Focus Graphite Announces $3.5 Million Bought Deal LIFE Offering of Units

Core Viewpoint - Focus Graphite Inc. has announced a bought deal offering of 8,333,400 units at a price of $0.42 per unit, aiming to raise approximately $3.5 million in gross proceeds [1][3]. Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.60 for 30 months post-closing [2]. - The offering is expected to close around the week of December 8, 2025, pending necessary regulatory approvals [7]. Use of Proceeds - The net proceeds from the offering will be allocated for temporary working capital, payments related to the Government of Canada's Global Partnership Initiative, and general corporate purposes [3]. Underwriter Information - Research Capital Corporation is the sole underwriter and has an option to increase the offering size by up to 15% [4]. - The underwriter will receive a cash commission of 7.0% of the gross proceeds and broker warrants equivalent to 7.0% of the units sold [8]. Regulatory Compliance - The units will be offered under the listed issuer financing exemption in all provinces of Canada, except Quebec, and in other qualifying jurisdictions, including the United States [5].