M&A / Property
First Canadian investor Barton acquires 750,000 units

FCI · Price
Executive Summary
- Robert Craig Barton purchased 750,000 units of First Canadian Graphite Inc. at $0.08 per unit in a private placement.
- The acquisition raises his total indirect ownership to approximately 11.13 % of the company’s issued and outstanding common shares (20.38 % on a partially diluted basis if all warrants are exercised).
- An Early Warning Report has been filed with Canadian securities regulators pursuant to NI 62‑103F1.
Key Details
- Units Acquired: 750,000 units at $0.08 each; each unit includes one common share and one warrant exercisable for three years at $0.10.
- Pre‑Placement Holdings: 2,112,500 common shares and 2,112,500 warrants.
- Post‑Placement Direct/Indirect Holdings: 2,862,500 common shares (≈ 11.13 % of outstanding shares).
- Control Over Warrants: Holds control over an additional 2,862,500 warrants; exercising all would result in 5,725,000 common shares (≈ 20.38 % on a partially diluted basis).
- Purpose: Securities acquired for investment purposes; holdings will be reviewed continuously and may be increased or decreased.
- Regulatory Filing: Early Warning Report filed under National Instrument 62‑103F1; report available on SEDAR+.
Notable Quotes
(No direct quotes were provided in the release.)
More from First Canadian Graphite Inc.
Jul 31, 2026 · 12:09