Cleantech

Highlights:

  • Hatch highlights potential environmental benefits and economic competitiveness of M2CAM
    • Eliminates 100% of sulphate waste
    • Uses 60% less water
    • Cost and capital competitive
  • Opportunities to further optimize and already underway

Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) (Nano One) is a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries. Nano One is pleased to announce the successful completion of an industrial scale engineering study conducted by Hatch Ltd. (Hatch) a leading global engineering firm.

This is another important step forward in Nano One's efforts to bring the latest innovations in cathode manufacturing technology through scale-up towards commercialization. The study supports that Nano One's patented One-Pot M2CAM (metal to cathode active material) process offers both environmental and potential economic benefits when compared to conventional cathode manufacturing processes.

"The energy transition that is underway will require a 100-fold increase in the production of lithium-ion batteries and the materials that go into them," explained Dan Blondal, CEO of Nano One, "but there is an unintended consequence. For every terawatt-hour of battery production, the current cathode manufacturing process generates over 2 billion kilograms of sodium sulphate waste. Put another way, that is 500 NFL football fields, one foot deep in waste, for every 15 million cars. This is not sustainable at larger volumes. Our M2CAM technology uses no sulfate and eliminates 100% of this waste and it is also economically differentiated, standing up to highly optimized conventional processes. We believe it can leapfrog the wasteful methods in use today."

By working with automotive OEMs and others, Nano One can support localized, cost-effective and more environmentally sustainable materials. Continuous innovation and engineering optimization will further improve the financial and environmental benefits of the One-Pot process as Nano One forges relationships across the supply chain in support of its commercialization strategy.

The engineering study set out to compare the conventional sulphate process for manufacturing cathode active materials (CAM) with Nano One's One-Pot M2CAM process for nickel rich cathode materials.

Conventional cathode manufacturing produces approximately 1.8 times more weight in sodium sulphate waste than it does in CAM product, whereas Nano One's process produces no waste. It is estimated the One-Pot M2CAM process also reduces water consumption by approximately 60% prior to recycling. Further, the Hatch work supports that the Nano One's process significantly reduces the number of process steps to get to a single crystal coated cathode active material helping reduce costs and create efficiencies.

The report estimates competitive economics for Nano One and its One-Pot process over conventional cathode processes and identifies opportunities for further cost savings, despite One-Pot having over 20-years less industrial optimization. Work is already underway on further optimizations.

Mark Bellino, Global Director of Battery Market Solutions at Hatch stated "We are delighted to be collaborating with Nano One on the automotive scale engineering of their innovative process technologies. We look forward to building on the results of this study for further optimization and for a range of different cathode formulations".

About Hatch Ltd.

Hatch is a global professional services firm with consultants, engineers and project management personnel passionately committed to the pursuit of a better world through positive change. Our global network of 9,000 professionals work on the world's toughest challenges. Our experience spans over 150 countries around the world in the metals, energy and infrastructure market sectors.

About Nano One

Nano One Materials Corp. (Nano One) is a clean technology company with a patented, scalable and low carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. The technology is applicable to electric vehicle, energy storage, consumer electronic and next generation batteries in the global push for a zero-emission future. Nano One's One-Pot process, its coated nanocrystal materials and its Metal to Cathode Active Material (M2CAM) technologies address fundamental performance needs and supply chain constraints while reducing costs and carbon footprint. Nano One has received funding from various government programs and the current "Scaling of Advanced Battery Materials Project" is supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of the Province of British Columbia. For more information, please visit www.nanoone.ca.

Company Contact:
Paul Guedes
info@nanoone.ca
(604) 420-2041

Media Contact:
Chelsea Lauber
Antenna Group for Nano One
nanoone@antennagroup.com
(646) 854-8721

Certain information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking information in this news release includes, but is not limited to, statements with respect to: the anticipated results of further optimization work underway, the execution of the Company's plans which are contingent on such support and awards and the commercialization of the Company's technology and patents. Generally, forward-looking information can be identified by the use of terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', 'target', 'goal', 'potential' or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made are not, and cannot be, a guarantee of future results or events. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: the anticipated results of further optimization work underway, any future collaborations that may happen with the OEM's or others, the Company's ability to achieve its stated goals, the commercialization of the Company's technology and patents and other risk factors as identified in Nano One's MD&A and its Annual Information Form dated March 15, 2021, both for the year ended December 31, 2020, and in recent securities filings for the Companies which are available at www.sedar.com. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake any obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111205

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NANO:CA
automotive engineer expert witness

Nano One Materials


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Nano One

Nano One Provides Quarterly Progress Update and Reports Q1 2022 Results

Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) ("Nano One" or the "Company") is a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries. Nano One has filed its financial results and operations overview for the first fiscal quarter ended March 31, 2022 and is pleased to provide the following highlights from Q1 2022.

Q1 Highlights and Headlines

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Nano One

Nano One Provides Q2 2022 Corporate Update On Commercialisation Strategy and Expansion Plans

  • Nano One Materials Quebec established to support expansion towards commercialization
  • Technology scaling plans to 100 tonne per annum scale to support commercial qualification, detailed engineering and commercial plant design
  • Patents number 21 and 22 issued and 47 additional patent applications pending
  • Partnerships and pipeline growth across cathode chemistries continues

Nano One® Materials Corp. (TSX: NANO) (OTC PINK: NNOMF) (FSE: LBMB) ("Nano One" or the "Company") is a clean technology company with a patented low carbon intensity process (the "One-Pot Process") for the production of low cost, high-performance cathode materials used in lithium-ion batteries and is pleased to provide a corporate update on its commercialisation strategy, expansion plans and partnerships.

"The global lithium ion battery materials market is ramping to millions and tens of millions of tonnes to meet terawatt-hours of forecasted energy storage," said Nano One CEO Mr. Dan Blondal, "however, there are inefficiencies and by-products in the existing supply chain that do not readily scale. We cannot landfill billions of kilograms, we cannot generate more waste than we recycle and we cannot be burning through precious energy sources with inefficient processes. Nano One's technologies are unique in addressing these costly and wasteful shortcomings in the battery supply chain and we intend to drive change in cathode materials manufacturing for a cleaner and more efficient future."

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nano one

Nano One Provides Update on Emerging LFP Opportunity

  • 2035 global LFP market projected to grow 13X, exceed 1 TWh and reach tens of billions of dollars.[1]
  • One-Pot process could make LFP environmentally superior and cost competitive in North America.
  • Nano One builds out its commercialization team to address LFP opportunity.

Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) ("Nano One") is a clean technology company with a patented low carbon intensity process (the "One-Pot Process") for the production of low cost, high-performance cathode materials used in lithium-ion batteries. Nano One is pleased to provide an update on the multi-billion dollar market emerging in lithium iron phosphate ("LFP").

Bloomberg New Energy Finance projected that global LFP demand will grow from 81 GWh in 2021 to 633 GWh by 2030 and 1070 GWh by 2035. This represents about 1300% growth and 22% of the total cathode active materials market for stationary storage, passenger EV, commercial EV, e-bus, and two/three wheeler applications, and an addressable market measured in tens of billions of dollars.[1]

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"astronova" | "quicklabel"

Nano One Receives Funding to Advance M2CAM and Thermal Processing Initiatives

  • Receiving advisory services and up to C$404,000 in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) supporting M2CAM and thermal processing initiatives
  • Cost optimization of M2CAM and thermal processing innovations underway
  • Supports scale-up on path to commercialization and leverages engineering study

Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) ("Nano One") is a clean technology company with a patented low carbon intensity process for the production of low cost, high-performance cathode materials used in lithium-ion batteries. Nano One announced today that it is receiving advisory services and funding of up to C$404,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support a research and development project to advance its Metal direct to Cathode Active Material ("M2CAM") technology and thermal processing innovations.

"Nano One values this support from NRC IRAP," said Nano One CTO Dr. Stephen Campbell. "This project will further advance cost optimization of the One-Pot Process for the manufacture of cathode active materials, specifically as it relates to the use metal feedstocks enabled by our M2CAM technology and innovations in final stage of thermal processing."

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nano one

Nano One Provides Corporate Update

Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) ("Nano One") is a clean technology company with a patented low carbon intensity process (the "One-Pot Process") for the production of low cost, high-performance cathode materials used in lithium-ion batteries and is pleased to provide a brief corporate update.

"We are in a growth phase," said Nano One Executive Chair, Mr. Paul Matysek, "and putting capital to work driving change and commercialization paths, with a world class team, ground breaking patented technology, and global collaborators. As battery ecosystems emerge in North America and Europe, we are addressing a number of opportunities to leapfrog existing markets with cost-effective, resilient, and environmentally differentiated solutions for a net-zero future."

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Alkaline Fuel Announces Trading on OTCQB and Filing of First Quarter 2022 Financial Statements and MD&A

Alkaline Fuel Cell Power Corp. (NEO: PWWR)(OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) ("AFCP" or the "Company"), a company engaged in the development and production of alkaline fuel cell heat and power systems for residential, industrial and commercial markets worldwide, is pleased that it has filed its Interim Consolidated Financial Statements for the first quarter of 2022 and the accompanying Management Discussion and Analysis on its SEDAR profile at www.sedar.com. The financial statements and MD&A will also be posted on the Company’s website at www.fuelcellpower.com.

The Company is also pleased to announce that its common shares have been up-listed from the OTC Pink Sheet Open Market to the OTCQB Venture Market (the “OTCQB”) by the OTC Markets Group Inc. The Company’s common shares began trading on the OTCQB under the symbol “ALKFF” as of the opening of the market on March 28, 2022. AFCP’s common shares continue to trade on the NEO Exchange under the symbol “PWWR” and the Frankfurt Stock Exchange under the symbol “77R”.

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Alkaline Fuel Announces Achievement of First Key Milestone in the Development of Hydrogen Fuel Cell

Alkaline Fuel Cell Power Corp. (NEO: PWWR)(OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) ("AFCP" or the "Company"), a company engaged in the development and production of alkaline fuel cell heat and power systems for residential, industrial and commercial markets worldwide, is pleased to announce the achievement of the Company’s first Milestone, as of May 6th, 2022. The Company has successfully created a functioning, bench test, single stack and system operation at working temperature. The Company is working to towards commercializing of 4kW micro-combined heat and power (“Micro-CHP”) system.

”We are very pleased that, despite strong challenges from covid-19 and supply chain, our teams in Belgium and Czech Republic were able to achieve the first critical milestone in the development of our own hydrogen fuel cell, on time.” Commented Frank Carnevale, Chief Executive Officer. “Along with additional CHP development opportunities, AFCP is focused on capitalizing on that market shift to affordable, resilient, and renewable energy solutions for the masses.”

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Graphene Manufacturing Group

GMG and Rio Tinto to Explore the Use and Development of GMG's Energy Saving Products and Graphene Aluminium-Ion Battery

Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG and Rio Tinto Group ("Rio Tinto") have signed a non-binding agreement to collaborate on energy saving and storage solutions. Together, GMG and Rio Tinto will explore the use of energy saving products in Rio Tinto's operations, explore working together to support GMG's development of Graphene Aluminium-Ion ("G+Al") batteries, and collaborate on mining and other industrial applications.

Under a non-binding term sheet, GMG and Rio Tinto will:

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STEER Announces Rollout of its Delivery as a Service Offering with 200 + Small and Medium Businesses

 Facedrive Inc. (" STEER " or " the Company ") (TSXV: FD) (OTCQX: FDVRF), an integrated ESG technology platform, is pleased to announce it has successfully rolled out its Delivery as a Service (" DaaS ") offering with over 200 small and medium businesses (" SMBs "), and is now marketing such services to large big box retailers. STEER's DaaS offering provides a last mile logistics solution for retailers to offer just-in-time deliveries to end-users. The Company expects the DaaS platform to be a key element of its business and a valuable driver of ESG data, reporting and analytics.

DaaS by STEER (CNW Group/Facedrive Inc.)

STEER's DaaS offering has demonstrated operational success, with over 200 local merchants in the Greater Toronto Area and a 99% on-time delivery rate. The Company has also seen many of its customers transition from a hybrid to a full-time arrangement with STEER. Following its success with smaller local vendors, STEER's DaaS offering is being promoted to big box retailers, some of whom have also expressed an interest for the offering. The Company feels its ESG value proposition, powered by its proprietary EcoCRED carbon offset analytics platform, sets the STEER DaaS offering apart from competitors. In particular, EcoCRED's capabilities to capture, analyse and report on key ESG data can appeal to socially-responsible brands and larger retailers, who are increasingly conscious of environmental tracking and reporting protocols.

The global Delivery as a Service market, valued at USD 18.7Bn in 2020, is expected to grow at 18.9% CAGR for the period 2021-2027 1 , making it one of the high-growth sectors in today's global economy. This growth has been accelerated by the global impact of the COVID-19 pandemic and goes beyond food deliveries, spanning nearly all categories of consumer products.  This megatrend presents qualified providers like STEER with a potentially-lucrative opportunity to increase market presence and significantly increase revenues.

STEER's DaaS offering leverages the assets and technology developed by the Company through its existing on-demand offerings. Specifically, introduction of DaaS enables the Company to draw on its tech stack, operational expertise, and its existing infrastructure—including drivers—to deliver a nimble, agile, cost efficient, and customizable product. STEER's tech-driven delivery management software integrates directly with the merchant's Point of Sale (" POS ") solution and provides visibility, KPI controls and data processing. Moreover, STEER leverages its built-in data science algorithms to analyse daily demand cycles for each individual offering and to streamline resource allocation. In the future, this data will be utilized to identify cross-selling opportunities within the STEER platform and provide customers with analytics, metrics and data that quantify their carbon reduction efforts.

STEER's DaaS offering also capitalizes on synergies with its existing on-demand services through a shared driver fleet. For drivers, this means potentially higher earnings through an additional revenue stream, minimized idle time, and the convenience of managing fewer apps on their phone. For the Company, introduction of the DaaS functionality results in greater operational efficiencies through unified driver acquisition, training and optimized marketing spend across the platform. The Company feels these operational efficiencies will translate into economies of scale as STEER's DaaS onboards more vendors and launches operations in new geographies.

"Delivery as a Service represents a natural evolution for our Company. Having built significant assets and expertise in the mobility and food delivery segments, it is important for us to leverage our existing assets to enter a growing market space. It allows us to grow incremental revenues in the near future while not increasing costs at the same rate. We have confirmed the demand during our launch with over 200 small and medium vendors and are now focused on large retail customers. With the launch of DaaS, STEER's vision of creating a one-stop shop ecosystem for an environmentally-conscious B2C and B2B consumer has come a step closer to fulfilment", said Suman Pushparajah , Chief Executive Officer.

________________________________
1 https://www.globenewswire.com/news-release/2021/09/02/2290996/0/en/Last-Mile-Delivery-Market-is-Expected-to-Reach-to-USD-62-7-Bn-with-CAGR-of-18-9-by-2027.html

About the Company

STEER is an integrated ESG technology platform that moves people and delivers things through subscription and on-demand services. The Company's goal is to build a one-of-a-kind system that aggregates conscientious users, through a series of connected offerings, and enables them to buy, sell, or invest with the same platform, STEER. The Company's offerings generally fall into two categories: subscription-based offerings led by its flagship electric vehicle subscription business, Steer EV, and on-demand services incorporating delivery, B2B marketplace, Delivery-as-a-Service (DaaS) and rideshare businesses. The Company's platform is also powered by EcoCRED, its big data, analytics and machine learning engine which seeks to capture, analyse, parse and report on key data points in ways that measure the Company's impact on carbon reductions and offsets.

For more about the Company, visit www.facedrive.com .

STEER
100 Consilium Pl, Unit 400
Scarborough , ON
Canada M1H 3E3
www.facedrive.com

Forward-Looking Information

Certain information in this press release contains forward-looking information, including with respect to the Company's business, operations and condition, management's objectives, strategies, beliefs and intentions, and the company's forward plans to rebrand. This information is based on management's reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this press release. Actual results and the timing of events, such as those pertaining to the Company's next step launch with big box retailers, may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.

See "Forward-Looking Information" and "Risk Factors" in the Company's Annual Management Discussion & Analysis (MD&A) for the year ended December 31, 2021 (filed on SEDAR on may 2, 2022 ) and its interim MD&A for the period ended September 30, 2021 (filed on SEDAR on November 29, 2021 ) for a discussion of the uncertainties, risks and assumptions associated with these statements and other risks. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities legislation and regulatory requirements.

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.

STEER Logo (CNW Group/Facedrive Inc.)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/steer-announces-rollout-of-its-delivery-as-a-service-daas-offering-with-200--small-and-medium-businesses-301547644.html

SOURCE Facedrive Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/16/c1734.html

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dynaCERT Invited to Present at the International Investment Forum

dynaCERT Invited to Present at the International Investment Forum

dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) (" dynaCERT " or the "Company") is pleased to announce that dynaCERT will be presenting at the third International Investment Form ("IIF") on May 19 th , 2022.

Jim Payne, CEO of dynaCERT , will be presenting at 10:00 am EST on May 19 th , 2022.

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Greenlane Renewables Announces First Quarter 2022 Financial Results

Greenlane Renewables Announces First Quarter 2022 Financial Results

~Company reports its second highest quarterly revenue, Q1 growth of 33% over Q1 2021~

Greenlane Renewables Inc. (" Greenlane '' or the " Company ") (TSX: GRN) (FSE: 52G) (OTC: GRNWF) today announced financial results for the first quarter ended March 31, 2022 . For further information on these results please see the Company's Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis filed on SEDAR at www.sedar.com . All amounts are in Canadian dollars unless otherwise stated and in accordance with IFRS.

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