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Last C$0.10 CAD
Change Today -0.015 / -13.04%
Volume 667.7K
As of 3:59 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

focus graphite inc (FMS) Snapshot

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52 Week High
09/3/14 - C$0.61
52 Week Low
08/31/15 - C$0.10
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Current Stock Chart for FOCUS GRAPHITE INC (FMS)

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focus graphite inc (FMS) Details

Focus Graphite Inc., a junior mining development company, engages in the acquisition, exploration, and development of mineral properties primarily in Québec, Canada. It primarily explores for graphite, rare earth elements, copper, nickel, platinum, palladium, and base metal deposits. The company owns interests in the Lac Knife graphite deposit that comprises 57 map-designated claims covering 2,986.31 hectares and is located to the south-southwest of Fermont town, Côte-Nord region. It also has interests in the Kwyjibo polymetallic Iron-Rare Earth Elements-Copper-(Gold) property, which consists of 118 map-designated claims covering 6,278 hectares and is located to the northeast of Sept-Îles, Côte-Nord administrative district; and the Romer & Labrador Trough project that comprises 13 properties covering approximately 668 square kilometers and is located in Quebec. The company was formerly known as Focus Metals Inc. and changed its name to Focus Graphite Inc. in May 2012. The company was incorporated in 1998 and is based in Ottawa, Canada.

Founded in 1998

focus graphite inc (FMS) Top Compensated Officers

Chief Executive Officer, President, Chief Ope...
Total Annual Compensation: C$450.0K
Chief Financial Officer, Treasurer and Secret...
Total Annual Compensation: C$135.0K
Compensation as of Fiscal Year 2014.

focus graphite inc (FMS) Key Developments

Focus Graphite Inc. Enters into Two Offtake Agreements with Grafoid Inc

Focus Graphite Inc. announced that it has entered into two offtake agreements with Grafoid Inc. The first offtake agreement (the "Energy Offtake") commits Grafoid to acquire, at its discretion, up to an annual maximum of 1,000 tonnes of high-purity (98.3% total carbon "Ct") large flake (+80 mesh) graphite concentrate annually from the Lac Knife Project for 10 years, representing up to 6.8% of the projected annual production of 14,606 tonnes of high-purity large flake concentrate. The second offtake agreement (the "Polymer Offtake") commits Grafoid to acquire, at its discretion, up to 25,000 tonnes of 97.8% Ct (average concentrate grade for all flake sizes) graphite concentrate annually from the Lac Knife Project for 10 years, representing up to 56.4% of the projected total annual production of 44,300 tonnes (all flake sizes).

Focus Graphite Inc. Announces Executive Changes

Focus Graphite Inc. announced 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.

Focus Graphite Inc., Annual General Meeting, May 01, 2015

Focus Graphite Inc., Annual General Meeting, May 01, 2015., at 12:00 US Eastern Standard Time. Location: Ottawa Hunt and Golf Clubb, 1 Hunt Cluub Road. Agenda: To receive the financial statements of the Corporation for the year ended September 330 , 2014, together with the report of the auditors thereon; to elect the directors for the forthcoming year; to appoint the auditors of the Corporation and to authorize the Board of Directors to establish the auditors’ remuneration; to approve the rolling stock option plan; and to re-confirm the shareholder rights plan.


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