GGG:CC - G6 Materials Enters into Strategic Partnership Agreement to Collaborate on Production with MADE Advanced Materials
(TheNewswire)
The Company’s Wholly OwnedSubsidiary, Graphene Laboratories Inc., Also Expects to JointlyDevelop Intellectual Property With MADE Pursuant to the Terms of theSPA and an IP Ownership Agreement
Ronkonkoma, New York, USA -TheNewswire – December 6, 2022 - G6 Materials Corp. (“G6” or the“Company”) (TSXV:GGG ) , ( OTC:GPHBF), a high-tech company withexpertise in advanced materials and developing innovative compositesfor a wide range of industrial uses, announces that its wholly ownedsubsidiary, Graphene Laboratories Inc. (“ GLI ”), has enteredinto a Strategic Partnership Agreement (the “ SPA ” or the“ Agreement ”) with Singapore-based MADE Advance Materials PTE LTD.(“ MADE ”). The Agreement encapsulates the collaboration betweenGLI and MADE which is focused on production collaboration and thepotential joint development of intellectual property (“ Joint IP ”).
The key terms of the Agreement include but are notlimited to:
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MADE and GLI intend to explore the possibility of usingthe fibre composites with graphene-enhanced resin (the Collaborative Project ”) as necessary to meet specific terms provided by thethird-party client (the “ Client ”);
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The Collaborative Project shall include three stages– the Development Stage, the Prototype Manufacturing Stage and theProduction Stage;
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GLI and MADE agree to share the profits of theCollaborative Project and possible future projects;
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GLI and MADE will each cover its own expenses duringthe development and manufacturing stages of the Collaborative Projectand possible future projects;
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GLI is to provide MADE with advanced materials enhancedwith graphene; and
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MADE, based on its extensive experience withmanufacturing methods including resin transfer moulding, willincorporate this method when working with G6 and GLI.
GLI and MADE have also signed a Joint IntellectualProperty Ownership Agreement (the “ Joint IP Agreement ”) in conjunction with the SPA. All intellectual propertythat is mutually made, developed, conceived, first reduced topractice, fixed in any tangible means of expression, or created byMADE and GLI during the term of the Agreement will be considered to beJoint IP. The Joint IP Agreement outlines the specific details inrelation to any Joint IP created throughout the Agreement as well asthe terms that would survive the Agreement once concluded.
GLI and MADE each bring unique value to the arrangementincluding, but not limited to:
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GLI has expertise in developing formulations of resinsenhanced with graphene nanoplatelets and reduced graphene oxide;and
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MADE has expertise in manufacturing components andstructures out of glass and carbon fibre composites using advancedmanufacturing methods such as wet layout and resin transfer mouldingoptimized for utilization of the graphene-enhanced resins.
The Company’s Co-CEOs are among the founders of MADE.Currently, Elena Polyakova, Co-CEO of G6, holds a minor ownershipposition in MADE. However, MADE operates independently of G6 andneither of G6’s Co-CEOs are involved in the management ofMADE.
Management Commentary
“The Strategic Partnership agreement presents a greatopportunity for G6 and its employees, shareholders and stakeholders.The combination of MADE’s capabilities with our graphene-basedexpertise could very well yield some interesting results for theCollaborative Project and other future projects,” said Dr. DanielStolyarov, President & Co-CEO of G6 Materials Corp. “We areexcited to work with the MADE team throughout the term of theStrategic Partnership Agreement, as well as under the terms of theJoint IP Agreement, with the goal of developing innovative productionsolutions and valuable intellectual property. I would like to commendthe MADE team on their professionalism and look forward tocollaborating with them long into the future. We will provide ourshareholders with an update about new commercial opportunities evolvedfrom this very important partnership,” added Dr. Stolyarov.
“We are very excited to sign the SPA with GrapheneLaboratories. It is an important milestone in our long-lastingpartnership,” said Michel Goedegebuure, CEO of MADE. “Thecombination of our proprietary manufacturing method withgraphene-enhanced formulations developed by our partner is a synergythat will allow us to create novel products and find new customers andoffer them this that ground-breaking technology to provide them with asolution they desperately need to achieve their business goals,”added Mr. Goedegebuure.
About MADE
MADE is a company that aims to introduce a new way ofdevelopment in the next generation of graphene/fibre-reinforcedcomposite materials. The team at MADE consists of expert scientists,business professionals and engineers who work together to createnext-generation materials for high-end applications. 1 MADE workswithin the automotive, marine, and lifestyle industries and offers thefollowing guidance and services to clients:
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Helps clients to find the best way to extract the valuefrom advanced nanomaterials;
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Performs testing and quality assurance;
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Provides turn-key solutions in the field of materialdesign; and
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Determines the shortest route to commercialization fora range of innovative products, based on the client’sneeds.
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 air filtration market withBreathe + , a line of medical grade HEPA air filtration productsenhanced with advanced performance 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 isequipped with advanced analytical and material processingequipment.
The Company’s e-commerce websites are listedbelow:
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Breathe : Medical grade HEPA airfiltration enhanced with advanced performance graphene material, formore information, visit www.breatheplus.tech
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Conductive Epoxies: Adhesive materials distributedunder the G6-Epoxy TM trade name and can be purchasedat www.g6-epoxy.com
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D Materials: Graphene Laboratories Inc. currentlyoffers over 100 graphene and related products available at www.graphene-supermarket.com
Contact Details:
Commercial Inquiries:
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 .
This news release containsforward-looking statements within the meaning of the applicablesecurities legislation that is based on expectations, estimates andprojections as at the date of this news release. By their nature,forward-looking statements involve known and unknown risks,uncertainties and other factors which may cause actual results,performance or achievements, or other future events, to be materiallydifferent from any future results, performance or achievementsexpressed or implied by such forward-looking statements.“Forward-looking information” in this news release includes but isnot limited to information about the graphene-enhanced air purifier(including efficacy, potential commercialization and patent pendingthereof); information about the potential for the Company’slong-term growth; the business goals and objectives of the Company,and other forward-looking information concerning the intentions, plansand future actions of the parties to the transactions described hereinand the terms thereon.
The forward-looking information inthis news release reflects the current expectations, assumptionsand/or beliefs of the Company based on information currently availableto the Company. Although the Company believes that the assumptionsinherent in the forward-looking information are reasonable,forward-looking information is not a guarantee of future performance and accordingly undue relianceshould not be put on such information due to the inherent uncertaintytherein.
Risk factors that could cause actualresults to differ materially include, but are not limited to, the riskthat actual results in commercial applications of thegraphene-enhanced air purifier may differ significantly from the TestResults; the Test Results may not be accepted by applicable regulatoryagencies required to approve commercialization of thegraphene-enhanced air purifier; the Company may not receive requiredapprovals from regulatory agencies to commercialize thegraphene-enhanced air purifier; the Company may not achieve furtherstages 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 AdvancedAntimicrobial Graphene Air Filtration System as currently anticipated,or at all; risks associated with adoption by industries ofgraphene-based products health and environmental factors affectingadoption of these technologies; the company may fail to obtainappropriate government approvals or accreditation related to thebusiness’ operations and technological processes; the marketconditions and demand for its product as well as the market prices ofsuch products being developed by the company may change over time;reliance on key personnel; the potential for conflicts of interestamong certain officers, directors or promoters with certain otherprojects; competition; dilution; and the volatility of our commonshare price and volume.
The Company undertakes no obligationto revise or update any forward-looking information other than asrequired by law.
Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
Endnotes
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“Home”, MADE Advanced Materials, 2022 , https://madeadvancedmaterials.com/index.html
SOURCE: G6Materials Corp.
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