NanoXplore Inc is now a public company, says Mason Graphite

Mason Graphite announced that NanoXplore Inc is now a public company and its shares began trading on the TSX Venture under the symbol "GRA".

Must Read

How to choose an effective DDoS mitigation plan

There are several flavours from which to choose when selecting an effective DDoS mitigation strategy. Most enterprises opt for one of the protection flavours (always-on or on-demand)

How tech bolster security of online gaming platforms

The rise of online and is evident throughout the world’s financial capitals with the UK, US, and a few other European nations at the forefront

Explained: The evolving nature of cybersecurity threats

Concerns such as hacking and the presence of computer viruses have existed for decades in one form or another. As technology evolved over the years, so did the cybersecurity  threats themselves.

Mason Graphite announced that NanoXplore Inc is now a public company and its shares began trading on the TSX Venture under the symbol “GRA”. NanoXplore became a public company following a Reverse Take-Over (“RTO”) transaction with Graniz Mondal Inc. and the concurrent closing of a $9,697,082 equity financing with various institutions, which was done at a price per share of $0.45, giving NanoXplore an initial market capitalization of $36,332,260. Following this financing, Mason Graphite‘s ownership stands at 25% of NanoXplore.

Management of Mason Graphite said it sees definite potential for growth in NanoXplore and a lot of synergies in the partnership in place. Mason Graphite is the sole supplier of graphite to NanoXplore and is also a sales, marketing and distribution agent. Furthermore, both companies are working closely together based on a Laboratory Service Agreement and an exclusive License Agreement for certain processes which were established in 2015.

NanoXplore is a graphene company, a manufacturer and supplier of high volume graphene powder for use in industrial markets as well as standard and custom graphene enhanced thermoplastic products to many customers in transportation, packaging, electronics and other industrial sectors.

Mason Graphite is a Canadian mining and processing company focused on the development of its 100% owned Lac Guéret natural graphite deposit located in northeastern Québec. The Company is led by a team that has over five decades of experience in graphite production, sales, and research and development.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

Leave a Reply

*The moderation of comments is automated and not cleared manually by techobserver.in. Embedding of any link and use of abusive or unparliamentary language are prohibited.
- Advertisement -

Latest in TECH

Sapience Analytics signs distribution agreement with Redington

Sapience Analytics and Redington said that they have entered into a distribution agreement where latter will resell the Sapience Vue solution through its network of over 30,000 channel partners, system integrators, and value-added resellers countrywide.
- Advertisement -SAP Hana

Related Articles