Focus Graphite's Lac Knife Material Passes C4V Validation Testing, Advances to Next-Stage Battery Qualification 
  Independent U.S. laboratories confirm Phase I battery performance, paving the way for pouch cell and OEM-scale testing 
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  October 22, 2025 5:00 AM EDT | Source:  Focus Graphite Inc.  Ottawa, Ontario--(Newsfile Corp. - October 22, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"),  a leading developer of high-grade flake graphite deposits and innovator  of next-generation lithium-ion battery technology, is pleased to  announce that its Lac Knife graphite anode material has successfully  passed Phase I battery validation testing, conducted by both Charge CCCV  LLC ("C4V") and American Energy Technologies Company ("AETC").  The concurrent, independent U.S. laboratory test programs confirmed  that Lac Knife natural graphite achieved near-theoretical  electrochemical capacity (~371 mAh/g), demonstrating high purity, crystallinity,  and strong suitability for lithium-ion battery anode applications. The  successful completion of these evaluations represents a major milestone  toward commercial-scale qualification within C4V's global supply-chain  program and future OEM-level validation.
  The testing was conducted  using material refined at AETC under Focus's direction. AETC performed  control testing based on its established parameters for Focus's  graphite, while C4V carried out independent validation through its  proprietary Digital DNA™ ("DDNA") program, which applies  industry-standard cell performance benchmarks. Despite minor variations  inherent to coin-cell assembly and laboratory calibration, both  laboratories confirmed that Focus's Lac Knife material exceeded internal  baseline qualification thresholds. Based on these results, C4V has  advanced the material to Phase II of its qualification program, which  includes pouch-cell fabrication and large-format validation for  commercial-scale evaluation. In parallel, Focus plans to explore  additional large-format testing initiatives with AETC to further assess  scalability and performance consistency.
  Under identical test  conditions, Focus's natural graphite (lot number GN250619002) was  compared to C4V's baseline synthetic graphite reference material. The  Focus sample achieved a first-cycle discharge capacity of approximately  373 mAh/g-essentially reaching the theoretical maximum for  graphite-while exhibiting good stability. Although electrode density and  long-cycle performance were modestly lower than the baseline, the  material surpassed C4V's qualification benchmarks, confirming its  readiness for large-format pouch-cell validation-a more accurate and  scalable measure of performance using a semi-automated testing platform  that directly correlates with electric-vehicle ("EV") and energy-storage-system ("ESS") cell designs required by original equipment manufacturers ("OEMs").
  The  Company previously demonstrated strong lithium-ion battery performance  from its Lac Knife material; however, these independently verified,  third-party results now supersede earlier findings and establish a  modern, industry-standard baseline that will support future offtake  qualification and commercial evaluation.
  "These results validate  the quality of our Lac Knife graphite and its suitability for  next-generation anode production," said Dean Hanisch, CEO of Focus  Graphite. "Having both AETC and C4V confirm the material's strong  performance gives us confidence as we move into pouch cell testing - the  next step toward commercial readiness."
  "C4V is pleased to see  Focus Graphite's Lac Knife material successfully complete our Phase 1  validation process under our DDNA program," said Baasit Ali, VP Supply  Chain at C4V. "The material has demonstrated strong electrochemical  validation and purity characteristics that align well with our  high-performance anode requirements. We look forward to advancing into  pouch cell fabrication and validation, which will provide a clearer  picture of its scalability for EV and ESS applications."
  Next Steps
 
 - Fabrication and testing of pouch cells using Focus's Lac Knife graphite by C4V
 - Long-term cycling and safety validation under C4V's DDNA qualification program
 - Subsequent scaling to large-format cell testing with industry partners for commercial qualification
  Focus  Graphite's continued collaboration with C4V and AETC underscores its  commitment to establishing a North American supply of high-performance,  ESG-compliant graphite anode material, supporting the energy transition  and critical minerals independence objectives shared by both Canada and  its allies. The Company will continue to prioritize dual-use battery  initiatives serving both civilian and defense-sector applications.
  About Charge CCCV LLC (C4V™).  
  C4V™  is a lithium-ion battery technology company possessing critical  insights related to the optimum performance of lithium-ion batteries and  Gigafactory's. C4V's discoveries have been fruitful in vastly extending  battery life, safety and charge performance, however more important is  the Gigafactory offering that allows emerging countries to establish  their own robust manufacturing ecosystem. C4V works with  industry-leading raw material suppliers and equipment supply chain to  bring to market fully optimized batteries possessing key economic  advantages providing the ultimate "best in class" performance for  various applications and end- to-end solutions to produce them on a  Gigawatt hour scale. With its unique and innovative business model C4V  is rapidly gearing towards 100+GWh of cell production capacity globally  by 2032 and its Digital DNA Supply Chain solution ensures materials meet  the highest industry standards for performance and reliability.
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  About American Energy Technologies Co. (AETC).
  American  Energy Technologies Co. (AETC) is a woman-owned, privately-held  business which conducts operations out of the greater Chicago area. In  its Wheeling, IL facility, AETC operates three business units: a  manufacturing plant making battery-ready graphite and carbon materials, a  pilot demonstration facility for battery materials and graphite  dispersions, and a fully functional applications laboratory supporting  the above business units. 
  AETC works with industrial partners and  manufacturing groups worldwide, including the U.S. Department of War,  to ensure materials meet performance standards and strategic  requirements. Their facilities are equipped for testing, downstream  processing, AI-driven manufacturing and carbon material development.
  For more information on AETC please visit api.newsfilecorp.com 
  About Focus Graphite Advanced Materials Inc.  
  Focus  Graphite Advanced Materials is redefining the future of critical  minerals with two 100% owned world-class graphite projects and  cutting-edge battery technology. Our 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, defense, and advanced materials  industries.
  Our Lac Tetepisca project further strengthens our  portfolio, with the potential to be one of the largest and  highest-purity and grade graphite deposits in North America. At Focus,  we go beyond mining - we are pioneering environmentally sustainable  processing solutions and innovative battery technologies, including our  patent-pending silicon-enhanced spheroidized graphite, designed to  enhance battery performance and efficiency.
  Our commitment to  innovation ensures a chemical-free, eco-friendly supply chain from mine  to market. Collaboration is at the core of our vision. We actively  partner with industry leaders, research institutions, and government  agencies to accelerate the commercialization of next-generation graphite  materials. As a North American company, we are 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.
  For more information on Focus Graphite Inc. please visit api.newsfilecorp.com 
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  Investors Contact: 
  Dean Hanisch CEO, Focus Graphite Inc.  dhanisch@focusgraphite.com +1 (613) 612-6060                                 
  Jason Latkowcer VP Corporate Development  jlatkowcer@focusgraphite.com
  Cautionary Note Regarding Forward-Looking Statements
  Certain  statements contained in this press release constitute forward-looking  information. These statements relate to future events or future  performance. The use of any of the words "could," "intend," "expect,"  "believe," "will," "projected," "estimated," and similar expressions, as  well as statements relating to matters that are not historical facts,  are intended to identify forward-looking information and are based on  the Company's current beliefs or assumptions as to the outcome and  timing of such future events.
  In particular, this press  release contains forward-looking information regarding, among other  things, the anticipated benefits of the Company's recent battery testing  results; the advancement of Focus Graphite's Lac Knife graphite anode  material through C4V's multi-phase validation process; the potential  performance of the material in future pouch cell, large-format, or  commercial-scale testing; and the possible qualification of the material  within original equipment manufacturer (OEM) supply chains.  Forward-looking information also includes statements about the Company's  objectives to expand downstream partnerships, strengthen its technology  development and commercialization initiatives, and position its Lac  Knife and Lac Tetepisca projects as key contributors to North America's  graphite supply chain and energy-transition ecosystem.
  Forward-looking  statements are subject to known and unknown risks, uncertainties, and  other factors that may cause actual results, performance, or  achievements to differ materially from those expressed or implied by  such statements. These risks and uncertainties include, but are not  limited to, risks related to market conditions, regulatory approvals,  changes in economic conditions, the ability to raise sufficient funds on  acceptable terms or at all, operational risks associated with mineral  exploration and development, and other risks detailed from time to time  in the Company's public disclosure documents available under its profile  on SEDAR+.
  The forward-looking information contained in  this release is made as of the date hereof, and the Company is not  obligated to update or revise any forward-looking information, whether  as a result of new information, future events, or otherwise, except as  required by applicable securities laws. Because of the risks,  uncertainties, and assumptions contained herein, investors should not  place undue reliance on forward-looking information.
  Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
 
    SOURCE:  Focus Graphite Inc. |