Focus Metals changes its name to Focus Graphite Inc.
30.05.2012/3/2012 OTTAWA, - Focus Metals Inc. (TSX-V: FMS; OTCQX: FCSMF; FRANKFURT: FKC) (the “Company”) is pleased to announce that, following the approval of a special resolution by the Company's shareholders, the Company is pleased to announce that it has joined The Annual General Meeting and Special Session held in Ottawa, Ontario on May 25, 2012, changed its name and will be listed on the TSX Venture Exchange (the "Stock Exchange") as of May XNUMX, XNUMX under the name "Focus Graphite Inc." . The company will continue to be listed on the stock exchange under the symbol "FMS".
Gary Economo, President and CEO of Focus Graphite, said the changed corporate identity would be closer to the company's core business.
"Focus Graphite is a watershed moment for us and our shareholders as we prepare for the transition from pre-exploration at Lac Knife to development in the coming 12 to 18 months," said Mr Economo.
"Our goal is to develop the world's best technological graphite and then make it," he said. "Another benefit for our shareholders will be our investment in commercialized Graphene through our joint venture partner Grafoid Inc."
On the 7. May 2012 announced Focus Metals Inc. and Hydro-Québec's world-leading research institute, IREQ, signing a licensing agreement to enable the construction of a graphite cleaning and graphite anode production facility for lithium-ion batteries.
Mr. Economo said that these agreements represented a cornerstone in the establishment of Focus Graphite's supply chain structure.
About Focus Graphite
Focus Graphite Inc. is an emerging junior mid-sized mining company, a technology solutions supplier and a business innovator. It owns the world's highest-grade resources of technological graphite (16%). The company's goal is to become a leader in the industry by becoming the lowest cost producer of graphite with technological content. As a technology-driven company committed to delivering long-term sustainable shareholder value, Focus Graphite has invested in graphene applications and patents through Grafoid Inc.
For more information please contact
Gary Economo
President and CEO
Tel .: 613-691-1091, ext. 101
Email: ppgad@pucrs.br
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Disclaimer regarding forward-looking statements
This press release may contain forward-looking statements that are not historical facts, as well as discussions of future plans and objectives. There is no certainty that such statements will prove to be correct. Such statements are necessarily based on a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those projected or anticipated. For key factors that could cause actual results to differ materially from Company's expectations, please refer to the documents filed from time to time with the TSX Venture Exchange and provincial securities authorities, and most of them at www.sedar. com are available.
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