The TSX Venture Exchange has accepted for filing an agreement dated July 15, 2026, and an amended agreement dated July 29, 2026, between First Canadian Graphite Inc. and arm's-length parties. Pursuant to the terms of the agreement, the company may acquire a 100-per-cent interest in 51 contiguous mining claims located in Northern Quebec.

By way of consideration, the company will $30,000 in cash, issue an aggregate of 1.2 million common shares at a deemed price of 40 cents per share and incur or finance $500,000 in exploration expenditures.

In addition, the agreement provides for contingent milestone payments totalling up to $850,000 value, up to a maximum of 2,125,000 common shares, payable upon the achievement of specific milestones. These milestones can be satisfied in common shares of the company at a deemed price of 40 cents per share.

For further details, please refer to the company's news releases dated July 16, 2026, and July 31, 2026.