First Canadian Graphite Appoints Mining Veteran Michael Iverson to Board

First Canadian Graphite Inc. (TSXV: FCI | OTC: GBMIF | FRANKFURT: BR20), a junior mining company focused on developing high-grade graphite projects in Quebec, has announced a significant leadership change with the immediate appointment of Michael Iverson to its Board of Directors. This strategic move brings a seasoned mining executive with over two decades of experience, including founding Niogold Mining Corp. and co-founding Fortuna Silver Mines Inc., where he helped build companies that achieved aggregate market capitalizations exceeding $1 billion. Iverson's track record includes raising and investing over $100 million in resource companies and playing key roles in successful acquisitions, such as positioning Niogold for its premium acquisition by Oban Mining Corp. (now Osisko Mining Inc.).

The appointment comes at a critical time as First Canadian Graphite advances its flagship Berkwood Graphite Project in northern Quebec, which has a 43-101 Resource Estimate Report showing 3.2 million tonnes of indicated and inferred graphite at an average grade of 17%. CEO John LaGourgue emphasized that Iverson's extensive experience in building successful resource companies, particularly in Québec, will help implement best practices as the company expands its resource through drilling and exploration. Iverson himself noted the increasing global demand for graphite as a critical material for energy storage and advanced technologies, positioning the company to execute on a Preliminary Economic Assessment (PEA) and move toward production. Concurrently, the company announced that Mr. Brijender (Binny) Jassal will resign from the board but continue as Chief Financial Officer, having served as a dedicated director since 2017.

First Canadian Graphite remains committed to advancing its projects to supply high-quality graphite for battery, energy storage, and advanced manufacturing markets, while fostering respectful relationships with local Indigenous communities, including the Pessamit Innu First Nation, on whose traditional territory the Berkwood Project is located. The company's forward-looking statements highlight plans for drilling programs and exploration expenditures, though they caution about risks such as permit delays and economic factors. For more information, stakeholders can visit the company's website at www.firstcanadiangraphite.com or contact them via info@firstcanadiangraphite.com, and additional details are available through their SEDAR profile at www.sedar.com, as noted in their disclaimer for forward-looking information.