Focus Graphite appoints former BDC climate fund manager to board

OTTAWA - Focus Graphite Inc. (TSXV:FMS) announced Monday the appointment of Susan Rohac to its Board of Directors, replacing long-serving director Robin Dow who has stepped down to focus on personal pursuits. The announcement comes as the company’s stock shows remarkable momentum, with InvestingPro data revealing an impressive 363% year-to-date return and the share price trading near its 52-week high of $0.26.

Rohac brings over 34 years of experience from the Business Development Bank of Canada (BDC), where she most recently served as Managing Partner of the Climate Tech venture capital fund from 2017 to May 2025. In this role, she managed a portfolio exceeding $1 billion in assets, including a fully deployed $600 million fund and a $500 million second fund launched in 2022.

"She brings a strong track record in corporate finance and scaling industrial technologies, with a deep appreciation for Canada’s critical minerals opportunity," said Jeff York, Chairman of Focus Graphite, in a company press release.

The company also announced its participation in the Canadian Critical Minerals Investment Forum in Tokyo (August 26-28) and Korea (August 29-30). Focus Graphite is one of two Canadian graphite companies attending the event, which brings together investors, government officials, and industry leaders.

On August 14, company representatives visited the Lac Knife project site near Fermont, Québec, hosting a representative from Korea Mine Rehabilitation and Mineral Resources Corporation alongside Rohac. The delegation also met with Fermont officials to provide updates on the project’s progress.

In connection with Rohac’s appointment, Focus Graphite granted her 250,000 stock options exercisable at $0.35 per common share, expiring on August 17, 2030.

Focus Graphite is developing graphite projects in Québec, including its flagship Lac Knife project, which the company describes as one of the most advanced high-purity graphite deposits in North America. With a current market capitalization of $22.18 million, the company operates with moderate debt levels according to InvestingPro analysis, which identifies 11 additional key investment factors for the stock. Recent technical indicators suggest the stock is in overbought territory, making timing crucial for potential investors. Subscribers to InvestingPro can access detailed valuation metrics and comprehensive financial health scores to make more informed investment decisions.

In other recent news, Focus Graphite Advanced Materials Inc. announced the successful closure of a non-brokered private placement, raising gross proceeds of C$891,000. This financial move involved the issuance of 7,425,000 units, each priced at C$0.12. Each unit comprises one common share and one non-transferable common share purchase warrant. The warrants permit holders to acquire an additional common share at C$0.22 within a 24-month period. The offering has received conditional approval from the TSX Venture Exchange. These developments are part of Focus Graphite’s ongoing efforts to strengthen its financial position.

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