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Bullboard - Stock Discussion Forum 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... see more

TSXV:GMG - Post Discussion

Graphene Manufacturing Group Ltd > Summary of News Today (GMG officially acquires THERMAL-XR)
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Post by StockHawk1 on Sep 28, 2022 2:45pm

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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