Focus Graphite Inc. reported the results for an additional nine holes from the Company's 2022 exploration and definition drilling program at its 100%- owned Lac Tétépisca graphite project, located southwest of the Manicouagan Reservoir in the Côte-Nord administrative region of Québec, on the Nitassinan of the Pessamit Innu. Between March 3 and November 17, 2022, Focus completed 14,900.5 metres of core drilling from 74 holes, including 6,640.2 metres of definition drilling from 27 deep holes along strike of its Manicouagan Ouest Graphitic Corridor ("MOGC") deposit. The results reported are for five deep definition holes drilled on sections at a 50-metre spacing over a 200 m strike length section of the MOGC deposit's south end, between Line 9+00S and Line 11+00S; and four deep definition holes drilled between Line 2+00S and Line 3+50S at the north end of the deposit.

Highlights: Hole LT-22-135, drilled at -65o to a vertical depth of 190.3 metres on Section L9+00S, intersected 77.14 metres grading 17.63% Cg (from 92.85 metres to 183.6 metres;). Hole LT-22-136, drilled at -68o to a vertical depth of 191.9 metres on Section L9+50S intersected 88.44 metres grading 12.60% Cg (from 57.66 metres to 166.2 metres;), including: o 51.56 metres grading 16.21% Cg (from 95.45 metres to 159.00 metres). Hole LT-22-137, drilled at -68o to a vertical depth of 191.9 metres on Section L10+00S, intersected 42.47 metres grading 10.36% Cg (from 97.00 metres to 149.20 metres;), including: o 22.49 metres grading 14.31% Cg (from 98.20 metres to 126.00 metres).

Hole LT-22-124, drilled at -62o to a vertical depth of 196.0 metres on Section L3+50S intersected 76.60 metres grading 10.83% Cg (from 110.30 metres to 198.55 metres;), including: o 34.28 metres grading 14.86% Cg (from 110.30 metres to 149.90 metres). Hole LT-22-121, drilled at -70o to a vertical depth of 247.9 metres on Section L2+00S, intersected two mineralized horizons: o 34.71 metres grading 15.64% Cg (from 99.00 metres to 143.20 metres) and, o 56.41 metres grading 9.62% Cg (from 158.70 metres to 229.50 metres). Holes LT-22-122 and LT-22-123, drilled on Sections L2+50S and L3+00S, respectively, intersected the southwest extensions of the two mineralized horizons intersected in hole LT-22-121, with similar thicknesses and grades.

Holes LT-22-138 and LT-22-139, drilled on Sections L10+50S and L11+00S, respectively, intersected at depth the mineralized horizon reported in holes LT-20-89 and LT-17-66, with similar grades but greater thickness, although discontinuities are noticed. Drill core analytical results continue to be delivered to Focus at a rate of about one hole per week and they will be released by the Company as they are received from ACTLABS laboratories, with interlaboratory checks at COREM, and compiled, processed and QAQC- verified by IOS Services Géoscientifiques Inc. ("IOS") who designed the 2022 drilling program and are managing the analytical program for the Lac Tétépisca project for the Company.