Focus Graphite Completes Access Road Desktop Study and Selects Preferred Route for the Lac Knife Project

About this update from Focus Graphite Inc.

Preferred Access Corridor Expected to Reduce Future Infrastructure Capital Requirements and Advance Lac Knife Toward Construction Readiness Ottawa, Ontario--(Newsfile Corp. - July 14, 2026) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (" Focus " or the " Company "), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce the completion of the Lac Knife Access Road Desktop Study (the " Study ") prepared by Norda Stelo (" Norda ") and overseen by IOS Geosciences (" IOS ") as part of the Company's broader infrastructure advancement program for the Lac Knife Graphite Project (" Lac Knife " or the " Project ") located near Fermont, Quebec. Following a comprehensive multi-criteria evaluation of three potential access road scenarios, the Study identified Scenario 2 (CH B + M3) as the preferred route (the " Preferred Route "). The selected route combines approximately 2.5 km of an existing access road corridor (CH B) with approximately 7.7 km of the existing Mazarin Road (M3), creating a practical and efficient connection between the realigned Highway 389, currently under construction, and the future mine site. The recommendation was unanimously supported following a joint technical review conducted by Norda, IOS, and Focus. The Preferred Route maximizes the use of existing transportation corridors while minimizing environmental disturbance, permitting complexity, construction timelines, and stakeholder impacts. By leveraging existing infrastructure and the Highway 389 realignment, the selected corridor significantly reduces new road construction requirements relative to historical development assumptions, creating the potential to lower future infrastructure capital requirements and further strengthen the Project's development profile. The Study forms part of the infrastructure planning activities being advanced under the Company's recently announced Natural Resources Canada (" NRCan ") First and Last Mile Fund (" FLMF ") program. As announced on June 3, 2026, Focus Graphite secured $1,378,700 in non-dilutive funding through NRCan's FLMF program to support road and power infrastructure planning for the Lac Knife Graphite Project in Quebec. The funding supports the engineering, environmental, permitting, and Indigenous engagement activities required to progress both the proposed all-season access road and Hydro-Quebec grid connection toward construction readiness. Advancing a More Efficient Infrastructure Strategy

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