In this interview, Craig Nicol, Founder, MD & CEO of Graphene Manufacturing Group Ltd, joins Andrew O’Donnell from Supercharged Stocks to discuss the future of GMG’s Graphene Aluminium-Ion Battery Technology and the potential opportunities for GMG’s battery with the Internet of Things.

TSXV: GMG

www.graphenemg.com

 

 

 

July 14th, 2021 – Graphene Manufacturing Group Ltd. (TSX-V:GMG) (“GMG” or the “Company”) is pleased to announce that it is procuring equipment for a pilot production and testing plant for the manufacture of its Graphene Aluminum-Ion Batteries.

Following recently published exciting performance results and very encouraging customer feedback, production of a commercial prototype coin cell battery is targeted before the end of 2021. This pilot production and testing plant is an important next step in the Company’s battery technology development plan.

The Company is also evaluating the purchase of additional equipment to enable the manufacturing of Graphene Aluminum-Ion Batteries in a pouch cell format.

GMG’s Managing Director and CEO, Craig Nicol, commented: “GMG believes that its ability to manufacture Graphene Aluminum-Ion Batteries in-house allows us to directly control the production of coin and potentially pouch cell batteries for early customer testing and likely speed up the development and commercialisation of this exciting battery technology. The necessary equipment for our pilot production and testing plant is also readily available and the Company believes that it is cost effective as it’s the same standard equipment used for the manufacture of existing coin cell format batteries.”

“We have received a large number of inquiries about our promising battery technology from across the world and we look forward to working with potential customers to meet demand for next generation rechargeable battery technology. We continue to work closely with the University of Queensland to develop a commercial coin cell prototype by the end of 2021 and a pouch cell commercial prototype by the end of 2022. Having our own battery manufacturing capability provides the Company with an opportunity to accelerate the development timeline of the commercial production plant.” Craig Nicol said.

The Company believes that its performance testing results of early prototypes have shown very encouraging power and energy density results and that batteries are retaining full performance after more than 3000 charge and discharge cycles. Furthermore, the Company believes that such results show that the Graphene Aluminum-Ion Batteries are almost fully recyclable, have an extremely low fire risk and do not use lithium nor any rare earth metals.

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 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 development of its pilot production and testing plant and procuring equipment for the same, manufacturing of prototypes by GMG and the University of Queensland, anticipated timelines for commercial prototypes and customer testing, management’s expectations from its testing results, the results arising from and application of GMG’s graphene aluminium-ion batteries, and the Company’s pursuit of opportunities for GMG in Australia and internationally.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions regarding the accuracy of the Company’s cost and timing expectations, that the Company will be successful in the development of its pilot production and testing plant as expected, the Company will be able to procure equipment for the pilot production and testing plant, the Company and the University of Queensland will be able to manufacture prototypes and complete customer testing as anticipated and on the expected timelines, the Company’s testing results will be aligned with management’s expectations, the results and application of GMG’s graphene aluminium-ion batteries will be aligned with management’s expectations, the Company will be successful in pursuing additional opportunities both in Australia and internationally, that the Company’s operations and ability to develop its products will not be adversely impacted by COVID-19, 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.

Forward-looking statements and information are subject to various known and unknown risks and 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: that the Company will not be successful in the development of its pilot production and testing plant as expected, the Company will not be able to procure equipment for the pilot production and testing plant, the Company and the University of Queensland will not be able to manufacture prototypes and complete customer testing as anticipated and on the expected timelines, the Company’s testing results will not be aligned with management’s expectations, the results and application of GMG’s graphene aluminium-ion batteries will not be aligned with management’s expectations, the Company will not be successful in pursuing additional opportunities both in Australia and internationally, that the Company’s operations and ability to develop its products will be adversely impacted by COVID-19, the Company will not be able to research, develop and test its products within anticipated timelines, that results of testing and development data will not be consistent with anticipated results and estimates, and 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.

 

 

BRISBANE, QUEENSLAND, AUSTRALIA – June 24th, 2021 – Graphene Manufacturing Group Ltd. (TSX-V:GMG) (“GMG” or the “Company”) is pleased to announce that it will join the Future Battery Industries Cooperative Research Centre (“CRC”) for Battery Electrolytes along with various organizations and universities. The CRC’s objective is to develop advanced electrolyte systems that improve battery performance. The project will run over a period of 4 years with GMG providing a source of graphene and personnel time to the project.

GMG’s Chief Scientific Officer Dr Ashok Nanjundan said, “This is another exciting energy storage development project showcasing the potential uses of GMG’s graphene for the further development of various existing battery technologies”.

The CRC brings together almost 60 industry participants, including eight universities, the Commonwealth Scientific and Industrial Research Organization, and Federal and State Governments. A six-year research and development program will target all segments of the battery value chain to deliver commercially proprietary outcomes to accelerate industry expansion and grow a vibrant, emerging battery sector. With approximately A$130 million cash and in-kind contributions, the CRC is focused on Australia as a leader in battery industries that seeks to create a new generation of highly skilled workers equipped to deliver energy materials of the future.

About Future Battery Industries Cooperative Research Centre
The Future Battery Industries Cooperative Research Centre is enabling the growth of battery industries to power Australia’s future. It brings together industry, researchers, governments, and the community to ensure Australia plays a leading role in the global battery revolution.

The CRC is critical in making Australia’s industries more competitive by harnessing the research skills and industry expertise required to create new economic opportunities.

For further information: https://fbicrc.com.au/

 

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 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, 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 deployment of the Company’s resources, including its personnel; goals, outcomes and results of the activities of the CRC; and the intention of the Company to research, develop and produce certain products. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions regarding the accuracy of the Company’s cost and timing expectations, and the Company’s continued participation with the CRC. 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.

 

June 22nd, 2021 – Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to share further performance data of the graphene aluminium-ion coin cell batteries using the patent-pending surface perforation of graphene synthesised by the Company and the University of Queensland (“UQ”).

The experiments were performed at the Australian Institute for Bioengineering and Nanotechnology (“AIBN”) at UQ. Testing confirmed a very high cycle rate for graphene aluminium-ion coin cell batteries together with minimal reduction in performance over a 3,000 cycle experiment period (which includes charging up to full charge and discharge down to near full discharge) at very high charging rates – including at 2 Ampere per gram (“A/g”) of cathode material for 1000 cycles, 5 A/g of cathode material for 1000 cycles and then 10 A/g of cathode material for a further 1000 cycles.

GMG graphene is currently being used to produce coin cell prototypes for customer testing. A commercial prototype for the coin cell is targeted before the end of 2021.

Source: University of Queensland. All testing was carried out on coin cells with perforated GMG graphene in aluminium ion battery at ambient temperature cycling from 2.4V to 0.5V, 1000 cycles at 10 Coulomb or 10 C (2 A/g) providing ~ 200 milli-Ampere-hour/gram (“mAh/g”) of capacity, 1000 cycles at 30 C (5 A/g) providing >150 mAh/g of capacity and 1000 cycles at 66 C (10 A/g) providing > 150 mAh/g.

GMG’s Chief Scientific Officer Dr Ashok Nanjundan said “These results show a very high cycling rate for over 3000 cycles with negligible reduction in performance and at a very high charging rate up to 66 Coulomb or 66 C which is in comparison to what is typically seen with lithium-ion batteries between 600 and 1000 cycles at much lower charging rates of 1/5 C where performance typically reduces to 60% of original capacity”.

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 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, and the results arising from and application of GMG’s graphene aluminium-ion batteries. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions regarding the accuracy of the Company’s cost and timing expectations, that the Company will be successful in the deployment of its resources and personnel, that the Company’s operations and ability to develop its products will not be adversely impacted by COVID-19, 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. 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.

 

June 1st, 2021 – Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to provide the latest update on its graphene aluminium-ion battery technology (“G+AI Battery”) being developed by the Company and the University of Queensland.

Since GMG’s market update on May 11, 2021 (“GMG Graphene Aluminium-Ion Battery Performance Data”), the Company has appointed Director Robbert de Weijer as G+AI Battery Project Director and has instructed the Company’s Head of Technology and Head of Graphene Projects to prioritise the G+AI Battery’s technical progression. In addition, the Company’s new Chief Operating Officer together with the operating team are prioritising the production of the particular graphene needed for G+AI Battery production.

These moves reflect GMG’s determination to positively respond to the many encouraging, and varied inquiries the Company has received regarding the technical and commercial application of G+AI Batteries.

GMG’s Chief Executive Officer and Managing Director, Craig Nicol, stated: “More than 80 incoming requests from across the globe have been received by the Company from organizations seeking to explore potential applications in electric consumer vehicles, high-performance cars, heavy duty vehicles, motor bikes, air transport, personal appliances such as laptop computers and phones, grid-connected storage, and others. Several parties noted, among other things, the potential high power density of graphene aluminium-ion batteries which enables faster-charging; that graphene aluminium-ion batteries are expected to be greener and be able to be produced without lithium and rare earths; that the performance of such batteries are expected to be safer, with much lower fire risk; and finally that graphene aluminium-ion batteries are expected not to require the complexity and weight of cooling systems required by lithium-ion battery technology. The Company is encouraged by this initial interest and will continue to provide regular updates regarding the performance and development of its graphene aluminium-ion batteries as the research and development and commercial programmes progress.”

GMG is in the process of signing non-disclosure agreements with certain parties to provide for a confidential exchange of information in connection with the evaluation of a potential business relationship between the parties. In particular, the Company intends to determine whether it should engage such parties to assist in, among other things, defining the battery specifications for GMG’s pouch pack for certain applications.

As previously announced, GMG is seeking to bring coin cell commercial prototypes into production for customer testing in approximately 6 months and a pouch pack commercial prototype – used in mobile phones, laptops etc. – for customer testing in approximately 18 months.

The Company is also pleased to announce that it has engaged B. Riley Securities as its exclusive capital markets advisor and sponsor in connection with seeking quotation of the Company’s shares on the OTCQB market in the United States. The OTCQB is a leading market for entrepreneurial and developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.

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:
– 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

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.commany 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

 

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+UQ 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 monthsWe 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.commany 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

 

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.