Nano One Materia Stock Price, News & Analysis

Nano One Materials (OTC:NNOMF), a battery cathode active materials technology company, is strategically positioned to meet growing global demand for Lithium Iron Phosphate (LFP) materials outside China. According to Bloomberg New Energy Finance, LFP demand is projected to capture 52% market share by 2035, with rest-of-world demand expected to grow 5x and exceed China's production.

The company's One-Pot™ Process eliminates wastewater and dependence on Chinese iron sulphate, offering a sustainable solution for localized LFP production. The International Energy Agency has recognized Nano One as an LFP innovator in its 2025 Outlook, particularly noting the company's alternative production methods that reduce dependency on Chinese supply chains.

This positioning aligns with recent G7 Global Critical Minerals Action Plan and Canada-EU Summit commitments to strengthen local critical mineral processing capabilities and reduce strategic dependencies.

Nano One Materials Corp (TSX:NANO)(OTC:NNOMF) held its Annual General Meeting with 32.18% shareholder participation, representing 35,878,667 common shares. All proposed matters were approved by shareholders, including the election of five directors and the appointment of Davidson & Company LLP as auditors.

The elected directors include Anthony Tse (99.61% approval), Dan Blondal (99.96%), Dr. Joseph Guy (99.59%), Carla Matheson (99.66%), and Lisa Skakun (99.67%). The company acknowledged the departure of board members Lyle Brown and Gord Kukec.

Nano One Materials Corp (NNOMF) has reported its Q1 2025 financial results, highlighting a strong financial position with total net assets of $25.5 million. The company secured significant non-dilutive funding of $26.5 million in Q1, including $13.7 million from a sale and leaseback transaction and $12.8 million from government programs.

The company reported a net income of $2.7 million for Q1 2025, driven by government grants and gains from the sale-leaseback transaction. Cash and cash equivalents stood at $27.8 million, with approximately $29.0 million remaining in government program reimbursements to be claimed over the next two years. The company's Annual General Meeting is scheduled for May 23, 2025.

Nano One Materials Corp (TSX:NANO)(OTC PINK:NNOMF) has announced its upcoming Annual General Meeting of Shareholders (AGM) scheduled for Friday, May 23, 2025, at 9:00 am Pacific Time. The company, which specializes in lithium-ion battery cathode active materials technology, has confirmed that AGM materials were mailed to shareholders of record during the week of April 14, 2025.

Shareholders can access meeting materials on the company website and SEDAR+. Proxy voting closes at 9:00 am Pacific Time on May 21, 2025. The event will include a corporate presentation and Q&A session, accessible via Zoom (Webinar ID: 941 5736 9515).

Nano One Materials Corp (TSX:NANO)(OTC:NNOMF) has reported its Q4 2024 financial results, highlighting total net assets of $21.4 million and working capital of $5.5 million. The company secured significant funding in Q1 2025, receiving $26.5 million in non-dilutive funding through various sources.

Key developments include:

• A sale and lease back transaction generating $13.7 million in net proceeds plus a $2.0 million deferred payment
• An $18.0 million award from the Government of Québec, comprising a $15.0 million loan and a $3.0 million grant
• Progress in the Worley Chemetics alliance, confirming economic advantages of their One-Pot™ process for LFP

The company executed a 15-year lease agreement with renewal provisions for up to an additional 15 years, ensuring long-term operational stability in Québec. Additionally, Nano One has approximately $29 million in reimbursements remaining to claim over the next two years from contracted government programs.

Nano One Materials Corp has received C$12.75 million in non-dilutive cash contributions from various Government funding programs, primarily as reimbursement for recent eligible project expenditures. These funds are part of approximately C$45 million in previously announced government awards, with some contributions retroactive to January 1, 2023.

The funding supports the company's LFP commercialization initiatives, including engineering, capacity expansion, demonstration, and operations at its plant in Candiac, Québec. Combined with previously announced sale of vacant land and sale-leaseback arrangements, the total working capital addition amounts to C$31.25 million.

The company maintains approximately C$29 million in remaining reimbursements to claim over the next 2 years from contracted government programs. The funds will support Nano One's design-one-build-many licensing growth strategy and engineering feasibility studies.

Nano One Materials Corp (TSX:NANO)(OTC:NNOMF) announced key changes in its technology leadership team. Dr. Stephen Campbell will retire as Chief Technology Officer (CTO) in June 2024, transitioning to a part-time role managing the company's intellectual property portfolio, which includes 50 patents in key global jurisdictions.

Dr. Guoxian Liang has been appointed as Senior VP of Technology, effective March 3, 2025. With 19 years of battery industry experience, Dr. Liang will lead R&D, technology, process innovation, and commercialization readiness. His background includes pioneering work in LFP commercialization at Phostech Lithium, leadership roles at Johnson Matthey, and advanced battery development at Rivian.

The transition aims to maintain momentum in Nano One's One-Pot Process technology and sulfate-free chemistry development, particularly focusing on expansion in North America and Europe.

Nano One Materials Corp (TSX:NANO)(OTC:NNOMF) has successfully completed the sale and leaseback of its Candiac facility in Quebec, generating estimated net proceeds of C$15.7 million. The transaction, which closed on February 28, 2025, includes:

• A C$2 million vendor loan with 4% annual interest
• Transaction costs of C$1.3 million including lease security deposit
• Net proceeds of C$13.7 million at closing
• A separate C$3 million reserve for potential capital improvements

The deal features a 15-year lease agreement with options for an additional 15-year extension. The company retains first right of offer on future sale. This transaction strengthens Nano One's financial position, leverages over C$40 million in government funding, and supports the expansion of LFP cathode production capacity to over 1000tpa at the Candiac facility.

Nano One Materials Corp (TSX:NANO)(OTC:NNOMF) has signed definitive agreements for a sale-leaseback transaction of its Candiac building and property in Québec for estimated net proceeds of C$15.7 million. The deal includes a 15-year lease agreement with potential extensions up to an additional 15 years.

The transaction structure includes a C$2 million vendor loan as deferred payment, secured by an immovable hypothec, with estimated net proceeds of C$13.7 million at closing after transaction costs. A separate C$3 million reserve funded by the purchaser will be held in escrow for potential capital improvements.

This strategic move strengthens Nano One's balance sheet, leveraging over C$40 million in government funding secured in 2024. The company aims to accelerate commercialization and expand Candiac operations' capacity to over 1000tpa of LFP cathode production. The agreement includes a right of first offer for repurchase if the purchaser decides to sell in the future.