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Focus Graphite Announces $3.5 Million Bought Deal LIFE Offering of Units
Ottawa, Ontario--(Newsfile Corp. - November 20, 2025) - Focus Graphite Inc.  (TSXV: FMS) (O...
About this update from Focus Graphite Inc.
[{"type":"text","content":"Focus Graphite Announces $3.5 Million Bought Deal LIFE Offering of UnitsOttawa, Ontario--(Newsfile Corp. - November 20, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: GPE) (\"Focus\" or the \"Company\") is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole underwriter and sole bookrunner, (the \"Underwriter\"), pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 8,333,400 units of the Company (the \"Units\") at a price of $0.42 per Unit (the \"Offering Price\") for aggregate gross proceeds to the Company of $3,500,028 (the \"Offering\"). Each Unit shall be comprised of one common share of the Company (a \"Common Share\") and one Common Share purchase warrant of the Company (a \"Warrant\"). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.60 per Common Share for a period of 30 months following closing of the Offering. The net proceeds from the Offering will be used for temporary working capital float, payments required before reimbursement, technical and qualification materials associated with the Government of Canada's Global Partnership Initiative and general corporate purposes.The Company has granted to the Underwriter an option (the \"Underwriters' Option\") to increase the size of the Offering by up to an additional number of Units, and/or the components thereof, that in aggregate would be equal to 15% of the total number of Units to be issued under the Offering, exercisable at any time up to 48 hours prior to the closing of the Offering.The Units will be offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the \"Listed Issuer Financing Exemption\"), in all provinces of Canada, except Quebec, and other qualifying jurisdictions, including the United States. The Units offered under the Listed Issuer Financing Exemption will be immediately \"free-trading\" under applicable Canadian securities laws.There is an offering document (the \"Offering Document\") related to this Offering that can be accessed under the Company's profile at www.sedarplus.ca a...