FMS Focus Graphite Inc

Focus Graphite Inc. ("Focus" or the "Company") (TSX
VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) announces it has settled its legal
recourse against Everton Resources Inc. and certain other parties. The
proceedings arose from a transaction by the Company related to the Labrador
Trough group of properties. 


Focus's rights and assets are unaffected by the proceedings and their settlement. 

Focus is pleased to have resolved the matter amicably.

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. 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 the project has excellent potential to
become a producer of graphite. As a technology-oriented enterprise with a view
to building long-term, sustainable shareholder value, Focus invests in the
development of graphene applications and patents through Grafoid Inc.


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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