An anonymous director reports

FIRST CANADIAN GRAPHITE INC. CLOSES FT FINANCING

First Canadian Graphite Inc. has closed its flow-through financing as to $300,000 and has issued 1.5 million flow-through units at 20 cents. Each unit comprised one flow-through common share and one-half warrant. Each whole warrant will entitle the holder to purchase one common share exercisable at 25 cents for two years.

The gross proceeds from the issuance of flow-through shares will be used for exploration expenses on the company's Berkwood graphite project. 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 of 8 per cent cash ($24,000) has been paid, along with the issuance of 8 per cent in finder warrants (120,000 warrants), exercisable for two years at the exercise price of 20 cents, to Roche Securities Ltd. of Toronto, Ont.

All securities have been issued with the required four-month-plus-one-day hold from issuance.

The company confirms there are no material facts or material changes related to the company that have yet to be generally disclosed.

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.