Mason Graphite Inc. ("Mason Graphite" or the
“Company") (TSX.V: LLG; OTCQX: MGPHF) is pleased to announce that
graphene resulting from the patented process owned by Black Swan
Graphene Inc. (“Black Swan”), and produced by Black Swan’s
strategic shareholder Thomas Swan & Co., was recently used in
the concrete mix poured during the construction of a large
residential development in the United Kingdom. An accelerated video
of the construction is available below.
Nationwide Engineering Group, a construction
focused service provider with dedicated integrated companies, has
used the graphene-enhanced concrete developed by Concretene, a
whole owned subsidiary, in a £17.5M (CA$30.5M) residential
development in Salisbury, 150 km west of London, England.
Concrete is one of the most used substances on
earth and is directly responsible for more than 8% of global
greenhouse gases emissions. This graphene-enhanced concrete reduces
C02 emissions by 30%, reduces the overall costs by 20%, generally
eliminates the use of rebar reinforcement and, mainly because of
its resistance to water penetration, results in a longer lasting
concrete. The graphene-enhanced concrete developed by Concretene is
also currently being trialled in rail, air, road, marine,
residential, commercial, and civil engineering applications
throughout the United Kingdom by Nationwide Engineering Group.
More details on this specific construction,
along with the accelerated video display, can be found in the
Nationwide Engineering Group social media post at:
https://tinyurl.com/MasonGraphite.
Mr. Harry Swan, Director of Black Swan Graphene
and CEO of Thomas Swan & Co. Ltd., commented: “The use of our
graphene in the construction of a residential building speaks
volume to the suitability of our products for large scale
industrial applications. This is a very exciting moment as we
continue to work with several partners to prepare for large scale
commercialization of products in different industries, such as
polymers, Li-ion batteries, and several other sectors in addition
to concrete.”
Black Swan Graphene Inc. is a private company
jointly owned by Mason Graphite (66.7%) and Thomas Swan & Co.
(33.3%) focused on the large-scale production and commercialisation
of patented high-performance low-cost graphene products. Black Swan
is currently evaluating different strategic options and is expected
to proceed to a go-public transaction in a near future. For more
information on Black Swan Graphene, please see the press release
issued by Mason Graphite on July 26, 2021.
Accelerated Video of the
Construction
A Media Snippet accompanying this announcement
is available by clicking on the image or link below:
About Black Swan Graphene
Inc.
Black Swan Graphene Inc. is a Canadian private
company focusing on the large-scale production and
commercialization of patented high-performance and low-cost
graphene products aimed at several industrial sectors, including
concrete, polymers, Li-ion batteries, and others, which are
expected to require large volumes of graphene and, in turn, require
large volumes of graphite. Black Swan aims to leverage the low cost
and green hydroelectricity of the province of Quebec as well as the
proximity of the eventual production sites of Mason Graphite in
order to establish a fully integrated supply chain, reduce overall
costs, and accelerate the deployment of graphene usage.
About Thomas Swan & Co.
Limited
Founded in England in
1926, Thomas Swan & Co. Limited is a leading
independent manufacturer of performance and fine chemicals.
The company manufactures over 100 products, from kilogram to
multi-tonne quantities, and offers an experienced and flexible
custom manufacturing service. With offices and warehousing in the
United Kingdom, the United States and China, and a global network
of distributors, Thomas Swan exports to over 80 countries worldwide
and is well placed to service British and international
markets.
For more information: www.thomas-swan.co.uk
About Nationwide Engineering Group and
Concretene
Nationwide Engineering Group is a construction
focused service provider with dedicated integrated companies for
Building, Rail, Air, Energy and Professional Services providing
support from initial conception through to delivery and ongoing
long-term maintenance of all of these disciplines. Nationwide
Engineering Group prides itself on its established long-term
relationships with both private and public sector clients and
recognises the importance of working with a dedicated and trusted
supply chain and delivering quality and value for money through
understanding the complexities of the construction industry.
For more information on Concretene and
Nationwide Engineering Group, visit:
https://www.nationwideengineering.co.uk
About Mason Graphite
Inc.
Mason Graphite is a Canadian corporation
dedicated to the production and transformation of natural graphite.
Its strategy includes the development of value-added products,
notably for green technologies like transport electrification. The
Company also owns 100% of the rights to the Lac Guéret graphite
deposit, one of the richest in the world. The Company is managed by
an experienced team cumulating many decades of experience in
graphite, covering production, sales, as well as research and
development.
For more
information: www.masongraphite.com
Mason Graphite Inc. on behalf of the Board of
Directors:
“Peter Damouni”, Executive Director
Mason Graphite Inc.
Ana Rodrigues at info@masongraphite.com or
1 514 289-3580
Head Office: 3030, boulevard Le Carrefour, Suite
600, Laval, Québec, Canada, H7T 2P5
Cautionary Statements
This press release contains "forward-looking
information" within the meaning of Canadian securities legislation.
All information contained herein that is not clearly historical in
nature may constitute forward-looking information. Generally, such
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking
information is 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 information, including but not limited to: (i)
volatile stock price; (ii) the general global markets and economic
conditions; (iii) the possibility of write-downs and impairments;
(iv) the risk associated with exploration, development and
operations of mineral deposits; (v) the risk associated with
establishing title to mineral properties and assets; (vi) the risks
associated with entering into joint ventures; (vii) fluctuations in
commodity prices; (viii) the risks associated with uninsurable
risks arising during the course of exploration, development and
production; (ix) competition faced by the resulting issuer in
securing experienced personnel and financing; (x) access to
adequate infrastructure to support mining, processing, development
and exploration activities; (xi) the risks associated with changes
in the mining regulatory regime governing the resulting issuer;
(xii) the risks associated with the various environmental
regulations the resulting issuer is subject to; (xiii) risks
related to regulatory and permitting delays; (xiv) risks related to
potential conflicts of interest; (xv) the reliance on key
personnel; (xvi) liquidity risks; (xvii) the risk of potential
dilution through the issue of common shares; (xviii) the Company
does not anticipate declaring dividends in the near term; (xix) the
risk of litigation; and (xx) risk management.
Forward-looking information is based on
assumptions management believes to be reasonable at the time such
statements are made, including but not limited to, continued
exploration activities, no material adverse change in metal prices,
exploration and development plans proceeding in accordance with
plans and such plans achieving their stated expected outcomes,
receipt of required regulatory approvals, and such other
assumptions and factors as set out herein. Although the Company has
attempted to identify important factors that could cause actual
results to differ materially from those contained in the
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 forward-looking information will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such forward-looking
information. Such forward-looking information has been provided for
the purpose of assisting investors in understanding the Company's
business, operations and exploration plans and may not be
appropriate for other purposes. Accordingly, readers should not
place undue reliance on forward-looking information.
Forward-looking information is made as of the date of this press
release, and the Company does not undertake to update such
forward-looking information except in accordance with applicable
securities laws.
Neither 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 release.
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