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Graphene Manufacturing Group Ltd V.GMG

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

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

Post by StockHawk1on Nov 16, 2022 4:36pm
238 Views
Post# 35104750

GMG.v raising $5M

GMG.v raising $5M

Graphene Manufacturing Group (GMG.v GMGMF) is raising $5M gross through a bought deal financing. 


GMG is planning to expand its battery manufacturing and build its own independent energy source through solar panels. 


Given this, I think this financing is well-timed as GMG needs to be well-cashed to achieve these goals. 


GMG @ $3.07, MC $240.956M

https://graphenemg.com/gmg-announces-5-million-bought-deal-unit-offering/

 
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