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NanoXplore Inc T.GRA

Alternate Symbol(s):  NNXPF

NanoXplore Inc. is a Canada-based graphene company. The Company and its subsidiaries are engaged in manufacturing and supplying high-volume graphene powder for use in industrial markets. The Company operates through two segments: Advanced materials, plastics and composite products, and Battery cells. Its Advanced materials, plastics and composite products segment provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Its Battery cells segment provides silicon-graphene-enhanced Li-ion battery for the Electric Vehicle and grid storage markets. The Company's Carbon Technology Group specializes in the sale of its graphene powder, GrapheneBlack. GrapheneBlack powder is suitable for a wide range of applications, it is especially useful for improving the properties of plastics and polymers. It has manufacturing facilities across North America and Europe.


TSX:GRA - Post by User

Comment by Lire02on Jan 07, 2022 9:03am
88 Views
Post# 34292193

RE:RE:RE:Half a Billion Financing

RE:RE:RE:Half a Billion FinancingYou are probably right, 1Student, I should not have been surprised that the company is setting itself up with a multitude of options to raise capital should their test facilities prove successful and lead to requiring substantial funds to build out appropriately larger production plants.

I just hope ( and reasonably anticipate ) that we do not ' put the cart before the horse ' and raise scads of dough before securing firm sales contracts based upon proven ability to produce ...the downfall of more than a few temporarily cash rich tech startups .

It does appear, though , that the recent weakness in the share price might have something to do with this announcement and the possibility of a rather large equity raise in the near future.

On the other hand, if the company does have to raise substantial financing , it will likely have some pretty nice orders to fill, so, as always..............CAVEAT EMPTOR !
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