First Canadian Graphite Inc Corporate Update

First Canadian Graphite Inc. (FCI) announced the granting of stock options to directors, officers, and consultants under its 2026 Omnibus Share Incentive Plan. The total grant consists of 2,300,000 stock options with a ten-year term and an exercise price of $0.50 per option. The options vest 25% every six months and are subject to a four-month-plus-one-day hold period.
The 2026 Omnibus Share Incentive Plan was adopted at the Annual and Special General Meeting on July 7, 2026. The grant was made in accordance with Policy 4.4 - Security Based Compensation of the TSX Venture Exchange.
Commenting on the initiative, the company stated, "The 2026 Omnibus Equity Incentive Plan's objective is to create an incentive compensation program that is aligned with the Company's long-term objectives."