On December 8, 2025, Focus Graphite Inc. (the “Company”) completed a bought deal private placement offering pursuant to the listed issuer financing exemption (the “Offering”) for gross proceeds of $3.9 million, including the partial exercise of an over-allotment option granted to Research Capital Corporation by the Company.
Under the Offering, the Company issued 9,273,410 units of the Company (the "Units") at a price of $0.42 per Unit. Each Unit consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant of the Company (a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.60 per Common Share until June 8, 2028.
Fasken advised Research Capital Corporation in connection with the Offering with a team led by John Sabetti, which included Victoria Zed, Cara Arsenault, and Anthony Foreshew (Articling Student).
Jurisdiction
- Ontario
