Northwire Canada EditionThursday, July 23, 2026
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Production / Operations

Full Circle Lithium Expands U.S. Distribution Network for FCL-X(TM) Lithium Battery Fire Extinguishing Products

FCLI · Price

Executive Summary

  • Full Circle Lithium announced two new U.S. distribution agreements (Golden Enterprises Inc. in New York and SHUR‑SALES & Marketing Inc. covering 12 western states), expanding its national distributor base to ten.
  • The company retained ICP Securities for market‑making services (C$7,500/month) and Machai Capital for digital marketing (C$200,000 cash plus 250,000 share purchase options), supporting a broader commercial rollout of its FCL‑X™ lithium‑battery fire extinguishing product.
  • Management highlighted the expansion as a catalyst for revenue growth in 2026 and signaled forthcoming pilot deployments with U.S. government agencies and waste‑management firms.

Key Details

  • New Distribution Partners
  • Golden Enterprises Inc. – exclusive representation for New York State.
  • SHUR‑SALES & Marketing Inc. – coverage of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, New Mexico, Nevada, Oregon, Washington, Wyoming, and Utah.

  • Network Expansion

  • Total U.S. distributors increased from eight to ten, enhancing sales, support, and market penetration in two high‑demand states (California & New York).

  • Revenue Outlook

  • Company expects the expanded network to drive “potential revenue growth” in fiscal year 2026.

  • Vertical Market Opportunities

  • Ongoing discussions for pilot deployments with U.S. government agencies (GSA‑listed) and waste‑management sector (EPA, DOE, DOD, municipal waste facilities).
  • Anticipated announcements of initial pilots and collaborative projects over the coming months.

  • Marketing & Market‑Making Agreements

  • Machai Capital Inc. – Digital marketing services (SEO, SEM, lead generation, social media, email, brand marketing). Compensation: C$200,000 cash plus 250,000 common share purchase options (12‑month vesting, two‑year expiry). Agreement subject to TSX V approval.
  • ICP Securities Inc. – Automated market‑making services using ICP Premium™ algorithm. Fee: C$7,500 per month (plus taxes). Term: 12 months starting 5 Sept 2025, auto‑renewing monthly unless 30‑day notice given. No performance‑based compensation or stock options attached.

  • CEO Quote

  • “Partnering with Golden Enterprises and SHUR‑SALES enables FCL to reach two of the largest and most advanced public safety markets in the U.S., positioning us to better serve municipalities, first responders, and commercial/industrial clients facing an urgent need for effective lithium‑ion battery fire extinguishing agents.” – Carlos Vicens, CEO

  • Forward‑Looking Statements

  • The release contains forward‑looking statements regarding market adoption, pilot deployments, production ramp‑up, capital raising, and regulatory approvals. Risks and uncertainties are detailed in the company’s public filings.
Read the original news release →

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