Black Swan Graphene - Page 2

Black Swan Graphene and Nationwide Engineering Research and Development (“NERD”) have announced a strategic partnership being embedded in a fully integrated supply chain which will include Arup Group Limited, a multinational engineering consultancy headquartered in London, United Kingdom, with 18,000 experts working across 140 countries.

At the core of the partnership between Black Swan and NERD, is the completion of an equity swap where each company will own approximately five percent (5%) of the outstanding shares of the other, and the execution of a supply agreement between the two companies under which NERD will be sourcing its graphene requirements from Black Swan.

Black Swan Graphene has announced it has launched a scoping study to evaluate the feasibility of a larger production scale of graphene products, in partnership with engineering firm Halyard Inc.

The large-scale production engineering study will provide an initial evaluation of the project, including processing plant specifications as well as mechanical, civil, structural, and electrical designs. The facility will be based in the province of Quebec, Canada.

Black Swan Graphene has successfully completed its IPO yesterday, and the company now trades at Toronto's Venture Exchange with the ticker SWAN. The company has a market value of $68 million CAD ($52 million USD) and raised $5 million as part of the process.

Black Swan Graphene was established in July 2021, by Mason Graphite and Thomas Swan. BSG owns patented graphene processing technologies developed at Thomas Swan.

Black Swan Graphene aims to go public, expecting to trade at the Toronto Venture Exchange (TSX). the company will do so as a merger with capital pool company Dragonfly Capital Corp. As part of the deal, the company will raise $5 million CAD.

Black Swan Graphene was established in July 2021, by Mason Graphite and Thomas Swan. BSG owns patented graphene processing technologies developed at Thomas Swan, and before the deal with Dragonfly Mason Graphite held 66.67% of the company, while Thomas swan held 33.33%.

Mason Graphite has announced that graphene resulting from the patented process owned by Black Swan Graphene and produced by Black Swan’s strategic shareholder Thomas Swan was recently used in the concrete mix poured during the construction of a large residential development in the United Kingdom.

Nationwide Engineering Group, a construction-focused service provider with dedicated integrated companies, has used the graphene-enhanced concrete developed by Concretene, a wholly-owned subsidiary, in a residential development in Salisbury, 150 km west of London, England.

Mason Graphite has announced the launch of Black Swan Graphene Inc., and the execution of a Definitive Agreement pursuant to which Mason Graphite has agreed, through Black Swan Graphene, to purchase strategic assets related to a patented graphene processing technology from Thomas Swan, a leading UK-based specialty chemical company.

On closing of the joint-venture Transaction, Mason Graphite and Thomas Swan will own respectively 66.67% and 33.33% of Black Swan Graphene, which is expected to proceed to a going-public transaction in the coming months.