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Graphene Manufacturing Group Ltd V.GMG

Alternate Symbol(s):  GMGMF | V.GMG.WT.A

Industrials
Graphene Manufacturing Group Limited is a clean-technology company. The Company seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. It has developed a proprietary production process to decompose natural gas (methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces scalable, tunable and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company focus to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, it has focused on graphene enhanced heating, ventilation, and air conditioning (HVAC-R) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, the Company and the University of Queensland are working to progress research and development and commercialization of G+AI batteries.


TSXV:GMG - Post by User

Graphene Manufacturing Group Ltd
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Post by StockHawk1on Sep 28, 2022 2:45pm
158 Views
Post# 34992961

Summary of News Today (GMG officially acquires THERMAL-XR)

Summary of News Today (GMG officially acquires THERMAL-XR)

Graphene Manufacturing Group (GMG.v) is in the green today after announcing that it has officially acquired the manufacturing IP and brand rights of OzKem's THERMAL-XR coating products. 


OzKem developed this coating system using GMG graphene and its base HVAC coating.


GMG is already an international distributor of THERMAL-XR products so it is good to see them fully acquire the rights to these products. 


Thermal XR is also GMG's most immediate revenue generator, so it's good to see them invest more in these products their sales give GMG more money for battery development/commercialization.


More info here: https://ca.finance.yahoo.com/news/gmg-acquires-thermal-xr-r-112100135.html


GMG @ $3.10

MC $242.923M

 
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