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home / news releases / GPHBF - G6 Materials Opens a New Base of Operations in California


GPHBF - G6 Materials Opens a New Base of Operations in California

(TheNewswire)



  • The new location will be adistribution center for the Company’s products

  • The Company has also engaged theservices of a California-based third-party logistics provider toincrease its distribution capacity

Ronkonkoma, New York, USA -TheNewswire – December 1, 2021 - G6 Materials Corp. (“G6” or the“Company”) (TSXV:GGG ) ( OTC:GPHBF), a leadingtechnology company developing innovative graphene-based solutions, ispleased to announce that its wholly owned subsidiary, GrapheneLaboratories, Inc. (“ GLI ”), is opening new location in Cerritos,California. The new location is a 3,895 square foot office andwarehouse facility located at 16220 Manning Way in Cerritos,California (the “ CaliforniaFacility ”).

Management’s plan is to use the California Facilityfor inventory management, distribution, sales, and marketing, whilethe 8,000 square foot New York facility will be used for expandedgraphene oxide production, chemicals manufacturing, materialsprocessing and research and development. The California Facility isalso expected to enable an improved set of import capabilities for theCompany for any raw materials or product components arriving fromAsia. The expansion of business operations to California issignificant as it will position the Company with facilities on boththe east and west coasts of North America, in the heart of the majorpopulation centers of the Tri-State Area and California,respectively.

The California Facility is strategically locatedapproximately 20 miles from the major ports of Los Angeles and LongBeach, and within 25 miles of three airports including Los AngelesInternational Airport, John Wayne Airport and Long Beach-DoughertyField Airport. It is also situated near the large distribution hub ofa major e-commerce retailer of G6’s products. The CaliforniaFacility represents a beachhead for the Company on the west coast ofthe United States as G6 endeavours to grow its overall wholesaledistribution network and strengthen its sales and marketing efforts.

The lease on the California Facility commences onJanuary 14, 2022, and is favourable to GLI with an initial term of oneyear and a renewable term that converts to a flexible month-to-monthbasis at the expiry of the initial term. The Company expects to embarkon hiring program to staff both of the New York and CaliforniaFacilities in the near future. Due to the rapid expected businessgrowth, management expects further infrastructure expansion after theexpiry of the lease term.

Additionally, GLI has engaged the services of a leadingthird-party logistics (“ 3PL ”) provider, also located in Greater LosAngeles Area, to increase its order fulfilment capabilities, expandoperational capacity, and maximize customer satisfaction. The 3PLcompany is expected to streamline GLI’s supply chain through itscomprehensive suite of warehousing, distribution, fulfillment, ande-commerce services, which will position G6 to be able to handle asignificant increase in order volume for its graphene-enhancedsolutions and other products.

Management Commentary

“Establishing an office and warehouse facility insouthern California is an exciting and important step in G6’sgrowth. Having facilities on both coasts is very strategic for theCompany, while being located near thedistribution hub of our largest e-commerce partner is also critical toour supply chain and overall success,” said Daniel Stolyarov,President & CEO of G6 Materials Corp. “Leasing the CaliforniaFacility is yet another significant advancement for the Companylately, and I am grateful to the GLI team for identifying and securingit on favourable terms. I am optimistic that 2022 will be G6’sstrongest yet, as our employees, advisors, commercial relationships,product pipeline and IP portfolio all continue to improve and shapethe Company for the better,” added Mr. Stolyarov.

About G6 Materials Corp.

G6 Materials Corp. is a technology company creatingvalue through the development of innovative graphene-based solutions.Graphene Laboratories Inc., a wholly owned subsidiary of G6, sells arange of graphene-based products and other materials, including butnot limited to conductive epoxies, high-performance composites, andR&D materials, with numerous customers from among the Fortune 500list of companies, as well as NASA and leading universities. GrapheneLaboratories Inc. is developing other innovative products includinggraphene-enhanced air purifiers and it plans to enter the globalfiltration market once all testing is complete and applicablegovernment approvals are received.

G6 has identified new graphene-based applications toaccelerate growth into the future. Accordingly, the Company has avaluable IP portfolio currently comprised of 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:

  • Conductive Epoxies: Adhesive materials distributedunder the G6-EpoxyTM trade name and can be purchased at 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 statements within the meaning of the applicable securitieslegislation that is based on expectations, estimates and projectionsas at the date of this news release. By theirnature, 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 and potential commercialization thereof);information about the potential for the Company’s long-term growth;the business goals and objectives of the Company, and otherforward-looking information concerning the intentions, plans andfuture actions of the parties to the transactions described herein andthe 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-looking information is not a guarantee of futureperformance and accordingly undue reliance should not be put on suchinformation due to the inherent 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 thegraphene-enhanced air purifier as 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 results of thetests being performed by an independent laboratory may beunsatisfactory and prevent the company from receiving governmentapprovals and accreditations; 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 bylaw.

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

Investor Inquiries

Telephone: (631) 405-5113

Email: info@g6-materials.com

Telephone: (631) 405-5114

Email: investors@ g6-materials.com

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

SOURCE: G6 Materials Corp.

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

Copyright (c) 2021 TheNewswire - All rights reserved.

Stock Information

Company Name: Graphene 3D Lab
Stock Symbol: GPHBF
Market: OTC
Website: g6-materials.com

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