slicknick617
11 months ago
NEWS OF AN OFFERING : The Proceeds of the Offering are Expected to be Used Primarily for Expanding Revenue, Commercializing R&D, Investor Relations Services, as well as for General Working Capital Purposes
Ronkonkoma, New York, USA – TheNewswire – December 14, 2023 – G6 Materials Corp. (“G6” or the “Company”) (TSXV: GGG, OTCQB: GPHBF),
a high-tech company with expertise in advanced materials and developing innovative composites for a wide range of industrial uses, announces a proposed non-brokered equity financing to raise up to $1,000,000 through the offering of up to 10,000,000 units (the “Units”) at a price of $0.10 per Unit (the “Offering”). Each Unit is comprised of one (1) common share in the capital of the Company (each a “Share”) and one (1) common share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder thereof to purchase one (1) additional Share of the Company at an exercise price of $0.25 for a period of three (3) years from the closing date of the Offering.
All securities issued pursuant to the Offering will be subject to a statutory hold period of four months plus a day from issuance in accordance with applicable securities laws. Closing of the Offering is subject to receipt of all necessary regulatory approvals.
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the 1933 Act and applicable state securities requirements or pursuant to exemptions therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
Offering Highlights
Up to $1,000,000 via a non-brokered equity financing;
Units being offered at a price of $0.10 per unit;
Each Unit consists of one (1) Share and one (1) Warrant. Each Warrant will entitle the holder to purchase one (1) additional Share at an exercise price of $0.25 for a period of 3 years from the closing date of the Offering;
Proceeds of the Offering are expected to be used primarily for expanding revenue, commercializing R&D, investor relations services, as well as general working capital purposes;
Finder’s fees may be payable on a portion of the financing;
Subject to a statutory hold period of four months plus a day from issuance; and
Can be upsized at the Company’s sole discretion at any time prior to closing.
playofthedivine
4 years ago
Graphene oxide assists in purifying water without chlorination
Scientists from the National University of Science and Technology "MISIS" together with their colleagues from Derzhavin Tambov State University and Saratov Chernyshevsky State University have shown a way for graphene oxide to purify water, making it drinkable, without further chlorination. "Capturing" bacterial cells, it forms flakes that can be easily extracted from the water.
The team has conducted an experiment, injecting graphene oxide into solutions (nutrient medium and the saline) containing E.coli. Under the terms of the experiment, saline "simulated" water, and the nutrient medium simulated human body medium. The results showed that the graphene oxide along with the living and the destroyed bacteria form flakes inside the solutions. The resulting mass can be easily extracted, making water almost completely free of bacteria. If the extracted mass is then treated with ultrasound, the graphene can be separated and reused.
"As working solutions, we chose a nutrient medium for the cultivation of bacteria (it is the natural habitat of bacteria), as well as ordinary saline, which is used for injections. As a tested bacterial culture, E. coli modified with a luminescent agent was used to facilitate visualization of the experiments, said Aleksandr Gusev, one of the authors and Associate Professor of NUST MISIS Department of Functional Nanosystems and High-Temperature Materials.
Graphene oxide was added to the nutrient solution in different concentrations - 0.0025 g/l, 0, 025 g/l, 0.25 g/l and 2.5 g/l. As it turned out, even at a minimum concentration of graphene oxide in saline (water), the observed antibacterial effect was significantly higher than in the nutrient medium (human body). Scientists believe that this indicates not a mechanical, but a biochemical nature of the mechanism of action, that is, since there are far fewer nutrients in the saline solution, the bacteria moved more actively and was "captured" by the scales of graphene oxide more often.
According to the fluorescent test data, confirmed by laser confocal microscopy and scanning electron microscopy, at 2.5 g/l concentration of graphene oxide, the number of bacteria decreased several times compared to the control group and became close to zero.
While it is not yet known exactly how the further destruction of bacteria occurs, researchers believe that graphene oxide provokes the formation of free radicals that are harmful to bacteria.
According to scientists, if such a purification system is used for water, it will be possible to avoid additional chlorination. There are other advantages: decontamination with graphene oxide has a low cost, in addition, this technology is easy to scale to the format of large urban wastewater treatment plants.
playofthedivine
4 years ago
“ Graphene oxide, unlike other graphene-like materials, has an ability to be further modified by a variety of chemical moieties, offering unique solutions for applications in water purification, soil remediation and waste management. Consequently, the commercialization of graphene oxide is an area of high strategic importance for the Company due to the revolutionary implications of, and significant potential value that stands to be created from, its applications.”
Sounds like there are other applications G6 may be pursuing: water purification, soil remediation, And waste management
jefra1965
4 years ago
GX Technologies’ assets include but are not limited to a cooperative R&D agreement with the US Army Corps of Engineers to develop graphene oxide-based membranes for use in nanofiltration and an option to acquire an advanced industrial development site in Natchez, Mississippi to enable industrial-scale production;
PowerChem Campus Location Natchez, Mississippi Corporate Headquarters 32 N Main Street, Suite 100. Belmont, North Carolina 28012 (704) 461-8000.
The GX Technologies management team has raised over US$500,000,000 in equity funding from public markets, including US$63,000,000 raised on the Nasdaq in 2020;
Access to serious capital and the Nasdaq in the future...
Up to $5,000,000 via a non-brokered equity financing;
Units being offered at a price of $0.20 per unit;
Each unit consists of one common share of G6 and one-half of one warrant to purchase a common
share of G6 at a price of $0.30 for a period of 2 years from the closing date of the Offering;
Proceeds of the Offering are expected to be used primarily for the rapid expansion of a pilot facility to produce graphene oxide in Long Island, New York, to progress the cooperative R&D agreement
with the US Army Corps of Engineers as well as general working capital purposes;
jefra1965
4 years ago
$GPHBF Check the connection with the key people in GX Technologies.
Anastasios (Taso) Arima. Mr. Arima is a resource company executive with a strong history of identifying company-making resource projects. He was the founder of the Company's subsidiary Piedmont Lithium, Inc.
https://www.proactiveinvestors.com.au/companies/news/931832/piedmont-lithium-halted-as-it-plans-us-public-offering-931832.html
Piedmont Lithium Ltd (ASX:PLL) is in a trading halt as it proposes to raise funds by way of a US public offering of the company’s American Depositary Shares (ADSs)
Shares on the move
PLL has a market cap of approximately $508.3 million and shares last traded at 42 cents.
Shares have risen from 8.7 cents on September 9 to a new high of more than 17 years at 66 cents on October 8 on the back of improving lithium market fundamentals and a spodumene supply agreement with Tesla Inc (NASDAQ:TSLA) in late September.
Tesla agreement
The agreement is for an initial five-year term and covers spodumene concentrate from the company’s Piedmont project in North Carolina.
-----------------------------------------------------
What did GX Technologies see in G6 materials IP arsenal???
$GPHBF
When you look at the background of the GX-Tech leadership...its lithium and battery...
Gx is a subsidiary of PowerChem
powerchem seem to have ambitions in the battery market...
Graphene/Silver Conductive epoxies for all kinds of electronics including solar cells, batteries and other electronics ?
High volume graphene & GO production capabilities?
Graphene is a novel material with a variety of outstanding properties. It is currently available in the market at various grades, with performance characteristics such as mechanical strength and conductivity improving with fewer atomic layers. Graphene Labs’ patented manufacturing process provides proof-of-concept to allow for a low-energy, chemical-free manufacture that is designed to achieve a high-grade graphene material at a low expected cost for the industry.
The Company also currently has three US patents granted, three provisional patents and five patent applications filed. The patent applications and the granted patents cover technology for graphene manufacturing and applications as well as for non- graphene related technology.
jefra1965
4 years ago
Graphene is also a biotech material because is biocompatible and the body can get rid of it in weeks. So it's a perfect localized drug carrier
Stanford University, a G6 Materials client is developing a solution to get rid of coronary plaque. And it looks like it will be only a matter of time until they connect the dots.
The Company’s client list is comprised of more than 10,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM and Stanford University. The addition of GLI’s business and graphene product lines will complement and expand the Company’s existing business of research, development and production of polymer nanocomposite graphene-based filaments for fused filament fabrication in 3D printers.
More tech for electronics production
• Low Silver Load NS-Series Traditional silver-based epoxy materials require up to 80% weight load of silver fillers, and as a result tend to be costly, brittle and susceptible to mechanical failure. Our NS line of adhesives is formulated using our unique PATENT PENDING technology that requires lower silver content to be at par with leading silver-based epoxies in terms of electrical properties. This development not only decreases the cost of the material but also makes these materials less vulnerable to fracture, thus allowing for stronger adhesion to the target substrate.
https://img1.wsimg.com/blobby/go/1b1d3990-edb5-418c-8299-a7e33499042b/downloads/1ckckbgdl_550346.pdf
Now compare.
https://www.dycotecmaterials.com/products/silver-pastes/?gclid=EAIaIQobChMIlMvFo-a17wIVAr2GCh2u6gpYEAAYASAAEgIrPfD_BwE
jefra1965
4 years ago
What's to be gained with this acquisition?
1. Access to capital markets.
2. Access to the Nasdaq Capital Market in the near future. 1 - 2 yeas probably.
3. A successful sales & marketing partner.
"The GX Technologies management team has raised over US$500,000,000 in equity funding from public markets, including US$63,000,000 raised on the Nasdaq in 2020; "
4. New and important R&D projects:
"GX Technologies’ assets include but are not limited to a cooperative R&D agreement with the US Army Corps of Engineers to develop graphene oxide-based membranes for use in nano filtration"
5. The commercial phase ramp up of the company has being confirmed:
"Proceeds of the Offering are expected to be used primarily for the rapid expansion of a pilot facility to produce graphene oxide in Long Island, New York, to progress the cooperative R&D agreement with the US Army Corps of Engineer"
And 6. Possible production expansion:
"....and an option to acquire an advanced industrial development site in Natchez, Mississippi to enable industrial-scale production;"
jefra1965
4 years ago
A must read page
gx-technologies.com/
There are a couple things that G6 was missing and in need of. I think this is a great acquisition and that these companies compliment each other perfectly.
I only have 4+ years reading every file of Graphene 3D Lab/G6 Materials. Specially the financials. That's why I loaded up last November to full capacity.. Not to brag but to show how much I believe that the company is entering into a new commercial phase. Several legacy IP will be monetized in the short term. Planned production expansion and today's LOI seem to be the best indicators.
AGENCY: Department of the Army, U.S. Army Corps of Engineers, DOD.
ACTION: Notice of Intent.
SUMMARY: In accordance with 35 U.S.C. 209 and 37 CFR 404.7(a)(1)(i), the Department of the Army announces that, unless there is an objection, after 15 days it intends to grant a partially exclusive license to GX Technologies, LLC, for use of the U.S. Patent 10,414,659, Method of Recycling Chitosan and Graphene Oxide Compound, granted September 17, 2019.
Check the date: It should be fairly advanced. Commercial phase should be close. Within a year, my estimate.
G6 don't take on R&D projects they can not fulfill. Check the track record.
1. Singapore Marin, very alive and kicking.
2. Process for synthesis of trifluoroketones Patent Granted US 10,472,313
3. The Gilman Industries LLC collaboration was successful.
jefra1965
4 years ago
This is a new biotechnology being developed by Stanford University, a G6 materials old client. Only very high quality graphene can be used for this purpose. Graphene carbon nanotubes. Check the date of the video.
youtube.com/watch?v=TNfYzim...
The Company’s client list is comprised of more than 10,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM and Stanford University. The addition of GLI’s business and graphene product lines will complement and expand the Company’s existing business of research, development and production of polymer nanocomposite graphene-based filaments for fused filament fabrication in 3D printers.
News
Market Data
Register for real-time alerts, custom portfolio, and market movers
AJ Freely
1 year ago
abrooklyn
2 years ago
futrcash
2 years ago
AHayesC
2 years ago
nowwhat2
3 years ago
NanoEE
3 years ago
Zexcaliber
3 years ago
Luckypennyman
4 years ago
