March 23 (Reuters) - Focus Graphite Inc FMS.V :
* Focus Graphite Inc.: update on private placement
* Company expects to proceed with closing of second tranche shortly
* to increase offering from $1.5 million to $2.5 million for an additional 13.3 million units at a price of $0.075 per unit. Source text for Eikon: Further company coverage: FMS.V