Lac Knife

Focus Graphite (FCSMF) Chairman Jeff York converted C$200,000 of his personal loan into company equity, representing 571,428 shares. This conversion is part of an initiative to eliminate York’s total loan of C$1,535,000 and improve the company’s financial standing. To adhere to TSX Venture Exchange regulations, York sold 488,000 shares. The company intends to continue converting debt to equity strategically to protect shareholder value and propel the advancement of the Lac Knife and Lac Tetepisca graphite projects.