Mr. Dean Hanisch reports
FOCUS GRAPHITE ANNOUNCES STRATEGIC DEBT SETTLEMENT WITH DONTECH GLOBAL INC.
Focus Graphite Inc. has proposed a debt settlement agreement with Dontech Global Inc., a consulting firm controlled by Joseph Doninger, Focus Graphite's vice-president of research and development.
Mr. Doninger, a globally recognized expert in graphite and carbon materials with over 50 years of industry experience, has elected to receive shares in lieu of cash compensation, underscoring his belief in the exceptional quality and strategic value of Focus's Lac Knife project and the proprietary technology he has developed with the company.
About Mr. Doninger
Mr. Doninger has spent a lifetime advancing graphite-based technologies and is considered one of the pioneers in the development of battery-grade graphite. With decades of hands-on experience, including senior roles at leading graphite and carbon companies worldwide, he brings unparalleled insight and technical expertise. At Focus, he has led the research and development of its patent-pending (U.S. patent No. 18/278,659) silicon-enhanced spheroidized graphite, an innovative material designed to significantly boost lithium-ion-battery performance.
Why shares over salary? a powerful endorsement
Under the agreement, Dontech Global will convert $107,399.63 ($74,707.59 (U.S.)) in services invoiced to Focus into 1,073,996 common shares at a deemed price of 10 cents per share, pending approval from the TSX Venture Exchange. This move reflects not just financial alignment, but an unwavering commitment to the company's mission and materials.
"I've worked with carbon and graphite materials for more than 50 years," said Mr. Doninger. "When I came across Focus's Lac Knife graphite, I immediately knew this was the best natural flake graphite I had ever seen. That's why I chose to develop my silicon-enhanced spheroidized graphite technology with Focus -- because it starts with superior raw material. Combine that with the company's new direction of integrating innovative battery technologies and the recent exemption of Canadian natural flake graphite from U.S. tariffs -- a strategic advantage given the U.S. reliance on China -- and it was a clear choice for me. Taking shares instead of salary is simply a reflection of my confidence in Focus Graphite's future."
A win-win for innovation and execution
Focus Graphite views this transaction as a strategic advantage. By converting debt to equity, the company retains more capital to advance its breakthrough technologies and accelerate project development without increasing financial strain.
"This kind of commitment speaks volumes," said Dean Hanisch, chief executive officer of Focus Graphite. "Mr. Doninger and I are very much aligned in our belief that success-based compensation is far more powerful than simply drawing a salary. We both believe that Focus Graphite is uniquely positioned in North America to lead in the high-purity graphite space, which is critical to national security and next-gen battery technologies. With the U.S. confirming no tariffs on Canadian natural flake graphite, it's not a question of if. It's when. We're right where we need to be."
This agreement highlights the strong belief within the company's leadership that Focus Graphite's advanced-stage Lac Knife deposit -- one of the world's highest-purity-and-grade natural flake graphite projects combined with its open-platform battery anode technology -- is uniquely positioned to meet North America's rising demand for secure, high performance graphite materials.
About Focus Graphite Inc.
Focus Graphite is redefining the future of critical minerals with two 100-per-cent-owned world-class graphite projects and cutting-edge battery technology. Its flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence and advanced material industries.
Its Lac Tetepisca project further strengthens its portfolio, with the potential to be one of the largest and highest-grade-and-purity graphite deposits in North America.
At Focus, it goes beyond mining. It is pioneering environmentally sustainable processing solutions and cutting-edge battery technologies, including its patent-pending proprietary silicone-enhanced spheroidized graphite technology, designed to enhance battery performance and efficiency. Its commitment to innovation ensures a chemical-free, ecofriendly supply chain from mine to market.
Collaboration is at the core of its vision. The company actively partners with industry leaders, research institutions and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, it is dedicated to securing a resilient, locally sourced supply of critical minerals -- reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.
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