First Canadian Graphite appoints LaGourgue CEO

Executive Summary

• First Canadian Graphite Inc. has appointed John LaGourgue as Chief Executive Officer and a member of the Board of Directors, effective immediately.
• LaGourgue replaces Thomas Yingling, who will transition to the role of President to focus on field operations and commercialization steps for 2026.
• The appointment aligns with the company's strategic vision to accelerate the development of its flagship Berkwood graphite project in Northern Quebec.

Key Details

• CEO Appointment: John LaGourgue appointed as CEO and Board Member.
• Previous Role: Thomas Yingling steps down as CEO to become President.
• LaGourgue’s Background:
  • Over 25 years in senior executive roles, board positions, and advisory roles.
  • Focus on microcap issuers in the resource sector.
  • Successfully led commercial and mining exploration programs.
  • Secured more than $100-million in debt and equity financing.
  • Experience in capital markets, commercial/governmental relations, business development, and operations.
• Strategic Context:
  • Focus on accelerating development of the Berkwood graphite project.
  • Goal to position First Canadian Graphite as a leader in the global graphite supply chain.
  • Vision to make the company a premier low-cost, high-quality graphite producer.
• Project Details (Berkwood):
  • Located in Northern Quebec.
  • High-grade, large-flake graphite resource.
  • Historical NI 43-101 estimate: 3.2 million tonnes of indicated and inferred resources.
  • Average grade: 17 per cent.
  • Adjacent to major world-class graphite developments.
  • Benefits from Quebec's clean hydroelectric power and supportive infrastructure.

Notable Quotes

• John LaGourgue, CEO: "I am honoured to join the FCI team and look forward to driving an exciting new phase for the company. I see tremendous potential to position First Canadian Graphite as a leader in the global graphite supply chain."
• John LaGourgue, CEO: "Our world-class graphite district features some of the highest-grade and highest-quality graphitic bodies in existence, located in Quebec's mining-friendly jurisdiction with excellent road access and global shipping capabilities. These graphitic bodies have drawn me to this opportunity and my vision is to make First Canadian a premier low-cost, high-quality graphite producer."
• Thomas Yingling, President: "We are thrilled to welcome John LaGourgue to lead First Canadian at this pivotal time."