Investing in public graphene stocks - Page 21

First Graphene will be developing and marketing a unique heating device using its PureGRAPH graphene, along with UK-based ZEBCO Heating. The parties have signed a joint development agreement (JDA) to develop the device, which is suitable for new installations or retrofitted into existing domestic and commercial heater systems.

ZEBCO has secured an initial $87,000 grant from Innovate UK’s Fast Start Innovation Fund to fund feasibility studies and develop a proof-of-concept unit within the next six months. The device is expected to deliver energy efficiency savings, reduce greenhouse gas emissions, and be an enabler to more resilient and secure domestic heating supply.

Talga Group has announced a fund raise of AUD$22 million (around USD $14,000,000). The raise was reportedly oversubscribed and was supported by a range of institutional investors. It will take Talga's pro forma cash position (before costs) at 30 September 2022 to A$27 million (around USD $17,255,000).

The Placement was jointly managed by Morgan Stanley Australia Securities Limited and Euroz Hartleys Limited, and supported by UK placing agent Longspur Capital Limited.

Haydale Graphene Industries has reported a widened pretax loss for the fiscal year of 2022, reflecting increased costs for sales, marketing, quality and production capability. Haydale's reported pretax loss was of GBP5.2 million ($5.9 million) for the year ended June 30, compared with a loss of GBP3.8 million (around $4.3 million) a year ago.

The Company's revenue totaled at GBP2.9 million ($3.3 million). This represents a robust performance given that fiscal 2021 revenue was mainly boosted by a pull forward of GBP1.2 million ($1.35 million) silicon carbide and a GBP400,000 ($451,000) one-time reactor sale, it added.

In August 2022, Graphene Manufacturing Group (GMG) announced its plan to acquire THERMAL-XR's IP and brand from OzKem. Now, GMG said it has completed this acquisition. GMG noted that OzKem developed the THERMAL-XR coating system products using GMG graphene together with OzKem's base Heating Venting and Air Conditioning (HVAC) coating.

GMG added that it now owns the THERMAL-XR brand, will buy the base coatings product from OzKem, and will manufacture the THERMAL-XR products containing GMG graphene.

Today we published a new edition of our Graphene Investment Guide, with all the latest information, including new companies that are now trading, and financial updates and news from all public graphene companies. In the last few months share price of almost all graphene companies dropped - as the financial markets faced a global decline. Our updated guide may help to navigate the current graphene financial markets turmoil!

The Graphene Investment Guide includes:

• An introduction to graphene
• An overview of graphene's most exciting applications
• An analysis of graphene's potential
• Market forecasts from leading analysts
• Detailed descriptions and financials of all public graphene companies
• Over 80 financial reports and company presentations (premium edition only)
• Graphene-Info's own investment thesis and action plan

Any technology-driven investor that wishes to stay current on the most promising new nanotechnology should look into this report. The report includes extensive data and information needed to launch a successful strategic graphene investment portfolio.

HydroGraph Clean Power has announced that it has closed a non-brokered private placement in which it has raised a sum of CAD$4,218,199.96 (almost USD$3,200,000).

HydroGraph will use the net proceeds of the fundraise to increase commercial scale ‎production, continue to invest in business development teams, and develop and advance ‎application partnerships.‎ In particular, the proceeds will provide capital to complete the build out of the Company’s modular commercial production cell for fractal graphene, its flagship product, that will produce 1 gram per second. Expected to be complete by 4Q 2022, the difference in output will reportedly be orders of magnitude higher than current production. The funding will also initiate the development of the reactive graphene commercial production unit with a 200 kg per day capacity—compared to previously 2-4 kg per day—to be complete in 2023.

Advanced Material Development (AMD) has announced further funding of its ChamEM signature management collaboration with the US Army from the Office of the Secretary of Defense (OSD).

The OSD funding comes from the Foreign Comparative Test (FCT) funding with a view to developing a high TRL solution.

Directa Plus announced that it is seeing a strong increase in sales and perfomrnace, and the company expects its full-year revenues to increase by more than 40% compared to last year (for which revenues reached 8.6 million Euro).

The company says that inflation increased its costs and reduced its margins, but the company invested in new manufacturing equipment which should deliver productivity gains and margin efficiencies in the second half of the year.

Novusterra, a U.S-based company focused on developing and commercializing high-value products and applications for graphene and carbon nanostructures, has announced that it has acquired the exclusive rights to patents for graphene and carbon nanostructure from American Resources Corporation in exchange for $16 million of Class A common Novusterra shares.

Andrew Weeraratne, CEO of Novusterra, commented, "We are excited to complete this transaction to drive fundamental value for our shareholders and build a world class team to help navigate the growth of the company in the future. The technologies are a gamechanger when it comes to the graphene and carbon nanostructure industry given the low-cost feed stock (waste carbon) that is utilized in the manufacturing process. Not only are we able to clean up the environment but also produce some of the highest quality products and applications in the world for the sustainable infrastructure and electrification industry".

NanoXplore has announced that it is to purchase a 'significant portion' of the assets of XG Sciences, in a sale conducted by XG’s senior secured creditor pursuant to Article 9 of Michigan’s enactment of the Uniform Commercial Code. NanoXplore and the senior creditor have entered into an asset purchase agreement pursuant to which NanoXplore is acquiring XG’s mechanical milling platform, research and development lab and all issued and pending patents and trademarks, among other items. The payment of this transaction is paid in cash without any share issuance. 

Founded in 2006, XG Sciences specialized in the production of graphene nanoplatelets and the formulations of advanced materials that amplify product performance across diverse applications such as Lithium-ion battery anode materials, automotive, packaging, composites, concrete, and other industrial markets. The Company ceased operations in July. While operating, the Company worked with leading companies such as Ford for noise reduction and light-weighting using graphene-enhanced PU foam as well as Callaway Golf Company for graphene-enhanced golf balls.