(via TheNewswire)
Transaction Establishes a Leading Team Focused on the Commercialization of Graphene-Enhanced Innovations
Recap of Transaction Highlights:
-
C$5.4 million of associated equity capital raised, the closing of which was previously announced by G6 onApril 13, 2021 ;- Establishment of a world-class research, corporate and project development team focused on the commercialization of graphene-enhanced materials and technologies;
- GX’s assets include a cooperative R&D agreement with the
US Army Corps of Engineers (“USACE”) to develop graphene oxide-based membranes for use in nanofiltration and an exclusive license for two USACE patents;- An option to lease a dedicated area at an advanced industrial development site in
Natchez, Mississippi , which is equipped with a wastewater treatment facility that is connected to a river port by rail to enable rapid industrial-scale production; and
The GX management team brings increased access to capital, having raised over
About
G6 has identified new graphene-based applications to accelerate growth into the future. Accordingly, the Company has a valuable IP portfolio currently comprised of five granted patents and six patent or trademark applications filed. The Company’s management team and employees have a deep understanding of graphene technology based on decades of aggregate academic and commercial experience.
The Company’s e-commerce websites are listed below:
- Conductive Epoxies: Adhesive materials distributed under the G6-EpoxyTMtrade name and can be purchased atg6-epoxy.com
- R&D Materials:
Graphene Laboratories Inc. currently offers over 100 graphene and related products available atGraphene-Supermarket.com
Forward-Looking Information
This news release contains forward-looking statementswithin the meaning of the applicable securities legislation that is based on expectations, estimates and projections as at the date of this news release.By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. “Forward-looking information” in this news release includes information about the acquisition of GX Technologies; the potential for the Company’s long-term growth; the business goals and objectives of the Company, and other forward-looking information includes but is not limited to information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
Risk factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the combined company not being able to expand its pilot facility to produce graphene oxide in
The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.
Neither
Commercial Inquiries
Telephone: (631) 405-5113
Email:info@g6-materials.com
Investor Inquiries
G6 Investor Relations
Telephone: (631) 405-5114
Email:investors@g6-materials.com
ON BEHALF OF THE BOARD: Daniel Stolyarov, President & CEO
SOURCE:
For more information on
Copyright (c) 2021 TheNewswire - All rights reserved.
Copyright (c) 2021 TheNewswire - All rights reserved., source