COP26 spotlights significant green energy start for the global market.Once-in-a-generation chance to create and differentiate North American supply chain.Nano One shifts LFP effort from China and Pulead to opportunities outside of China.One-Pot process reduces cost and environmental impact of battery metal supply chain.Nano One joins Accelerate, Canada's zero-emission vehicle supply chain alliance.Nano One® ...
  • COP26 spotlights significant green energy start for the global market.
  • Once-in-a-generation chance to create and differentiate North American supply chain.
  • Nano One shifts LFP effort from China and Pulead to opportunities outside of China.
  • One-Pot process reduces cost and environmental impact of battery metal supply chain.
  • Nano One joins Accelerate, Canada's zero-emission vehicle (ZEV) supply chain alliance.

Nano One® Materials Corp. (TSX: NANO) (OTC Pink: NNOMF) (FSE: LBMB) (Nano One), 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. Mr. Dan Blondal, Nano One's CEO, is pleased to provide his view on COP26, currently taking place in Glasgow, Scotland, and an update on the Company's lithium iron phosphate (LFP) strategic direction as it relates to reducing the cost and environmental impact of the battery metal supply chains in North America and Europe.

"Nano One commends global leaders at COP26 for renewing and energizing their commitment to tackle climate change and the 1.5oC goal," said Nano One CEO, Mr. Dan Blondal. "The world needs clear and firm policies focused on responsibly sourced critical minerals, renewable green energy, resilient and sustainable battery supply chains, R&D and STEM education for the workforce. Nano One is committed to creating jobs and a clean energy economy locally and with those nations collaborating and actively participating in COP26."

As the transition to clean energy and battery electric vehicles unfolds, there is a once-in-a-generation opportunity to create a secure and cost competitive supply chain that is domestically integrated with a low environmental footprint. In response, Nano One is shifting its LFP strategic direction to large emerging markets outside of China, starting in North America, and has ceased joint development activities with Pulead Technology Industry.

Nano One's patented One-Pot process and metal-direct-to-cathode technology (M2CAM) facilitate the production of LFP, nickel-rich (NMC), and manganese-rich (LNMO) lithium-ion battery cathode materials directly from low-cost and low-GHG intensity battery metals. The One-Pot process can leverage battery metal feedstocks that are available domestically without requiring the addition of costly refining infrastructure, and this removes barriers to adoption while eliminating complexity and environmentally wasteful steps common to offshore supply chains.

"If we are to build a fully integrated and resilient battery supply chain here in North America," said Nano One CEO, Mr. Dan Blondal, "it must include responsible mining of battery metals, onshore refining, environmentally favourable cathode material production, and recycling. If we are to avoid the export of raw materials and technology to overseas markets, only to buy them back in value added batteries, then we must leapfrog and make redundant the wasteful, constrained and costly methods of making battery cathode materials that are entrenched in overseas supply chains."

LFP production is free from the constraints of nickel and cobalt, and although its origins are deeply rooted in Canada, its growth over the last decade is almost entirely based in China. Recent LFP cell-to-pack innovations have driven costs down and enabled greater EV range, setting the stage for EV pioneers to shift to LFP as supported by several recent announcements. There has never been a greater imperative for a sustainable, responsible, and secure supply of LFP materials and batteries, to be established and supported in North America and Europe, proximal to where the EV's are manufactured.

Mr. Blondal commented, "Canada has clean energy assets, responsibly sourced critical minerals and a rich history in LFP technology and manufacturing. By leveraging these opportunities with Nano One's simplified low-cost approach to cathode production, we seek to create a resilient value-added domestic LFP supply chain in a collaborative ecosystem with a smaller environmental footprint. Our investments in the lab, pilot and alternative feedstocks have added further value to our One-Pot technology, and this enables us to move quickly now that the North American opportunity is coming into focus. We look forward to sharing further advancements with our shareholders."

Nano One is also pleased to announce it has become a member of Accelerate, Canada's zero-emission vehicle supply chain alliance. Launched in 2021, Accelerate is working with its members across the supply chain to create an industrial road map to ensure the growth and stability of Canada's zero-emission vehicle market.

"Accelerate members, like Nano One, are crucial to ensuring Canada transitions from its industrial past to its industrial future," said Matthew Fortier, Accelerate CEO. "This week's progress at COP26 is another step towards securing a Canadian supply chain that will help produce a cleaner, more prosperous, more inclusive, and more sustainable Canadian auto industry."

###

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.

About Accelerate

Canada's Zero Emission Vehicle Supply Chain Alliance is a 5-year national initiative bringing together key players across Canada, from mining to mobility, from R&D to commercialization, and from vehicle assembly to infrastructure. Accelerate will establish a forum for members to collaborate, strategize and advocate for priorities that will support the accelerated development of a Zero Emission Vehicle (ZEV) supply chain in Canada.
acceleratezev.ca

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

Media Contact:
Chelsea Nolan
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 execution of Nano One's plans which are contingent on such support and awards and the commercialization of Nano One'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 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 Nano One to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: any future collaborations that may happen with the undisclosed OEM, Nano One's ability to achieve its stated goals, the commercialization of Nano One'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 Nano One which are available at www.sedar.com. Although management of Nano One 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. Nano One 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/102582

News Provided by Newsfile via QuoteMedia

Nano One Materials TSX:NANO Cleantech Investing
HydroGraph Clean Power

HydroGraph Clean Power


Overview

There's never been more attention on clean energy generation than exists today. Between the EU's push for clean energy for all Europeans, the passing of various state-level green laws throughout the US, and the US government's decision to invest $2 trillion in clean energy to support a green economy — when it comes to energy production — it's clear the future is leaning green. The goal of these initiatives is to transition our energy production from non-sustainable sources like coal, gas, and oil into more sustainable options like solar, wind, and hydroelectric.

The US government is committing to decarbonizing the power sector by 2035, with the goal of reaching net-zero carbon emissions by 2050. The UK has also followed suit by committing to cutting more than 50 percent of its emissions, which it believes could help bolster its economy through increased jobs. As governments around the world shift towards clean energy, the demand for various materials such as hydrogen and graphene is expected to rapidly increase.

HydroGraph Clean Power (CSE:HG) is a Canadian industrial materials manufacturer focused on commercializing its patented, green and cost-effective graphene and hydrogen manufacturing process. HydroGraph Clean Power's patented Synthetic Detonated Graphene (SDG) process is a clean energy production platform that produces hydrogen gas and the only synthetic detonated graphene.

SDG process

The SDG process produces identical batches of 99.8 percent of pure graphene without impurities from hydrocarbon gases. The process is cost-effective, digitally-controlled, customizable, decentralized, consistent and energy-efficient compared to other methods. More importantly, the company's graphene product can be produced on-site at an industrial scale and competitive prices.

The SDG process is a green, low-cost and low-energy process that produces virtually no emissions. The process is initially sparked from an electrode –– which requires very low energy –– and then relies on reactants to continually power the system. By enabling the energy within the hydrocarbon gases to power the system, the company can keep its energy costs low. The SDG process is also completely chemical and solvent-free resulting in low or net-zero emissions.

The company's graphene product is commercially superior to other graphene products on the market. HydroGraph Clean Power's SDG process produces one to five layers of graphene without impurities compared to conventional methods which produce less than 10 layers of graphene, often with impurities. Given the company's ability to produce high-quality graphene at low costs, HydroGraph Clean Power strongly believes that it will be able to market its graphene product at competitive prices with significant margins.

The company is positioned for strong growth in the near future with the recent commercialization of its graphene detonation chambers. The company plans to use its detonation chambers to develop advances in additive manufacturing, battery technology, conductive inks, industrial manufacturing and other applications.

HydroGraph Clean Power is expected to capitalize on graphene sales in various markets. The company's highly efficient SDG process is capable of producing consistent and customizable graphene for a variety of applications. The compact and modular detonation cylinders also allow the process to be deployed virtually anywhere resulting in significant market opportunities.

In May 2021, the company closed a private placement for gross proceeds of $6,505,000. The private placement was led by PowerOne Capital Markets Limited and Haywood Securities Inc. The funds from the financing round have been allocated towards scaling production of its SDG platform to commercialization, SDG platform automation and research and development focused on synthesizing nanotechnology products.

HydroGraph Clean Power, is led by a highly experienced management team with specialized experience in materials science. The company's technical team took part in the discovery of the detonation method at Kansas State University currently used in the SDG platform to produce graphene. HydroGraph Clean Power is the exclusive owner of the worldwide license from Kansas State University allowing it to produce valuable clean energy and nanotechnology products through their patented detonation process.

Company Highlights

  • HydroGraph Clean Power (CSE:HG) is focused on commercializing its patented, green and cost-effective graphene and hydrogen manufacturing process.
  • HydroGraph Clean Power's patented Synthetic Detonated Graphene (SDG) process is a clean energy production platform that produces hydrogen gas and the only synthetic detonated graphene at an industrial scale.
  • The company's SDG process produces identical batches of 99.8 percent of pure and graphene for a variety of applications. HydroGraph Clean Power's graphene is superior to other options on the market with very few layers and no impurities.
  • The SDG process is completely chemical and solvent-free resulting in low or net-zero emissions.
  • Led by a highly experienced management team with specialized experience in materials science - the company's technical team took part in the discovery of the detonation method currently used in the SDG platform to produce graphene.

Key Product

HydroGraph Synthetic Detonated Graphene Process

The HydroGraph Synthetic Detonated Graphene (SDG) process is a patented clean energy production platform that produces hydrogen gas and the only synthetic detonated graphene. The company's process effectively produces identical batches of 99.8 percent of pure graphene from acetylene and oxygen gas. The SDG process is cost-effective, green, digitally-controlled, customizable, decentralized, consistent and energy-efficient compared to other methods.

HydroGraph Synthetic Detonated Graphene Process

Conventional graphene mass manufacturing involves reducing multilayer graphene from mined graphite feedstock to less than 10 layers of graphene. This conventional method is complex, energy-intensive, expensive and ultimately results in an inferior graphene product with impurities. HydroGraph Clean Power's SDG process produces between one to five layers of graphene which is classified as "very few-layer graphene" with no impurities. The process enables the energy within hydrocarbon gases to also power the system which reduces the energy requirements with virtually no emissions.

The company's graphene detonation chambers have already entered commercialization. Going forward, the company plans to use its detonation chambers to develop advances in additive manufacturing, field technology, conductive inks, industrial manufacturing and other applications. The company's graphene product can be produced on-site at an industrial scale and competitive prices.

Management Team

Harold Davidson - Chief Executive Officer and Founder

Harold Davidson has more than 30 years of tech experience with Fortune 500 technology companies and in executive positions at tech start-ups. He was vice president of marketing at INToo Software Corporation which was the fastest growing and best performing TSX-V tech stock at the time. Davidson is the CEO and a director of Core Workflows Inc. which is a private technology company that provides the underlying technology for Omada. He invented, patented and helped develop a revolutionary new system of engagement (SOE) to provide businesses with a more efficient means of visualizing workflows.

David Morris - President

Dr. David Morris has been a prolific entrepreneur for over 18 years. Morris has built many businesses from the ground up and taken others through the recapitalization and restructuring process. After graduating from the University of Toronto's dentistry program, Dr. Morris founded the Morris Group of Companies. Morris has overseen its growth from a simple partnership to an organization employing more than 200 people with 2020 revenues over $100 million. As president of the Morris Group, Dr. Morris is involved in a wide range of business activities, including land and housing development, the mining sector, employment services and telecommunications.

Logan Anderson - Chief Financial Officer

Logan Anderson is a businessperson who has been an officer and director of numerous different public companies over the past 40 years. He is currently the Chief Financial Officer & Director at International Battery Metals Ltd., Chief Financial Officer, Secretary & Director at Scotch Creek Ventures, Inc., Chief Financial Officer, Secretary & Director at Ovation Science Inc. (Canada) and Chief Financial Officer & Director at InsuraGuest Technologies Inc. and Corporate Secretary of St. James Gold Corp. He is also a current member of Chartered Accountants Australia and New Zealand.

Kjirstin Breure - Chief Operating Officer

Kjirstin Breure has a 10-year background in emerging technologies and portfolio management. She was the director of operations for Frontline Crossings and the director and COO for Macht10. Kjirstin has also worked in investor relations for Omada Technologies. Her interest in technology and passion for problem-solving has led her to work primarily with tech start-ups. Breure graduated Magna Cum Laude from Arizona State University and is currently pursuing a Master's degree in Materials Science and Engineering with a specialization in nanomechanics.

Ranjith Divigalpitiya - Chief Scientific Officer

Dr. Ranjith Divigalpitiya is an adjunct research professor in the department of chemistry at Western University in Canada. He received his Bachelor of Science degree in physics from the University of Sri Jayawardanapura in Sri Lanka. He received his Master of Science degree and Ph.D. degree in solid-state physics from Simar Fraser University in Canada. He was a senior specialist and physicist at 3M Canada for more than 27 years. At 3M Canada, he invented 3M's graphene-like carbon coatings and contributed to 190 invention submissions and 20 granted US patents. He has authored more than 33 peer-reviewed papers in various areas of research, including digital x-ray imaging, electrically conducting adhesives, air and water purification, battery materials and nanoscale coatings.

Chris Sorensen - Technical Team Leader

Dr. Chris Sorensen is the Cortelyou-Rust University distinguished professor in the departments of physics and chemistry (adjunct) at Kansas State University. He received his Bachelor of Science in physics from the University of Nebraska. He received his Ph.D. from the University of Colorado. Sorensen also served in Vietnam. His areas of interest are particulate systems, light scattering and soft matter. He has nearly 300 publications and seven patents. He is a fellow of the American Physical Society, the American Association for the Advancement of Science and the American Association for Aerosol Research.

Stefan Bossmann - Lead Chemist

Dr. Stefan Bossmann is a distinguished professor in the department of chemistry at Kansas State University. He received his Bachelor of Science and Ph.D. in chemistry from the University of Saarland in Germany. He was a postdoctoral research associate at Columbia University from 1991 to 1993. He was then an assistant professor and subsequently an associate professor in the department of chemical and process engineering at the University of Karlsruhe in Germany. Bossmann received his Ph.D. in chemical and process engineering at the University of Karlsruhe. His areas of interest are organic and inorganic synthesis, nanoparticulate systems and soft matter. He has more than 200 publications and 14 patents.

Arjun Nepal - Lead Researcher

Dr. Arjun Nepal is an assistant research professor in the department of physics at Kansas State University. He received his Masters of Science in physics from the Tribhuvan University in Nepal and the University of Minnesota Duluth. He received his Ph.D. in physics from Kansas State University. He has managed research and development for the KSU/C-2D detonation method to produce graphene since 2017. He led the project to successfully produce graphene at the rate of 1 kilogram per day.

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