Mr. John LaGourgue reports

FIRST CANADIAN GRAPHITE APPOINTS SCOTT KELLY AS CHIEF FINANCIAL OFFICER

First Canadian Graphite Inc. has appointed Scott Kelly to the position of chief financial officer, effective immediately.

Mr. Kelly brings over 20 years of extensive experience as a senior financial executive and director in the resource sector across North America and South America. He has successfully guided public and private companies through all stages of growth, including IPOs (initial public offerings), project development, transition to commercial production and value-creating exit transactions.

Mr. Kelly previously served as chief financial officer of Marlin Gold Mining Ltd. and Mako Mining Corp., vice-president of finance for Pediment Gold Corp., and CFO of Ely Gold Royalties, which was later acquired by Gold Royalty Corp. He is also a co-founder of Dryden Gold Corp., where he continues to serve as director and CFO.

"Adding Scott to the First Canadian Graphite team is another step in transforming First Canadian Graphite into a leading critical minerals producer in the North American supply chain," said John LaGourgue, chief executive officer. "Scott's proven track record in financial leadership, capital markets expertise and successful project advancement makes him the ideal person to guide our financial strategy as we advance our graphite projects and create long-term value for our shareholders. His depth of experience will be instrumental as we move into this exciting next phase of growth."

The company also announced that, concurrent with Mr. Kelly's appointment, Thomas Yingling, president, and Brijender (Binny) Jassal, chief financial officer, are no longer employed with the company. These management changes aim to strengthen the company's executive leadership and governance structure.