Queensland University of Technology (QUT) – Centre for Biomedical Technologies (CBT) and GMG was successful in the application for an Industry Engagement Grant.

Graphene Manufacturing Group Ltd (GMG) has a long-term collaboration with A/Prof. Deepak Dubal and QUT and this project is another step towards their strong commitment to real-world implications.

The Industry Engagement Grant entitled Piezoelectric Supercapacitors for Self Powered Medical Implants was awarded to Prof Cameron Brown, A/Prof Deepak Dubal (MCR), Dr. Hong Duc Pham (ECR), Dr. Ashok Kumar Nanjundan.

The project aims to develop self-charging medical implants by engineering a novel power unit called “Piezo-Supercapacitor”, which can harvest human body motions into electricity and store them in a single unit. The concept, we introduce here is based on a fundamental mechanism that directly hybridizes the two processes into one, in which the mechanical energy is directly converted and simultaneously stored as electrochemical energy without going through the intermediate step of first converting into electricity.

To achieve this objective, innovative piezo-supercapacitors will be developed by using piezoelectric biological proteins (collagen) as separator and GMG graphene-based electrode materials in collaboration with industry partner Graphene Manufacturing Group Ltd. The piezoelectric potential from the collagen film created by mechanical straining acts as a charge pump to drive ions to migrate towards respective electrodes accompanying charging reactions at electrodes. This new technology can be applied to manufacture self-powered medical implants, which will eliminate risks to patient’s life and save large costs related to battery- replacement, and surgery.

By building safe, reliable, and high-performance power sources for medicine, this technology will enable a new generation of active implants that can monitor health, detect disease, and administer treatment.

About GMG
GMG is an Australian based clean-tech disruptive company listed on the TSXV (TSXV:GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

The Company is pursuing additional opportunities for GMG Graphene, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance of lube oil, biodiesel and diesel fuels.

For further information, please contact:

Cautionary Note Regarding Forward-Looking Statements  

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements relating to the manufacturing of prototypes by GMG and UQ, anticipated timelines for commercial prototypes and customer testing, the development and viability of GMG’s production facilities, the location of GMG’s production facilities, and the results arising from and application of GMG’s graphene aluminium-ion batteries and other GMG graphene enhanced batteries and supercapacitors. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, including, but not limited to, the risk factors set out under the heading “Risk Factors” in the Company’s final long form non-offering prospectus dated March 31, 2021 available for review on the Company’s profile at www.sedar.com, many of which are beyond the ability of the Company to control or predict. Such risk factors may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, assumptions regarding the Company’s ability to research, develop and test its products within anticipated timelines, and that results of testing and development data will be consistent with anticipated results and estimates. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

 

 

 

 

Graphene Manufacturing Group Ltd (GMG) was honoured to host the Queensland State Government, represented by The Honourable Sterling Hinchcliffe, Minister for Tourism Industry Development and Innovation, and Minister for Sport and Member for Mount Ommaney Jessica Pugh.

In the picture Minister Sterling Hinchcliffe, MP Jess Pugh with Sheena Ward (Chief Operations Officer) and Craig Nicol (CEO, MD, Founder) conducted a factory tour and were given insights into GMG’s Graphene innovations and recently announced Graphene Aluminium-Ion Battery technology by Dr Ashok Nanjundan (Chief Scientific Officer), (pictured below far left).

GMG was congratulated for its recent public listing on the TSX Venture Exchange (TSXV:GMG) and its strong share price performance since April’s listing.

Both Minister Sterling Hinchcliffe and MP Jess Pugh were impressed with the GMG and proud that a Queensland business in collaboration with The University of Queensland was able to produce world-leading planet-friendly innovations.

The laboratory testing and experiments have shown so far that the Graphene Aluminium-Ion Battery energy storage technology has high energy densities and higher power densities compared to current leading marketplace Lithium-Ion Battery technology – which means it will give longer battery life (up to 3 times) and charge much faster (up to 60 times).

GMG’s Head of Business Development Andrew Neilsen showcased THERMAL-XR® – An Energy-Saving HVAC Coating System. THERMAL-XR® has the potential to save the Queensland State Government electricity costs for schools and any government infrastructure using air-conditioning whilst at the same time reducing the carbon footprint and contributing towards a greener environment.

GMG thanks Minister Sterling Hinchcliffe and MP Jess Pugh for their time, their genuine support and welcome the opportunity to work with the State Government of Queensland in future developments to secure Queensland jobs and help grow the Queensland economy.

BRISBANE, QUEENSLAND, AUSTRALIA – May 11, 2021 – Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to share the initial performance data when tested in coin cells for the patent-pending surface perforation of graphene in aluminium-ion batteries developed by the Company and the University of Queensland (“UQ”). The experiments were performed at the Australian Institute for Bioengineering and Nanotechnology (“AIBN”) at UQ. Initial performance data is presented below. Currently, GMG Graphene is being used to produce coin cell prototypes for customer testing in Q4 2021. 

Battery Technology Electrode Materials  Energy Density (Wh/kg)  Power Density (W/kg) Calculated Time to Fully Charge Average Phone Battery (minutes)
Taiwan/Stanford US1  Natural graphite/Aluminium  ~68.7  ~41.1 ~60-110 
Stanford US2  CVD graphitic foam/Aluminium 40 ~3000  1 – 5 
GMG+UQ3  GMG+UQ Graphene/Aluminium 150-160  ~7000  1 – 5 


Source: 1. Hongjie Dai, Nat. Commun., 2017, 8:14283 2. Hongjie Dai, Nature, 2015, 520, 325, and 3. University of Queensland testing data. 

GMG announced recently the execution of a research agreement with UQ’s AIBN to develop graphene aluminium-ion batteries (please refer to the Company’s News Release dated April 22, 2021, for further details). Under the agreement, GMG will manufacture commercial battery prototypes for watches, phones, laptops, electric vehicles and grid storage with technology developed at UQ. GMG has also signed a license agreement with Uniquest, the University of Queensland commercialisation company, which provides GMG an exclusive license of the technology for battery cathodes.      

GMG CEO and Managing Director Craig Nicol said, “We are currently looking to bring coin cell commercial prototypes for customer testing in 6 months and a pouch pack commercial prototype – used in mobile phones, laptops etc. – for customer testing in 18 months. We are really excited about bringing this to market. We aim to have a viable graphene and coin cell battery production facility project after customer validation that we would likely build here in Australia,” said Craig Nicol.  

Dr Ashok Nanjundan, GMG’s Chief Scientific Officer, said, “This is a real game-changing technology which can offer a real alternative with an interchangeable battery technology for the existing lithium-ion batteries in almost every application with GMG’s Graphene and UQ’s patent-pending aluminium ion battery technology. The current nominal voltage of our batteries is 1.7 volts, and work is being carried out to increase the voltage to directly replace existing batteries and which lead to higher energy densities.”  

“The real differentiator about these batteries is their very high power density of up to 7000 watts/kg, which endows them with a very high charge rate. Furthermore, graphene aluminium-ion batteries provide major benefits in terms of longer battery life (over 2000 charge / discharge cycles testing so far with no deterioration in performance), battery safety (very low fire potential) and lower environmental impact (more recyclable),” said Dr Ashok Nanjundan. 

GMG will make further disclosures regarding the performance and development of these graphene aluminium ion batteries as the research and development program progresses. 

About GMG 

GMG is an Australian based clean-tech disruptive company listed on the TSXV (TSXV:GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets. 

  The Company is also in the early stages of pursuing additional opportunities for GMG Graphene, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance of lube oil, biodiesel and diesel fuels. 

 For further information, please contact: 

– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223  

– Leo Karabelas at Focus Communications, leo@fcir.ca, +1 647 689 6041  

 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.  

Cautionary Note Regarding Forward-Looking Statements  

 This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements relating to the manufacturing of prototypes by GMG and UQ, anticipated timelines for commercial prototypes and customer testing, the development and viability of GMG’s production facilities, the location of GMG’s production facilities, and the results arising from and application of GMG’s graphene aluminium-ion batteries. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, including, but not limited to, the risk factors set out under the heading “Risk Factors” in the Company’s final long form non-offering prospectus dated March 31, 2021 available for review on the Company’s profile at www.sedar.com, many of which are beyond the ability of the Company to control or predict. Such risk factors may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, assumptions regarding the Company’s ability to research, develop and test its products within anticipated timelines, and that results of testing and development data will be consistent with anticipated results and estimates. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information

 

Graphene Manufacturing Group Ltd (TSXV:GMG) is a clean-tech company that could significantly disrupt the rechargeable battery space.

This isn’t another lithium-ion battery story that once revolutionized batteries. GMG’s technology doesn’t require the typically mined metals such as cobalt, copper, nickel, or lithium to produce its products. Its Aluminum-ion battery only needs natural gas and one of the world’s most recycled products: aluminum.
TSXV:GMG

 

Craig Nicol – Graphene Manufacturing Group Founder, MD, and CEO joins Cory Fleck of the KE Report to discuss GMG’s Graphene Aluminum Battery Technology, the next steps for GMG, and their products to come.

TSXV: GMG

www.graphenemg.com

BRISBANE, QUEENSLAND, AUSTRALIA – April 22, 2021 – Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to announce the execution of a research agreement with the University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (“AIBN”) for the development of graphene aluminium-ion batteries. Under the agreement, GMG will manufacture commercial battery prototypes for watches, phones, laptops, electric vehicles and grid storage with technology developed at the University of Queensland (“UQ”). GMG has also signed a license agreement with Uniquest, the University of Queensland commercialisation company, which provides GMG exclusive license of the technology for battery cathodes.

 

The Company will incorporate technology devised by AIBN Professor’s Michael Yu, Dr Xiaodan Huang and postdoctoral student Yueqi Kong that has made graphene into more efficient electrodes for powering batteries. The results are a battery with up to 70 times faster charging and more sustainability with a life up to three times greater than lithium-ion. UQ’s research team was awarded A$390,000 over three years to develop the graphene aluminium-ion technology from the Australian Research Council’s Linkage Project in 2020. Under the terms of the agreement, GMG and UQ have agreed to pay A$150,054 and A$82,788 respectively to carry out the project. GMG has also agreed to reimburse the incurred patent execution costs up to an agreed maximum amount.

 

AIBN Director Professor, Alan Rowan commented, “We are delighted to partner with GMG to translate scientific ideas into commercial solutions through the development of more efficient and greener batteries. After several years of dedicated research into improving the aluminium ion battery, we are excited to be at the phase of developing commercial prototypes for more sustainable, faster-charging batteries,” Professor Rowan said. Testing showed rechargeable graphene aluminium-ion batteries had a battery life of up to three times that of current leading lithium-ion batteries, and higher power density meant they charged up to 70 times faster. The batteries are rechargeable for a larger number of cycles without deteriorating performance and are easier to recycle, reducing potential for harmful metals to leak into the environment.”

 

UniQuest CEO, Dr. Dean Moss stated, “Aluminium-ion battery with graphene electrodes could transform the existing rechargeable battery market, dominated by lithium-ion. Lithium-ion batteries demand the extraction of rare earth materials using large amounts of water and are processed with chemicals that can potentially harm the environment. This project has real potential to provide the market with a more environmentally friendly and efficient alternative.”

 

GMG Head Scientist, Dr. Ashok Nanjundan commented, “The project could deliver far-reaching benefits for energy storage, while the batteries were also safer because they do not use lithium, which had been known to cause fires in some mobile phones. This project is a great example of academia and business working together. The current recyclability of batteries is highly problematic due to their chemical properties and the stockpiling of dead batteries presents a large and looming environmental and public safety concern.”

 

GMG CEO, Craig Nicol, “To use local raw materials to manufacture battery cells at a competitive cost to replace imported lithium-ion cells is a massive opportunity for GMG and Australia to reduce supply chain risks and create local jobs.   We’re excited about developing the commercial prototypes followed by initial production here in Australia – at a location yet to be determined.”

 

 

About GMG

GMG is an Australian based clean-tech disruptive company listed on the TSXV (TSXV:GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By use of the company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

 

The Company is also in the early stages of pursuing additional opportunities for GMG graphene including the development of next generation batteries, collaborating with world leading universities in Australia, and investigating the opportunity to enhance the performance of biodiesel and diesel fuels.

 

For further information please contact:

– UniQuest, Brooke Baskin, b.baskin@uniquest.com.au, +61 7 3365 7480, +61 409 767 199

– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223

– Leo Karabelas at Focus Communications, leo@fcir.ca, +1 647 689 6041

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, the risk factors set out under the heading “Risk Factors” in the Company’s final long form non-offering prospectus dated March 31, 2021 available for review on the Company’s profile at www.sedar.com. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

“We’re excited about developing the commercial prototypes followed by initial production here in Australia – at a location yet to be determined” he said.

UQ’s research team was awarded $390,000 over three years to develop the graphene aluminium ion technology from the Australian Research Council’s Linkage Project in 2020.

Graphene Manufacturing Group CEO, Craig Nicol, joins Cory Fleck to introduce the Company as we commence trading on the TSX.V (April 15th, 2021)

 

Monday, April 19, 2021

Guy Outen, Chair of the Board and Craig Nicol, Managing Director, Chief Executive Officer and Founder, Graphene Manufacturing Group Ltd. (“GMG” or the “Company”) (TSXV: GMG), and their team joined Arne Gulstene, Head, Company Services, TMX Group, to celebrate the Company’s new listing on TSX Venture Exchange and close the market. GMG is a clean-tech, disruptive company that produces graphene and hydrogen by cracking methane instead of mined graphite. By use of the Company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

https://www.tsx.com/news/market-opens

BRISBANE, AUSTRALIA – April 15, 2021 – Graphene Manufacturing Group (“GMG” or the “Company”) is pleased to announce the launch of a new investor relations section as part of its corporate website. Investors and prospective investors can access investor-related information, including the Company’s corporate presentation, through the following link: https://graphenemg.com/.

Additionally, the Company is pleased to announce that it has entered into the following agreements to increase its investor relations outreach:

(collectively, the “IR Agreements“).

Pursuant to the Focus Agreement, Focus will provide investor relations services to GMG for a one-year term, subject to early termination in certain events. In accordance with the Focus Agreement, the Company will pay Focus a monthly fee of $12,500, plus applicable taxes, and grant to Focus 100,000 incentive stock options (the “Options“) to purchase up to 100,000 Shares for a period of three years. Each Option is exercisable at price per Share equal to the greater of: (i) $1.00; and (ii) the applicable Discounted Market Price (as such term is defined in the policies of the TSXV) or such other price as may be approved by the TSXV, and will vest quarterly over a one year period.

Pursuant to the Generation Agreement, Generation will provide trading services to GMG for a monthly fee of $7,500 per month, plus applicable taxes, subject to an increase of 3% on each anniversary of the Generation Agreement. The Generation Agreement is for an initial term of six months, with automatic renewal for subsequent six-month periods, unless terminated in accordance with its terms.

Pursuant to the Hybrid Agreement, Hybrid will facilitate a marketing campaign for the Company for a monthly fee of $15,000, plus applicable taxes. The Hybrid Agreement is for an initial term of six months, with automatic renewal for successive three-month periods, unless terminated in accordance with its terms.

Pursuant to the BGAS Agreement, BGAS will provide corporate financial advisory services to GMG for a monthly fee of $40,000, plus applicable taxes. The BGAS Agreement is for an initial term of 90 days, and may be extended by the parties.

Pursuant to the Supercharged Agreement, Supercharged will provide sponsorship services to GMG for a fee of $25,000, plus applicable taxes. The Supercharged Agreement is for an initial term of six months, and may be extended by the parties.

Each of the IR Agreements are with arm’s length parties to the Company. The IR Agreements and grant of the Options remain subject to the approval of the TSX Venture Exchange.

About GMG

GMG is a clean-tech, disruptive company that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By use of the company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

The Company is also in the early stages of pursuing additional opportunities for GMG graphene including the development of next generation batteries, collaborating with world leading universities in Australia, and investigating the opportunity to enhance the performance of biodiesel and diesel fuels.

For further information please contact:
– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
– Leo Karabelas at Focus Communications, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, TSXV approval of each of the IR Agreements and the grant of the Options. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, the risk factors set out under the heading “Risk Factors” in the Company’s final long form non-offering prospectus dated March 31, 2021 available for review on the Company’s profile at www.sedar.com. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

BRISBANE, QUEENSLAND, AUSTRALIA – April 15, 2021 – Graphene Manufacturing Group (“GMG” or the “Company”) is pleased to announce that the Company’s ordinary shares (the “Shares“) commenced trading on the TSX Venture Exchange (“TSXV”) under the symbol “GMG”.

This listing follows the closing of the Company’s Qualifying Transaction (as such term is defined in the policies of the TSXV) with Cuspis Capital Ltd. At listing, the company will have 69,081,718 Shares issued and outstanding.

Craig Nicol CEO, MD and founder of the Company said, “This is an exciting milestone for GMG. The transition from a private company to being a listed public company is a significant enabler of future growth and demonstrates GMG’s confidence in its current product portfolio, a belief in the company’s people and the future for GMG innovations. This step is the culmination of years of hard work by the team who identified the tremendous innovative potential of graphene production and solutions. It is the start of a new chapter in GMG’s life.”

The Chair of GMG’s board of directors, Guy Outen, stated, “This a tremendous milestone for the entire GMG team, its board of directors, our investors, our partners and all other stakeholders who supported us to get here which would not have been possible without the great leadership of our CEO Craig Nicol and CFO Chris Ohlrich”.

GMG is also pleased to announce the appointment of Will Oilerhead to the Company’s Board of Directors.

Mr. Ollerhead has over 30 years of experience in the capital markets and corporate finance field. Will was the CEO of Cuspis Capital Ltd. (TSX-V: CUSP.P) and has served on several other boards of both public and private companies, and not-for profit organizations, as Chairman, director, and as a member and chair of Audit Committees. He has operated Ollerhead Capital since its founding in 1997, providing corporate finance advisory services, and managing a private investment portfolio.

About GMG

GMG is a clean-tech, disruptive company that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By use of the company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

The Company is also in the early stages of pursuing additional opportunities for GMG graphene including the development of next generation batteries, collaborating with world leading universities in Australia, and investigating the opportunity to enhance the performance of biodiesel and diesel fuels.

For further information please contact:
– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
–   Leo Karabelas at Focus Communications, info@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “projects”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements with respect to future events or future performance of the Company, the Company’s plans regarding future business and development activities and opportunities, and benefits arising from the listing of the Shares on the TSXV. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, the risk factors set out under the heading “Risk Factors” in the Company’s final long form non-offering prospectus dated March 31, 2021 available for review on the Company’s profile at www.sedar.com. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.