Press Release

QUEENSLAND STATE GOVERNMENT SUPPORTS GMG’S GRAPHENE ALUMINUM-ION BATTERY INNOVATION

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.