CDC Cadillac Ventures Inc

Focus Graphite Inc. ("Focus" or the "Company") (TSX
VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) is pleased to announce the discovery of
a new graphite bearing corridor on the Company's 100%-owned Lac Tetepisca
property (the "Property") located to the southwest of the Manicouagan reservoir,
234 km north-northwest of Baie-Comeau, Quebec. Reconnaissance bedrock sampling
carried out during the summer of 2012 has resulted in the identification of a
900 m long by up to 100 m wide graphite bearing corridor on the Property. A
total of 26 mineralised grab samples define the new "Manicouagan-Ouest"
graphitic corridor, 17 of which host graphitic carbon(i) (Cgr) grades in excess
of 5.59% Cgr (range: 5.59% - 45.80% Cgr; Table 1). The remaining eight (8) grab
samples which delineate the graphitic trend show Cgr grades below 5.00%.


The Lac Tetepisca property is located in the Grenville geological Province of
Quebec. The Manicouagan-Ouest graphitic corridor is set in metasedimentary rocks
of the Mahinek Formation. The graphite-bearing outcrops within the corridor are
composed of fine to medium grained quartz-feldspar-biotite schist with local
occurrences of garnet and kyanite. Fine to coarse graphite flakes and associated
sulphides make up 10% to 20% of the rocks, with up to over 50% in strongly
mineralized zones.


Gary Economo, President and CEO of Focus Graphite, states "We are very excited
about our Manicouagan-Ouest graphite discovery as the new interpreted
graphite-bearing corridor compares favourably in terms of length, width and
grades to our world class Lac Knife graphite deposit, currently under advanced
mineral development. We will be planning a comprehensive follow-up exploration
program for Lac Tetepisca in 2013 which will comprise of ground geophysical
surveying, trenching and an initial round of core drilling in order to confirm
the full extension and thickness of the graphitic corridor." 


The new Manicouagan-Ouest graphite discovery is located 10 km north of the Lac
Gueret graphite deposit which hosts National Instrument (NI) 43-101 compliant
Measured and Indicated mineral resources of 7.6 Mt grading 20.40% Cgr (Source:
Roche, 2012: Technical Report on the Lac Gueret Graphite Project; available at
www.sedar.com under Mason Graphite Inc.). 


A map of the Tetepisca property showing the location of the Manicouagan-Ouest
graphite bearing corridor is available on the Company's website at
www.focusgraphite.com. 


Table 1. Summary of best grab sample graphitic carbon assays(i) (greater than
5.00 % Cgr) and related sulfur and zinc assays from the 2012 Lac Tetepisca
property reconnaissance survey.




----------------------------------------------------------------------------
                           Cgr (i)                                          
Sample No.                     (%)                         S (%)    Zn (ppm)
----------------------------------------------------------------------------
232361                       45.80                          0.24          57
----------------------------------------------------------------------------
232371                       27.80             greater than 10.0       1,220
----------------------------------------------------------------------------
232358                       23.60                          9.21       4,160
----------------------------------------------------------------------------
232973                       18.80             greater than 10.0       4,370
----------------------------------------------------------------------------
232351                       17.50             greater than 10.0       1,320
----------------------------------------------------------------------------
232357                       17.40             greater than 10.0       2,360
----------------------------------------------------------------------------
232975                       16.95             greater than 10.0       3,450
----------------------------------------------------------------------------
232983                       14.45                          0.59         254
----------------------------------------------------------------------------
232353                       12.45             greater than 10.0       1,190
----------------------------------------------------------------------------
232990                       11.80                          0.83         274
----------------------------------------------------------------------------
232364 (ii)                  10.80                          1.41         358
----------------------------------------------------------------------------
232974                       10.20             greater than 10.0       1,140
----------------------------------------------------------------------------
232356                        7.27                          9.89         484
----------------------------------------------------------------------------
232370                        7.06             greater than 10.0         166
----------------------------------------------------------------------------
232164 (ii)                   6.86                          0.30         433
----------------------------------------------------------------------------
232987                        6.25                          0.46         230
----------------------------------------------------------------------------
232992                        6.09                          0.35          28
----------------------------------------------------------------------------
232368                        5.99             greater than 10.0         135
----------------------------------------------------------------------------
232988                        5.59                          0.38         144
----------------------------------------------------------------------------
(i) All rock sample carbon analyses performed by ALS Laboratory Group are   
delivered as organic carbon (Corg) assays but are expressed here as         
graphitic carbon (Cgr) based on the assumption that all carbon contained in 
the highly metamorphosed rocks is held within graphite with no carbon as    
organic matter.                                                             
                                                                            
(ii) Samples collected outside of the Manicouagan-Ouest graphite bearing   
corridor                                                                    



About the Lac Tetepisca graphite property

The Lac Tetepisca property consists of 67 contiguous map-designated claims
("CDC") covering 3,616.15 ha. The Property is located in the southwest
Manicouagan reservoir area, 234 km north-northwest of Baie-Comeau, in the
Cote-Nord administrative region of Quebec. The Property is accessible year-round
by road by way of a network of logging roads which start from Route 389. The
property is part of the former Lac Gueret-Nord property of SOQUEM Inc. and
Quinto Technology Inc. Focus acquired 100% mineral rights to the Property from a
third party in 2011.


Quality assurance / Quality control 

The Lac Tetepisca exploration program is supervised by Benoit Lafrance, Ph.D.,
P.Geo., Focus senior geologist and a Qualified Person under NI 43-101. Strict
quality control protocols have been applied at the field sampling, sample
handling and analytical stages. Mineralized standard and blank materials have
been inserted in all samples batches. All assays were performed by ALS
Laboratory Group ("ALS") at ALS' Val-d'Or and Vancouver laboratories. ALS is an
ISO 9001:2008 and ISO 17025 qualified assayer that performs and makes available
internal assaying controls. Organic carbon content is measured on representative
0.1-0.2 g samples digested in dilute hydrochloric acid (to remove inorganic
carbon) using a LECO carbon analyzer which combines direct combustion and
infrared absorption (ALS Code C-IR06). The LECO detector response is processed
and displayed directly as the percentage of organic carbon (including graphitic
carbon and organic matter). Sulfur and traces elements were measured by ICP-AES
and ICP-MS methods following a four acids (perchloric; nitric; hydrofluoric;
hydrochloric) digestion on a prepared 0.25 g sample (ALS Code ME-MS61).


Other News 

Focus announces that its board of directors has approved an amendment to the
Corporation's stock option plan (the "Plan") regarding the expiry of outstanding
options held by an option holder who ceases to be an eligible person under the
Plan (the "Date of Termination"). Currently, such options would expire on the
earlier of the original expiry date or twelve (12) months following the Date of
Termination, excluding options granted to persons performing investor relations
activities which are subject to shorter expiry periods under the Plan. The
amendment to the Plan provides the possibility for the Corporation to impose
under any employment agreement, consulting agreement or any other type of
agreement a shorter period under which options may continue to be exercisable by
the option holder following the Date of Termination.


About Focus Graphite

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a
technology solutions supplier and a business innovator. Focus is the owner of
the Lac Knife graphite deposit located in the Cote-Nord region of northeastern
Quebec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated
mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with
an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline
graphite (Source: Roche, 2012: Technical report on the Lac Knife graphite
project; available at www.sedar.com). Focus' goal is to assume an industry
leadership position by becoming a low-cost producer of technology-grade
graphite. On October 29th, 2012 the Company released the results of a
Preliminary Economic Analysis ("PEA") of the Lac Knife project which
demonstrates that the project has robust economics and excellent potential to
become a profitable producer of graphite. As a technology-oriented enterprise
with a view to building long-term, sustainable shareholder value, Focus Graphite
is also investing in the development of graphene applications and patents
through Grafoid Inc.


This press release has been reviewed by Marc-Andre Bernier, M.Sc., P.Geo.
(Ontario and Quebec), Technical Adviser and a Director of Focus, and a Qualified
Person under National Instrument (NI) 43-101. 


Forward Looking Statements - Disclaimer

This news release may contain forward looking statements, being statements which
are not historical facts, and discussions of future plans and objectives. There
can be no assurance that such statements will prove accurate. Such statements
are necessarily based upon a number of estimates and assumptions that are
subject to numerous risks and uncertainties that could cause actual results and
future events to differ materially from those anticipated or projected.
Important factors that could cause actual results to differ materially from the
Company's expectations are in our documents filed from time to time with the TSX
Venture Exchange and provincial securities regulators, most of which are
available at www.sedar.com Focus Graphite disclaims any intention or obligation
to revise or update such statements. 





FOR FURTHER INFORMATION PLEASE CONTACT: 
Mr. Gary Economo
President and Chief Executive Officer
613-691-1091, ext. 101
geconomo@focusgraphite.com
www.focusgraphite.com

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