Nano One Recognized with TSX Venture Top 50 Award
February 23 2017 - 10:02AM
Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB)
(OTCBB:NNOMF), today announced an award from the TSX Venture 50
recognizing Nano One for outstanding market performance in 2016.
“We are proud to have been recognized as one of the top 10
performing Clean Technology and Life Sciences companies on the TSX
Venture Exchange,” said Mr. Blondal. “2016 was a busy year with
financing, government support and the launch of our piloting
program. The TSX venture 50 award is an affirmation of our team,
our technology and the strong market support of our value
proposition.”
Nano One saw its share price increase by 80% and its market
capitalization grow by 141% in 2016. Mr. Blondal added, “We are
also pleased to report that Nano One has carried that momentum into
2017 with a 50% share price increase year-to-date.” Nano One is
featured in a TSX Venture 50 video at https://goo.gl/B4x49C.
“Our patented technology widens the range of raw materials
suited for lithium ion batteries and we will soon be in a position
to demonstrate this in our pilot plant. With looming lithium and
cobalt supply constraints, we believe we could draw serious
attention from the battery supply chain in 2017.”
Nano One Materials Corp.
Dan Blondal, CEO
For information with respect to Nano One or the contents of this
news release, please contact John Lando (President) at (604)
669-2701 or visit the website
at www.nanoone.ca.
About Nano One
Nano One Materials Corp (“Nano One” or “the Company”) is
developing patented technology for the low-cost production of high
performance battery materials used in electric vehicles, energy
storage and consumer electronics. The processing technology
addresses fundamental supply chain constraints by enabling wider
raw materials specifications for use in lithium ion batteries. The
process can be configured for a range of different nanostructured
materials and has the flexibility to shift with emerging and future
battery market trends and a diverse range of other growth
opportunities. The novel three-stage process uses equipment common
to industry and Nano One is building a pilot plant to demonstrate
high volume production. Nano One’s mission is to establish its
patented technology as a leading platform for the global production
of a new generation of nanostructured composite materials. For more
information, please visit www.nanoone.ca
About TSX Venture 50
The TSX Venture 50 is a ranking of top performers on TSX Venture
Exchange. The ranking is comprised of 10 companies from each of the
five industry sectors, and they are selected based on three equally
weighted criteria: market capitalization growth, share price
appreciation and trading volume. www.tsxventure50.com
Certain information contained herein may constitute
“forward-looking information” under Canadian securities
legislation. Forward-looking information includes, but is not
limited to, statements with respect to the actual receipt of the
grant monies, the execution of the Company’s plans which are
contingent on the receipt of such monies and the commercialization
of the Company’s technology and patents. Generally, forward-looking
information can be identified by the use of forward-looking
terminology such as 'believe', 'expect', 'anticipate', 'plan',
'intend', 'continue', 'estimate', 'may', 'will', 'should',
'ongoing', or variations of such words and phrases or statements
that certain actions, events or results “will” occur.
Forward-looking statements are based on the opinions and estimates
of management as of the date such statements are made and they are
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance
or achievements of the Company to be materially different from
those expressed or implied by such forward-looking statements or
forward-looking information, including: the completion of final
documentation with SDTC and the receipt of all necessary regulatory
approvals. Although management of the Company has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements and forward-looking information. The Company does not
undertake to update any forward-looking statements or
forward-looking information that is incorporated by reference
herein, except as required by applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE
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