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Focus Graphite Inc V.FMS.WT


Primary Symbol: V.FMS Alternate Symbol(s):  FCSMF

Focus Graphite Inc. is a Canada-based advanced exploration company, which is focused on developing high grade flake graphite deposits to supply battery grade graphite. The Company's projects include Lac Knife and Lac Tetepisca. Its flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Quebec, about 27 kilometers (kms) south of Fermont. The Lac Knife project is comprised of the Lac Knife property plus an isolated block of 12 CDC claims located 11 kms to the north of the Lac Knife property on NTS sheet 23B-11 (Montagne-aux-Bouleaux property). Its 100%-owned Lac Tetepisca Graphite Project is located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, one of North America's leading emerging flake graphite districts. It comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord. Together, the two properties form a block of approximately 126 map-designated claims (total area: 6,785.14 ha).


TSXV:FMS - Post by User

Bullboard Posts
Post by scissors14on Jun 12, 2015 6:29pm
1443 Views
Post# 23826307

Focus Graphite Announces Changes to Management

Focus Graphite Announces Changes to ManagementFocus Graphite Announces Changes to Management Company Reaffirms Strong Commitment Towards Execution of its Strategy OTTAWA, ONTARIO--(Marketwired - June 12, 2015) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC), an advanced stage graphite mining development company, announced today a decision of its Board of Directors to nominate Mr. Gary Economo as its President and Chief Operating Officer on an interim basis. Mr. Economo will also continue to serve as Chief Executive Officer and Director. This announcement results from a decision to end the Company's professional relationship with Mr. Don Baxter, due to a significant divergence of vision. "Today's decision is a reflection of the strong commitment of the members of our Board and leadership team towards our strategy and its execution. Focus Graphite is devoting all resources to achieve its objective to put Lac Knife into production, and then to bring to market value-added products for the Lithium-ion battery sector and we cannot accept to let any distraction interfere with this engagement towards our shareholders," said Focus Graphite Chairman Jeffrey York. The Board of Directors has already undertaken a recruitment process and expects a permanent appointment to be made in the coming months. The Company remains fully confident in its ability to continue to focus on the execution of its strategy and expects that the transition of responsibilities will not impact the Company's day-to-day operations Read more at https://www.stockhouse.com/news/press-releases/2015/06/12/focus-graphite-announces-changes-to-management#1x1OBQ8LSOGJj23I.99
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