Elcora Announces Name Change, Graphene Development Milestones

Elcora Resources Corp. (TSXV:ERA) announced that its shareholders have approved its plan to change its name to Graphene Corp.; the company also commented on “future milestones for graphene development.”

Those milestones include:

1. Evidence that graphene can be made from properly processed graphite; 
2. Establish partnerships with leading industrial graphene end users; 
3. Design and build a commercial graphene production facility, and 
4. Produce commercial graphene.

Dr. Ian Flint, vice president of processing and refining at Elcora, commented:

[T]he Company is following a strategy of vertical integration so that it will control each step of graphite production from mine to final production which will enable the Company to mine and thereafter optimize the conversion of the processed graphite to bulk, top-down, single or few layered graphene. Test work is currently underway to adapt known methods of graphene creation, and thereafter scale a selected method to a market supportable production rate.

Click here to read the full Elcora Resources Corp. (TSXV:ERA) press release.