GGG:CC - G6 Materials Announces Share Consolidation

(TheNewswire)

The Company’s Shares are Expectedto Begin Trading on a Post-Consolidation Basis on the TSX-V on orAbout July 12, 2023

Ronkonkoma, New York, USA -TheNewswire – July 7, 2023 - G6 Materials Corp. (“G6” or the“Company”) (TSXV:GGG ) , ( OTC:GPHBF), a high-tech company with expertisein advanced materials and developing innovative composites for a widerange of industrial uses, announces that further to its new releasedated June 27, 2023, it has received TSX Venture Exchange(“ TSX-V ”) approval to consolidate all of the Company’s issuedand outstanding common shares (the “ Shares ”) on thebasis of one (1) post-Consolidation Share for every ten (10)pre-Consolidation Shares (the “ Consolidation ”). The Company's Shares willcontinue to trade on the TSX-V under its current symbol"GGG" and current name “G6 Materials Corp.”.

The effective date and trading of the Shares on apost-Consolidation basis on TSX-V is expected to be on or about July12, 2023. The new CUSIP number assigned to the Shares following theConsolidation will be 361333206 (ISIN: CA3613332061).

The Consolidation is expected to result in the numberof issued and outstanding Shares being reduced from 163,679,193pre-Consolidation Shares to approximately 16,367,919post-Consolidation Shares. The exercise or conversion price and thenumber of common shares issuable under any of G6’s outstandingconvertible securities will be proportionately adjusted upon thecompletion of the Consolidation.

No fractional Shares will be issued as a result of theConsolidation. Any fractions of a Share less than one half will berounded down to the nearest whole number of Shares. Any fractions ofat least one half will be rounded up to the nearest whole Share. Nocash consideration will be paid in respect of fraction shares.

Shareholders of record as at the Record Date willreceive a letter of transmittal providing instructions for theexchange of existing share certificate(s) evidencing pre-consolidationShares for new share certificate(s) representing the number ofpost-consolidation Shares to which they are entitled, as soon aspracticable following Record Date.

Pursuant to the provisions of the Business CorporationsAct (British Columbia) and the Articles of the Company, theConsolidation was approved by way of resolutions passed by the boardof directors of the Company.

About G6 Materials Corp.

G6 Materials Corp. is a high-tech company withexpertise in advanced materials that creates value developinginnovative composites for a wide range of industrial uses. GrapheneLaboratories Inc., a wholly owned subsidiary of G6, sells a range ofgraphene-based products and other materials, including but not limitedto conductive epoxies, high-performance composites, and R&Dmaterials, with numerous customers from among the Fortune 500 list ofcompanies, as well as NASA and leading universities. GrapheneLaboratories Inc. has entered the global airfiltration market with Breathe + , a line ofmedical-grade HEPA air filtration products enhanced with advancedperformance graphene material.

G6 has identified new graphene-based applications toaccelerate growth into the future. Accordingly, the Company has avaluable IP portfolio currently comprising five granted patents. TheCompany’s management team and employees have a deep understanding ofgraphene technology based on decades of aggregate academic andcommercial experience. Graphene Laboratories Inc., a wholly ownedsubsidiary of G6 located in Ronkonkoma, New York, has established itspremium research laboratory and scalable production facility equippedwith advanced analytical and material processing equipment.

The Company’s e-commerce websites are listedbelow:

• Breathe : Medical-grade HEPA airfiltration enhanced with advanced performance graphene material, formore information, visit www.breatheplus.tech

• Conductive Epoxies: Adhesive materials distributedunder the G6-Epoxy TM trade name and can be purchasedat www.g6-epoxy.com

• D Materials: Graphene Laboratories Inc. currentlyoffers over 100 graphene and related products available at www.graphene-supermarket.com

Forward-Looking Information

This news release contains forward-looking statementswithin the meaning of the applicable securities legislation that isbased on expectations, estimates and projections as at the date ofthis news release. By their nature, forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause actual results, performance or achievements, or other futureevents, to be materially different from any future results,performance or achievements expressed or implied by suchforward-looking statements. “Forward-looking information” in thisnews release includes but is not limited to information about thegraphene-enhanced air purifier (including efficacy, potentialcommercialization and patent pending thereof); information about thepotential for the Company’s long-term growth; the business goals andobjectives of the Company, and other forward-looking informationconcerning the intentions, plans and future actions of the parties tothe transactions described herein and the terms thereon.

The forward-looking information in this news releasereflects the current expectations, assumptions and/or beliefs of theCompany based on information currently available to the Company.Although the Company believes that the assumptions inherent in theforward-looking information are reasonable, forward-lookinginformation is not a guarantee of future performance and accordinglyundue reliance should not be put on such information due to theinherent uncertainty therein.

Risk factors that could cause actual results to differmaterially include, but are not limited to, the risk that actualresults in commercial applications of the graphene-enhanced airpurifier may differ significantly from the Test Results; the TestResults may not be accepted by applicable regulatory agencies requiredto approve commercialization of the graphene-enhanced air purifier;the Company may not receive required approvals from regulatoryagencies to commercialize the graphene-enhanced air purifier; theCompany may not achieve further stages of commercialization of the graphene-enhanced air purifier asanticipated, or at all; the Company patent pending (US20210346831A1)may not be granted; the Company may not achieve anticipated commercialgains or profitability from the sale of Breathe + Pro Advanced Antimicrobial Graphene AirFiltration System as currently anticipated, or at all; risksassociated with adoption by industries of graphene-based productshealth and environmental factors affecting adoption of thesetechnologies; the company may fail to obtain appropriate governmentapprovals or accreditation related to the business’ operations andtechnological processes; the market conditions and demand for itsproduct as well as the market prices of such products being developedby the company may change over time; reliance on key personnel; thepotential for conflicts of interest among certain officers, directorsor promoters with certain other projects; competition; dilution; andthe volatility of our common share price and volume.

The Company undertakes no obligation to revise orupdate any forward-looking information other than as required by law.

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

Commercial Inquiries

Daniel Stolyarov, President & Co-CEO

Telephone: (631) 405-5113

Email: info@g6-materials.com

Investor Inquiries

Nick Kuzyk, Investor Relations

Telephone: 1-(866)-324-4244

Email: investors@g6-materials.com

ON BEHALF OF THE BOARD:  Daniel Stolyarov, President& Co-CEO

For more information on G6 Materials Corp., pleasevisit www.G6-Materials.com or its profile page on SEDAR at www.sedar.com .

SOURCE: G6 Materials Corp.

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