Announcement • May 05
Focus Graphite Inc., Annual General Meeting, Jul 10, 2026 Focus Graphite Inc., Annual General Meeting, Jul 10, 2026. Announcement • Apr 18
Focus Graphite Inc. Appoints Wayne Eyre to its Advisory Board Focus Graphite Inc. announced the appointment of General (Retired) Wayne Eyre, former Chief of the Defence Staff ("CDS") of the Canadian Armed Forces ("CAF"), to its Advisory Board. This appointment comes at a time when global security priorities are increasingly shaped by access to secure, reliable supply chains for critical minerals essential to defence systems, energy storage, and advanced technologies. General Eyre served more than forty (40) years in the CAF, culminating as CDS from 2021 to 2024, where he led Canada's military through a period of rapidly evolving geopolitical and security challenges. Throughout his career, he commanded at all levels, including the Canadian Army and Military Personnel Command. He served on numerous overseas missions including in the Former Yugoslavia, Afghanistan, and as Deputy Commander of United Nations Command in Korea, where he was the most senior Canadian officer ever permanently stationed in the Asia Pacific region. He brings extensive operational and institutional experience across U.S. and allied defence systems, including completion of the U.S. Army Special Forces Qualification Course, the U.S. Marine Corps Command and Staff College, the U.S. Marine Corps School of Advanced Warfighting, and the U.S. Army War College. General Eyre holds a Bachelor of Science and three master's degrees in Military Studies, Operational Studies, and Strategic Studies. His decorations include the Commander of the Order of Military Merit, the Meritorious Service Cross, and multiple international honours from allied nations, recognizing his leadership and service across the globe. He is currently a Visiting Professor and Senior Fellow at the University of Ottawa's Graduate School of Public and International Affairs, and continues to advise on global security, defence transformation, and strategic leadership. In his role with Focus, General Eyre will provide strategic guidance on defence-related applications of graphite, support engagement with allied and NATO-aligned partners, and advise on positioning the Company within evolving North American and allied critical minerals frameworks. New Risk • Jan 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.4m free cash flow). Negative equity (-CA$3.6m). Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$45.5m market cap, or US$33.7m).