Core Insights - Focus Graphite Inc. has reported the final assay results from its 2022 exploration and definition drilling program at the Lac Tetepisca Graphite Project, confirming significant mineralization and extending the strike length of the deposit to approximately 8 kilometers [1][2][4] Summary by Sections Exploration Results - The 2022 drilling program included 74 diamond drill holes totaling 14,900.5 meters, with all assay results now received and released [7][13] - Significant mineralization was confirmed in the West Limb and Southwest MOGC targets, with multiple holes returning high-grade intervals, including 39.16 meters at 9.02% Graphitic Carbon (Cg) [13][25] Mineral Resource Estimate - The completion of the assay results allows the company to advance an updated Mineral Resource Estimate (MRE), anticipated in Q1 2026, which will incorporate all 2022 drill holes [4][6] - The current maiden resource, defined in April 2022, includes an Indicated Resource of 59.3 million tonnes grading 10.61% Cg and an Inferred Resource of 14.9 million tonnes grading 11.06% Cg [5][6] Geological Context - The MOGC flake graphite deposit is part of the Lac Tetepisca Project, located in Quebec's Cote-Nord region, and is characterized by a linear 1.5 km segment of an 8 km long folded geophysical anomaly [5][37] - The West Limb zone shows continuity of broad low-grade graphitic mineralization, which will be considered in the upcoming MRE update [4][23] Technical Milestones - The completion of the full assay dataset represents a major technical milestone, enabling the company to reassess the scale, continuity, and development potential of the Lac Tetepisca project [13][23] - The drilling program aimed to convert Inferred resources to Indicated and to test the graphite abundance related to the magnetic anomalies [14][23]

Core Viewpoint - Northern Graphite Corporation is conducting a non-brokered private placement to raise up to C$2.2 million for financing a feasibility study for its Battery Anode Material facility in Baie-Comeau, Québec, along with working capital needs [1][2]. Group 1: Private Placement Details - The private placement involves the issuance of up to 20,000,000 common shares at a price of C$0.11 per share, with conditional acceptance from the TSX Venture Exchange [1]. - The net proceeds will be allocated to initiate a feasibility study for the Baie-Comeau facility and cover working capital and corporate expenses [2]. - The shares issued will be subject to a statutory hold period of four months in accordance with Canadian securities legislation [3]. Group 2: Company Overview - Northern Graphite is the only flake graphite producer in North America, aiming to become a leader in producing natural graphite and high-value products essential for the green economy, including battery anode materials [5]. - The company operates the Lac des Iles mine in Quebec and owns the Bissett Creek project in Ontario, as well as the Okanjande graphite mine in Namibia, which is currently on care and maintenance [6]. - All projects are characterized by "battery quality" graphite and are strategically located near infrastructure in politically stable regions [6].