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.

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Graphene Manufacturing Group Ltd > GMG CEO on $5M bought deal unit offering

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Comment by biggonadson Nov 18, 2022 2:21pm

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Post# 35111162

RE:GMG CEO on $5M bought deal unit offering

This announcement is a rare bought deal of 1.8M units for a guaranteed financing of ~$5M. Win/Win IMO when it comes to securing guaranteed financing for the company’s coin cell development moving into the next stage and their graphene expansion with the new warehouse with minimal dilution.

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