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this ones a clear winner! thanks for the tip!
any day now!
New corporate update is up on website
Also grafoid private shareholders received an update too
HammerTime !!!!!!!!!!!!!
Focus Graphite Announces Closing of Flow-Through and Unit Non-Brokered Private Placements
OTTAWA, ONTARIO - (Marketwired – December 20, 2017) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“Focus” or the “Company”) is pleased to announce the second closing of a non-brokered private placement (the “FT Offering”) at which it issued an aggregate of 24,400,600 flow-through common shares of the Company (the “Flow-Through Shares”) at a price of $0.08 per Flow-Through Share, for gross proceeds of $1,952,048.
In connection with the closing of the FT Offering, the Company paid cash finder’s fees totaling $114,122.88. The securities issued in connection with the closing of the FT Offering are subject to a four-month hold period expiring on April 19, 2018.
Unit Offering
Focus is also pleased to announce the closing of its previously announced non-brokered private placement of units (the “Unit Offering”) for total gross proceeds of $600,000. The Unit Offering consists of 7,500,000 units (the “Units”) at a price of $0.08 per Unit. Each Unit is comprised of one common share and one common share purchase warrant exercisable at a price of $0.12 per share for a period of 36 months ending December 20, 2020.
In connection with the closing of the Unit Offering , the Company paid cash finder’s fees totaling $36,000. The securities issued in connection with the closing of the Unit Offering are subject to a four-month hold period expiring on April 21, 2018.
The FT Offering and Unit Offering remain subject to the final approval of the TSX Venture Exchange.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and mining company with an objective of producing graphite concentrate at its wholly-owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value, Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite.
Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
For more information about Focus Graphite, please visit www.focusgraphite.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Focus Graphite Inc.
Mr. Gary Economo
Chief Executive Officer
+1-613-241-4040
geconomo@focusgraphite.com
www.focusgraphite.com
Losing patience here. This co. gonna start selling any of this great graphene?
Is focus closer now to opening there mining project.? I got out and reinvested into LAC. I want to start a seed investment into focus do you think it is a good time before it shouts back up. thanks.
BS sifter,
thanks, but it is actually IB
He likes to screw around alot
elite will have the last laugh in 18
snup
Focus Graphite Creates a 613 mAh/Kg Reversible Capacity Silicon-Enhanced Graphite Anode for Li-Ion Batteries – Nearly Doubling Theoretical Capacity of 372 mAh/Kg
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OTTAWA, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Focus Graphite Inc. (TSX-V:FMS) (OTCQX:FCSMF) (FSE:FKC) (“Focus” or the “Company”) is pleased to report it has developed a silicon-enhanced graphite anode for next generation lithium-ion batteries.
Testing in CR2016 coin cells showed the Company’s initial efforts to introduce nano-sized silicon into Lac Knife spherical graphite anode materials were successful in nearly doubling the capacity of Lithium-Ion batteries currently using synthetic and standard flake graphite in the anode mix.
Dr. Joseph Doninger, Focus Director of Manufacturing and Technology – who headed the testing program – said the testing results pushed performance well beyond the prescribed limits of theoretical reversible capacity of 372 Ah/kg for lithium-ion battery cells.
“Our aim has always been to create and develop scientific solutions that not only work, but solutions that win for our customers and the marketplace,” said President and Chief Executive Officer Gary Economo.
“The combination of our graphite resource at Lac Knife and the in-house scientific and technical capabilities to overcome performance and safety issues related to Lithium-Ion batteries may well represent a significant step forward for the battery industry,” Mr. Economo said.
In a February 25, 2015 news release, the Company announced its spherical graphite (SPG) exhibited superior performance in coin cells when compared with commercial grades of synthetic graphite. This data is shown in Figure 1 below:
Figure 1. http://www.globenewswire.com/NewsRoom/AttachmentNg/46e31f86-4cdf-4ea8-8c97-d0b8e0d2f059
As shown, Focus Graphite’s carbon coated fine grade of spherical graphite (SPG) at a reversible capacity of 366 Ah/kg is very close to the theoretical limit of 372 Ah/kg achievable with graphite. In addition, coin cells made with the two commercial grades of synthetic graphite achieved reversible capacities of only 345 and 347 Ah/kg, about 6% lower in capacity than the Lac Knife SPG. However, both the excellent performance of the Focus SPG and the commercial grades of synthetic graphite used in the anode have almost half of the capacity achieved with the new Focus silicon-enhanced Lac Knife SPG.
With pure silicon alone used as the anode material, theoretical reversible capacities as high as 4200 Ah/kg are possible. However, there is a serious problem with using silicon in that it swells and contracts as much as much as 400% during the lithiation and de-lithiation process that occurs during cycling. This results in the formation of an unstable anode and hence an unusable lithium-ion battery. Much work has been reported in the literature to add lithium to the graphite used in the anodes but continuing stability problems caused by the swelling of the silicon have held back its development.
“Focus Graphite has developed a process that addresses this problem and as indicated in Figure 2 below, with the addition of 18 wt. % silicon nanoparticles into our Lac Knife SPG, we have shown the possibility of achieving a reversible capacity value of 613 Ah/kg – almost twice the capacity of the commercially available grades of synthetic graphite and our standard Lac Knife spherical graphite,” said Dr. Doninger.
Figure 2. http://www.globenewswire.com/NewsRoom/AttachmentNg/eecb53bd-2725-4e04-81a7-a0a4fd975851
This data was presented at the 30th International Electric Vehicle Symposium and Exhibition held from October 9th to 11th, 2017, in Stuttgart, Germany. A copy of the paper presented is available on the Focus website via the following link: Electrochemical Performance of Lac Knife Natural Crystalline Flake Graphite from Quebec, Canada in Lithium Ion Batteries.
As shown above, a reversible capacity of 613 Ah/kg was achieved with the Lac Knife silicon-enhanced SPG at a C/20 rate after the first cycle which is the same charging rate that was used in the coin cell tests run on the synthetic and Lac Knife graphite anode materials shown in Figure 1. Although the irreversible capacity loss (ICL) after the first cycle was 26.4% compared to 0.7% for the untreated SPG, the high reversible capacity achieved with the silicon-enhanced SPG indeed is quite remarkable particularly since these tests were conducted on an uncoated grade of spherical graphite.
“Additional testing is being planned to optimize both the formulations and process used to produce the silicon-enhanced Lac Knife SPG. These tests, along with coating the SPG with carbon to cushion the swelling that can occur due to the presence of silicon in the graphite, should result in further increases in the reversible capacity and decreases in the irreversible capacity loss.
“Ultimately, we have developed a silicon-enhanced graphite based anode that results in an incredible increase in the capacity potential for lithium-ion batteries,” Dr. Doninger said.
Mr. Economo said the Company’s ongoing, long-term product testing program has contributed to the development of a complete range of technology graphite products – including new graphite products to the industry.
“The advances we have made in the development of our superfine graphite anode materials, our expanded graphite for Lithium-Ion battery cathodes and, now; silicon-enhanced spherical graphite for anodes underscores our aims and objectives of meeting industry needs,” Mr. Economo said.
“And that is, to provide manufacturers with higher-performing, lower cost graphite materials and products to meet next generational requirements,” he said.
Mr. Economo said battery manufacturers and institutions are currently testing Focus’ Lac Knife graphite products globally. The average testing period is approximately 24 months with some potential customers nearing the end of their long-term evaluations.
The following figures provide a partial overview of the scope of Focus Graphite’s silicon-doped graphite anode test project results.
Figure 3. http://www.globenewswire.com/NewsRoom/AttachmentNg/668f3aaf-526b-4703-8a17-878bcddc5ff1
Figure 4. http://www.globenewswire.com/NewsRoom/AttachmentNg/25395abf-bad9-49e4-ad74-95f4334a2bde
Qualified Person
Dr. Joseph Doninger, Focus Graphite's Director of Technology and Manufacturing is the Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects - has reviewed and approved the technical content of this news release. Dr. Doninger is the developer and co-developer of a number of U.S., European and Canadian patents related to carbon processing methodologies and processing equipment. Also, a chemical engineer, Dr. Doninger is the author and co-author of some two dozen technical papers and studies related to graphite composite anodes; carbon-based materials for electrochemical energy storage systems; advanced graphite for Lithium-ion batteries and other related publications.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and mining company with an objective of producing graphite concentrate at its wholly owned Lac Knife flake graphite deposit located 27 km south of Fermont, Qubec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value. Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite.
Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
For more information about Focus Graphite, please visit www.focusgraphite.com.
Forward Looking Statement
This News Release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the Company in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the Company; (xii) the risks associated with the various environmental regulations the Company is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; and (xvii) the risk of potential dilution through the issue of common shares.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this News Release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.
Contact
Focus Graphite Inc.
Mr. Gary Economo
President and Chief Executive Officer
+1 613-241-4040
geconomo@focusgraphite.com
www.focusgraphite.com
image: https://www.globenewswire.com/newsroom/ti?nf=Njk4NDgyOCMxOTA3ODYxIzIwODUwOTI=
Encouraging here after years of torture. Nice volume today, strong buy at barchart.
Focus Graphite Introduces Its New “Superfine Grade” of Coated Spherical Graphite for Lithium Batteries to the International Battery Industry
Share1Print
October 10, 2017 13:56 ET | Source: Focus Graphite Inc.
photo-release
SEM of Purified Lac Knife Flake Graphite
SEM of Purified Lac Knife Flake Graphite
SEM of Purified Lac Knife Flake Graphite
Focus Graphite Inc.
Figure 1. INITIAL GALVANOSTATIC CHARGE-DISCHARGE CURVES FOR SUPERFINE GRADE OF COATED SPG D50 = 11.9µm
Figure 1. INITIAL GALVANOSTATIC CHARGE-DISCHARGE CURVES FOR SUPERFINE GRADE OF COATED SPG D50 = 11.9µm
Figure 1. INITIAL GALVANOSTATIC CHARGE-DISCHARGE CURVES FOR SUPERFINE GRADE OF COATED SPG D50 = 11.9µm
Focus Graphite Inc.
SEM of Superfine Grade of Lac Knife Spherical Graphite
SEM of Superfine Grade of Lac Knife Spherical Graphite
SEM of Superfine Grade of Lac Knife Spherical Graphite
Focus Graphite Inc.
Figure 2. PARTICLE SIZE DISTRIBUTIONS OF SUPERFINE, FINE AND STANDARD GRADES OF LAC KNIFE SPG
Figure 2. PARTICLE SIZE DISTRIBUTIONS OF SUPERFINE, FINE AND STANDARD GRADES OF LAC KNIFE SPG
Figure 2. PARTICLE SIZE DISTRIBUTIONS OF SUPERFINE, FINE AND STANDARD GRADES OF LAC KNIFE SPG
Focus Graphite Inc.
Table 1. COMPARISON OF THE ELECTROCHEMICAL PERFORMANCE OF THREE GRADES OF LAC KNIFE SPHERICAL GRAPHITE (SPG)
Table 1. COMPARISON OF THE ELECTROCHEMICAL PERFORMANCE OF THREE GRADES OF LAC KNIFE SPHERICAL GRAPHITE (SPG)
Table 1. COMPARISON OF THE ELECTROCHEMICAL PERFORMANCE OF THREE GRADES OF LAC KNIFE SPHERICAL GRAPHITE (SPG)
Focus Graphite Inc.
OTTAWA, Oct. 10, 2017 (GLOBE NEWSWIRE) -- Focus Graphite Inc. (TSX-V:FMS) (OTCQX:FCSMF) (FSE:FKC) is pleased to announce the introduction of a Superfine Grade of coated spherical graphite product sourced from its Lac Knife Graphite Project at Fermont, Quebec.
The Company’s manufacturing accomplishment was achieved under the direction of Dr. Joseph Doninger, Focus’ Director of Manufacturing and Technology, and follows the Company’s original May 27, 2014 announcement of the development of its premium standard (medium) and fine battery grades, and; its subsequent August 8, 2016 announcement of the successful purification of Lac Knife’s fine grade material to 99.99% purity which is shown in the following Scanning Electron Microscope (SEM) photomicrograph of a flake of purified Lac Knife graphite.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/19dd47dc-41c8-4ce1-b62a-2db97d76a1ae
Focus Graphite’s new Superfine Grade graphite product development was first presented to the 34th International Battery Symposium (IBS) in Fort Lauderdale, Florida, by Dr. Doninger on March 21, 2017.
Highlights include:
Market introduction of Focus’ first Superfine coated spherical graphite
Enlarges Company’s potential customer base
Expands Focus Graphite’s value-added product range
Focus Graphite’s development and introduction of a Superfine Grade to the battery market represents a milestone in the Company’s ongoing efforts to continuously improve its products to meet industry demands and are intended for use in various lithium-ion battery applications. The first cycle Galvanostatic curves in Figure 1 show that the new Superfine Grade of spherical graphite has a very high reversible capacity of 360 mAh/g and low first cycle loss of only 1.19%.
An infographic accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/16fab8d7-641a-4f69-8050-dd479b12f773
Dr. Doninger said the main benefit of the Superfine Grade is based upon the physical reality of the graphite’s performance within the anode of a lithium ion battery.
“As the particle size decreases, so does the time it takes for the lithium-ion to transfer into the graphite structure during charging and out during discharging, thereby improving charging rates,” he said. An SEM photomicrograph of the Superfine Grade of the Lac Knife spherical graphite is shown below.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/494ef0f5-0b43-44e9-8593-6728e2c7b8b9
The particle size distribution curves for the new Superfine Grade of spherical graphite are compared with the Standard and Fine Grade curves in Fig. 2 and show that Focus now offers a wide range of particle sizes to meet the demands of the battery industry.
An infographic accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/42ef4124-58ad-4c16-9245-89b15aa59222
Dr. Doninger noted that the high Reversible Capacity of 360 mAh/g, low Irreversible Capacity Loss of 1.19% and low surface area of 0.89 m2/g for the new Superfine Grade of spherical graphite compare very favorably with the Lac Knife’s Standard and Fine grades introduced in 2014 as shown in Table 1.
A table accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8a5bd647-8eb4-4700-9f9e-5893dce130f9
The Company knows of no other junior graphite developer today with a deposit capable of competitively converting their fine flake component to battery grade production.
Focus Graphite President and Chief Executive Officer Gary Economo said the Company’s ongoing R&D and materials testing aims to position Focus as a commercially competitive and important source of new graphite products for next generation energy storage and production.
Focus is currently engaged in battery testing with more than 20 potential end-users and seven universities and government laboratories.
“The key to growth of our value-added products stems from our technology vision of investing in those in-house process developments that meet future demands of the battery manufacturing industry,” Mr. Economo said.
“In this regard, and as evidenced by the periodic publications of data in support of our progress, Focus remains committed to achieving its long-held goal of unlocking shareholder value from that technology vision,” Mr. Economo said.
As a technology graphite developer, Focus is deeply engaged in R&D and development of graphite concentrate and value added products for a low carbon economy.
Focus has established a recent history of technological successes by designing processes leading to superior performing coated spherical graphite for use in battery anodes and high performing expanded graphite for use in Li-Ion battery cathodes.
The Company’s proprietary, low temperature process, developed by a Focus Graphite technical team headed by Dr. Doninger, is believed to be more efficient than very high temperature thermal purification and is suitable for the removal of specific types of impurities found in the Lac Knife graphite deposit.
Focus' low temperature process versus conventional very high temperature purification processes obviates the use of large amounts of energy - one of the largest single cost components of graphite purification.
Focus Graphite has acquired an intimate understanding of both the future needs of the battery manufacturing sector and trends in that sector as a long-standing Board Member of Chicago-based NAATBatt International (the National Alliance for Advanced Transportation Batteries).
Holding the ability to purify Lac Knife's fine flakes expands the company's potential to sell substantially more of the graphite extracted from Lac Knife into high-value, high-tech applications instead of approximately 30 percent being sold for lower value industrial applications.
The path from graphite product development to the battery manufacturers' testing labs is a lengthy, multi-step process.
Staged R&D testing is a prerequisite to the sale, or offtake, of any manufactured graphite for use in lithium-ion, alkaline and lead-acid batteries in the automobile, consumer, medical equipment, tools, hand-held industrial devices and aviation manufacturing industries or with military equipment suppliers.
Qualified Person
Dr. Joseph Doninger, Focus Graphite's Director of Technology and Manufacturing is the Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects - and has reviewed and approved the technical content of this news release. Dr. Doninger is an internationally recognized graphite processing expert and himself, the inventor of a number of patents and an author of over 27 technical papers and presentations related to graphite processing and the use of graphite in energy storage systems. Dr. Doninger is a co-editor on the NATO Science Series book titled "New Carbon Based Materials for Electrochemical Energy Storage Systems." Dr. Doninger is also an Honorary Professor at the Department of Chemistry from the Kiev National University of Technologies and Design.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and mining company with an objective of producing graphite concentrate at its wholly-owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value, Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite. Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
For more information about Focus Graphite, please visit www.focusgraphite.com.
Forward Looking Statement
This News Release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the Company in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the Company; (xii) the risks associated with the various environmental regulations the Company is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; and (xvii) the risk of potential dilution through the issue of common shares.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this News Release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.
CONTACT:
Focus Graphite Inc.
Mr. Gary Economo
Chief Executive Officer
+1 613-241-4040
geconomo@focusgraphite.com
www.focusgraphite.com??
Been following Lomiko for awhile ...
I hear ya...I knew from a graphene stand point this would take a long time but I still in the next few years it will be big. Hope so at least
Graphene got me started. I am a gold/silver mining bug from long ago.
so why are you on here then?
Focus Graphite Reports Excellent Long Term Cycling Results From Its Testing of Lac Knife High Purity Spherical Coated Graphite; Lithium-Ion Batteries Show Zero Capacity Loss After 250 Cycles
As long as the permitting and government support is there it is only a matter of time. Graphite demand is rising.
http://www.visualcapitalist.com/massive-impact-evs-commodities/
All permitting is in place with Government support?
Everything is there financing is a big issue because this is not gold they need solid offtakes to get financing
Bankers don't have statistics for graphite mines nor they don't understand the business.
Some still don't know what graphene is
Hi and thank you. So basically over the last 6 yrs they have acquired land, proven premium graphite resources, and gotten some permitting in place, but haven't started construction on the mine? Is the financing the only reason they have not started construction?
Hi
At the agm in may they said they are working on financing and are closer than ever. Its one thing to say it and one thing to execute it. this is 6+ years in the making. If they dont finance by next fall there cooked.
When will the mine open?
CS - sounds like you have an ear on Focus. I've been out of it for quite awhile; i.e., I first bought in 2012 in the $.57 cent region and rode it up to a double and got out. Bought back in the 50 cent region again and we all know what has happened since which is when I transferred over to the cryptocurrency world. Suffice it to say that I lost 50% of my position but luckily I was playing for free. I've come back after a few years to read that most people think that this is nothing but the usual junior mining scam. I can't believe this but, I'm also not going to be a Snow White and not look the other way. I was getting ready to dive in but I'm not so sure anymore. If you've stayed with it for so long; might you divulge where you think I can get the most honest review of the FCSMF situation? I'm stunned that there isn't more going on with this stock; I'm thinking that the lithium sector over the next 5 years will be one of the most active, if not THE most active and profitable around. Any input from someone who knows is appreciated. Thanks, CoinCrusher (my crypto handle)
Ya really. In North America
Permits are done
Financing more advanced backed by Quebec government
and le plan nord.
My role I've been an investor for over 5 years and attended every agm and plant opening of grafoid.
What's your role?
Let me guess you believe energizer or some other graphite play will come 1st.
Let's see how it plays out. In the meantime stay on your side and I'll stay on
Mine. Or else maybe you will prefer I troll on your boards too?
Let me know.
Focus is the most advanced company in this space???
REALLY???
How sad is that statement!
Pathetic...and obvious what your role is here
Ok and?
And the 1 million shares purchased by an officer that's a negative according to you?
U can count on your fingers the junior
Miners that an officer bought so many shares.
They are the most advanced in this space regardless of stock price.
6/20/17 a closing of shares issued 11,666,666. Are you kidding???
1,111,111 shares purchased by one of the officers. Again, are you kidding me??
Another 66,666,666 shares being issued.
WTF !!!!!!!!!!!!
You can imagine i cut my losses at .18 way back then. Anyone left here is just holding bags filled with pencil lead. Unless they're selling to Ticonderoga, I was already gone a long time ago WITH Warren, don't you worry about that.
Just four years to figure out this is a SCAM!!!! WOW you can give Warren Buffet a run for his money. LMFAO
Just another canadian mining scam. I was in this four years ago at 22 cents. Now it forever floats at 6 cents because the institution sold out and all that remains are sheep that aren't willing to let go. Not that this is a problem. It's just that now, Lac probably doesn't FEEL inclined to produce anymore. Not if it get handed onto stupid people who believed pencil dust will save us all.
Anybody still here. Will lac ever produce? Just another canadian mining scam?
Focus Graphite Inc.: Update on Private Placement
OTTAWA, ONTARIO--(Marketwired - March 23, 2017) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to provide an update following the first closing of its current unit offering (the "Offering") for gross proceeds of $937,025 (see the Company's press release dated March 7, 2017 for more details on the Offering). The Company expects to proceed with the closing of the second tranche shortly and has elected to increase the Offering from $1.5 million to $2.5 million for an additional 13,333,333 units (the "Units") at a price of $0.075 per Unit. Each Unit is comprised of one (1) common share and one common share purchase warrant (a "Warrant"). Each Warrant entitles its holder to purchase one (1) common share at a price of $0.10 per common share for a period of 48 months following the closing.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and mining company with an objective of producing graphite concentrate at its wholly-owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value, Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite.
Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
For more information about Focus Graphite, please visit www.focusgraphite.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
March 09, 2017 16:00 ET
Focus Graphite Reports an Adjustment to the Measured and Indicated Mineral Resources at its Lac Knife Flake Graphite Project, Québec, Resulting in a 42% Increase Relative to 2014 Estimate
OTTAWA, ONTARIO--(Marketwired - March 9, 2017) - Focus Graphite Inc. (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) ("Focus" or the "Company") announces a rectification to the Measured and Indicated mineral resources statement released by the Company on January 24, 2017(1) for its 100%-owned Lac Knife flake graphite project, located 27 km south of Fermont, in the Côte-Nord administrative region of northeastern Québec.
On February 5, 2017, Focus was informed by AGP Mining Consultants that a correction was applied to the classification model which affected the south portion of the resource estimate announced on January 24, 2017. The correction only affected the internal distribution of the Inferred and Indicated resources in the area covered by the latest infill drilling. The grade estimation was not affected by the change.
The 2014 infill drilling program successfully upgraded Inferred resources to the Indicated and Measured categories. The upgraded resources are located to the south and outside of the open pit shell that was used for the 2014 Lac Knife project feasibility study(2) ("FEAS"). In the current FEAS mine plan, any additional tonnage located outside of the FEAS open pit shell design would only be mined and processed after the 25-year mine life.
Following the adjustment made by AGP Mining Consultants, using a 3.0% graphitic carbon (Cg) cut-off, the revised Measured and Indicated resources at Lac Knife now stand at 13.56 million tonnes grading 14.95% Cg (Table 1). This represents a 42% increase in Measured and Indicated resources compared to the 9.576 million tonnes grading 14.77% Cg reported in the 2014 FEAS (Table 2). The adjustment also translates into a 43% increase in graphite tonnes, from 1.414 million tonnes to 2.027 million tonnes (Table 1). Additionally, there are 840,000 tonnes of Inferred resources grading 13.90% Cg (Table 1).
Table 1. Revised Lac Knife Mineral Resource Estimate @ 3.0% Cg cut-off
Tonnage Cg Contained Graphite
(t) (%) (t)
Measured 447 000 21.45 96 000
Indicated 13 112 000 14.73 1 931 000
Measured + Indicated 13 560 000 14.95 2 027 000
Inferred 840 000 13.90 117 000
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
There is no certainty that all or any part of the Mineral Resources will be converted into Mineral Reserves.
The rounding of tonnes as required by NI 43-101 reporting guidelines may result in apparent differences between tonnes, grade and contained graphite.
Table 2: Revised Sensitivity to cut-off change and comparison to the 2014 feasibility study
Updated
Mineral Resource Estimate
(3.0% Cg Cut-off base case) 2014
Mineral Resource Estimate
(3.0% Cg Cut-off base case) Percent Change
Cut-off Tonnes Cg (%) Cg Tonnes Tonnes Cg (%) Cg Tonnes Tonnage Graphite
Measured > 10.0 440 000 21.66 95 000 428 000 23.81 102 000 3% -7%
> 5.0 447 000 21.45 96 000 432 000 23.66 102 000 3% -6%
> 3.0 447 000 21.45 96 000 432 000 23.66 102 000 3% -6%
> 2.0 447 000 21.45 96 000 432 000 23.66 102 000 3% -6%
Indicated > 10.0 11 227 000 15.86 1 781 000 7 466 000 15.77 1 177 000 50% 51%
> 5.0 13 021 000 14.80 1 927 000 9 065 000 14.44 1 309 000 44% 47%
> 3.0 13 112 000 14.73 1 931 000 9 144 000 14.35 1 312 000 43% 47%
> 2.0 13 114 000 14.72 1 931 000 9 146 000 14.35 1 312 000 43% 47%
Measured + Indicated > 10.0 11 667 000 16.08 1 876 000 7 894 000 16.21 1 279 000 48% 47%
> 5.0 13 468 000 15.02 2 023 000 9 497 000 14.86 1 411 000 42% 43%
> 3.0 13 560 000 14.95 2 027 000 9 576 000 14.77 1 414 000 42% 43%
> 2.0 13 561 000 14.95 2 027 000 9 578 000 14.77 1 415 000 42% 43%
Inferred > 10.0 698 000 15.10 105 000 2 196 000 15.81 347 000 -68% -70%
> 5.0 832 000 14.00 116 000 2 941 000 13.75 404 000 -72% -71%
> 3.0 840 000 13.90 117 000 3 102 000 13.25 411 000 -73% -72%
> 2.0 840 000 13.90 117 000 3 116 000 13.20 411 000 -73% -72%
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
There is no certainty that all or any part of the Mineral Resources will be converted into Mineral Reserves.
The rounding of tonnes as required by NI43-101 reporting guidelines may result in apparent differences between tonnes, grade and contained graphite.
Compared to the model announced on January 24, 2017, the revised model improves the Measured and Indicated resources tonnage by 12% and it contains 14% more graphite tonnes (Table 3). The improvement to the Measured and Indicated resources category is offset by a reduction in the Inferred category amounting to 63% in tonnages and 69% in graphite tonnes.
Table 3: Revised model compared to the previous announcement on January 24, 2017
March 2nd, 2017
Revised resource estimate (3.0% Cut-off) January 24th, 2017 Resource estimate
(3.0% Cut-off)
Tonnage Cg Graphite Tonnage Cg Graphite Percent change - Tonnage Percent change - Contained Graphite
(t) (%) (t) (t) (%) (t)
Measured 447,000 21.45 96,000 447,000 21.45 96,000 0% 0%
Indicated 13,112,000 14.73 1,931,000 11,654,000 14.38 1,675,000 13% 15%
Measured + Indicated 13,560,000 14.95 2,027,000 12,101,000 14.64 1,771,000 12% 14%
Inferred 840,000 13.90 117,000 2,299,000 16.20 372,000 -63% -69%
While the grade for the estimated blocks was not affected by the change, there is an apparent minor variation to the average grade of the combined Measured and Indicated categories at the 3% cut-off due to the redistribution of the higher grade Inferred blocks that were converted to Indicated resources.
The updated mineral resource is based on 231 core drill holes totalling 22,505 metres of historic and recent drilling from 2014. This includes 149 surface drill holes totalling 12,041 metres completed since 2010. Mineral Resources have been reported within a constraining pit shell at a cut-off grade of 3.0% Cg.
Details on the Mineral Resource Estimation procedures are given in the Company's news release dated January 24th, 2017, available at www.focusgraphite.com and at www.sedar.com.
Lac Knife Project
The Lac Knife project comprises 57 map-designated claims covering 2,986.31 ha located in Esmanville Township (NTS map sheet 23B/11), 27 km south-southwest of the iron-mining town of Fermont, in the Côte-Nord administrative region of Québec. Focus acquired a 100% interest in the project in October 2010. A map showing the location of the Lac Knife project is available on the company's website at www.focusgraphite.com.
The mineralization at Lac Knife is hosted in biotite-quartz-feldspar paragneiss and schist of the Nault Formation, in association with iron formations of the Wabush Formation. These are equivalent to the lower Proterozoic Labrador Trough rocks affected by the late Proterozoic Grenvillian orogeny. High grade metamorphism and folding associated with the Grenvillian orogeny has resulted in the formation of important concentrations of graphite dominated by value-enhanced large flakes.
The Lac Knife project hosts a Measured and Indicated mineral resource* of 13.56 million tonnes grading 14.95% Cg (447,000 tonnes Measured @ 21.45% Cg and 13,112,000 tonnes Indicated @ 14.73% Cg) as natural flake graphite with an additional Inferred mineral resource* of 840,000 tonnes grading 13.90% Cg. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite concentrate.
The Feasibility Study filed with SEDAR (www.sedar.com) on August 8, 2014 for the Lac Knife Project indicates the project is economically viable and has the potential to become a low-cost graphite concentrate producer based on 7.86 million tonnes of Proven and Probable Mineral Reserves** grading 15.13% Cg included in the Mineral Resource (429,000 tonnes Proven @ 23.61% Cg and 7,428,000 tonnes Probable @ 14.64% Cg).
* Mineral resources are not mineral reserves and do not have demonstrated economic viability.
** The Measured and Indicated Mineral Resources are inclusive of those Mineral Resources modified to produce the Mineral Reserve. The reference point for the Mineral Reserve Estimate is the mill feed.
Qualified Persons
Pierre Desautels, P.Geo. Principal Resource Geologist of AGP Mining Consultants Inc. Qualified Person under NI 43-101 who is independent of the Company, has review and authorized the release of the mineral resource estimates presented herein.
Mr. Marc-André Bernier, M.Sc, P.Geo (Québec and Ontario), a Director of the Company and a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content of this news release.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and mining company with an objective of producing graphite concentrate at its wholly-owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value, Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite.
Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
For more information about Focus Graphite, please visit www.focusgraphite.com.
Forward Looking Statement
This News Release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the Company in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the Company; (xii) the risks associated with the various environmental regulations the Company is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; and (xvii) the risk of potential dilution through the issue of common shares.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this News Release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.
(1) Refer to Focus news release dated January 24, 2017, available at www.focusgraphite.com and at www.sedar.com.
(2) Refer to Focus news releases dated June 25th and August 8, 2014, available at www.focusgraphite.com and at www.sedar.com
CONTACT INFORMATION
Focus Graphite Inc.
Mr. Gary Economo
Chief Executive Officer
+1 613-241-4040
geconomo@focusgraphite.com
www.focusgraphite.com
OTTAWA, ONTARIO--(Marketwired - Mar 7, 2017) - Focus Graphite Inc. (TSX VENTURE:FMS)(FCSMF)(FKC.F) ("Focus") is pleased to announce that it has held a first closing of a non-brokered private placement at which it issued an aggregate of 12,493,536 units at a price of $0.075 per unit, for gross proceeds to Focus of $937,015. Each of the units consists of one common share in the capital of Focus Graphite and one common share purchase warrant. Each warrant entitles its holder to purchase one additional common share of Focus at an exercise price of $0.10 for a period of 48 months. Focus expects to hold additional closings of the private placement until March 27, 2017, subject to an aggregate maximum of $1.5 million (20,000,000 units).
The net proceeds from the sale of the units will be added to Focus' working capital.
In connection with the first closing of the private placement, Focus paid a cash sales commission to Secutor Capital Management Corporation in an amount of $70,761. In addition, Focus granted broker warrants to Secutor Capital Management Corporation and another securities dealer entitling the holders to acquire up to 934,482 additional common share of Focus. The broker warrants may be exercised at a price of $0.10 per share for a period of four years.
Under applicable securities legislation and the policies of the TSX Venture Exchange, the securities issued at the first closing of the private placement are subject to a four-month hold period, expiring on July 8, 2017.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and mining company with an objective of producing graphite concentrate at its wholly-owned Lac Knife flake graphite deposit located 27 km south of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value, Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite.
Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
I have Profit two times with this stock Lacdf over 6 years. I have been very patent with this one I think when there mine is up and running hopefully I can sell-Out and profit . Your right clears nothing is certain You do not really own anything the governments own us in the end. Jman445sm.
I think Fcsmf will come in Soon!.The lithium boom is growing and in full swing!. The GIGA- Factories need Good Graphite to build battery's for all those new Electric cars.
Bonne chance!
Si tu est a 65% de profit prends tes profits et achete de nouveau quand sa baisse. le lithium c est de la spéculation aussi il n y a rien de sur
Juste la mort et les taxes.
The Quebec government hands are tried . lots of corruption in Montreal and Quebec city with misappropriation of funds and corporate steeling of Goverment contracts.Everyone is sucking off the tit of the government.
This is socialized government super High taxes few Jobs. If Focus graphite pulls this off it will be a amazing! or luck real good luck. I hope you guys are right for your sake. I pulled out and reinvested in lithium stock Im up over 65% so far this year. God be with you guys good Luck.
Im still interested in seeing if Focus can pull this off.
for now I will invest in Quebec by by enjoying my camp on Lac Baskatong and watching the loons go buy.
QC government needs the income.
It's the province with the most debt in Canada.
The Couillard Govt in their best interest needs to get this off the ground and generating jobs and tax revenue.
How much longer we looking at a actual decision by them?
The Local Cree Indians Nation My protest and want a share in the Mine. happens up North.
The Quebec Government Confirms Receipt of Focus Graphite's Technical Documents in Support of the Environmental and Social Impact Assessment for its Lac Knife Natural Flake Graphite Project
OTTAWA, ONTARIO--(Marketwired - Nov. 30, 2016) - Focus Graphite Inc. (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) ("Focus" or the "Company") is pleased to announce that as part of the ongoing environmental permitting review process, the Ministère du Développement Durable, de l'Environnement et de la Lutte contre les Changements Climatiques ("MDDELCC") of Québec has received supporting documentation regarding the Environmental and Social Impact Assessment ("ESIA") report on the Lac Knife natural flake graphite project submitted in December 2014 (refer to Focus Graphite's news release dated December 1, 2014 available at www.focusgraphite.com).
The ESIA support documentation also includes the Mine Closure Plan. The Mine Closure Plan will continue to evolve prior to and during the projected mine life. Communication with the MDDELCC is ongoing as the permitting process continues towards the planned detailed engineering phase of the Lac Knife project.
In other news, Focus announces that it will not proceed with additional closings of the non-brokered private placement of up to 30,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $3,000,000 (the "Offering") announced on September 27, 2016 for which the closing of the first tranche was announced on October 3, 2016.
Qualified Person
Mr. Marc-André Bernier, M.Sc, P.Geo (Québec and Ontario), a Director of the Company and a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content of this news release.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and development mining company with an objective of producing graphite concentrate at its Lac Knife deposit located south west of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value, Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite.
The Lac Knife project hosts a Measured and Indicated Mineral Resource Estimate* of 9.58 million tonnes grading 14.77% graphitic carbon (Cg) (432,000 tonnes Measured @ 23.66% Cg and 9,144,000 tonnes Indicated @ 14.35% Cg) as natural flake graphite with an additional Inferred Mineral Resource Estimate* of 3.1 million tonnes grading 13.25% Cg. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite concentrate.
The Feasibility Study filed with SEDAR (www.sedar.com) on August 8, 2014 for the Lac Knife Project indicates the project is economically viable and has the potential to become a low cost graphite concentrate producer based on 7.86 million tonnes of Proven and Probable Mineral Reserves** grading 15.13% Cg included in the Mineral Resource (429,000 tonnes Proven @ 23.61% Cg and 7,428,000 tonnes Probable @ 14.64% Cg).
On May 27, 2014 the Company announced the potential for high value added sales in the Li-ion battery sector following battery coin cell tests performed on Spherical Graphite ("SPG") produced from the Lac Knife graphite concentrate. Testing measured the performance metrics and confirmed Focus' capability to tailor lithium ion battery-anode-grade graphite and value added products to meet the most stringent customer specifications.
On February 26, 2015, the Company announced the results from independent laboratory testing that indicated Coated Spherical Graphite ("CSPG") produced from Lac Knife concentrate outperformed synthetic graphite anodes for use in lithium-ion batteries.
On November 25, 2015, the Company announced results from independent laboratory testing that reported "zero loss" in long-term battery anode cycle testing of high purity CSPG produced from Lac Knife concentrate.
On March 31, 2016, the Company announced the introduction of a high conductivity graphite cathode material produced from expanded Lac Knife graphite and exhibiting twice the conductivity of cathodes versus standard grades of synthetic and natural flake graphite used in commercially available lithium-ion batteries.
On August 8, 2016, the Company announced it has successfully purified fine flake graphite - sourced at its wholly owned Lac Knife, Québec deposit - from 95% to 99.99% purity using a proprietary energy efficient purification process. Attaining a 99.99% purity level from fine graphite flake is significant. Focus now has the technology to economically purify low value fine flake graphite or, "fines" to a high value material needed for the production of lithium-ion batteries.
On August 17, 2016, the Company reported that the maiden core drilling program conducted at its Lac Tétépisca graphite project in 2014 intersected significant subsurface graphitic mineralisation along the trend of 1.5 km long MAG-EM anomaly including in hole LT-14-04 which intersected 103.9 m (true thickness) grading 10.25% Cg.
Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
* Mineral resources are not mineral reserves and do not have demonstrated economic viability
** The Measured and Indicated Mineral Resources are inclusive of those Mineral Resources modified to produce the Mineral Reserve. The reference point for the Mineral Reserve Estimate is the mill feed.
For more information about Focus Graphite, please visit www.focusgraphite.com
Forward Looking Statement
This News Release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the Company in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the Company; (xii) the risks associated with the various environmental regulations the Company is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; and (xvii) the risk of potential dilution through the issue of common shares.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this News Release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.
CONTACT INFORMATION
Focus Graphite Inc.
Mr. Gary Economo
President & Chief Executive Officer
+1 613-241-4040
geconomo@focusgraphite.com
www.focusgraphite.com
The Quebec Government Confirms Receipt of Focus Graphite's Technical Documents in Support of the Environmental and Social Impact Assessment for its Lac Knife Natural Flake Graphite Project
OTTAWA, ONTARIO--(Marketwired - Nov. 30, 2016) - Focus Graphite Inc. (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) ("Focus" or the "Company") is pleased to announce that as part of the ongoing environmental permitting review process, the Ministère du Développement Durable, de l'Environnement et de la Lutte contre les Changements Climatiques ("MDDELCC") of Québec has received supporting documentation regarding the Environmental and Social Impact Assessment ("ESIA") report on the Lac Knife natural flake graphite project submitted in December 2014 (refer to Focus Graphite's news release dated December 1, 2014 available at www.focusgraphite.com).
The ESIA support documentation also includes the Mine Closure Plan. The Mine Closure Plan will continue to evolve prior to and during the projected mine life. Communication with the MDDELCC is ongoing as the permitting process continues towards the planned detailed engineering phase of the Lac Knife project.
In other news, Focus announces that it will not proceed with additional closings of the non-brokered private placement of up to 30,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $3,000,000 (the "Offering") announced on September 27, 2016 for which the closing of the first tranche was announced on October 3, 2016.
Qualified Person
Mr. Marc-André Bernier, M.Sc, P.Geo (Québec and Ontario), a Director of the Company and a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content of this news release.
About Focus Graphite
Focus Graphite Inc. is an advanced exploration and development mining company with an objective of producing graphite concentrate at its Lac Knife deposit located south west of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value, Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite.
The Lac Knife project hosts a Measured and Indicated Mineral Resource Estimate* of 9.58 million tonnes grading 14.77% graphitic carbon (Cg) (432,000 tonnes Measured @ 23.66% Cg and 9,144,000 tonnes Indicated @ 14.35% Cg) as natural flake graphite with an additional Inferred Mineral Resource Estimate* of 3.1 million tonnes grading 13.25% Cg. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite concentrate.
The Feasibility Study filed with SEDAR (www.sedar.com) on August 8, 2014 for the Lac Knife Project indicates the project is economically viable and has the potential to become a low cost graphite concentrate producer based on 7.86 million tonnes of Proven and Probable Mineral Reserves** grading 15.13% Cg included in the Mineral Resource (429,000 tonnes Proven @ 23.61% Cg and 7,428,000 tonnes Probable @ 14.64% Cg).
On May 27, 2014 the Company announced the potential for high value added sales in the Li-ion battery sector following battery coin cell tests performed on Spherical Graphite ("SPG") produced from the Lac Knife graphite concentrate. Testing measured the performance metrics and confirmed Focus' capability to tailor lithium ion battery-anode-grade graphite and value added products to meet the most stringent customer specifications.
On February 26, 2015, the Company announced the results from independent laboratory testing that indicated Coated Spherical Graphite ("CSPG") produced from Lac Knife concentrate outperformed synthetic graphite anodes for use in lithium-ion batteries.
On November 25, 2015, the Company announced results from independent laboratory testing that reported "zero loss" in long-term battery anode cycle testing of high purity CSPG produced from Lac Knife concentrate.
On March 31, 2016, the Company announced the introduction of a high conductivity graphite cathode material produced from expanded Lac Knife graphite and exhibiting twice the conductivity of cathodes versus standard grades of synthetic and natural flake graphite used in commercially available lithium-ion batteries.
On August 8, 2016, the Company announced it has successfully purified fine flake graphite - sourced at its wholly owned Lac Knife, Québec deposit - from 95% to 99.99% purity using a proprietary energy efficient purification process. Attaining a 99.99% purity level from fine graphite flake is significant. Focus now has the technology to economically purify low value fine flake graphite or, "fines" to a high value material needed for the production of lithium-ion batteries.
On August 17, 2016, the Company reported that the maiden core drilling program conducted at its Lac Tétépisca graphite project in 2014 intersected significant subsurface graphitic mineralisation along the trend of 1.5 km long MAG-EM anomaly including in hole LT-14-04 which intersected 103.9 m (true thickness) grading 10.25% Cg.
Focus Graphite is a technology-oriented graphite mining development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
* Mineral resources are not mineral reserves and do not have demonstrated economic viability
** The Measured and Indicated Mineral Resources are inclusive of those Mineral Resources modified to produce the Mineral Reserve. The reference point for the Mineral Reserve Estimate is the mill feed.
For more information about Focus Graphite, please visit www.focusgraphite.com
Forward Looking Statement
This News Release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the Company in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the Company; (xii) the risks associated with the various environmental regulations the Company is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; and (xvii) the risk of potential dilution through the issue of common shares.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this News Release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.
CONTACT INFORMATION
Focus Graphite Inc.
Mr. Gary Economo
President & Chief Executive Officer
+1 613-241-4040
geconomo@focusgraphite.com
www.focusgraphite.com
Focus Graphite Reports that Initial Locked Cycle Flotation Tests on Lac Tétépisca Mineralisation Achieve 92.7 % Graphite Recovery and Concentrate Grades of 96.2% Carbon for all Flake Sizes Combined
Graphite Quebec
OTTAWA, ONTARIO--(Marketwired - Feb. 1, 2017) - Focus Graphite Inc. (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) ("Focus" or the "Company") is pleased to report initial Locked Cycle flotation Test1 (LCT) results from its 100%-owned Lac Tétépisca Graphite Project ("the Project") located southwest of the Manicouagan reservoir in the Côte-Nord administrative region of north-eastern Québec. The LCT was performed by SGS Canada Inc. (SGS) on a 155 kg Master composite graphite mineralization sample. Further open circuit cleaner testing was conducted on six variability graphite mineralization samples (total: 108 kg).
Highlights:
The LCT produced an overall graphite recovery of 92.7% total Carbon2 (Ct)
The average grades of the "jumbo" (+48 mesh) and "large" (-48/+80 mesh) flake categories were 95.6% Ct and 95.0% Ct, respectively
The "medium" sized flakes (-80/+100 mesh) graded 96.3% Ct
The "fine" flake products (-100/+200 mesh) yielded an average grade of 97.7% Ct
These initial test results indicate that all concentrate size fractions above 400 mesh have a high carbon grade ranging from 95.0% Ct to 97.8% Ct. High carbon flake graphite concentrates translate into reduced levels of impurities to be removed during the purification process.
The principal objectives of the scoping level metallurgical test program were to design a conceptual flotation flowsheet that can upgrade the Lac Tétépisca graphite mineralization into a concentrate grading at least 96% Ct while minimizing flake size degradation.
The conceptual flowsheet was developed using results from a series of 14 flotation tests and the closed-circuit performance was evaluated in a LCT. The flotation test program was completed on a 155 kg Master composite and six variability samples (total: 108 kg) originating from representative Lac Tétépisca graphite mineralization. The LCT produced an overall graphite recovery of 92.7% at a combined concentrate grade of 96.2% Ct.
Focus President and CEO Gary Economo said: "These initial Locked Cycle flotation test results serve as an excellent starting point for future optimization of the conceptual Lac Tétépisca concentrator process flow sheet".
"Lac Tétépisca has the potential to meet our future supply obligations for graphite-based polymers for the automotive and other industries, whereas our flagship Lac Knife project's high purity concentrate production is planned for clean technology, renewable energy markets that require high quality coated spherical graphite," Mr. Economo added.
In 2014, Focus conducted a preliminary metallurgical characterization of a 10 kg composite channel sample of graphite mineralization from the Lac Tétépisca project. The metallurgical test work which was carried out at SGS in Lakefield, Ontario, achieved a carbon content averaging 94.7% Ct for all flake sizes above 200 mesh, including 97.7% Ct for +80 mesh flake - a quality that is critical to the lithium ion battery market (refer to Focus news release dated October 20, 2014 available at www.focusgraphite.com and at www.sedar.com).
The flake size distribution in the concentrate that was generated in the LCT using the 2016 Master composite is presented in Table 1. A total of 17.2% of the concentrate mass reported to the "jumbo" flake category (+48 mesh). The "large" flake category (-48/+80 mesh) contained 20.5% of the concentrate mass. Another 7.9% of the mass reported to the "medium" flake size fraction (-80/+100 mesh) (Table 1).
Interestingly, the finer flake size distribution classes (+400/-100 mesh) also reported carbon grades above 95% Ct.
Table 1: Lac Tétépisca concentrate flake size distribution and total carbon (Ct) grades.
Category Size Fraction
Mesh Size Fraction
Microns Weight
% Assays
% Ct Distribution
% Ct
Jumbo +32 mesh +500 4.2 95.8 4.1
+48 mesh +300 13.0 95.6 12.9
Large +65 mesh +212 13.5 95.0 13.4
+80 mesh +180 7.0 95.0 6.9
Medium +100 mesh +150 7.9 96.3 7.9
Fine +150 mesh +106 13.0 97.8 13.2
+200 mesh +75 15.4 97.7 15.7
Very Fine +325 mesh +45 15.8 96.7 15.9
+400 mesh +38 3.6 95.2 3.6
-400 mesh -38 6.6 92.9 6.4
Total: 100.0 100.0
A total of six variability composites ranging from low-grade disseminated material grading 3.81% graphitic carbon2 (Cg) to high-grade massive mineralization grading 22.3% Cg produced consistent metallurgical results when subjected to the developed flowsheet conditions.
The combined concentrate grades for the six variability samples ranged from 95.4% Ct to 97.8% Ct with open circuit graphite recoveries of 84.9% to 91.6%.
The mass recovery into the "large" and "jumbo" flake categories for the six variability composites ranged between 31.8% for the massive mineralization composite, to 62.0% for the low-grade disseminated composite.
1 A Locked Cycle Test (LCT) is a repetitive batch flotation test conducted to assess flow sheet design. It is the preferred method for arriving at a metallurgical projection from laboratory testing. In a LCT the intermediate products are incorporated in the following cycles, thus simulating a continuous flotation circuit on a laboratory scale.
2 All carbon analyses were performed by SGS Canada Inc. ("SGS") and are reported as total carbon ("Ct"). The analytical methods that were used to determine the metallurgical results included total carbon analysis by Leco on the final concentrates. Total carbon assays are for the higher graphite concentrate grades, whereas graphitic carbon ("Cg") assays are for drill core and it is a more accurate method when graphitic carbon content is lower than approximately 50% Cg.
About SGS Metallurgical Services (Lakefield)
SGS Canada Inc. (SGS) is recognized as a world leader in the development of concentrator flowsheet design and pilot plant testing programs. SGS' Metallurgical Services division was founded over half a century ago. Its metallurgists, hydro-metallurgists and chemical engineers are experienced in all the major physical and chemical separation processes utilized in the recovery of metals and minerals contained in resource properties around the world.
Qualified Person
The information pertaining to the metallurgical test program completed by SGS that is presented in this news release has been reviewed and approved by Mr. Oliver Peters, M.Sc., P.Eng., MBA, Consulting Metallurgist for SGS Canada Inc. and Principal Metallurgist of Metpro Management Inc. Mr. Peters has extensive experience in the development of metallurgical processes and has managed the majority of the graphite testing programs conducted at SGS in recent years.
Mr. Marc-André Bernier, M.Sc., P.Geo. (Québec and Ontario), a Director of the Company and a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content of this news release relating to the Lac Tétépisca project metallurgical test results.
About the Lac Tétépisca Graphite Project
Focus Graphite's 100%-owned Lac Tétépisca Graphite Project consists of 87 contiguous map-designated claims ("CDC") covering 4,692.82 ha. The Project is located in the Southwest Manicouagan reservoir area, 234 km north-northwest of Baie-Comeau, an industrial city located where the Manicouagan River intersects the North shore of St. Lawrence River. The Project is accessible year-round by logging roads that connect to Highway 389, which in turn connects to Baie-Comeau.
Focus discovered graphitic mineralization at Lac Tétépisca as a result of prospecting and trenching work conducted in 2012 and in 2013. In 2014, the Company drilled 16 shallow holes along four fences spaced 200 m apart (total: 1,875 m). The drilling covered a 600 m strike length section of a 1.5-km long electromagnetic (EM) conductor mapped by a combined magnetic (MAG)-EM ground geophysical survey and now referred to as the "Manicouagan Ouest Graphitic Corridor" (MOGC). Eleven (11) holes intersected significant graphitic mineralisation including hole LT-14-04 which intersected 103.9 m (true thickness) grading 10.25% Cg (refer to Focus news releases August 17, 2016 available at www.focusgraphite.com and at www.sedar.com).
In 2016, Focus drilled an additional 18 holes (total: 2,424 m) to test the continuity of the graphitic mineralization within the MOGC with respect to the variability of graphitic carbon thickness and grades. Fifteen (15) holes intersected significant graphitic mineralization with grades ranging from 5.6% Cg to 19.35% Cg over a minimum true thickness of 6.2 m. Hole LT-16-32 intersected 102.1 m (true thickness) grading 10.7% Cg (refer to Focus news releases dated January 20, 2017 available at www.focusgraphite.com and at www.sedar.com).
A map of the Lac Tétépisca project is available on the Company's website at www.focusgraphite.com.
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FOCUS GRAPHITE
Last Trade: CA$0.105
Daily Change: 0.005 4.55
Daily Volume: 1.03M
Market Cap: CA$19.2M
January 24, 2017
Focus Graphite Reports a 26% Increase in Measured and Indicated Mineral Resources at its Lac Knife Flake Graphite Project, Quebec
January 20, 2017
Focus Graphite Reports 102.1 m grading 10.7% Graphitic Carbon (Cg) from Infill and Extension Drilling Program at Lac Tetepisca, Québec
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The Quebec Government Confirms Receipt of Focus Graphite's Technical Documents in Support of the Environmental and Social Impact Assessment for its Lac Knife Natural Flake Graphite Project
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February 07, 2017 12:40 ET
Grafoid Introduces GrafeneX - a Graphene Adherent, Tunable and Multi-Functional Coating Technology for Large Surface Industrial Applications
A Focus Graphite Related Company Introduces a Novel Platform for Industrial Scale Hydrophobic/Hydrophilic Ultra-Thin Graphene Coatings for Metal, Glass, Polymer, Ceramic and Other Substrate Applications
KINGSTON, ONTARIO--(Marketwired - Feb. 7, 2017) - Grafoid Inc., a world leading graphene R&D and investment company announces its entry into the global industrial coatings market with the introduction of its patent pending GrafeneX graphene coatings technology.
Grafoid's largest shareholder is Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC), owner of the Lac Knife high-grade flake graphite deposit in Quebec. Focus Graphite holds two off-take agreements with Grafoid to supply it with high-purity graphite for graphene application commercialization with joint venture partners.
GrafeneX is a novel technology that creates a platform for the deposition of Graphene and chemically functionalized Graphene coatings.
This enabling process provides Grafoid with the capability to apply its diverse graphene-based coatings to many different types of material substrates with controllable levels of surface coverage, thickness etc. to meet precise end user requirements.
One of the key obstacles to graphene's broad, universal industrial acceptance is the absence to date of low-cost, high performing graphene applications that can be successfully adapted for use across all industrial sectors. BCC Market Research reports the global market for paints and coatings is anticipated to rise to $164.1 billion in 2021 at a compound annual growth rate of 4.4% from 2016-2021.
Other market research indicates even higher revenue values.
Grafoid President and CEO Gary Economo described the GrafeneX technologies as a cost-effective way of laying down graphene coatings on large surface areas.
"Demand exists for advanced multifunctional technologies capable of successfully disrupting existing business models," Mr. Economo said. "We believe our novel, low-cost, coating technologies will encourage interest from those industries developing next generation materials and products."
About GrafeneX
The GrafeneX process applies Graphene based coatings to substrate materials including polymers, glasses, most metals and refractories (See Figure 1).
GrafeneX is applied using a proprietary, room temperature, top-down process, designed as an inline continuous surface conversion process compatible with most conventional industrial coil-to-coil and roll-to-roll coating facilities.
In its typical embodiment, the process sequence would include: surface preparation (cleaning & activation), graphene oxide application, removal of a benign carrier and conversion to a Graphene based surface coating.
To the greatest degree, the GrapheneX process uses commonly available conversion coating technologies, has a straightforward modular design with a compact footprint that is scalable with production speed. A GrafeneX line can either be retrofitted to existing finishing lines, or function as a stand-alone finishing system.
Mr. Economo said that the GrafeneX line of technologies and services are consistent with Grafoid's business model for long-term growth and revenue sustainability through joint venturing, licensing and fees for services.
"As of today, with near zero competition, our GrafeneX technologies position our Company us as a front-runner for large area graphene coatings development," Mr. Economo said.
GrafeneX enabling characteristics and properties include:
The ability to coat large surfaces on metals, semiconductors, ceramics, polymers and glass and the ability to coat fibers, rods and bars
Designed for coil-to-coil and conveyor applications from batch to continuous process
Environmentally safe to benign, flexible technology in terms of coatings uses for: hydrophobic, hydrophilic, super hydrophobic, oleophobic and oleophilic applications
Variable coating thickness (from monolayer to few layer)
Many of the physical/chemical properties are tunable (Figure 2)
Good adhesion to substrates (as tested using the ASTM E-335 on aluminum foil) (Figure 3)
GrafeneX coating technology may be used in various industrial, consumer, military, marine, avionics, energy storage, packaging, building materials, electronics, transportation, environmental remediation, intelligent fabrics, sporting goods and medical industries.
Four versions of GrafeneX coatings labeled A to D are available, namely:
GrafeneX (A) which serves many sectors as a precursor coating with hydrophilic properties.
GrafeneX (B) are electrically conductive, hydrophobic coatings, or with tunable electric conduction and may be used for:
Li-ion battery electrode materials, or other energy storage devices
Supercapacitors
EMI shielding applications
Transparent and flexible electronics
Nanoelectronics
Nanogenerators
Solar cells
Fuel cells and hydrogen storage
Photodetectors
Organic LEDs (OLEDs) and displays
Corrosion protection
GrafeneX (C) are super-hydrophobic coatings which may be used as:
Water-repellant and anti-fouling coatings
Self-cleaning surfaces
Anti-icing and anti-fogging coatings for:
Windows
Eyeglasses
Corrosion protective coatings for a variety of industries, including:
Automotive
Marine
GrafeneX (D) coatings have hydrophilic properties and may be used as:
Paint primers and pre-treatments
Adhesion-promoting coatings for joining two dissimilar materials, such as attaching polymers to metals (example: automotive industry)
More intensive applications can potentially include:
Surface modification of implants or scaffold materials in tissue engineering
Drug delivery & cancer therapy
Bio-sensors, electrochemical biosensors
Other types of sensors, such as: Contact sensors, nanoelectromechanical sensors, chemical sensors, non-contact sensors, etc.
About Grafoid Inc.
Grafoid is focused on three areas of graphene-related technology development seen as "low-hanging fruit" for industrial adoption.
They are graphene based materials for energy creation, storage and transmission; graphene based polymers and; graphene coatings for all industrial sectors.
A privately held Canadian corporation, Grafoid invests in graphene applications and economically scalable production processes for graphene and graphene derivatives from raw, unprocessed graphite ore. Focus Graphite Inc. holds a significant interest in Grafoid Inc.
Incorporated in 2011, Grafoid's global enterprise platform includes 17 subsidiary companies engaged in the development of Mesograf™ materials and products, and GrafeneX ultra-thin graphene industrial coatings and commercialization development services. They include, but are not limited to: Mesograf™ lithium batteries for electric vehicles, consumer electronics, and industrial energy storage; polymers, plastics, rubber, elastomers, and composite materials; fiber science including aluminum alloys; lubricants; fire retardant materials; thermal management solutions; EMI/RFI/EMP shielding; solar solutions, and analytical testing; and laboratory services.
Grafoid's research is supported through the Industrial Research Assistance Program (IRAP) of the National Research Council of Canada, and, on February 20, 2015, Grafoid received an $8.1 million investment from the SD Tech Fund™ of Sustainable Development Technology Canada (SDTC) to develop a technology that will automate Mesograf™ graphene production and end-product development. SDTC is mandated by the Government of Canada to support clean technology companies as they move their technologies to market.
For more information about Grafoid, please visit http://www.grafoid.com.
To view Figures 1-3 please click the following link: http://media3.marketwire.com/docs/FocusFigs1-3-27.pdf
CONTACT INFORMATION
Grafoid Inc.
Gary Economo
President and CEO
geconomo@grafoid.com
Grafoid Introduces GrafeneX - a Cost-Effective Graphene Adherent, Tunable and Multi-Functional Coating Technology for Large Surface Industrial Applications
A Novel Platform for Industrial Scale Hydrophobic/Hydrophilic Ultra-Thin Graphene Coatings for Metal, Glass, Polymer, Ceramic and Other Substrate Applications
KINGSTON, ONTARIO--(Marketwired - Jan. 31, 2017) - Grafoid Inc., a world leading graphene R&D and investment company announced today its entry into the global industrial coatings market with the introduction of its patent pending GrafeneX graphene coatings technology.
GrafeneX is a novel technology that creates a platform for the deposition of Graphene and chemically functionalized Graphene coatings.
This enabling process provides Grafoid with the capability to apply its diverse graphene-based coatings to many different types of material substrates with controllable levels of surface coverage, thickness etc. to meet precise end user requirements.
One of the key obstacles to graphene's broad, universal industrial acceptance is the absence to date of low-cost, high performing graphene applications that can be successfully adapted for use across all industrial sectors. BCC Market Research reports the global market for paints and coatings is anticipated to rise to $164.1 billion in 2021 at a compound annual growth rate of 4.4% from 2016-2021.
Other market research indicates even higher revenue values.
Grafoid President and CEO Gary Economo described the GrafeneX technologies as a cost-effective way of laying down graphene coatings on large surface areas.
"Demand exists for advanced multifunctional technologies capable of successfully disrupting existing business models," Mr. Economo said. "We believe our novel, low-cost, coating technologies will encourage interest from those industries developing next generation materials and products."
About GrafeneX
The GrafeneX process applies Graphene based coatings to substrate materials including polymers, glasses, most metals and refractories (See Figure 1).
To view Figure 1, click on the following link: http://media3.marketwire.com/docs/4476f1.pdf
GrafeneX is applied using a proprietary, room temperature, top-down process, designed as an inline continuous surface conversion process compatible with most conventional industrial coil-to-coil and roll-to-roll coating facilities.
In its typical embodiment, the process sequence would include: surface preparation (cleaning & activation), graphene oxide application, removal of a benign carrier and conversion to a Graphene based surface coating.
To the greatest degree, the GrapheneX process uses commonly available conversion coating technologies, has a straightforward modular design with a compact footprint that is scalable with production speed. A GrafeneX line can either be retrofitted to existing finishing lines, or function as a stand-alone finishing system.
Mr. Economo said that the GrafeneX line of technologies and services are consistent with Grafoid's business model for long-term growth and revenue sustainability through joint venturing, licensing and fees for services.
"As of today, with near zero competition, our GrafeneX technologies position our Company us as a front-runner for large area graphene coatings development," Mr. Economo said.
GrafeneX enabling characteristics and properties include:
The ability to coat large surfaces on metals, semiconductors, ceramics, polymers and glass and the ability to coat fibers, rods and bars
Designed for coil-to-coil and conveyor applications from batch to continuous process
Environmentally safe to benign, flexible technology in terms of coatings uses for: hydrophobic, hydrophilic, super hydrophobic, oleophobic and oleophilic applications
Variable coating thickness (from monolayer to few layer)
Many of the physical/chemical properties are tunable (Figure 2)
Good adhesion to substrates (as tested using the ASTM E-335 on aluminum foil) (Figure 3)
GrafeneX coating technology may be used in various industrial, consumer, military, marine, avionics, energy storage, packaging, building materials, electronics, transportation, environmental remediation, intelligent fabrics, sporting goods and medical industries.
Four versions of GrafeneX coatings labeled A to D are available, namely:
GrafeneX (A) which serves many sectors as a precursor coating with hydrophilic properties.
GrafeneX (B) are electrically conductive, hydrophobic coatings, or with tunable electric conduction and may be used for :
Li-ion battery electrode materials, or other energy storage devices
Supercapacitors
EMI shielding applications
Transparent and flexible electronics
Nanoelectronics
Nanogenerators
Solar cells
Fuel cells and hydrogen storage
Photodetectors
Organic LEDs (OLEDs) and displays
Corrosion protection
GrafeneX (C) are super-hydrophobic coatings which may be used as:
Water-repellant and anti-fouling coatings
Self-cleaning surfaces
Anti-icing and anti-fogging coatings for:
Windows
Eyeglasses
Corrosion protective coatings for a variety of industries, including:
Automotive
Marine
GrafeneX (D) coatings have hydrophilic properties and may be used as:
Paint primers and pre-treatments
Adhesion-promoting coatings for joining two dissimilar materials, such as attaching polymers to metals (example: automotive industry)
More intensive applications can potentially include:
Surface modification of implants or scaffold materials in tissue engineering
Drug delivery & cancer therapy
Bio-sensors, electrochemical biosensors
Other types of sensors, such as: Contact sensors, nanoelectromechanical sensors, chemical sensors, non-contact sensors, etc.
About Grafoid Inc.
Grafoid is focused on three areas of graphene-related technology development seen as "low-hanging fruit" for industrial adoption.
They are graphene based materials for energy creation, storage and transmission; graphene based polymers and; graphene coatings for all industrial sectors.
Grafoid is a world leading graphene R&D and investment company. The company provides expertise as well as product and processes for transformative, industrial-scale graphene applications in partnership with leading corporations and institutions around the world.
A privately held Canadian corporation, Grafoid invests in graphene applications and economically scalable production processes for graphene and graphene derivatives from raw, unprocessed graphite ore. Focus Graphite Inc. holds a significant interest in Grafoid Inc.
Incorporated in 2011, Grafoid's global enterprise platform includes 17 subsidiary companies engaged in the development of Mesograf™ materials and products, and GrafeneX ultra-thin graphene industrial coatings and commercialization development services. They include, but are not limited to: Mesograf™ lithium batteries for electric vehicles, consumer electronics, and industrial energy storage; polymers, plastics, rubber, elastomers, and composite materials; fiber science including aluminum alloys; lubricants; fire retardant materials; thermal management solutions; EMI/RFI/EMP shielding; solar solutions, and analytical testing; and laboratory services.
Grafoid's research is supported through the Industrial Research Assistance Program (IRAP) of the National Research Council of Canada, and, on February 20, 2015, Grafoid received an $8.1 million investment from the SD Tech Fund™ of Sustainable Development Technology Canada (SDTC) to develop a technology that will automate Mesograf™ graphene production and end-product development. SDTC is mandated by the Government of Canada to support clean technology companies as they move their technologies to market.
For more information about Grafoid, please visit http://www.grafoid.com.
To view Figure 2, click on the following link: http://media3.marketwire.com/docs/4476f2.pdf
To view Figure 3, click on the following link: http://media3.marketwire.com/docs/4476f3.pdf
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FMS.V - Daily Candlesticks
It is an extremely soft mineral at 1 to 2 on Mohs' hardness scale. It is black and has a black streak. (Streak is the color of a mineral when it is crushed to a powder). Its softness and streak make graphite useful in making "lead" for pencils. Crystals are uncommon, but when they occur, they are found as rough, six-sided (hexagonal) flakes, as in the drawing. It breaks into minute, flexible flakes that easily slide over one another. Mineralogists call this basal cleavage. This feature is the cause of graphite's distinctive greasy feel. It is this greasy characteristic that makes graphite a good lubricant. Because it is a solid material, it is known as a dry lubricant. Graphite is the only non-metal element that is a good conductor of electricity. In nature, graphite is found in two distinct forms, flake graphite and lump graphite. Lump graphite is more compact than flake and lacks the distinctive flaking mentioned earlier.
Name
Graphite was named from the Greek verb graphein meaning to write because it was used in the manufacture of pencils. The name was given by Abraham Gottlob Werner in 1789.
Its "Old World" (that is, old European) name was plumbago which means black lead, a reference to its use in pencils.
Sources
It is estimated that the world reserves of graphite exceed 800 million tons. China is the most significant graphite-producing nation, providing nearly one-half of the United States' annual graphite demand. Flake graphite is also imported to the United States from Brazil, Canada, and Madagascar. Lump graphite is imported from Sri Lanka. Graphite resources in the United States are very small. At one time a significant deposit at Ticonderoga, New York, was exploited, but this source no longer produces graphite. For a number of years, the United States has not produced natural mineral graphite and is completely dependent on the combination of imported, synthetic graphite, and recycled graphite sources.
Uses
Because graphite flakes slip over one another, giving it its greasy feel, graphite has long been used as a lubricant in applications where "wet" lubricants, such as oil, can not be used. Technological changes are reducing the need for this application.
Natural graphite is used mostly in what are called refractory applications. Refractory applications are those that involve extremely high heat and therefore demand materials that will not melt or disintegrate under such extreme conditions. One example of this use is in the crucibles used in the steel industry. Such refractory applications account for the majority of the usage of graphite.
It is also used to make brake linings, lubricants, and molds in foundries. A variety of other industrial uses account for the remaining graphite consumed each year.
Graphene's emergence as the "new silicon" and Focus Metals' participation at the graphene development and patenting level primes our company - and our shareholders - to reap the rewards from emerging applications that will replace aging computing, communications and industrial technologies.
According to the renowned research scientist Dr. Gordon Chiu, head of Focus Metals' Graphene Joint Venture, the quality of the graphite source - which Focus Metals holds in abundance - directly affects the quality and performance state of graphene, an allotrope of carbon that holds unique physical properties.
"Scientifically and commercially, our business program looks for definites; looks to financially minimize risk, and; ultimately, we look to maximize shareholder value," Dr. Chiu said.
Graphene is considered to be one of the strongest substances known to science. It occurs naturally in graphite; is 200 times stronger than steel and is so thin it is transparent, but, unlike its source, diamond, it is flexible and electrically conductive.
It is anticipated the first consumer products using graphene will be released by the fourth quarter of 2011 or early 2012 as components of computing or communications devices.
As a transistor, graphene holds remarkable advantages over silicon in terms of processing speed and, more importantly, by obviating the need for internal cooling fans as it functions at room temperature.
As a component for industrial, aviation and infrastructural use, for example, graphene's lightness and strength provide opportunities for those sectors to re-think engineering design and functionality.
Graphene for use in graphene-saturated battery and super-charging capacitor applications sFor investors in those sectors, the long-term cost-savings inherent with those sectoral applications are incalculable at this time.
The trillion dollars spent globally on research and development on fullerenes and carbon nano-tubes during the last two decades laid the scientific groundwork for today's application development of graphene.
The difference today is that graphene provides a stable, practical and useful material which has, as of yet, no equal in nature, in science, or in manufactured applications.
Graphene, according to some observers, will change the way we live.
But what is it?
- Graphene is taken from graphite, which is made up of weakly bonded layers of carbon.
Graphene is composed of carbon atoms arranged in tightly bound hexagons just one atom thick.
Three million sheets of graphene on top of each other would be 1mm thick.
The band structure of graphite was first theorised and calculated by P.R. Wallace in 1947, though for it to exist in the real world was thought impossible.
Due to the timing of this discovery, some conspiracy theorists have linked it to materials at the Roswell "crash site".
In 2004, teams including Andre Geim and Konstantin Novoselov demonstrated that single layers could be isolated, resulting in the award of the Nobel Prize for Physics in 2010.
The FMS Graphene Joint Venture
Focus Metals Inc., through its New York-based joint venture headed by Dr. Chiu, its Chief Scientist, surprised the scientific community in early 2011 when it announced its entrance into the graphene development arena - a domain dominated by industrial heavyweights IBM, Intel and Samsung.
The FMS Joint Venture, however, distinguishes itself with an understanding it has no competitors in its class, and its commercial development interests, under Dr. Chiu's direction, are focused on high-value, near-to-market graphene applications.
(The proprietary nature of some 25 specific projects at this time preclude the company from identifying its commercial development targets).
The joint venture's goal, said Dr. Chiu, "is to find a basket of self-sustaining technologies that require Focus Metals' participation to help them scale to their ultimate objectivies."
"They will need tons - not kilos - of graphene for their manufacturing processes," Dr. Chiu said. "And the quality of the graphite will directly affect the graphene. We (Focus Metals) have a significant advantage here."
Graphene is a remarkable substance.
Tens of billions of dollars are currently being spent on graphene research globally at university laboratories and in corporate research and development facilities in three principal sectors, namely: consumer electronics; computing devices and, industrial materials.
Additional research on a smaller scale is being applied to bio-medical application discoveries throughout the world.
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