An anonymous director reports
FIRST CANADIAN GRAPHITE INC. ANNOUNCES FINANCINGS
Further to its press release dated Nov. 18, 2025, First Canadian Graphite Inc. will be applying to the Toronto Stock Exchange for approval to increase the financing as to $740,000 (oversubscribed as to $515,000). The financing will now consist of 4,933,333 units at 15 cents. Each unit shall comprise one common share and one warrant exercisable at 20 cents for two years.
The gross proceeds from the hard-dollar financing will be for general working capital. While the company intends to spend the proceeds from the financing as stated above, there may be circumstances where, for sound business reasons, funds may be reallocated at the discretion of the board.
A finder's fee may be payable in accordance with the policies of the TSX Venture Exchange.
The closing of the financing is subject to receipt of all necessary regulatory approvals, including the TSX-V. The securities issued under the financing will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws.
About First Canadian Graphite Inc.
First Canadian Graphite is managed by a team with over 150 years collectively with a proven record of not just finding numerous mines but building and operating them too. The company's management team's most recent success is discovering the Berkwood graphite resource in Northern Quebec. The company owns this asset 100 per cent, and the company's shareholders will benefit from this asset as the demand for graphite for electric vehicles increases significantly.
We seek Safe Harbor.
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