Plan Nord

Focus Graphite Announces a Feasibility Study for Value Added Graphite Products

OTTAWA, ONTARIO--(Marketwired - April 9, 2015) -

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Focus Graphite Inc. ("Focus" or the "Company") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) announced today the launch of a feasibility study for the construction of a transformation plant for value-added graphite products in Sept-Iles, Québec. The company's aim is to become the first Canadian producer and exporter of technology grade graphite to meet the rising global demand for highly purified and shaped graphite used to manufacture anodes for lithium-ion rechargeable batteries, targeted specifically for use in hybrid and electric vehicles for the growing energy storage market.

The timing of the Company's announcement coincides with the launch of Québec Government's Plan Nord action plan for 2015-2020 - its long-term economic and social development vision to sustainably develop the northern Québec territory between now and 2035. Focus is honoured to be one of the companies invited to attend the re-launch event of Québec's Plan Nord.

As a stakeholder in Plan Nord, Focus Graphite is an advanced stage flake graphite mine development company and sole owner of the Lac Knife, Québec mining project, located 30 km south of Fermont, near the Québec-Labrador border. Graphite produced from the proposed Lac Knife mine can be sold in conventional graphite markets, but the superior quality of the graphite produced presents a greater opportunity to supply technology grade graphite to re-chargeable battery markets and portable electronic devices.

In May 2014 and in February 2015, the Company published its battery test results performed with Lac Knife spherical graphite. Those test results led to Focus' decision to proceed with its formal evaluation of a high value graphite production plant. Currently, tests of the Company's value added materials are ongoing with potential customers. Focus has also completed positive low-temperature thermal purification tests and other physical sizing and shaping methodology tests that form the basis for the value added graphite plant feasibility study now in progress.