Brisbane, Queensland, Australia–(ACN Newswire – December 11, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) (“GMG” or the “Firm”) is happy to supply a enterprise replace on the commercialisation progress of THERMAL-XR® Powered by GMG Graphene.

CUSTOMER ENGAGEMENT UPDATE

GMG continues to make progress in testing with firms in a number of industries for using THERMAL-XR® of their merchandise, together with on warmth sinks for electronics. Determine 1 reveals an aluminium warmth sink that’s generally utilized in electronics for eradicating warmth from printed circuit boards, electrical circuits and processing silicon chips, and that has been coated with THERMAL-XR®.

Determine 1: THERMAL-XR® Coated Electronics Warmth Sink

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HEAT SINK MINIATURISATION:

Third-party verified modelling demonstrates that making use of THERMAL-XR® to a warmth sink might cut back its measurement by as much as 39%, whereas sustaining equal thermal efficiency, providing the potential for weight and materials value financial savings. Determine 2 reveals that the utmost temperature reached by a warmth sink coated with THERMAL-XR® is 62 levels centigrade, 23% decrease than the utmost temperature of 80 levels Celsius reached by a warmth sink of equal measurement that has not been coated with THERMAL-XR®. Determine 3 reveals {that a} warmth sink coated with THERMAL-XR® that’s 39% smaller when it comes to width achieves the identical efficiency as a warmth sink that has not been coated with THERMAL-XR®.

Determine 2: Modelling of an Digital Warmth Sink with THERMAL-XR® coated on all sides, excluding the bottom, reveals a 23% discount in most temperature reached.

Determine 3: A warmth sink coated with THERMAL-XR® on all sides, excluding the bottom, that’s 39% smaller achieves the identical outcomes and temperature because the naked aluminium warmth sink depicted in Determine 1.

International Printed Circuit Board (PCB) manufacturing is projected^[1] to achieve 530 million sq. meters yearly by the 12 months 2030, or about 5.3 trillion printed circuit boards. As PCB density will increase, increased present hundreds result in extra warmth, with 5.2 billion models anticipated to require warmth sinks for cooling. THERMAL-XR® coated on the warmth sinks, enhances the warmth sink effectivity, enabling smaller warmth sinks and extra compact PCB assemblies. The whole quantity of THERMAL-XR® that might be used for this utility to enhance efficiency is 26.5 million litres each year by 2030, assuming 0.1% will use the coating.

GMG’s Managing Director and CEO, Craig Nicol, commented: “Warmth sinks are a important element of contemporary electronics, however they arrive with numerous challenges, particularly as units grow to be smaller, quicker, and extra highly effective. GMG’s THERMAL-XR® gives a possible answer in warmth sink miniaturization, enabling as much as 39% measurement discount whereas sustaining thermal efficiency. This has the potential to not solely minimize materials prices but in addition unlock new alternatives for compact and environment friendly electronics designs, addressing the rising thermal administration calls for of the worldwide printed circuit board market.”

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a singular methodology of enhancing the thermal warmth switch of warmth alternate surfaces. The method coats and protects warmth alternate surfaces whereas growing the warmth switch price by leveraging the physics of GMG Graphene, leading to an effectivity enchancment and a possible energy discount.

THERMAL-XR® is powered by GMG Graphene. PATENT PENDING

About GMG www.graphenemg.com

GMG is a clean-technology firm which seeks to supply vitality saving and vitality storage options, enabled by graphene, together with that manufactured in-house through a proprietary manufacturing course of. GMG has developed a proprietary manufacturing course of to decompose pure gasoline (i.e. methane) into its parts, carbon (as graphene), hydrogen and a few residual hydrocarbon gases. This course of produces top quality, low value, scalable, ‘tuneable’ and low/no contaminant graphene appropriate to be used in clean-technology and different purposes.

The Firm’s current focus is to de-risk and develop industrial scale-up capabilities, and safe market purposes. Within the vitality financial savings section, GMG has centered on graphene enhanced heating, air flow and air con (“HVAC-R”) coating (or energy-saving coating), lubricants and fluids.

Within the vitality storage section, GMG and the College of Queensland are working collaboratively with monetary assist from the Australian Authorities to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).

GMG’s 4 important enterprise aims are:

1. Produce Graphene and enhance/scale cell manufacturing processes
2. Construct Income from Power Financial savings Merchandise
3. Develop Subsequent-Technology Battery
4. Develop Provide Chain, Companions & Challenge Execution Functionality

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) settle for duty for the adequacy or accuracy of this information launch.

Cautionary Notice Concerning Ahead-Wanting Statements

This information launch consists of sure statements and data that will represent forward-looking data inside the that means of relevant Canadian securities legal guidelines. Ahead-looking statements relate to future occasions or future efficiency and replicate the expectations or beliefs of administration of the Firm concerning future occasions. Typically, forward-looking statements and data could be recognized by means of forward-looking terminology similar to “intends”, “expects” or “anticipates”, or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “could”, “might”, “ought to”, “would” or will “doubtlessly” or “seemingly” happen. This data and these statements, referred to herein as “ahead‐wanting statements”, aren’t historic details, are made as of the date of this information launch and embrace with out limitation, the development of testing and gross sales of THERMAL-XR® in a number of industries, the advantages of utilizing THERMAL-XR® on warmth sinks, the projected development of PCB manufacturing, and the variety of PCBs which would require warmth sinks sooner or later.

Such forward-looking statements are based mostly on a variety of assumptions of administration, together with, with out limitation, that the Firm will proceed to obtain curiosity in testing and shopping for THERMAL-XR® from a number of industries, that using THERMAL-XR® on warmth sinks will end in the advantages anticipated by administration, that using THERMAL-XR® will enable warmth sinks to be smaller whereas delivering equal thermal efficiency, that PCB manufacturing will develop as at the moment projected, and that the variety of PCBs requiring warmth sinks sooner or later will align with present estimates. Moreover, forward-looking data includes quite a lot of identified and unknown dangers, uncertainties and different components which can trigger the precise plans, intentions, actions, outcomes, efficiency or achievements of GMG to be materially completely different from any future plans, intentions, actions, outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Such dangers embrace, with out limitation: that the Firm is not going to proceed to obtain curiosity in testing and buying THERMAL-XR® from a number of industries, that THERMAL-XR® is not going to have the anticipated advantages when utilized to warmth sinks, that the dimensions of warmth sinks is not going to be decreased, that PCB manufacturing is not going to develop as anticipated, that PCBs is not going to require warmth sinks sooner or later, that THERMAL-XR® coated warmth sinks is not going to allow extra compact printed circuit board assemblies, that there is not going to be demand for THERMAL-XR® within the warmth sink market, dangers referring to the extent and period of the battle in Japanese Europe and its affect on world markets, the volatility of world capital markets, political instability, the failure of the Firm to acquire regulatory approvals, entice and retain expert personnel, sudden improvement and manufacturing challenges, unanticipated prices and the chance components set out beneath the heading “Danger Components” within the Firm’s annual data kind dated October 3, 2024 out there for overview on the Firm’s profile at www.sedarplus.ca.

Though administration of the Firm has tried to determine essential components that might trigger precise outcomes to vary materially from these contained in forward-looking statements or forward-looking data, there could also be different components that trigger outcomes to not be as anticipated, estimated or supposed. There could be no assurance that such statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers shouldn’t place undue reliance on forward-looking statements and forward-looking data. Readers are cautioned that reliance on such data will not be acceptable for different functions. The Firm doesn’t undertake to replace any forward-looking assertion, forward-looking data or monetary out-look which can be integrated by reference herein, besides in accordance with relevant securities legal guidelines. We search protected harbor.

^[1] Areas of PCB manufacturing projected from the supply, Prismark Printed Circuit Board Market Report 2021, web page 13

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Matter: Press launch abstract

Supply: Graphene Manufacturing Group Ltd

Sectors: Metals & Mining, Engineering, Manufacturing

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