Northwire Canada EditionWednesday, August 19, 2026
Northwire
CERT 2.28 −2.6% FMAN 0.365 −8.8% AAUC 29.22 −5.8% WEC 0.015 +0.0% ATY 0.260 +0.0% GEN 0.060 +9.1% HMR 0.490 +2.1% SKP 0.165 +10.0% AZM 0.620 +0.0% AEM 259.53 −0.8% CG 29.58 −2.7% KS 0.160 +0.0% EMN 0.100 +5.3% CPAU 0.140 +0.0% SAG 1.23 +0.0% NAU 1.62 −9.0% CERT 2.28 −2.6% FMAN 0.365 −8.8% AAUC 29.22 −5.8% WEC 0.015 +0.0% ATY 0.260 +0.0% GEN 0.060 +9.1% HMR 0.490 +2.1% SKP 0.165 +10.0% AZM 0.620 +0.0% AEM 259.53 −0.8% CG 29.58 −2.7% KS 0.160 +0.0% EMN 0.100 +5.3% CPAU 0.140 +0.0% SAG 1.23 +0.0% NAU 1.62 −9.0%

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Original News Release

Focus chairman converts $200,000 loan into shares

Mr. Dean Hanisch reports FOCUS GRAPHITE CHAIRMAN CONVERTS C$200,000 LOAN TO EQUITY, STRENGTHENING BALANCE SHEET AHEAD OF KEY MILESTONES Focus Graphite Inc. chairman Jeff York has initiated the conversion of his long-standing private loan into equity. This step marks the beginning of a board-led plan to gradually eliminate the loan, strengthen the balance sheet and position the company to advance its projects toward production while enhancing its attractiveness for future financing opportunities. Over the years, Mr. York, through his holding company, JJJY Holdings Inc., has provided $1,535,000 in private financing, underscoring his long-term commitment to Focus Graphite. As part of this continuing support, he has now converted $200,000 of his loan into 571,428 shares at 35 cents per share. To comply with TSX Venture Exchange Policy 4.1, which caps individual ownership at 20 per cent, Mr. York recently sold 488,000 shares for $161,831.20. While the sale was required for compliance, the conversion represented a larger amount of capital than was sold, resulting in a net increase to his overall position in the company. "This step is about supporting Focus Graphite for the long term," said Mr. York. "By reducing debt and increasing equity, I'm reinforcing my confidence in the company's direction under new leadership. Focus Graphite has the potential to supply environmentally responsible graphite essential to Canada and its allies. With important milestones ahead as we advance Lac Knife and Lac Tetepisca, I'm proud to continue supporting the company's progress on its mission." The company intends to work with Mr. York to further reduce and ultimately eliminate the loan through additional conversions, executed responsibly to protect shareholder value. This pro-active approach avoids resolving the entire loan at once and preserves financial flexibility. To the extent that share sales are required for compliance, they will be limited, carefully timed and managed in a manner intended to minimize any impact on the share price. With some of the highest-grade flake graphite resources in North America, a strengthened balance sheet and a growing network of partnerships, Focus Graphite is advancing its Lac Knife and Lac Tetepisca projects toward production, positioning itself to serve clean energy, defence and specialty markets with sustainable graphite solutions. About Focus Graphite Inc. Focus Graphite is redefining the future of critical minerals with two 100-per-cent-owned world-class graphite projects and cutting-edge battery technology. Its flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence and advanced materials industries. The company's Lac Tetepisca project further strengthens its portfolio, with the potential to be one of the largest, highest-purity and highest-grade graphite deposits in North America. At Focus, the company goes beyond mining; it is pioneering environmentally sustainable processing solutions and innovative battery technologies, including its patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency. Focus Graphite's commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of the company's vision. Focus Graphite actively partners with industry leaders, research institutions and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, the company is dedicated to securing a resilient, locally sourced supply of critical minerals -- reducing dependence on foreign-controlled markets and driving the transition to a sustainable future. We seek Safe Harbor.
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