{"id":3432,"date":"2020-06-24T13:30:59","date_gmt":"2020-06-24T13:30:59","guid":{"rendered":"https:\/\/focusgraphite.com\/focus-graphite-inc-adopts-new-stock-option-plan-and-announces-stock-option-grants\/"},"modified":"2021-10-14T18:10:33","modified_gmt":"2021-10-14T22:10:33","slug":"focus-graphite-inc-adopts-new-stock-option-plan-and-announces-stock-option-grants","status":"publish","type":"post","link":"https:\/\/focusgraphite.com\/fr\/focus-graphite-inc-adopts-new-stock-option-plan-and-announces-stock-option-grants\/","title":{"rendered":"FOCUS GRAPHITE INC. ADOPTS NEW STOCK OPTION PLAN AND ANNOUNCES STOCK OPTION GRANTS"},"content":{"rendered":"<p class=\"p3\"><span class=\"s1\"><b>KINGSTON<\/b>,<b> ONTARIO,<\/b> June 11, 2020 \u2013 Focus Graphite Inc. (\u201cFocus\u201d or the \u00ab\u00a0Company\u00a0\u00bb) (TSX-V: <b>FMS; <\/b>OTCQX<b>: FCSMF; <\/b>FSE<b>: FKC<\/b>), an advanced exploration company focused on the production of graphite concentrate<\/span> announced today that the Board of Directors has adopted a new 20% fixed incentive stock option plan (the \u00ab\u00a0New Plan\u00a0\u00bb) to replace the previous rolling stock option plan (the \u201cOld Plan\u201d). The Company also announced the grant of incentive stock options under the New Plan as compensation to its directors, officers, employees and consultants (the \u201cNew Grant\u201d).<\/p>\n<p class=\"p3\">Pursuant to the New Plan, options entitling the purchase of an aggregate 74,787,268 common shares in the capital of the Company (the \u201cShares\u201d) may be granted to directors, officers, employees and consultants of the Company from time to time.<\/p>\n<p class=\"p3\">Pursuant to the New Grant, options to purchase up to 36,370,000 Shares have been granted at an exercise price of $0.05 per share. The options expire 10 June 2025.&nbsp;The Company is pleased to grant the options to its management and staff as an incentive following their temporary layoff in the wake of the COVID-19 pandemic.<\/p>\n<p class=\"p3\">The New Plan and, to the extent that the number of options granted under the New Grant exceeds the number of options permitted under the Old Plan, the New Grant are subject to the approval of the TSX Venture Exchange (\u00ab\u00a0TSXV\u00a0\u00bb) and of the Disinterested Shareholders of the Corporation (as such term is defined in the policies of the TSXV), and will be presented for approval at the Company\u2019s upcoming annual shareholders&rsquo; meeting scheduled to be held before fiscal year-end.<\/p>\n<p class=\"p4\"><b>About Focus Graphite<\/b><\/p>\n<p class=\"p4\">Focus Graphite Inc. is an advanced exploration company with an objective of producing graphite concentrate at its wholly-owned Lac Knife flake graphite deposit located 27 km south of Fermont, Qu\u00e9bec. In a second stage, to meet Quebec stakeholder interests of transformation within the province and to add shareholder value. Focus is evaluating the feasibility of producing value-added graphite products including battery-grade spherical graphite.<\/p>\n<p class=\"p4\">Focus Graphite is a technology-oriented graphite development company with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.<\/p>\n<p class=\"p4\">For more information about Focus Graphite, please visit&nbsp;www.focusgraphite.com.<\/p>\n<p class=\"p5\"><b><i>Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/i><\/b><\/p>\n<p class=\"p4\"><b>Focus Graphite Investor Contact:<\/b><\/p>\n<p class=\"p4\">Scott Anderson<\/p>\n<p class=\"p4\">Investor Relations<\/p>\n<p class=\"p4\">(858) 229-7063<\/p>\n<p class=\"p4\">sanderson@nextcap-ir.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KINGSTON, ONTARIO, June 11, 2020 \u2013 Focus Graphite Inc. (\u201cFocus\u201d or the \u00ab\u00a0Company\u00a0\u00bb) (TSX-V: FMS; OTCQX: FCSMF; FSE: FKC), an advanced exploration company focused on the production of graphite concentrate announced today that the Board of Directors has adopted a new 20% fixed incentive stock option plan (the \u00ab\u00a0New Plan\u00a0\u00bb) to replace the previous rolling&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-3432","post","type-post","status-publish","format-standard","hentry","category-communiques-de-presse-2020","category-24","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FOCUS GRAPHITE INC. 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(\u201cFocus\u201d or the \u00ab\u00a0Company\u00a0\u00bb) (TSX-V: FMS; OTCQX: FCSMF; FSE: FKC), an advanced exploration company focused on the production of graphite concentrate announced today that the Board of Directors has adopted a new 20% fixed incentive stock option plan (the \u00ab\u00a0New Plan\u00a0\u00bb) to replace the previous rolling&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/focusgraphite.com\/fr\/focus-graphite-inc-adopts-new-stock-option-plan-and-announces-stock-option-grants\/\" \/>\n<meta property=\"og:site_name\" content=\"Focus Graphite Advanced Materials\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/focusgraphite\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-24T13:30:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-14T22:10:33+00:00\" \/>\n<meta name=\"author\" content=\"FDINC FOCUS\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@focusgraphite\" \/>\n<meta name=\"twitter:site\" content=\"@focusgraphite\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"FDINC FOCUS\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/focusgraphite.com\/fr\/focus-graphite-inc-adopts-new-stock-option-plan-and-announces-stock-option-grants\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/focusgraphite.com\/fr\/focus-graphite-inc-adopts-new-stock-option-plan-and-announces-stock-option-grants\/\"},\"author\":{\"name\":\"FDINC FOCUS\",\"@id\":\"https:\/\/focusgraphite.com\/fr\/#\/schema\/person\/7e2ec32dadd8312816aa6e8ae2acadf6\"},\"headline\":\"FOCUS GRAPHITE INC. 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