HydroGraph Provides Corporate Update
HydroGraph Clean Power, a leading manufacturer of pristine graphene, announced its new OTCQB trading symbol HGRAF replacing HGCPF. The company's shares continue to trade on the Canadian Securities Exchange under HG.
The company also announced significant leadership changes. Robert Wowk transitions from CFO to Board Advisor, and Matt Anderson will take over as CFO effective September 3, 2024. Anderson, with over 15 years of experience in accounting and CFO roles, currently serves as Managing Director of Malaspina Consultants Inc. and CFO for several public companies.
Additionally, Chief Accounting Officer Matthew Lee will depart on October 31, 2024, to pursue other opportunities, with the company expressing gratitude for his contributions.
HydroGraph Clean Power, un produttore leader di grafene puro, ha annunciato il suo nuovo simbolo di trading OTCQB HGRAF, che sostituisce HGCPF. Le azioni dell'azienda continuano a essere scambiate sulla Canadian Securities Exchange con il simbolo HG.
L'azienda ha anche annunciato importanti cambiamenti nella leadership. Robert Wowk passerà da CFO a Consigliere del Consiglio, mentre Matt Anderson assumerà il ruolo di CFO a partire dal 3 settembre 2024. Anderson, con oltre 15 anni di esperienza in contabilità e ruoli come CFO, attualmente ricopre il ruolo di Direttore Generale di Malaspina Consultants Inc. e CFO per diverse aziende pubbliche.
Inoltre, Matthew Lee, Chief Accounting Officer, lascerà l'azienda il 31 ottobre 2024 per intraprendere altre opportunità, con l'azienda che esprime gratitudine per il suo contributo.
HydroGraph Clean Power, un fabricante líder de grafeno puro, anunció su nuevo símbolo de negociación OTCQB HGRAF, que reemplaza a HGCPF. Las acciones de la compañía continúan negociándose en la Canadian Securities Exchange bajo el símbolo HG.
La compañía también anunció cambios significativos en el liderazgo. Robert Wowk pasará de CFO a Asesor del Consejo, y Matt Anderson asumirá el cargo de CFO a partir del 3 de septiembre de 2024. Anderson, con más de 15 años de experiencia en contabilidad y roles de CFO, actualmente se desempeña como Director General de Malaspina Consultants Inc. y CFO de varias empresas públicas.
Además, Matthew Lee, Chief Accounting Officer, abandonará la compañía el 31 de octubre de 2024 para buscar otras oportunidades, y la empresa expresa su gratitud por sus contribuciones.
수려한 그래핀의 선두 제조업체인 HydroGraph Clean Power는 새로운 OTCQB 거래 기호 HGRAF를 발표하며, 이는 HGCPF를 대체합니다. 회사의 주식은 여전히 HG 기호로 캐나다 증권 거래소에서 거래되고 있습니다.
회사는 또한 중요한 리더십 변화를 발표했습니다. Robert Wowk는 CFO에서 이사회 자문으로 전환하며, Matt Anderson는 2024년 9월 3일부터 CFO를 맡게 됩니다. Anderson은 회계 및 CFO 역할에서 15년 이상의 경험을 보유하고 있으며 현재 Malaspina Consultants Inc.의 전무이사이자 여러 상장 회사의 CFO로 재직 중입니다.
또한 Chief Accounting Officer Matthew Lee는 2024년 10월 31일에 다른 기회를 추구하기 위해 회사를 떠날 예정이며, 회사는 그의 기여에 감사를 표했습니다.
HydroGraph Clean Power, un fabricant leader de graphène pur, a annoncé son nouveau symbole de négociation OTCQB HGRAF, remplaçant HGCPF. Les actions de l'entreprise continuent d'être échangées sur la Bourse canadienne des valeurs mobilières sous le symbole HG.
L'entreprise a également annoncé des changements significatifs dans la direction. Robert Wowk passe de CFO à conseiller du conseil d'administration, et Matt Anderson prendra ses fonctions de CFO à partir du 3 septembre 2024. Anderson, avec plus de 15 ans d'expérience en comptabilité et dans des rôles de CFO, est actuellement directeur général de Malaspina Consultants Inc. et CFO de plusieurs entreprises publiques.
De plus, Matthew Lee, directeur comptable, quittera l'entreprise le 31 octobre 2024 pour poursuivre d'autres opportunités, l'entreprise exprimant sa gratitude pour ses contributions.
HydroGraph Clean Power, ein führender Hersteller von reinem Graphen, hat sein neues OTCQB-Handelssymbol HGRAF angekündigt, das HGCPF ersetzt. Die Aktien des Unternehmens werden weiterhin an der Canadian Securities Exchange unter dem Symbol HG gehandelt.
Das Unternehmen kündigte ebenfalls bedeutende Veränderungen in der Führung an. Robert Wowk wechselt vom CFO zum Berater des Vorstands, und Matt Anderson wird ab dem 3. September 2024 die Rolle des CFO übernehmen. Anderson bringt über 15 Jahre Erfahrung in der Buchhaltung und als CFO mit und ist derzeit Geschäftsführer der Malaspina Consultants Inc. sowie CFO mehrerer börsennotierter Unternehmen.
Zusätzlich wird der Chief Accounting Officer Matthew Lee das Unternehmen am 31. Oktober 2024 verlassen, um andere Möglichkeiten zu verfolgen; das Unternehmen drückt seinen Dank für seine Beiträge aus.
- HydroGraph has begun trading under a more recognizable symbol, HGRAF, on the OTCQB platform, potentially increasing its visibility and accessibility to U.S. investors.
- The appointment of Matt Anderson, a seasoned professional with over 15 years of experience, as CFO may bring strong financial leadership and stability.
- The departure of Chief Accounting Officer Matthew Lee could lead to transitional challenges and a temporary gap in the company's financial oversight.
Company updates OTCQB trading symbol
CFO transitions to Board Advisor, Company appoints Matt Anderson to the role of CFO
VANCOUVER, British Columbia, Aug. 22, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (the “Company” or “HydroGraph”), a sustainable commercial manufacturer of pristine graphene, today announced that it has begun trading under a new symbol “HGRAF” on the OTCQB platform in the U.S. Previously, the Company traded on the OTCQB under “HGCPF”, The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "HG".
CFO Transition
In addition, HydroGraph today announced that Robert Wowk, Chief Financial Officer, will be transitioning to a Board Advisory role. Succeeding him, Matt Anderson has been appointed to the role of Chief Financial Officer effective September 3, 2024, bringing with him over 15 years of accounting and CFO experience with various private and public companies.
“I would like to thank Bob for his hard work, commitment and contribution in moving the company forward over the last two years, and I look forward to him continuing to contribute at the Board level as well as directly with the business on key business initiatives,” said David Williams, Chairman of the Board.
“I am confident Mr. Anderson will be able to build on our recent achievements as we continue to expand our customer base by generating industry-leading performance improvements with our fractal graphene. I look forward to working with Matt and welcome him to the HydroGraph team,” said HydroGraph president and interim CEO Kjirstin Breure.
Matt is Managing Director of Malaspina Consultants Inc., where he has worked since July 2009 and serves as CFO for several public companies. Mr. Anderson completed his Bachelor of Commerce degree at McGill University in Montreal. He earned his CPA and CA accreditation in 2008, after which he began providing accounting and CFO services to junior public companies across different sectors.
Furthermore, the Company’s Chief Accounting Officer, Matthew Lee, will also be departing the Company, effective October 31, 2024, to pursue other opportunities. The Company thanks him for his contributions and support.
ABOUT HYDROGRAPH CLEAN POWER INC.
HydroGraph Clean Power Inc is a leading producer of pristine graphene using an “explosion synthesis” process, which allows for exceptional purity, low energy use and identical batches. The quality, performance and consistency of HydroGraph’s graphene follows the Graphene Council’s Verified Graphene Producer® standards, of which very few graphene producers are able to meet. We have leveraged our material performance, scalability and cost to build 10 metric tonnes of annual production capacity, with the ability to scale up production in just months using very low CAPEX, while engaged in numerous R&D projects and discussions with multiple potential partners and customers to supply our pristine graphene. For more information or to learn about the HydroGraph story, visit: https://hydrograph.com/.
For company updates, please follow HydroGraph on LinkedIn and X.
Forward-Looking Statements
This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “upon” “anticipate”, “believe”, “continue”, “plans” or similar terminology.
Forward-looking statements and information include, but are not limited to: statements in respect of the Private Placement, the use of the net proceeds from the Private Placement, the timing and ability of the Company to close the Private Placement, if at all, the gross proceeds of the Private Placement, the timing and ability of the Company to obtain all necessary regulatory approvals, if at all, and the terms and jurisdictions of the Private Placement; the statements in regards to existing and future products of the Company; the Company’s future personnel appointments; the Company’s plans and strategies.
Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of HydroGraph to control or predict, that may cause HydroGraph’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: HydroGraph’s ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks. HydroGraph does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.
CONTACTS
HydroGraph Investor Relations Contact
Salisha Ilyas, Target IR
salisha@targetir.com
Kjirstin Breure, HydroGraph President and Interim CEO
kjirstin.breure@hydrograph.com
408.267.2556
HydroGraph Media Contact
Raven Carpenter
hydrograph@fox.agency
646.665.1107
FAQ
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