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.
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 firstname.lastname@example.org, +61 415 445 223
– Leo Karabelas at Focus Communications, email@example.com, +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.