In June 2017 Group NanoXplore, a Montreal-based company specializing in the production and application of graphene and its derivative materials, announced that it will merge with Graniz Modal, a public company that trades in the Canadian stock exchange (TSX: GRA.H) - to become a public company.
NanoXplore has now completed the deal, and is now trading in the TSX Venture under the ticker CVE:GRA. NanoXplore has a market capitalization of $36.3 million CAD, and Mason Graphite now holds 25% of the company. As part of the reverse merger, NanoXplore raised $9.7 million CAD.
Posted: Sep 11,2017 by Ron Mertens
