Securities Commission under the 51-312 Harmonized Continuous Disclosure Review Program.
Jay Currie of Resource Wire recently published an article that looked at Focus Graphite’s (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) recent offtake agreements with Grafoid Inc. Currie interviewed Focus CEO Gary Economo on June 23.
Focus Graphite’s share price rose 17.5 percent, to $0.235, during Monday morning trading. The rise came after the company announced that it’s entered into two offtake agreements with privately owned Grafoid, a graphene research, development and investment company.
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.
Focus Graphite (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) reported that its board of directors has nominated Gary Economo to serve as president and chief operating officer of the company on an interim basis. Mr. Economo will continue to serve as chief executive officer as well.
Quebec has released a revised, more modest version of Plan Nord, a mining development plan aimed at attracting investment to its resource-rich northern region. It will see the province invest about $1.3 billion in infrastructure and mining projects in the area over the next five years.
Focus Graphite Inc. (TSXV:FMS) announced the launch of a feasibility study for the construction of a transformation plant in Sept-Iles, Quebec for value-added graphite products. The company’s announcement coincides with the Québec government’s Plan Nord, a long-term economic and social development plan to develop the northern Québec territory through sustainable
Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) has closed the second and final tranche of its previously announced private placement for $883,799.70.The Company issued 2,525,142 units at a price of $0.35 per Unit, each Unit being comprised of one common share of the Company and one half (1/2) of one common share purchase
Focus Graphite Inc. (TSXV:FMS) announced the closing of the first tranche of the previously announced financing for a total of $2,051,758.10. Focus Graphite has issued 5,862,166 units at a price of $0.35 per Unit.
Focus Graphite (TSXV:FMS) reported results from initial independent laboratory test work conducted to compare carbon coated Spherical Graphite to commercial carbon coated synthetic graphite. Results indicated that Lac Knife coated Spherical graphite showed a superior electrochemical performance, compared to commercial grades of synthetic graphite, in lithium ion batteries.
Graphite companies attending PDAC will include Callinex Mines, Canada Strategic, Energizer Resources, Focus Graphite, Zenyatta Ventures and more.
Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) reported that FLSmidth has expressed its formal interest in providing engineering & technical services and supply of mineral processing equipment for the Lac Knife Project. The FLSmidth proposal for the initial set of Lac Knife mineral processing equipment has a cost estimate of $12 million.
The Prospectors & Developers Association of Canada (PDAC) conference runs from March 1-4, 2015 at the Metro Toronto Convention Centre in downtown Toronto. Connect with credible resource companies using our advanced guide to the show.
Grafoid Inc. was awarded an $8.1 million non-repayable grant by Natural Resources and Minister Responsible for Sustainable Development Technology Canada (SDTC) for the production, specifically automation, of MesoGraf™ graphene. Hon. Greg Rickford, Minister of SDTC announced the funding at a news conference in Toronto.
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