First Graphite announced that it has signed a twenty four month Sales Agreement with the Sri Lankan government owned Kahatagaha Graphite Lanka Limited (KGLL) to purchase premium quality graphite. Highlights: Binding agreement to purchase 100% of Kahatagaha premium grade vein graphite for a two year period; Strategic supply will underpin the Company's low-cost graphene production strategies and allow for accelerated graphene production capacity; Certainty of KGLL material will augment the Company's own mine activities going forward and enable an acceleration of presence in the vein graphite market; Confirmation of strong relationship with Sri Lankan authorities that give FGR a strong competitive edge. The Sales Agreement between the Company and KGLL is for a twenty four month period and specifies the quantity, quality and pricing of the material to be purchased by FGR. As part of the agreement FGR will work with the Government-owned mine to provide assistance for value adding downstream opportunities for KGLL's graphite.