Business
First Canadian Graphite Inc. Announces Financing
(TheNewswire)     Montreal, QC,   - January 26, 2026 — TheNewsw...
About this update from First Canadian Graphite Inc.
[{"type":"text","content":"First Canadian Graphite Inc. Announces Financing\n(TheNewswire)\n\n\n\n\n\n \n\n \n\n\nMontreal, QC,  - January 26, 2026 — TheNewswire -\nFirst Canadian Graphite\nInc. (the “Company”) (TSX-V: FCI | Frankfurt: BK2) is pleased to announce that the Company intends to offer up\nto 8,666,667 units at $0.30 for gross proceeds\nof up to $2,600,000.  Each unit shall be comprised of one common\nshare and one-half warrant. Each whole warrant\nwill entitle the holder to purchase one common share exercisable at\n$0.50 for two years.\n\n\n \n\n\nThe gross proceeds from the financing will be for general working capital.  While the Company intends to spend the proceeds from the\nfinancing as stated above, there may be circumstances where, for sound\nbusiness reasons, funds may be reallocated at the discretion of the\nBoard.\n\n\n \n\n\nInsiders may participate in the financing with full\nparticulars of such participation to be included in the news release\nannouncing the closing, when closed.  A\nfinder’s fee may be payable in accordance with the policies of the\nTSX Venture Exchange.\n\n\n \n\n\nThe closing of the financing is subject to receipt of\nall necessary regulatory approvals including the TSX Venture Exchange.\n The securities issued under the financing will be subject to a hold\nperiod ending on the date that is four months plus one day following\nthe date of issuance in accordance with applicable securities laws,\nand if applicable, will be subject to U.S. resale restrictions under\nU.S. securities laws. \n\n\n \n\n\nThe securities to be sold in the financing have not\nbeen registered under the U.S. Securities Act of 1933, as amended\n(“U.S. Securities Act”), or any state or other applicable\njurisdiction's securities laws, and may not be offered or sold in\nthe United States absent registration or an applicable exemption from\nthe registration requirements of the U.S. Securities Act and\napplicable state or other jurisdictions' securities laws.  This\npress release shall not constitute an offer to sell or the\nsolicitation of an offer to buy these securities, nor shall there be\nany offer, solicitation, or sale of these securities in any\njurisdiction in which such offer, solicitation or sale would be\nunlawful...