July 18, 2025 – VANCOUVER, BC – TheNewswire – First Canadian Graphite Inc. (the “Company”) (TSX-V: FCI Frankfurt: BR20) announces its intention to raise up to $400,000 through the issuance of 5,000,000 units @ $0.08 per unit. Each unit will consist of one common share and one warrant exerciseable at $0.10 for there years. The proceeds of the private placement will be used for working capital. A finder’s fee may be payable in accordance with the policies of the TSX Venture Exchange.
The closing of the financing is subject to receipt of all necessary regulatory approvals including the TSX Venture Exchange.
On Behalf of the Board of Directors
First Canadian Graphite Inc.
President, CEO & Director
2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8
Phone: (438) 469-0705
#1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6
Phone: (604) 343-7740
FOR MORE INFORMATION, PLEASE CONTACT:
This email address is being protected from spambots. You need JavaScript enabled to view it. or 1-604-343-7740
Website: https://firstcanadiangraphite.com/
Disclaimer for Forward-Looking Information: Certain statements in this document that are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward-looking statements in this news release include the following: The Company will carry out the drill program described in this news release, conduct the Offering, and expend funds on Berkwood Graphite Project exploration. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that further permits may not be granted timely or at all; the mineral claims may prove to be unworthy of further expenditure; there may not be an economic mineral resource; methods we thought would be effective may not prove to be in practice or on our claims; economic, competitive, governmental, environmental and technological factors may affect the Company's operations, markets, products and prices; our specific plans and timing drilling, fieldwork and other plans may change; we may not have access to or be able to develop any minerals because of cost factors, type of terrain, or availability of equipment and technology; and we may also not raise sufficient funds to carry out our plans. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under the Company's SEDAR profile at https://www.sedarplus.ca/landingpage/. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates, and assumptions, which may prove to be incorrect. Except as required by law, we will not update these forward-looking statement risk factors.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.
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