Standard & Poor's Initiates Factual Stock Report Coverage on Focus Metals, Inc.
NEW YORK--(BUSINESS WIRE)--Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Focus Metals, Inc.
Focus Metals Inc. (OTCQX: FCSMF; TSX-V: FMS) is a Canadian crystalline flake graphite exploration and development company. The company engages in the acquisition, exploration and development of technology mineral and metal properties in Quebec, with the aim of discovering commercially exploitable deposits of graphite, rare earths – primarily neodymium - and copper, which can be placed into production by the company or disposed of for a profit to companies that wish to place such deposits into commercial production.
Focus intends to be proactive in the evaluation and acquisition of new base metals and industrial minerals opportunities within its current areas of operations in the Quebec North Shore and northern Quebec areas and in other international jurisdictions. The company’s property holdings include its flagship Lac Knife flake graphite resource, near Fermont, Quebec – a region with significant road, rail and power infrastructure and linking the property to the Sept-Iles, Quebec, deep sea port.
On June 30, 2011, Focus Metals announced its plans to further define and expand drilling at its Lac Knife property to place historic resource calculations in an NI 43-101 framework, and to obtain multi-ton bulk samples for potential off-take partners.
The company's Kwyjibo, Quebec, Iron Ore, Copper and Gold (IOCG) property is located several kilometers north of Manitou Lake and 25 kilometers east of the Quebec North Shore and Labrador railway line and is accessible by air from Sept-Iles.
Additionally, on March 2, 2011, the company announced the formation of a U.S.-Canada-Asia joint venture to conduct research into graphene applications and work with universities and other private and public research facilities to identify graphene applications with commercial potential. Once identified, the JV intends to license the intellectual property rights to such graphene applications and then work to commercialize such applications through license arrangements with industry.
S&P Factual Stock Report coverage on Focus Metals, Inc. will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.focusmetals.ca for additional information.
About Standard & Poor's Factual Stock Reports
This Standard & Poor’s service provides factual research coverage enabling information about Focus Metals, Inc. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 500 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.
Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.
Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage.
About Standard & Poor's
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