BULLETIN V2026-2521
FIRST CANADIAN GRAPHITE INC. ("FCI")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 31, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Agreement dated July 15, 2026, and Amended Agreement July 29, 2026, (collectively referred to as the "Agreement"), between First Canadian Graphite Inc. (the "Company") and arm's length parties ("Vendors"). Pursuant to the terms of the Agreement, the Company may acquire a 100% interest in 51 contiguous mining claims located in Northern Quebec.
By way of consideration, the Company will $30,000 in cash, issue an aggregate of 1.2 million common shares at a deemed price of 40 cents per share, and incur or finance $500,000 in exploration expenditures
In addition, the Agreement provides for contingent milestone payments totaling up to $850,000 value, up to a maximum of 2,125,000 common shares, payable upon the achievement of specific milestones. These milestones can be satisfied in common shares of the Company at a deemed price of 40 cents per share.
For further details, please refer to the Company's news releases dated July 16, 2026 and July 31, 2026.
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