THERMAL-XR® PROJECT UPDATE: INTERNATIONAL FOOD BRAND MANUFACTURING SITE IN SINGAPORE, DAIKIN CHILLER HE 402C, 11.6% ENERGY REDUCTION UTILISING THERMAL-XR®
In tropical climatic conditions, THERMAL-XR® powered by GMG Graphene continues to perform.
| Total Energy | 11.6% Improvement |
| Measurement | Pre & Post Energy Calculation |
| Unit | Daikin Chiller HE402 C |
| Date | April 2022 |
| Calculation Method | Pre & Post GMG Management Energy Calculation Estimate |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kits are available.
www.graphenemg.com | TSXV: GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
Business Update is Provided as a Service Only. This update is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Australia or Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by GMG to that effect. The information on/in this update is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GMG and should not be used for the purpose of making investment decisions concerning GMG securities.
After coating with THERMAL-XR® on a public library air conditioner, a 52% ENERGY SAVINGS was measured and verified by an independent third-party certified verification and measurement professional (CVMP). It confirmed that the THERMAL- XR® treatment yielded an estimated savings of 52% or 348 kWh ± 91kWH with a relative uncertainty of 26% at a confidence level of 90%.
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
BUILDING AIR CONDITIONING ENERGY SAVINGS:
The 53.2kW (Model OPA55RKTBG01-P) ducted system was studied over a 4 month period with energy and weather data obtained via remote wifi-connected energy sensors and third-party weather stations. Calculations for the regression model were carried out by an independent Certified Measurement & Verification Professional (CVMP) with reference to International Performance Measurement and Verification Protocol (IPMVP). Annualised calculations are projected over a full 12 months without any seasonality variance included and emissions reductions were based on the Queensland specific electricity grid greenhouse gas emission factors of 0.82 kg of CO2 / kW-hr. The above energy and emission calculation are based on 348 kWh ± 91kWH with a relative uncertainty of 26% at a confidence level of 90% over 18 days of regression modeling. The library has 4 operational days per week.
GMG CEO/MD/Founder Craig Nicol said, “According to the Australian Energy Regulator, Australia alone consumes nearly 200 TWh every year on the electricity grid with an estimated value of AU$60 billion. We believe approximately 20% is attributed to cooling costs which is AU$12 billion per annum which is obviously a significant opportunity for GMG”.
Cautionary Note Regarding Forward-Looking Statements.
This document contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation, including statements relating to: (a) the demand for THERMAL-XR® and cooling; and (b) management’s expectations of the effects of Thermal-XR® and cooling as a result of the Company’s air conditioning energy savings project and CVMP’s verification. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions that the expected results of cooling and the THERMAL-XR® will be consistent with the Company’s expectations as a result of the Company’s air conditioning energy savings project and CVMP’s verification, and that the market demand for the Company’s THERMAL-XR® will be consistent with the Company’s expectations. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties, and other factors which may cause the actual plans, intentions, activities, results, performance, or achievements of GMG to be materially different from any future plans, intentions, activities results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) the expected results of cooling and the THERMAL-XR® will not be consistent with the Company’s expectations as a result of the Company’s air conditioning energy savings project and CVMP’s verification, and (b) there will be not a global market trend or demand for THERMAL-XR® or cooling; and (c) public health crises such as the COVID-19 pandemic may adversely impact the Company’s business.
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. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
THERMAL-XR® PROJECT UPDATE: HEALTH & FITNESS CLUB #3, 22% ENERGY REDUCTION
After coating with THERMAL-XR® on a Brisbane Health & Fitness Club 85 kW Air Conditioner, a 22% Energy Reduction was measured by management regression analysis estimate.
| Energy Reduction | 22 % |
| Energy Savings | 1482 kWhr | Annualised Estimate 27046 kWhr |
| Emission Savings | 1187 CO2 kg | Annualised Estimate 21662 CO2 kg |
| Measurement Days | 39 (20 days normalised calculations) |
| Unit | 85 kW Air Conditioner |
| Date | January 2021 |
| Calculation Method | Regressional Analysis to IPMVP (B) GMG Management Estimate |
| Accuracy | 100% |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kit Available
www.graphenemg.com | TSXV: GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
Business Update is Provided as a Service Only. This update is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Australia or Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by GMG to that effect. The information on/in this update is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GMG and should not be used for the purpose of making investment decisions concerning GMG securities.
THERMAL-XR® PROJECT UPDATE: Cold Storage Facility in Singapore Savings, 8% Energy Reduction
After coating with THERMAL-XR® on a Singapore, Residential air conditioner, a 8% Energy Reduction was measured by management regression analysis estimate.
| Energy Reduction | 8% |
| Measurement Days | 76 days |
| Unit | Refrigerated System |
| Date | March 2021 |
| Calculation Method | GMG Management Estimate Calculation Pre vs Post Coating |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kit available.
www.graphenemg.com | TSXV: GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
Business Update is Provided as a Service Only. This update is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Australia or Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by GMG to that effect. The information on/in this update is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GMG and should not be used for the purpose of making investment decisions concerning GMG securities.
THERMAL-XR® PROJECT UPDATE: Poultry Processing Facility in Singapore Savings, 6.5% Energy Reduction
After coating with THERMAL-XR® on a Poultry Processing Facility in Singapore, a 6.5% Energy Reduction was measured by management regression analysis estimate.
| Energy Reduction | 6.5% |
| Energy Savings | 747 kWhr | Annualised Estimate 18177 kWhr |
| Emission Savings | 149.3 CO2 kg | Annualised Estimate 3625 CO2 kg |
| Measurement Days | 46 days (15 days of normalised calculations) |
| Unit | Split Ducted System with Triplet Compressors |
| Date | March 2021 |
| Calculation Method | Regressional Analysis to IPMVP (B) GMG Management Estimate |
| Accuracy | 99.99% |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kit available.
www.graphenemg.com | TSXV:GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
Business Update is Provided as a Service Only. This update is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Australia or Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by GMG to that effect. The information on/in this update is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GMG and should not be used for the purpose of making investment decisions concerning GMG securities.
THERMAL-XR® PROJECT UPDATE: Residential Singapore Air Conditioner Savings, 13.4% Energy Reduction
After coating with THERMAL-XR® on a Singapore, Residential air conditioner, a 13.4% Energy Reduction was measured by management regression analysis estimate.
| Energy Reduction | 13.4% |
| Energy Savings | 5.6 kWhr | Annualised Estimate 127.7 kWhr |
| Emission Savings | 5.6 CO2 kg | Annualised Estimate 127.7 CO2 kg |
| Measurement Days | 40 days (16 days of normalised calculations) |
| Unit | 5kW Air Conditioner |
| Date | November 2020 |
| Calculation Method | Regression Analysis GMG Management Estimate |
| Accuracy | 99.5% |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kit Available.
www.graphenemg.com | TSXV: GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
Business Update is Provided as a Service Only. This update is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Australia or Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by GMG to that effect. The information on/in this update is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GMG and should not be used for the purpose of making investment decisions concerning GMG securities.
THERMAL-XR® PROJECT UPDATE: FOOD INGREDIENT MANUFACTURER, 15% ENERGY REDUCTION
After coating with THERMAL-XR® on a Food Ingredient Manufacturer in Singapore, 11.2 kW Air Conditioner, a 15% Energy Reduction was measured by management regression analysis estimate.
| Energy Reduction | 15 % |
| Energy Savings | 3280 kWhr- annualised |
| Emission Savings | 3280 CO2 kg – annualised |
| Measurement Days | 45 (11 days normalised calculations) |
| Unit | 11.2 kW Air Conditioner |
| Date | July 2021 |
| Calculation Method | Regressional Analysis to IPMVP (B) GMG Management Estimate |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kit Available.
www.graphenemg.com | TSXV: GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
Business Update is Provided as a Service Only. This update is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Australia or Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by GMG to that effect. The information on/in this update is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GMG and should not be used for the purpose of making investment decisions concerning GMG securities.
THERMAL-XR® PROJECT UPDATE: LOGISTICS WAREHOUSE SINGAPORE, 15.7% ENERGY REDUCTION
After coating with THERMAL-XR® on a Logistics Warehouse Singapore 11.2 kW Air Conditioner, a 15.7% Energy Reduction was measured by management regression analysis estimate.
| Energy Reduction | 15.7 % |
| Energy Savings | 1482 kWhr | Annualised Estimate 49175 kWhr |
| Emission Savings | 149.3 CO2 kg | Annualised Estimate 4954 CO2 kg |
| Measurement Days | 45 (11 days normalised calculations) |
| Unit | 11.2 kW Air Conditioner |
| Date | January 2021 |
| Calculation Method | Regressional Analysis to IPMVP (B) GMG Management Estimate |
| Accuracy | 99.97% |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kit Available.
www.graphenemg.com | TSXV: GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
Business Update is Provided as a Service Only. This update is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Australia or Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by GMG to that effect. The information on/in this update is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GMG and should not be used for the purpose of making investment decisions concerning GMG securities.
THERMAL-XR® PROJECT UPDATE: HEALTH & FITNESS CLUB #2, 14% ENERGY REDUCTION
After coating with THERMAL-XR® on a Brisbane Health & Fitness Club 14 kW Air Conditioner, a 14% Energy Reduction was measured by management regression analysis estimate.
| Energy Reduction | 14 % |
| Energy Savings | 457 kWhr | Annualised Estimate 6177 kWhr |
| Emission Savings | 457 CO2 kg | Annualised Estimate 6177 CO2 kg |
| Measurement Days | 42 (27 days normalised calculations) |
| Unit | 16.5 kW Air Conditioner |
| Date | January 2021 |
| Calculation Method | Regressional Analysis to IPMVP (B) GMG Management Estimate |
| Accuracy | 99.9% |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kit Available
www.graphenemg.com | TSXV: GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
Business Update is Provided as a Service Only. This update is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Australia or Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by GMG to that effect. The information on/in this update is not intended to modify, qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to GMG and should not be used for the purpose of making investment decisions concerning GMG securities.
THERMAL-XR® PROJECT UPDATE: HEALTH & FITNESS CLUB #1, 59% ENERGY REDUCTION
After coating with THERMAL-XR® on a Brisbane Health & Fitness Club 14Kw Air Conditioner, a 59% Energy Reduction was measured by management regression analysis estimate.
| Energy Reductions | 59 % |
| Energy Savings | 111 kWhr | Annualised 6752.5 kWhr |
| Emission Savings | 111 CO2 kg | Annualised 6752.5 CO2 kg |
| Measurement Days | 66 (6 days normalised calculations) |
| Unit | 14 kW Air Conditioner |
| Date | October 2020 |
| Calculation Method | Regressional Analysis to IPMVP (B) GMG Management Estimate |
| Accuracy | 96.9% |
THERMAL-XR® powered by GMG Graphene is a coating application for restoring and improving energy efficiency to refrigeration and air conditioning coils on both building and transport cooling systems (HVAC-R). The process coats and rebuilds lost thermal conductivity to the coil by leveraging GMG’s Graphene to increase the heat transfer rate, resulting in efficiency improvement, and reductions in both energy and CO2 emissions for customers.
Contact GMG for further information and/or partnership pricing. Starter Kit Available
www.graphenemg.com | TSXV: GMG
DISCLAIMER
All information provided in this update represents management’s best judgment based on information available to GMG. Unless otherwise indicated, the information in this update is current only as of the date of the document that contains the information or the date on which the document is posted. No such information can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on such information.
You hereby assume all risk and responsibility for the reliance on the information in this update. To the full extent permissible by applicable law, GMG disclaims any representation, warranty, or condition of any kind, express or implied. GMG assumes no responsibility to you or any third party for any errors or omissions and will not be liable for any damages of any kind arising from the reliance of the information in this update (including indirect, direct, incidental, special, punitive, or consequential damages and loss of profits, opportunities or information).
GMG may at any time change or update the information in this update without prior notice. The information and materials contained therein could include technical, typographical, or photographic errors. Although GMG believes the information to be correct at the time it is posted, GMG does not warrant the accuracy, completeness, or currency of this information at all times.
Exclusion of Liability. GMG shall not be liable for any claims, expenses, damages (including direct, indirect, special, or consequential damages), loss of profits, opportunities, or information arising from: the use of or reliance on information contained in this update; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to our website; and any other matter connected with this update; even if GMG is made aware of the possibility of such claims, expenses, damages, or losses.
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