Graphene Mfg Gro - GMGMF STOCK NEWS

Graphene Manufacturing Group (GMGMF) has announced breakthrough results for its G® Lubricant, a graphene-based additive for diesel and gasoline engines. Testing conducted over four years and verified by The University of Queensland shows the product can increase fuel efficiency by up to 8.4% in diesel engines.

The G® Lubricant uses a minimal graphene concentration of approximately 1:10,000 when mixed with engine oil, making it safe for all internal combustion engines. GMG plans to begin direct marketing to fleet owners starting in Australia from April 2025, with global expansion to follow.

Based on global diesel fuel sales of US$1.4 trillion annually, GMG estimates a potential market for G® Lubricant of US$1.2 billion per year, assuming pricing at 10% of realized fuel savings. The company is currently preparing packaging and marketing materials for commercial launch.

Graphene Manufacturing Group (GMGMF) has announced progress in the commercialization of THERMAL-XR®, their graphene-based coating for heat sinks in electronics. Third-party verified modeling shows that THERMAL-XR® coating can reduce heat sink size by up to 39% while maintaining equivalent thermal performance.

The coating demonstrates a 23% reduction in maximum temperature reached (62°C vs 80°C) compared to uncoated heat sinks of equal size. With projected global PCB production reaching 530 million square meters by 2030, and 5.2 billion units requiring heat sinks, the potential market for THERMAL-XR® could reach 26.5 million liters annually by 2030, assuming 0.1% market penetration.

GMG's THERMAL-XR® has been awarded 'Product of the Year' at the AIRAH 2024 Awards in Melbourne, Australia. The awards ceremony, which took place on November 21st, 2024, celebrates outstanding achievements in Australia's HVAC&R building services industry. Craig Nicol, GMG's Managing Director and CEO, expressed honor at the recognition, highlighting the company's commitment to advancing energy efficiency and sustainability in the HVAC industry.

Graphene Manufacturing Group (TSXV:GMG) (OTCQX: GMGMF) held its annual general meeting on November 25th, 2024, with 42.31% shareholder participation, representing 40,947,619 common shares. Shareholders re-elected four directors: Craig Nicol, Jack Perkowski, Bob Galyen, and Andrew Small. The meeting also approved BDO Audit Proprietary 's appointment and the company's 10% stock option plan. Chairman Jack Perkowski and CEO Craig Nicol provided a corporate update during the meeting, with a presentation replay available online.

GMG has launched SUPER G®, a revolutionary graphene slurry developed over three years to enhance lithium-ion battery performance. The product, derived from GMG's proprietary graphene production system, can be added to battery cathodes or anodes at 0.5-2% dosage by weight. Oxford University studies confirm SUPER G® shows 2.5 times lower mean ionic resistivity than standard graphite, features multimodal particle distribution, and maintains integrity during calendaring. Compared to standard carbon additives, SUPER G® offers 2-3 times higher bulk density (0.3-0.4 g/cm³) and triple the surface area (250 m²/g), improving battery efficiency, charge rates, and longevity.

Graphene Manufacturing Group (GMG) announces two significant milestones for its THERMAL-XR® coating product. The Singapore Green Building Council has certified THERMAL-XR as the first thermal air conditioning coating approved as a Singapore Green Building Product (SGBP) under the Mechanical - ACMV - Coil Coating category. This certification is recognized by regional green building rating tools and complies with ISO 14024 standards.

Additionally, GMG and Nu Calgon have submitted a Pre-Manufacture Notice (PMN) to the USA Environmental Protection Agency (EPA) to import and sell THERMAL-XR® in the USA, with expected approval within 12 months.

Graphene Manufacturing Group (TSXV: GMG) has received A$2.85m from the Australian Government's Research and Development Tax Incentive scheme, representing 43.5% of eligible R&D expenditures. As of November 1, 2024, the company's cash balance stands at A$5.56m with no debt. GMG has implemented significant organizational changes, including merging Projects and Operations teams and streamlining its manufacturing facilities. Through restructuring and cost management, the company has achieved a 45% reduction in monthly operating costs since September 2023. The company plans to utilize trusted third-party providers for project delivery while maintaining focus on its core business objectives.

Graphene Manufacturing Group (TSXV: GMG) announces its upcoming virtual Annual Meeting of shareholders (AGM) scheduled for November 26, 2024, at 8:00 a.m. Brisbane AEST (November 25, 2024, at 2:00 p.m. PST). Meeting materials are available on SEDAR+ and GMG's website. Shareholders can vote online, by telephone, or mail through Computershare before November 22, 2024 (AEST). The virtual AGM will be hosted at Lumi platform, requiring pre-registration for third-party appointees. Questions can be submitted in advance to AGM24@graphenemg.com.

GMG has announced significant progress in testing its THERMAL-XR® coating technology. The product has successfully passed 15,000 hours of corrosion protection under salt sea spray testing, positioning it as one of the longest-lasting corrosion protection coatings available. Technical testing verified by the University of Queensland demonstrates that THERMAL-XR® provides 8.6 times more radiative heat transfer than bare aluminum, with an overall heat transfer coefficient 2.2 times higher in natural convection and 27% higher in forced convection conditions at 100 degrees Celsius.