Magnis Energy Technologies Ltd

MNS

AU000000MNS3

Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 12:10:46 2023-12-05 am EST			5-day change	1st Jan Change
0.042 ^AUD	-6.67%		-.--%	-.--%

Mar. 18	Magnis Energy Technologies Ltd(ASX:MNS) dropped from S&P/ASX All Ordinaries Index	CI
Mar. 18	Magnis Energy Technologies Ltd(ASX:MNS) dropped from S&P/ASX Emerging Companies Index	CI

Magnis Energy Technologies : New York Lithium-ion Battery Plant Transaction Complete

July 01, 2020 at 11:08 am EDT

Magnis Energy Technologies Limited ('Magnis', or the 'Company') (ASX: MNS) is pleased to announce that it has completed the transaction to increase its shareholding in the iM3 New York (iM3NY) Battery Plant as announced on 16 March 2020.

The composition of iM3NY at the completion of the transaction, places Magnis with a 53.39% direct holding. C4V will have a direct holding of 45.18% with Primet Precision Materials Inc and C&D Assembly Inc the remaining holders.

Magnis remains a 10% shareholder of C4V following this transaction, thus the ownership in iM3NY on a direct and indirect basis for Magnis will now be 57.91%.

This announcement has been authorised for release by the Board of Magnis Energy Technologies Ltd.

Contact:

Frank Poullas

Tel: +61 2 8397 9888

Web: www.magnis.com.au

Latest news about Magnis Energy Technologies Ltd

Magnis Energy Technologies Ltd(ASX:MNS) dropped from S&P/ASX All Ordinaries Index	Mar. 17	CI
Magnis Energy Technologies Ltd(ASX:MNS) dropped from S&P/ASX Emerging Companies Index	Mar. 17	CI
Magnis Energy Technologies Ltd Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 15	CI
Magnis Energy Technologies Ltd Announces the Resignation of Claire Bibby as Non-Executive Director	Mar. 10	CI
Magnis Close to Refinancing Unit iM3NY's $100 Million Loan Facility	Feb. 15	MT
Magnis Energy Technologies Announces Resignation of Mona Dajani to the Board	Jan. 01	CI
China's graphite curbs will accelerate plans around alternatives	23-10-23	RE
Magnis Energy Technologies Ltd Announces Appointment of Mr. Jonathan Reynolds as Joint Company Secretary	23-10-23	CI
China's graphite curbs will accelerate plans around alternatives	23-10-20	RE
Magnis Energy Technologies Ltd Reports Earnings Results for the Full Year Ended June 30, 2023	23-10-02	CI
Magnis Energy Technologies Signs Deal for Standby Equity Facility	23-09-08	MT
Magnis Energy Technologies Limited Appoints Fabrizio Perilli as Non-Executive Director	23-07-30	CI
Magnis Energy Technologies Signs LOI for US Anode Active Materials Facility	23-06-30	MT
Graphite producers doing deals with automakers and battery groups	23-06-21	RE
Auto firms race to secure non-Chinese graphite for EVs as shortages loom	23-06-21	RE
Magnis Energy Technologies Secures Certification for iM3NY Facility	23-06-15	MT
Magnis Energy Technologies Ltd Announces Resignation of David Taylor as Chief Executive Officer	23-06-14	CI
Magnis Energy Technologies Completes AU$25 Million Facility; Shares Fall 4%	23-06-13	MT
Magnis Energy Technologies Advances Testing Process for Lithium Cell Transport Certification; Shares Rally 11%	23-06-01	MT
Magnis Energy Technologies Ltd. Appoints Hoshi Daruwalla as Managing Director	23-05-26	CI
IM3NY, Omega Seiki Mobility Enter JV for Lithium-ion Battery Pack Production	23-05-17	MT
Magnis Energy Technologies Limited Announces Board and Officeholder Changes	23-04-06	CI
Magnis Energy Technologies Completes Up to AU$50 Million Facility	23-03-24	MT
Magnis Energy Technologies Receives Up to AU$50 Million Funding Proposal	23-03-17	MT
Magnis Energy Technologies Limited announced that it expects to receive AUD 25 million in funding from SBC Global Investors	23-03-16	CI

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Company Profile

Magnis Energy Technologies Limited is an Australia-based vertically integrated lithium-ion battery technology and materials company in the Lithium-ion battery supply chain. Its subsidiary, Imperium3 New York Inc. (iM3NY), operates the Lithium-ion battery plant in Endicott, New York. iM3NY has commenced commercial production of Li ion cells and accelerating its ramp-up plans to produce 15,000 cells/day up to an annual production rate of 1.8 gigawatt hours with several binding offtakes already secured. Charge CCCVâs (C4Vâs) proprietary Li-ion battery technology and discoveries are known for extending battery life, greater safety and charge performance. C4Vâs also provides value chain solutions for Li ion battery manufacturing through cell design and engineering, cell fabrication process, qualification of raw materials supply chain and cell fabrication equipment supplier, blueprint of plants and engaging with engineering, procurement and construction (EPC) contractors.

Sector

Specialty Mining & Metals

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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