Focus Graphite Announces Changes to Management

OTTAWA, ONTARIO--(Marketwired - June 12, 2015) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC), an advanced stage graphite mining development company, announced today a decision of its Board of Directors to nominate Mr. Gary Economo as its President and Chief Operating Officer on an interim basis. Mr. Economo will also continue to serve as Chief Executive Officer and Director. This announcement results from a decision to end the Company's professional relationship with Mr. Don Baxter, due to a significant divergence of vision.

"Today's decision is a reflection of the strong commitment of the members of our Board and leadership team towards our strategy and its execution. Focus Graphite is devoting all resources to achieve its objective to put Lac Knife into production, and then to bring to market value-added products for the Lithium-ion battery sector and we cannot accept to let any distraction interfere with this engagement towards our shareholders," said Focus Graphite Chairman Jeffrey York.

The Board of Directors has already undertaken a recruitment process and expects a permanent appointment to be made in the coming months. The Company remains fully confident in its ability to continue to focus on the execution of its strategy and expects that the transition of responsibilities will not impact the Company's day-to-day operations.

About Focus Graphite

Focus Graphite Inc. is an advanced mining development company with an objective of producing graphite concentrate at its Lac Knife deposit located south west of Fermont, Québec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value, Focus is evaluating the feasibility of producing value added graphite products including battery-grade spherical graphite.

The Lac Knife project hosts a Measured and Indicated Mineral Resource Estimate* of 9.58 million tonnes grading 14.77% graphitic carbon (Cg) (432,000 tonnes Measured @ 23.66% Cg and 9,144,000 tonnes Indicated @ 14.35% Cg) as natural flake graphite with an additional Inferred Mineral Resource Estimate* of 3.1 million tonnes grading 13.25% Cg. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite concentrate.