First Canadian Graphite Inc. Corporate Update

Core Insights - First Canadian Graphite Inc. is positioning itself as a key player in the North American graphite market, focusing on domestic supply to support the clean energy transition [3][18] - The company has a strong resource base with a NI 43-101 mineral resource estimate of 3.2 million tonnes of indicated and inferred graphite at an average grade of 17%, making it one of the highest-grade projects in North America [6][8] - The Berkwood Graphite Project is strategically located near Nouveau Monde Graphite's $3.6 billion NPV Uatnam Graphite Project, enhancing its significance in the region [6][18] Company Overview - First Canadian Graphite has a share structure of only 25.21 million shares outstanding, which reflects a grassroots startup appearance but indicates substantial value built over eight years [2][8] - The company is committed to ESG-focused development and aims to become a leading supplier of graphite in North America [18] - The management team has extensive experience in developing and operating mines globally, which strengthens the company's operational capabilities [9][12] Project Details - The Berkwood Graphite Project hosts large- to jumbo-flake graphite, which is highly sought after for lithium-ion battery anodes, with graphite making up nearly 30% of the mass in a typical electric vehicle battery [7][12] - The project has demonstrated the capability to produce graphite suitable for lithium-ion batteries, validating its end-use potential [12] - The company has accumulated years of drill core data, which has facilitated the resource estimation process [2][6] Market Context - The demand for high-quality, ESG-compliant graphite is expected to grow significantly in North America, driven by the electrification of transportation and renewable energy technologies [3][6] - First Canadian Graphite's strategic focus on securing domestic supply positions it well to meet this increasing demand [3][18]