Focus Graphite flags potential 50%+ cut in Lac Knife power capex after Hydro-Quebec grid study

• Focus Graphite completed a desktop study selecting a direct tie-in to Hydro-Quebec’s 34.5-kV three-phase grid for Lac Knife.
• Preferred build spans about 30.7 km, including 27.5 km of new three-phase distribution line, cutting new-line scope versus the 2023 plan.
• Study estimates Focus’s direct power capex could drop by more than 50% versus the 2023 feasibility update’s C$ 19.9 million budget.
• Hydro-Quebec would build the main distribution line, shifting permitting and long-term maintenance responsibilities away from Focus.
• Federal FLMF support includes C$ 1.38 million in non-repayable funding covering about 50% of eligible Lac Knife road-power planning costs.

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. Focus Graphite Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608210500NEWSFILECNPR____20260821_310686_1) on August 21, 2026, and is solely responsible for the information contained therein.