Hydrogeological Assessment Concludes Multi-Year Environmental Program and Supports Upcoming ESIA Submission

Ottawa, Ontario – Newsfile Corp. – June 15, 2026 – Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“) a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce the completion of the Hydrogeological Assessment (the “Assessment” or the “Study“) for its wholly-owned Lac Knife Graphite Project (“Lac Knife” or the “Project“), concluding a multi-year environmental program and completing the major technical work required to support the Company’s Environmental and Social Impact Assessment (“ESIA“) submission.

Completed by Yves Leblanc, P.Geo., of Richelieu Hydrogeologie Inc. (“Richelieu“) under the supervision and management of IOS Geosciences Inc. (“IOS“), the assessment evaluated existing groundwater conditions, regional hydraulic systems, natural geochemical characteristics, and the long-term environmental performance of the redesigned dry-stack tailings storage facility (“TSF“) introduced as part of the 2021 Feasibility Study (“2021 Feasibility“) update.

Based on the monitoring of more than thirty (30) wells, the Assessment confirmed that naturally occurring groundwater conditions at Lac Knife are well understood. Groundwater in the immediate vicinity of the deposit exhibits slightly acidic and sulphate-rich characteristics associated with the natural oxidation of sulphide-bearing graphite mineralization but becomes progressively buffered as it migrates away from the deposit. The Study also established natural background concentrations for certain elements associated with the mineralization, creating a scientifically supported baseline for future groundwater monitoring and environmental modelling.

The Study provides important technical validation of the Company’s environmental management strategy and further de-risks the Project by confirming that natural hydrogeological conditions are well understood and that the engineered containment systems incorporated into the TSF design are expected to perform as intended over the long term.

Importantly, the Assessment confirmed that regional groundwater flow is naturally diverted away from the deposit by the hydraulic gradient associated with the Pekan River valley. While portions of the deposit surface naturally drain toward Knife Lake, subsurface groundwater follows a separate flow regime toward the southwest, reducing the potential for interaction between groundwater and surrounding aquatic environments.

The Study also evaluated the long-term performance of the redesigned dry-stack TSF. As contemplated in the 2021 Feasibility update prepared by NewFields Canada (“NewFields“), the facility incorporates a combination of dry-stacked tailings and approximately 10% dolomitic lime to buffer acid generation from sulphide oxidation. The design further incorporates an engineered impermeable liner system, non-acid generating waste rock containment dykes, underlying drainage infrastructure, and water collection and treatment systems intended to recycle water back into the processing circuit.

Using contaminant concentrations derived from 2021-2022 column leaching test work, the Assessment modelled a range of groundwater infiltration scenarios to evaluate the long-term behaviour of dissolved constituents. Under the engineered design assumptions, hydrogeological modelling indicates that dissolved constituents would be sufficiently diluted before reaching potential groundwater resurgence zones and are not forecast to exceed applicable environmental criteria established by Quebec’s Ministry of the Environment (“MELCCFP“) over the long term.

The Study also incorporated sensitivity analyses using infiltration scenarios from the tailings facility significantly beyond normal design expectations, including conditions that would require substantial degradation of the engineered liner and drainage systems. These analyses demonstrated the resilience of the TSF design while reinforcing the importance of the multiple engineered containment measures incorporated into the Project.

In addition, climate change precipitation scenarios were evaluated and did not indicate material adverse impacts on the long-term environmental performance of the facility. The Assessment concludes with recommendations for future monitoring and mitigation measures that will be integrated into the Project’s environmental management framework.

Dean Hanisch, Chief Executive Officer of Focus Graphite, commented, “Completing the remaining environmental studies and required reports is a major milestone for Lac Knife and reflects years of disciplined technical work and significant capital investment. In advanced mining jurisdictions, environmental assessment is a rigorous, multi-year process that cannot be rushed, and mining companies should realistically expect it to take five years or more to meet today’s standards. Having now completed these outstanding studies, Focus has advanced through a critical stage that provides Lac Knife with a meaningful first-mover advantage.

With Lac Knife’s exceptional 15.6% Cg grade, Focus is positioned to produce and sell graphite concentrate profitably while helping reduce reliance on foreign-controlled or potentially adversarial sources in North American and G7 supply chains. In graphite, grade is the critical equalizer: without exceptional grade, it is nearly impossible for North American graphite projects to compete globally, and Lac Knife’s grade is what sets the Project apart.”

Jason Latkowcer, Vice President, Corporate Development, added, “Supply chains begin with projects that can actually be built. The market often celebrates discoveries, but sophisticated investors understand that grade, infrastructure, permitting, and technical de-risking are where durable value is created. Environmental permitting represents one of the most important value creation catalysts in project development. Our focus now shifts to advancing through the regulatory process while continuing to evaluate pilot-scale production opportunities on location that could further accelerate the development of this strategic asset.”

With the completion of the Study, Focus has completed the major technical environmental work supporting its ESIA process, subject to government review. The Company will now advance the compilation and submission of its updated ESIA package to Quebec’s Ministere de l’Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (MELCCFP), the provincial authority responsible for environmental review of mining projects. This submission is expected to initiate the next stage of the regulatory process, including public consultation activities administered through the Bureau d’audiences publiques sur l’environnement (“BAPE“), and represents an important step toward permitting and the continued advancement of the Lac Knife Project.

Lac Knife is recognized as one of North America’s highest-grade graphite deposits and is strategically positioned to support growing demand for critical minerals across energy storage, advanced manufacturing, semiconductor, industrial, and emerging defence applications.

Qualified Person

The technical content disclosed in this news release was reviewed and approved by Rejean Girard, P.Geo. (QC), President of IOS Geosciences Inc., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.

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 http://www.focusgraphite.com
LinkedIn: https://www.linkedin.com/company/focus-graphite/
Facebook: https://www.facebook.com/focusgraphite
X: https://x.com/focusgraphite

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 advancement of the Lac Knife Graphite Project toward permitting readiness and future development; the completion of the major technical environmental work program supporting the environmental and social impact assessment (“ESIA”) process; the compilation, timing and submission of the ESIA package; the review of the ESIA by Québec’s Ministère de l’Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (“MELCCFP”) and any associated public consultation process conducted by the Bureau d’audiences publiques sur l’environnement (“BAPE”); the anticipated benefits of the completed Hydrogeological Assessment and other environmental and technical studies; the long-term environmental performance of the proposed dry-stack tailings storage facility and related water management systems; the implementation of future monitoring and mitigation measures; the Company’s ability to obtain required permits, approvals and authorizations; the timing and completion of future project milestones; the evaluation and potential advancement of pilot-scale production opportunities; the future development, construction and operation of the Lac Knife Project; the role of the Project in supporting North American and allied critical mineral supply chains; and the Company’s long-term development strategy.

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.

The issuer is solely responsible for the content of this announcement.

• With €5.8 billion in annual business volume, more than 12,000 employees and operations in over 190 countries, Redion is the world’s #1 in employee benefits and #2 in assistance and travel insurance
• In Asia, where we have presence in Japan, Hong Kong, Malaysia, Singapore, and Thailand, Redion is bringing clarity and consistency across the travel protection solutions, supported by its global scale and 24/7 traveler support

HONG KONG SAR – Media OutReach Newswire – 15 June 2026 – On Monday 15 June, Generali Group revealed Redion: a new brand for its global Care platform, which brings together the activities of Europ Assistance and Generali Employee Benefits (GEB) under a single identity and offering. Having operated as an integrated entity within Generali Care for nearly three years, Redion is the brand Generali Care deserves — one that honours the extraordinary work already accomplished and makes visible, to the world, what clients and partners have experienced for years. Antoine Parisi, current CEO of Generali CARE Hub, will lead Redion as group CEO.

With more than 12,000 employees, operations in over 190 countries and €5.8 billion in annual business volume (FY 2025), Redion is the world’s #1 in employee benefits — following the acquisition of Swiss Life Network earlier in 2026 — and the world’s #2 in assistance and travel insurance. The platform serves multinational corporations, global travel companies, financial institutions and their end-customers, delivering services spanning travel insurance, emergency and medical assistance, employee protection (life, disability, accident, medical), health and mobility solutions — as well as global B2B2C programmes and embedded insurance for financial institutions, travel platforms and multinational employers.

Giulio Terzariol, Group Deputy CEO of Generali, said: “Redion is the expression of what Generali Care has already become: a global, integrated platform, purpose-built to deliver comprehensive Care across every dimension of people’s lives. Fully aligned with our “Lifetime Partner 27: Driving Excellence” strategy and our ambition to lead in protection, health and accident, Redion embodies a simple, immediate and consistent standard of Care, bringing together complementary capabilities in prevention, insurance and assistance in one seamless, global proposition.”

Jean-Laurent Granier, CEO of Generali France & Global Business Activities and Chairman of Redion, said: “I sit in three seats at this table — as Chairman of Redion, as a network partner through GEB, and as a client on the assistance side. From all three, my reading is the same: for some time now, the reality of this organisation has been well ahead of the brand carrying it. The quality, the global reach, the genuine depth of expertise — that is already real, already experienced by our partners and clients every day. Today we simply give it the brand it deserves.”

A brand that reflects a platform already at full scale

Redion is built on the complementary depth of two industry leaders. Europ Assistance, the creator of the global assistance industry now over 60 years ago, has expanded its expertise over time into travel insurance, roadside assistance and personal services. GEB, established in 1966, is the global platform dedicated to the human capital of multinational corporations and, following the acquisition of Swiss Life Network earlier in 2026, the undisputed worldwide leader in employee benefits. Under Redion, these two bodies of expertise are fully unified: one data strategy, pooled AI investment and a single elevated standard across technology and operations — available to every client and partner, across every market.

For existing clients and partners, there is complete continuity. Contracts, service teams, phone numbers and SLAs remain unchanged. The brand is new; the commitment is the same one that has been in place for decades.

Antoine Parisi, Global CEO of Redion, said: “Redion reflects the determination of our teams to deliver an enhanced, integrated and technology-enabled proposition for clients and partners worldwide. One brand means one data strategy, pooled AI investment and a single, elevated standard across our technology platform. The Redion name carries no geographic or sectoral ceiling. But what I want people to understand is that behind the technology stands a network of tens of thousands of doctors, nurses, roadside technicians and local experts who show up in person when it matters most. We are digital-first — and human always. Any client, anywhere can choose to be served entirely by people. That is what always ready, always on truly means.”

Technology and AI at the heart of the platform

Redion places technology, data and artificial intelligence at the centre of its development — with a dual objective: to significantly improve the speed and quality of services, and to deliver smoother, more personalised experiences. The platform is building its own technological solutions to transform the Care experience in depth, complementing the human expertise and partner networks that have always been at its core. In every critical situation — from medical repatriation to workplace injury — AI supports human decision- making; it does not replace it.

Built on two operating values — Excellence and being Easy to work with — Redion embodies Generali Group’s ambition to be the world’s premier Care partner. That means being Caring, Collaborative, Agile, Reliable and Expert in every interaction, for every client, in every country.

Strengthening local presence and long-term investment in Asia

Redion is bringing greater clarity and consistency across the Asian markets in which it operates, notably Japan, Hong Kong, Malaysia, Singapore, and Thailand. These markets represent key growth priorities, supported by strong local teams and leadership.

Since entering these markets, the Group has reinforced its travel solutions, supported by more than 350 local employees.

The rebrand reflects Redion’s commitment to local decision-making across the full travel protection value chain, combined with global scale and 24/7 care for travelers. It also simplifies regional engagement for both current and prospective partners.

Hassen Bennour, CEO of Redion for Asia Pacific (APAC) said:
“Redion marks an important step for our region. The new name reflects our international footprint, with 45% of revenue generated outside Europe, and supports our growth ambition in the Asia market and the broader APAC region. As Redion comes together under one global identity, we will deliver a more unified experience for travellers across our region and beyond.”

For more information about Redion, visit:
Region Asia: redion.com

Hashtag: #Redion #Generali #TravelInsurance #Assistance

https://www.redion.com/

The issuer is solely responsible for the content of this announcement.

The Generali Group

Generali is one of the largest integrated insurance and asset management groups worldwide, with a total premium income of € 98.1 billion and € 900 billion AUM in 2025. Established in 1831, with over 88,000 employees and 163,000 advisors serving 75 million customers, the Group has a leading position in Europe and a growing presence in Asia and America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

Redion

Redion is the world’s #1 in employee benefits and #2 in assistance and travel insurance. The name, revealed in 2026, reflects the full maturity of the global Care platform that has been operating under Generali Care, bringing together Europ Assistance and Generali Employee Benefits (GEB). Operating in more than 190 countries, with over 12,000 employees and €5.8 billion in annual business volume, Redion delivers services spanning travel insurance, emergency and medical assistance, employee protection (life, disability, accident, medical), health and mobility solutions, as well as global B2B2C and embedded insurance programmes.

HONG KONG SAR – Media OutReach Newswire – 15 June 2026 – Reinforcing its strategy to integrate value-added services into its clients’ preferred digital channels, Citi is enhancing its digital engagement capabilities through the Citi Mobile® App with the introduction of “eVouchers.” This new initiative is designed to deliver timely, relevant value aligned with how clients increasingly manage their finances and spending digitally.

Citi continues to see strong momentum in digital adoption. Over 90% of active cardholders now interact through digital channels, and more than 96% of wealth management transactions are conducted digitally, reflecting the central role of digital platforms in clients’ financial lives. The launch of “eVouchers” is particularly timely. Spending data reveals a growing consumer demand for convenient, rewarding and experience-led consumption. Insights from the Mastercard Economics Institute (MEI) highlight continued strength in travel, dining and lifestyle categories. This trend is mirrored in Citi’s cardholder spending, which has seen a 34% year-on-year increase in travel and a 16% rise in shopping, indicating that customers are becoming more selective and intentional with their expenditures.

“We are strategically transforming the Citi Mobile® App into a dynamic hub that delivers both seamless convenience and highly personalized relevance, aligned with our customers’ digital-first lifestyles,” said Sarah O, Head of Digital Growth & Cards and Unsecured Lending Sales, Citibank Hong Kong. “By enabling instant voucher redemptions, we are making everyday spending more rewarding.”

Early results are promising. Cardholders who engaged with “eVouchers” demonstrated significantly higher digital engagement and more than double the average spending compared to the broader portfolio, highlighting the feature’s strong potential to drive deeper customer loyalty.

Sarah added, “‘eVouchers‘ represents far more than a weekly promotion. It is a foundational element of our hyper-personalized digital ecosystem. Through strategic partnerships with a wide range of merchants, we are connecting customers with tailored offers that reflect their modern engagement and spending habits. This initiative strengthens daily client interactions through digital channels and supports local retail activity in Hong Kong.”

Seamless Integration and Weekly Offers

Launched on June 5, “eVouchers” is a fully integrated, ongoing campaign within the Citi Mobile® App. The platform enables customers to easily browse, select, save and redeem “eVouchers” seamlessly for both online and in-store purchases. New offers are released every Friday on a first-come, first-served basis, redeemable at over 500 participating merchant outlets. This dual online/in-store capability allows Citi to engage customers at scale with broad offers while also delivering targeted campaigns for more meaningful, personalized experiences.

All Citi Cardholders are invited to log in to the Citi Mobile® App to explore the latest deals, which are organized into four categories:

1. Weekly Flash Deals: Recurring offers available on a first-come, first-served basis. Highlights include an HK$8 tall-sized handcrafted beverage from Starbucks, an HK$50 S Coupon from Sino Malls (with minimum spend) and a free Asia 2-day Data SIM from Birdie.
2. Weekly Brand Specials: Special deals from featured brands will be unveiled, including Beans, Dab-Pa, Decathlon, Keeta, QUE, Sephora and Singapore Airlines.
3. Always-On Partner Offers: A curated collection of offers always available for redemption, with deals from partners like Birdie, Expedia, Hotels.com, iHerb, QUE, Starbucks and Tajimaya.
4. Exclusive Rewards for Mastercard Cardholders: All Citi Mastercard cardholders can unlock additional exclusive rewards, including:

• IHG® Hotels & Resorts: Enjoy 15% savings on the Best Flexible Rate.
• Langham Hospitality Group: Enjoy one complimentary night per stay for at least 3 nights.
• Shangri-La Hotels and Resorts: Enjoy one complimentary night per stay for at least 3 nights.

Click HERE to download the photos

Picture 1 (from left to right):

• Chris Wong, Manager, Commercial and Consumer Market, Birdie
• George Robertson, General Manager Hong Kong, Singapore Airlines
• Helena Chen, Senior Vice President, General Manager, Hong Kong & Macau, Mastercard
• Sarah O, Head of Digital Growth & Cards and Unsecured Lending Sales, Citibank Hong Kong
• Bella Chhoa, Chief Commercial Officer, Sino Group
• Kenneth King, Regional Director, Strategic Partnerships and Affiliates, APAC, Expedia and Hotels.com

Picture 2:
Citi is enhancing its digital engagement capabilities through the Citi Mobile® App with the introduction of “eVouchers.”

Discover all available rewards on the Citibank website via: citibank.hk/myvoucher
Hashtag: #Citi

The issuer is solely responsible for the content of this announcement.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.