Brisbane, Queensland, Australia–(ACN Newswire – August 21, 2025) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) (“GMG” or the “Company“is pleased to reveal that as an outcome of strong financier need, the Company has actually increased the size of its formerly revealed “bought deal” public offering (the “Underwritten Offering“from gross earnings of around C$ 5,000,000 to gross earnings of roughly C$ 6,000,000. Pursuant to the upsized Underwritten Offering, Red Cloud Securities Inc. (“Red Cloud“as sole underwriter and bookrunner, has actually consented to acquire for resale 6,666,667 systems of the Company (each, a “Unit“at a cost of C$ 0.90 per Unit (the “Offering Price“.
Each Unit will include one typical share of the Company (each, a “Unit Share“and one typical share purchase warrant (each, a “Warrant“. Each Warrant will entitle the holder to acquire one typical share of the Company (each, a “Warrant Share“at a cost of C$ 1.35 at any time on or before that date which is 36 months after the Closing Date (as herein specified).
The Company has actually given to the Underwriter a choice (the “Over-Allotment Option“and together with the Underwritten Offering, the “Offering“exercisable, in entire or in part, at any time for a duration of as much as 30 days after and consisting of the Closing Date, to acquire for resale the variety of extra Units equivalent to approximately 15% of the variety of Units offered pursuant to the Underwritten Offering at the Offering Price to cover over allocations, if any, and for market stabilization functions.
The net profits from the Offering will be utilized by the Company to money continuous operations consisting of, however not restricted to, business advancement, item advancement and working capital. In connection with the Offering, the Company plans to submit a prospectus supplement (the “Supplement“to the Company’s last brief type base rack prospectus dated March 7, 2025 (the “Shelf Prospectus“with the securities regulative authorities in each of the provinces and areas of Canada, other than Quebec. The Units might likewise be offered in the United States on a personal positioning basis pursuant to several exemptions from the registration requirements of the United States Securities Act of 1933, as modified (the “U.S. Securities Act“and in such other jurisdictions beyond Canada and the United States, in each case in accordance with all suitable laws supplied that no prospectus, registration declaration or comparable file is needed to be submitted in such jurisdiction, and offered the issuance of the Units (consisting of the underlying securities) is allowed under laws relevant to the Company (consisting of the Australian Corporations Act 2001 (Cth).
Copies of the Shelf Prospectus and the Supplement to be submitted in connection with the Offering, can be discovered on SEDAR+ at www.sedarplus.ca. The Shelf Prospectus includes, and the Supplement will include, crucial comprehensive details about the Company and the Offering. Potential financiers need to check out the Supplement, the Shelf Prospectus and the other files the Company has actually submitted on SEDAR+ at www.sedarplus.ca before making a financial investment choice.
The Offering is anticipated to close on or about September 3, 2025 (the “Closing Date“or on such date as concurred upon in between the Company and Red Cloud. The closing of the Offering goes through the Company getting all required regulative approvals, consisting of the approval of the TSX Venture Exchange to list, on the Closing Date, the typical shares of the Company issuable from the sale of Units in addition to upon the workout of the Warrants.
This news release is not a deal to offer or the solicitation of a deal to purchase the securities in the United States or in any jurisdiction in which such deal, solicitation or sale would be illegal previous to credentials or registration under the securities laws of such jurisdiction. The securities being used have actually not been, nor will they be, signed up under the U.S. Securities Act, and such securities might not be used or offered within the United States or to, or for the account or advantage of, U.S. individuals missing registration or a relevant exemption from U.S. registration requirements and appropriate U.S. state securities laws.
About GMG
GMG is an Australian-based clean-technology business, which establishes, makes and offers energy conserving and energy storage options, allowed by graphene produced by means of internal production procedure. GMG utilizes its own exclusive production procedure to decay gas (i.e. methane) into its natural components, carbon (as graphene), hydrogen and some recurring hydrocarbon gases. This procedure produces high quality, low-cost, scalable, ‘tuneable’ and low/no pollutant graphene ideal for usage in tidy innovation and other applications.
The Company’s present focus is to de-risk and establish industrial scale-up abilities, and safe and secure market applications. In the energy cost savings section, GMG has actually at first concentrated on graphene boosted heating, ventilation and a/c (“HVAC-R”finishing (or energy conserving finish), which is now being marketed into other applications, consisting of electronic heat sinks, commercial procedure plants and information centres. Another item GMG has actually established is the graphene lube additive concentrated on conserving liquid fuels at first for diesel motor.
In the energy storage section, GMG and the University of Queensland are working collaboratively with financial backing from the Australian Government to advance R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries“. GMG has actually likewise established a graphene additive slurry that is intended to enhance the efficiency of lithium ion batteries.
GMG’s 4 crucial service goals are:
- Produce Graphene and Improve/Scale Cell Production Processes
- Build Revenue from Energy Savings Products
- Establish Next-Generation Battery
- Establish Supply Chain, Partners & & Project Execution Capability
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is specified in the policies of the TSX Venture Exchange) accept obligation for the adequacy or precision of this press release.
Cautionary Note Regarding Forward-Looking Statements
This press release consists of particular declarations and details that might make up positive details within the significance of suitable Canadian securities laws. Positive declarations connect to future occasions or future efficiency and show the expectations or beliefs of management of the Company concerning future occasions. Typically, positive declarations and details can be recognized by the usage of positive terms such as “intends” “expects” or “anticipates”or variations of such words and expressions or declarations that particular actions, occasions or outcomes “may” “could” “should” “would” or will “potentially” or “likely” take place. This info and these declarations, described herein as “forward‐looking statements”are not historic realities, are made since the date of this press release and consist of without restriction, declarations relating to the anticipated size and regards to the Offering, the awaited timing of closing the Offering, the capability of the Company to please all conditions to closing the Offering, and the anticipated usage of profits from the Offering.
Such positive declarations are based upon a variety of presumptions of management, consisting of, without restriction, expectations and presumptions worrying business goals of the Company; the Company’s capability to perform present scheduled capital tasks, research study and advancement, production, production, sales and marketing programs for its graphene and graphene-enhanced items and options; that the Company will get the required regulative approvals for the Offering; utilize the earnings from the Offering as expected; the Company’s efficiency and basic service and financial conditions.
Furthermore, positive details includes a range of recognized and unidentified threats, unpredictabilities and other aspects which might trigger the real strategies, intents, activities, outcomes, efficiency or accomplishments of GMG to be materially various from any future strategies, objectives, activities, outcomes, efficiency or accomplishments revealed or indicated by such positive declarations. Such dangers consist of, without constraint: the danger that the Company is unable to utilize the earnings from the Offering as expected by management; the threat that the Company does not get the requisite regulative approvals for the Offering; general financial conditions; technical de-risking and market approval for the Company’s items and options; the intro of contending innovations or items; stock exchange volatility; ecological and regulative requirements; competitive pressures; modification in market conditions and other elements that might trigger the real outcomes, efficiency or accomplishments of the Company to vary materially from those revealed or indicated in these positive declarations; the volatility of worldwide capital markets; political instability; the failure of the Company to acquire regulative approvals, bring in and keep proficient workers; unforeseen advancement and production obstacles; unexpected expenses and the threat elements set out under the heading “Risk Factors” in the Company’s yearly info kind dated October 3, 2024 offered for evaluation on the Company’s profile at www.sedarplus.ca.
Management of the Company has actually tried to determine crucial aspects that might trigger real outcomes to vary materially from those included in positive declarations or positive details, there might be other aspects that trigger results not to be as prepared for, approximated or meant. There can be no guarantee that such declarations will show to be precise, as real outcomes and future occasions might vary materially from those prepared for in such declarations. Appropriately, readers ought to not put excessive reliance on positive declarations and positive details. Readers are warned that reliance on such info might not be proper for other functions. The Company does not carry out to upgrade any positive declaration, positive details or monetary outlook that are included by recommendation herein, other than in accordance with relevant securities laws.
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
To see the source variation of this news release, please check out https://www.newsfilecorp.com/release/263313
Subject: Press release summary