Black Swan Graphene Orders Next-Generation Production System to Triple Capacity to 140 Tonnes

Rhea-AI Summary

Black Swan Graphene (BSWGF) has ordered a next-generation production unit that will significantly expand its graphene production capacity from 40 to 140 tonnes annually. The new GEA Ariete 3160 unit will be installed at the company's existing UK facility at Thomas Swan & Co. Ltd., leveraging current infrastructure to minimize costs and accelerate implementation. The expansion is driven by growing demand across various applications, including polymers, concrete, and advanced composites. The company has already launched seven Graphene Enhanced Masterbatch (GEM) polymer products and is developing concrete admixtures that can reduce cement usage and carbon emissions by up to 30%. The expansion is partially funded by recent equity financing, which also supported key personnel hiring. Additionally, Black Swan has engaged Equitrend Data for investor relations services in a three-month agreement worth CAD$300,000.

Positive

• Production capacity will more than triple from 40 to 140 tonnes annually, positioning the company among leading global graphene producers
• Expansion utilizes existing facility infrastructure, minimizing capital expenditure and installation time
• Company has successfully launched seven GEM polymer products and developed concrete admixtures that can reduce cement usage and emissions by 30%
• Growing demand and successful execution of commercial agreements across polymers, concrete, and advanced composites industries

Negative

• Significant capital expenditure required for new production unit and investor relations services
• Current production capacity of 40 tonnes may limit ability to meet immediate market demand until expansion is complete

Toronto, Ontario--(Newsfile Corp. - June 3, 2025) - Black Swan Graphene Inc. (TSXV: SWAN) (OTCQX: BSWGF) (FSE: R960) ("Black Swan" or the "Company") is pleased to announce that it has ordered its next-generation production unit, a significant milestone in the Company's industrial scale-up strategy and a key element of its broader effort to position itself as a global leader in graphene-enhanced materials.

The Company currently has the capacity to produce up to 40 tonnes of high-quality graphene annually. As part of its growth initiative, the Company is undertaking a significant expansion that will increase its production capacity to 140 tonnes per annum, more than tripling its current capacity. This scale-up will position the Company among the leading graphene producers globally.

The additional production unit will be installed within the Company's existing operational facility located at Thomas Swan & Co. Ltd. ("Thomas Swan") in the UK. This site already comprises a well-established infrastructure, with power and other essential utilities required for expansion. By leveraging the existing site and utilities at the Thomas Swan facility, the Company will be able to minimize capital expenditure, reduce lead times for installation, and accelerate the path to increased commercial output.

This expansion reflects the growing demand for graphene across a range of applications, including composite materials, plastics and coatings. The increased production capacity will not only support existing customer relationships but also enable the Company to meet the requirements of new strategic partners seeking reliable and scalable graphene supply.

Simon Marcotte President and Chief Executive Officer, commented: "This expansion marks a pivotal milestone in our evolution; it is not just an increase in production capacity, but another step toward industrial scale. As demand for our products increases and several customer development programs are advancing, this investment positions us to meet both current and future market needs with confidence."

Existing Facility

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Graphene products

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New Equipment

The GEA Ariete 3160 unit (the "3160") is currently well advanced in its design, engineering and tailored to Black Swan's proprietary specifications. In collaboration with technology partner GEA, a global leader in high-pressure homogenization systems, the equipment is expected to be completed and installed in the short term at the Company's facility in Consett, United Kingdom, marking a pivotal step toward increasing production capacity from the current 40 tonnes annually to an impressive 140 tonnes per year.

The enhanced capacity is being driven by the successful execution of commercial agreements and strategic partnerships across the polymers, concrete, and advanced composites industries, and by an expanding sales pipeline. The new system will not only meet this growing demand but will also maintain critical spare capacity needed to advance customer-tailored development programs, which are instrumental in driving product adoption and long-term revenue growth.

The 3160 is a modular, scalable high-pressure homogenizer designed to handle the production of graphene nanoplatelets at industrial scale. Its development leverages the strong collaboration between Black Swan and GEA, which began over a decade ago. This partnership has produced a robust, proprietary exfoliation process capable of producing high-quality graphene products cost-effectively and reliably - a critical factor in unlocking large-volume applications for this transformational material.

This investment is funded in part by proceeds from the Company's recent equity financing. In addition to the equipment purchase, the funds supported the hiring of key sales and operations personnel, expanding Black Swan's ability to serve clients globally and to deepen commercial engagement.

Michael Edwards, Chief Operating Officer, commented: "Graphene-enhanced materials are moving from promise to deployment, and Black Swan is at the center of that transition. With our Graphene Enhanced Masterbatch™ ("GEM") polymer products now in commercial rollout and our concrete admixtures showing clear sustainability gains, our ability to deliver consistently and at scale is what sets us apart."

Black Swan has already launched seven GEM polymer products, which are being well received by the market, and the concrete admixtures, developed in partnership with Concretene and The University of Manchester's GEIC, are positioned to reduce cement usage and carbon emissions by up to 30%. The new 3160 system will ensure that this growing product portfolio can be delivered at scale and with the consistency demanded by global clients.

Corporate Matters

Black Swan is also pleased to announce that it has entered into an investor relations agreement (the "Agreement") with Equitrend Data Inc. ("Equitrend"), pursuant to which Equitrend will provide investor relations and communications services to the Company in accordance with TSXV policies and subject to the approval of the TSXV.

Under the terms of the Agreement, Equitrend will receive total consideration of CAD$300,000 over a three-month period, payable in monthly installments of $100,000 or until the budget is fully expended. The Company may elect to extend the Agreement for an additional three months, under which Equitrend would receive an additional budget of CAD$300,000, payable in monthly installments of $100,000 or until the budget is fully expended.

Pursuant to the Agreement, Equitrend has received a grant of stock options exercisable to purchase 150,000 common shares in the Company ("Common Shares") at a price of $1.00 per share for a period of 5 years (the "Consultant Options"). The Consultant Options vest as to 25% three months from the date of grant and 25% every three months thereafter.

Equitrend's services will include retail investor outreach, Pay-Per-Click campaign development, social media and email marketing, the creation of landing pages, online banner and native advertisements, and other related investor relations activities. These campaigns may be conducted on platforms such as Instagram, Facebook, YouTube, or other digital channels.

The principal of Equitrend is Sam Khabbazian and the company is based in Vancouver, BC, Canada , Email: info@equitrend-data.com, Phone: +1 (888) 269-4724. Neither Mr. Khabbazian nor Equitrend currently have any interest, directly or indirectly in the Company or its securities.

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 volume driven industrial sectors, including concrete, polymers, and others. Black Swan's graphene processing technology was developed by Thomas Swan and 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 a reputation for being at the forefront of advanced materials and graphene innovation. Since 2024, Black Swan has launched seven commercially available Graphene Enhanced Masterbatch^TM ("GEM") polymer products which are currently being tested by several international clients.

More information is available at: www.blackswangraphene.com.

For more information please contact:

Paul Hardy, Vice President - Corporate Development
phardy@blackswangraphene.com
+1 (416) 844-7365

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 Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. All statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation: statements with respect to the expectations of management regarding the Offering; the expectations of management regarding the use of proceeds of the Offering; and the closing of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will support the business of the Company as well as in relation to the Offering and Closing thereof. Other factors may also adversely affect the future results or performance of the Company, including general economic, market or business conditions, changes in the financial markets and in the demand for graphene and graphene products, changes in laws, regulations and policies affecting the graphene industry. The ongoing labour shortages, inflationary pressures, fluctuations in interest rates, the global financial climate and geopolitical conflicts in various regions, including Ukraine and the Middle East, are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company's operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.

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FAQ

What is Black Swan Graphene's (BSWGF) new production capacity after the expansion?

Black Swan Graphene's production capacity will increase from 40 to 140 tonnes annually after installing the new GEA Ariete 3160 unit.

Where will Black Swan Graphene's new production unit be installed?

The new production unit will be installed at the company's existing operational facility at Thomas Swan & Co. Ltd. in the UK.

What are the main applications for Black Swan Graphene's products?

The company's graphene products are used in composite materials, plastics, coatings, and concrete admixtures, with their GEM polymer products and concrete solutions showing significant market potential.

How much did Black Swan Graphene agree to pay Equitrend for investor relations services?

Black Swan agreed to pay Equitrend CAD$300,000 over a three-month period, with an option to extend for an additional three months for another CAD$300,000.

What is the environmental impact of Black Swan Graphene's concrete admixtures?

The company's concrete admixtures, developed with Concretene and The University of Manchester's GEIC, can reduce cement usage and carbon emissions by up to 30%.