Dal Stuart Brynelsen
(TheNewswire)
July 24, 2025 – TheNewswire -Mr. Dal Stuart Brynelsen announces that:
On July 24, 2025, Mr. Dal Stuart Brynelsen (the“Acquiror”) personally acquired ownership of 312,000 units at$0.08 of First Canadian Graphite Inc. (TSX-V FCI) (the “Company”). Each unit consisting of one common share and one warrantexerciseable for three (3) years at $0.10. The common shares andwarrants were issued in connection with a private placement (the“Private Placement”). Prior to the Private Placement, theAcquiror held directly or indirectly, 2,545,960 common shares and2,466,460 warrants. As a result of the Private Placement, theAcquiror holds directly or indirectly 2,858,460 common sharesrepresenting approximately 12.60% of the Company’s issued andoutstanding common shares. In addition, the Acquiror exercisescontrol and direction over an additional 2,778,960 warrants. If theAcquiror exercised his warrants only he would hold directly andindirectly 5,637,420 common shares of the Company, representing 22.15%the issued and outstanding shares of the Company on a partiallydiluted basis assuming the Acquiror exercises his warrantsonly.
All securities were acquired for investment purposes.This investment will be reviewed on a continuing basis by the Acquirorand such holdings may be increased or decreased in the future. TheAcquiror may in the future acquire or dispose of the securitiesthrough the open market, privately or otherwise, as circumstances ormarket conditions warrant.
The Acquiror has filed an Early Warning Report pursuantto National Instrument 62-103F1 The Early Warning System and RelatedTake-Over Bid and Insider Reporting Issues describing the abovetransaction with the applicable securities regulatory authorities. Acopy of the Early Warning Report is available on SEDAR at www.sedarplus.ca under theprofile of the Company.
Signed: Dal Stuart Brynelsen
Dal Stuart Brynelsen
Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release. This newsrelease does not constitute an offer to sell or a solicitation of anoffer to sell any securities in the United States. The securities havenot been and will not be registered under the United States SecuritiesAct of 1933, as amended (the “U.S. Securities Act”) or any statesecurities laws and may not be offered or sold within the UnitedStates or to U.S. Persons unless registered under the U.S. SecuritiesAct and applicable state securities laws or an exemption from suchregistration is available.
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