OTTAWA, ONTARIO--(Marketwire - Sept. 9, 2011) - Mr. Gary Economo, President and CEO, Focus Metals Inc., (TSX VENTURE:FMS)(OTCQX:FCSMF) announced today the appointment of Mr. Tony Brisson, P.Geo., as Vice-President, Exploration. Mr. Brisson's appointment is effective immediately.
"Mr. Brisson's addition to Focus Metals' management, particularly his strong mining and mine development background in Quebec and abroad, brings additional strength to our core management team as we begin to implement our longer-term corporate agenda," Mr. Economo said.
"Mr. Brisson's exploration and mine development skills and experience dovetail with our current mission to expand and enhance our understanding of our Lac Knife, Quebec graphite property and our future domestic and international acquisitions," Mr. Economo said.
A former recipient of the Quebec Exploration Mining Association's Prospector of the Year award, Mr. Brisson assumes his responsibilities with Focus Metal after serving seven years as VP Exploration, Cogitore Resources Inc.
Mr. Brisson holds a B.Sc. Geology degree from the University Du Quebec a Chicoutimi.
His previous experience includes nine years with Cambior Inc., as an exploration and mining geologist and he has held various senior mining management positions with Breakwater Resources Ltd., and Campbell Resources Inc.
Mr. Brisson lives in Rouyn-Noranda.
Incorporation of Grafoid Inc.
On behalf of the partners, Mr. Gary Economo, President and CEO, Focus Metals Inc., is pleased to announce the incorporation in Ontario of Grafoid Inc., Focus Metals graphene development and patenting joint venture.
The officers of Grafoid Inc. are:
Chairman & Secretary Treasurer: Jeff York
President & CEO: Gary Economo
Vice-President: Dr. Gordon Chiu
Acquisition of Quebec Mining Claims
The Company is pleased to announce it has entered into an agreement to purchase approximately 200 mining claims located in the Province of Quebec.
The purchase of the strategically-located claims are in line with the Company's previously stated intention of expanding its property portfolio.
In consideration for the purchase, the Company agrees to pay the vendors CDN $125,000 and, subject to TSX Venture Exchange (the "Exchange") approval, issue the vendors in the aggregate 375,000 common shares in the capital of the Company.
The purchase agreement also provides the Company with a right of first refusal to purchase any exploration and/or mining permits, leases, rights, claims subsequently acquired within the area by the vendors.
About Focus Metals Inc.
Focus Metals Inc. is an emerging, mid-tier junior mining company with excellent discovery stage base minerals opportunities in Quebec. The Corporation intends also to acquire advance stage industrial mineral properties in its portfolio in the future. The Corporation is led by a determined management and a technical team with extensive exploration and mine production experience.
This news release may contain or refer to "forward-looking statements" which reflect Management's or the Company's future growth, results of operations, performance and business prospects and opportunities or statements that reflect management's current beliefs at the time of this news release and are based on information available to Management. All statements other than historical fact, included in this release, without limitation, statements regarding use of proceeds, and future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. While the company anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward-looking statements, except in accordance with applicable securities laws. Accordingly, readers are advised not to place undue reliance on forward-looking information.