First Canadian Graphite signs option to acquire 51 Quebec mining claims for CAD 30,000, 1,200,000 shares, CAD 500,000 work commitment

• First Canadian Graphite signed a July 15, 2026 option to earn 100% of 51 contiguous mining claims in Northern Quebec.
• Consideration totals CAD 30,000 cash, 1,200,000 common shares at CAD 0.40, funding CAD 500,000 in exploration by year three.
• Milestone bonuses: CAD 100,000 on a PEA, CAD 250,000 on a feasibility study, CAD 500,000 on commercial production.
• Transaction would expand the Lac Guéret South land package to 2,707.21 hectares.

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: 202607161021ACCESSWRNAPR_____1191886) on July 16, 2026, and is solely responsible for the information contained therein.