First Canadian Graphite Receives $4.84 Million in Subscriptions for Oversubscribed Private Placement

• First Canadian Graphite received $4.84 million in private placement subscriptions, exceeding its target by $1.84 million, on November 12, 2026.
• The proposed issuance comprises 10,762,417 units at $0.45 each.
• Each unit includes one common share and one-half warrant exercisable at $0.75 for two years.
• Proceeds will fund general working capital, field stripping and an anticipated 20,000-metre diamond drilling program.
• Closing remains subject to regulatory approvals, including from the TSX Venture Exchange; conditional approval has been received.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Canadian Graphite Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202611121650ACCESSWRNAPR_____1250859) on November 12, 2026, and is solely responsible for the information contained therein.