Focus Graphite

The Focus Lac Knife graphite deposit is located on the Labrador border and contains a NI 43-101 compliant resource of some 8 million tons grading 16% graphite, making it the highest grade graphite resource in the world.

over 12 years ago

NR - Flow Through Placement of up to $10M at $1.30

Focus Graphite

over 12 years ago

http://www.marketwire.com/press-release/focus-metals-inc-announces-bought-deal-private-placement-of-flow-through-shares-tsx-venture-fms-1623828.htm

Well Kim, this may drop our SP a bit tomorrow but I guess management is striking while the iron is hot, or the interest is there. A Bought Deal is always a strong sign.

This also may present an opportunity for someone like me to sell my current shares and get into this PP - and get the tax break. Will have to run some numbers and see where the SP is at, at open.