Black Swan Graphene Bolsters Technical and Product Development Capabilities with Appointment of Seasoned Graphene Professional as Vice-President Research and Product Development

Rhea-AI Summary

Black Swan Graphene Inc. has appointed Dr. Chris Herron as Vice-President of Research and Product Development, effective April 13, 2023. Dr. Herron brings over 10 years of experience in the graphene industry and will play a key role in enhancing product performance through integrated supply chain partnerships with Nationwide Engineering Research & Development and Arup Group Ltd. His expertise is expected to advance Black Swan's commercialization initiatives, particularly in the polymer industry. The company aims to leverage its unique position in Québec's graphite industry to accelerate the global adoption of graphene-enhanced products, particularly focusing on constructing a robust supply chain.

Positive

• Appointment of Dr. Chris Herron strengthens leadership in product development.
• Dr. Herron's extensive experience could enhance commercial prospects.
• Strategic partnerships with Nationwide Engineering and Arup may accelerate product adoption.

Negative

• Concerns regarding continuity and potential experience gaps in leadership.

TORONTO, April 13, 2023 /PRNewswire/ - Black Swan Graphene Inc. ("Black Swan") (or the "Company") (TSXV: SWAN) (OTCQB: BSWGF) (Frankfurt: R96) is pleased to announce the appointment of Dr. Chris Herron as Vice-President Research and Product Development. In this leadership role, Dr. Herron will be instrumental in ensuring optimal product performance across the recently announced integrated supply chain partnerships aimed at accelerating the adoption of graphene-enhanced concrete globally. These partnerships include Nationwide Engineering Research & Development and Arup Group Ltd.

Dr.  Herron's expertise will also be central in driving the Company's overall commercialization initiatives, encompassing the polymer industry, with forthcoming updates anticipated from the Company in the near future.

Dr. Herron brings over 10 years of experience in the graphene industry, with a strong background in research, development, and applications. He holds a PhD in Chemistry from Durham University, United Kingdom, earned following a first-class honours Master's degree. After his post-doctoral research post at Durham University, Dr. Herron joined Applied Graphene Materials PLC, where he established the graphene characterisation laboratory, scaled up the dispersion process, and led numerous successful commercial customer projects.

Mr. Michael Edwards, Chief Operating Officer of Black Swan, commented: "In a rapidly emerging industry, such expertise is very scarce and we are honored to have Chris join our team, which speaks to the Company's product excellence, technical expertise, and commercially driven strategy. His addition strengthens our research and product development capabilities. On behalf of everyone, I would like to warmly welcome Chris to Black Swan."

About Black Swan Graphene Inc.

Black Swan is focused 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. Black Swan aims to leverage the low cost and green hydroelectricity of the province of Québec as well as the proximity of the province's emerging graphite industry in order to establish an integrated supply chain, reduce overall costs, and accelerate the deployment of graphene usage. On March 27, 2023, Black Swan, Nationwide Engineering Research and Development Ltd. ("NERD") and Arup Group Limited ("Arup") announced strategic partnerships, establishing a fully integrated supply chain and providing a turnkey solution for the construction and concrete industries. Arup is a multinational engineering consultancy headquartered in London, United Kingdom, with 18,000 experts working across 140 countries. Black Swan's graphene processing technology was developed by Thomas Swan & Co. Ltd ("Thomas Swan") over the last decade. Thomas Swan is a United Kingdom-based global chemicals manufacturer, with a century-long track record and has been at the forefront of graphene innovation.

For more information, please visit: www.blackswangraphene.com

Black Swan Graphene Inc. on behalf of the Board of Directors
Simon Marcotte, CFA, President & Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to the TSXV listing, risk related to the failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with the industry; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in development activities or the completion of feasibility studies; the uncertainty of profitability; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of a scoping and feasibility studies, and the possibility that future results will not be consistent with the Company's expectations; risks related to commodity prices fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances, except in accordance with applicable securities laws. Actual events or results could differ materially from the Company's expectations or projections.

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SOURCE Black Swan Graphene Inc

FAQ

What is the significance of Dr. Chris Herron's appointment to Black Swan Graphene Inc.?

Dr. Chris Herron's appointment is significant as it enhances the company's leadership in research and product development, crucial for advancing graphene's commercialization.

How will the new leadership impact Black Swan Graphene's future?

The new leadership is expected to bolster product performance and accelerate the adoption of graphene in industrial applications, particularly concrete.

What partnerships has Black Swan Graphene formed recently?

Black Swan has formed strategic partnerships with Nationwide Engineering Research & Development and Arup Group Ltd. to integrate their supply chains and promote graphene-enhanced products.

How experienced is Dr. Chris Herron in the graphene industry?

Dr. Chris Herron has over 10 years of experience in the graphene industry, contributing to various successful projects and advancements in product development.

What are the company's goals with graphene-enhanced products?

Black Swan aims to produce low-cost, high-performance graphene products for multiple industries, leveraging its position in Québec to enhance supply chain capabilities.