FOCUS GRAPHITE AMENDS STOCK OPTION PLAN

OTTAWA, Ontario, Canada—February 24, 2023—Focus Graphite Inc. (TSXV: FMS) (“Focus Graphite” or the “Company”) announces that on February 23, 2023 the Board of Directors adopted an amended stock option plan (the “Amended Option Plan”) which will replace the Company’s current option plan. The Amended Option Plan increases the number of shares reserved for issuance pursuant…