Highlights:
• Construction of the Pilot Battery Plant has commenced with commissioning expected in November, 2021.
• The company has purchased additional equipment to manufacture G+AI Battery prototypes in pouch pack cell format in addition to coin cell format.
• Commercial prototypes for coin cell and pouch pack batteries remain on target (see July 14, 2021 press release titled “GMG Announces In-House Battery Pilot Plant Investment”).
• GMG has secured a site for a new headquarters and Pilot Battery Plant facility.

 

BRISBANE, QUEENSLAND, AUSTRALIA – Graphene Manufacturing Group Ltd. (TSX-V:GMG; FRA:0GF) (“GMG” or the “Company”) is pleased to provide an update on the pilot production and testing plant (the “Pilot Battery Plant”) for GMG’s graphene aluminium-ion batteries (“G+IA Batteries”) announced in the Company’s news release dated July 14, 2021.

Construction of the Pilot Battery Plant has commenced with commissioning of the facility expected to begin in November, 2021. The Pilot Battery Plant will be located in a recently secured new headquarters and production facility in Brisbane.

Further, the Company has committed additional expenditures to allow the Pilot Battery Plant to produce pouch pack cell format batteries in addition to the previously announced coin cell format. This addition to the facility is intended to potentially accelerate the development of G+AI Battery pouch packs and allow early collaboration with some of GMG’s major customer prospects and their specific requirements. Pouch pack cells are typically used in personal electronics such as cell phones, laptops, as well as in electric vehicles and grid storage batteries. Revenue from the Pilot Battery Plant is not expected to be significant.

Pilot production of a prototype coin cell battery is targeted before the end of 2021 and a pouch pack commercial prototype battery is targeted before the end of 2022. Subject to successful commercial prototypes and a final investment decision, GMG expects to construct an initial commercial coin cell G+AI Battery manufacturing facility, followed by first production and sales of G+AI Batteries. The location of this manufacturing facility is not yet decided but will likely be in Australia where GMG’s headquarters and existing operations are located.

GMG’s Managing Director and CEO, Craig Nicol, commented: “We are excited to shortly be able to develop, manufacture and test our own G+AI Battery coin cell and pouch packs in-house, in continued collaboration with the University of Queensland. This will allow us to potentially accelerate the development of our G+AI Batteries, work with our future customers and further build on our internal expertise. Our new headquarters in Brisbane, Australia, will enable GMG to have graphene manufacturing, graphene fluid blending, the G+AI Battery pilot plant as well as our global headquarters all under one roof which will greatly enhance our overall efficiency.”

About GMG

GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (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 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 and energy efficiency of engine oils, 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) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: commissioning of the Pilot Battery Plant; the timing of development of a commercial prototype coin cell battery and a pouch pack commercial prototype battery; and the construction of an initial commercial coin cell G+AI Battery manufacturing facility.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company’s resources, including its personnel, and the intention of the Company to research, develop and produce certain products.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, 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.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

 

Oct 25, 2021 – Graphene Manufacturing Group Ltd. (TSX-V:GMG ; FRA:0GF) (“GMG” or the “Company”) is pleased to announce that GMG and Robert Bosch Australia Pty Ltd (“BOSCH”) have signed a non-binding Letter of Intent, with the aim to agree on the terms of binding agreements for BOSCH to design and deliver a Graphene Aluminium Ion Battery (“G+AI Battery”) manufacturing plant.

Robert Bosch Australia Pty Ltd is a subsidiary of the BOSCH Group, a global provider of integrated production line solutions, automation, robotics and testing equipment. BOSCH will support GMG in learning and developing the automation of the battery assembly process and use the results from the GMG G+AI Battery pilot plant to support the scaling of these into fully automated plants. The parties’ intent is for BOSCH to become GMG’s engineering, design and construction contractor for GMG’s near and long-term battery cell manufacturing facility needs (both coin cell and pouch pack).

GMG’s Managing Director and CEO, Craig Nicol, commented: “We are proud and excited to be partnering with BOSCH. They are a major, world leading company in this space with outstanding capability to help provide highly automated, efficient and reliable battery manufacturing plants. It has been great working with the BOSCH Australia team so far and we look forward to building a strong long-term partnership with them.”

Gavin Smith, President of BOSCH Australia said: “We are delighted to have been chosen by GMG as its long term factory automation partner. We are excited to bring Bosch’s world class technology and expertise to support GMG commercialise its innovative battery technology, with an automated coin cell manufacturing plant the first cab off the ranks.”

GMG’s commitment to an initial commercial G+AI Battery manufacturing plant, which is planned to produce batteries in coin cell format, is expected to follow successful commercial G+AI Battery prototype development and a final investment decision. The location is not yet decided but is expected to be in Australia where GMG’s headquarters and existing operations are located.

Further to the Company’s news release dated July 14, 2021, the G+AI Battery pilot plant equipment has been received and the Company intends to commence construction and commissioning shortly.

Following previously announced performance results of GMG’s G+AI Battery and highly encouraging customer feedback, the Company believes that it remains on track to develop a commercial prototype coin cell battery before the end of 2021, and thus continues to progress preparations for a commercial scale battery manufacturing facility in parallel. For further information, see the Company’s news release dated May 5th 2021 and June 22nd, 2021.

About GMG

GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (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 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 and energy efficiency of engine oils, biodiesel and diesel fuels.

About Bosch

Bosch is a preferred supplier of advanced manufacturing solutions and integrations to Australian businesses. Bosch Australia Manufacturing Solutions (BAMS) is committed to strengthening the competitiveness of the Australian manufacturing sector. BAMS has become one of the country’s leading factory automation companies, working with a diverse array of blue-chip, mid-tier and start-up manufacturers to automate their manufacturing. With over 50 years of manufacturing experience and factory automation know-how, BAMS aims to help Australian manufacturers become fit for the future.

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) 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 Letter of Intent and entering into binding agreements with BOSCH, construction of the G+AI Battery manufacturing plant, the Company’s partnership with BOSCH, the G+AI Battery pilot plant equipment, the Company’s pursuit of additional opportunities for GMG graphene, and the development of a commercial prototype coin cell battery.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, the Company will be successful in negotiating binding agreements with BOSCH as anticipated, the Company will be successful in obtaining all necessary approvals under the Letter of Intent and any binding agreement, the construction of the G+AI Battery manufacturing plant will be completed as anticipated, the Company will secure a partnership with BOSCH as anticipated, the Company the Company will be able to commence construction and commissioning of the G+AI Battery pilot plant equipment on the anticipated timelines, the Company will be successful in collaborating with universities in Australia to develop its products, the Company will be able to enhance the performance and energy efficiency of engine oils, biodiesel and diesel fuels, and that the Company will be able to develop a commercial prototype coin cell battery before the end of 2021.

Forward-looking information involve 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: the Company will not be successful in negotiating binding agreements with BOSCH, the Company will not be successful in obtaining all necessary approvals under the Letter of Intent and any binding agreement, the construction of the G+AI Battery manufacturing plant will not be completed as anticipated, the Company will not be able to secure a partnership with BOSCH as anticipated, the Company will not be able to commence construction and commissioning of the G+AI Battery pilot plant equipment on the anticipated timelines, the Company will not be successful in collaborating with universities in Australia to develop its products, the Company will not be able to enhance the performance and energy efficiency of engine oils, biodiesel and diesel fuels, and that the Company will not be able to develop a commercial prototype coin cell battery before the end of 2021. Such forward-looking information represents management’s best judgment based on information currently available. 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: 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.

CEO & Managing Director Craig Nicol discusses the potential disruptive capabilities of the Company’s battery technology with Soar Financial.

www.graphenemg.com   |  TSXV: GMG

 

 

 

 

THERMAL-XR® PROJECT UPDATE: BRISBANE CHURCH, 95 kW Unit, 48.26% ENERGY REDUCTION UTILISING THERMAL-XR®

After coating with THERMAL-XR® on a Brisbane Church. 95 kW Unit, Air Conditioner, a 48.26% Energy Reduction was measured and management regression analysis estimate.

Energy Reduction 48.26 %
Measurement Pre & Post Measurement – 1 day
Unit 95 kW Carrier PKG Air Conditioner
Date October 2021
Calculation Method Coefficient of Performance (COP) GMG Management 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.

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
Emission Savings 149.3 CO2 kg
Measurement Days 46 days (11 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 15.6 kWhr
Emission Savings 1.56 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
Emission Savings 148.2 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 #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
Emission Savings 1197 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

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