GMG Offers Enterprise Replace on Australian Federal Authorities Engagement

Brisbane, Queensland, Australia–(ACN Newswire – October 21, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Firm”) is happy to offer a enterprise replace on the federal government engagement progress for the Firm.

GMG continues to have interaction with varied members of Australian Federal Authorities together with a latest go to to the Australian Parliament in Canberra, Australia’s capital metropolis, to see the Honourable Senator Tim Ayres, Assistant Minister for Commerce and Assistant Minister for a Future Made In Australia, as seen in Determine 1, to debate GMG’s battery manufacturing progress and the way plenty of Federal Authorities insurance policies together with the Future Made in Australia Battery Breakthrough may doubtlessly help GMG.

Determine 1: GMG CEO and CFCO meet with Honourable Senator Tim Ayres

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GMG additionally met the Speaker of the Home of Representatives the Honourable Milton Dick, as seen in Determine 2, to share GMG’s progress since his go to to GMG’s Services in Richlands Queensland in 2023 when Milton formally opened the Graphene coating mix plant.

Determine 2: GMG CEO and CFCO meet with Speaker of the Home of Representatives Honourable Milton Dick

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GMG additionally met Queensland Senator the Honourable Anthony Chisholm, as seen in Determine 3, to share GMG’s progress since his go to to GMG’s Services in Richlands Queensland in 2022.

Determine 3: GMG CEO and CFCO meet with Senator the Honourable Anthony Chisholm

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GMG’s Managing Director and CEO, Craig Nicol, commented: “GMG continues to have interaction Authorities in any respect ranges, together with native, state and federal authorities, with the purpose to assist guarantee its main power saving and power storage merchandise align with authorities coverage to help the power transition.”

GMG’s Chairman and Director, Jack Perkowski, commented: “We imagine that Engagement with Authorities is necessary within the very dynamic markets GMG is concentrated on promoting its product into, and we plan to proceed participating with Authorities as insurance policies are rolled out in varied key markets world wide.”

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a singular methodology of enhancing the conductivity of corroded warmth trade surfaces and enhancing and sustaining the efficiency of latest items at peak ranges. The method coats and protects warmth trade surfaces whereas enhancing and rebuilding the misplaced corroded thermal conductivity and growing the warmth switch price by leveraging the physics of GMG Graphene, leading to an effectivity enchancment and a possible energy discount.

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

About GMG www.graphenemg.com

GMG is a clean-technology firm which seeks to supply power saving and power 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 fuel (i.e. methane) into its components, carbon (as graphene), hydrogen and a few residual hydrocarbon gases. This course of produces top quality, low price, scalable, ‘tuneable’ and low/no contaminant graphene appropriate to be used in clean-technology and different functions.

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

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

GMG’s 4 crucial enterprise goals are:

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

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

Cautionary Observe Relating to Ahead-Wanting Statements

This information launch consists of sure statements and data which will represent forward-looking info inside the which means of relevant Canadian securities legal guidelines. Ahead-looking statements relate to future occasions or future efficiency and mirror the expectations or beliefs of administration of the Firm concerning future occasions. Typically, forward-looking statements and data might 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 “might”, “may”, “ought to”, “would” or will “doubtlessly” or “seemingly” happen. This info and these statements, referred to herein as “ahead‐wanting statements”, should not historic information, are made as of the date of this information launch and embody with out limitation, the potential for Federal Authorities insurance policies to help GMG, the Firm’s perception that Engagement with Authorities may help GMG and assist guarantee its merchandise align with authorities coverage to help the power transition, the potential for THERMAL-XR® to allow power producers to supply extra power extra effectively, the Firm’s objective of reaching optimum manufacturing line efficiency for THERMAL-XR® and the getting into of full manufacturing.

Such forward-looking statements are based mostly on plenty of assumptions of administration, together with, with out limitation, assumptions that Federal Authorities insurance policies may help GMG, that Engagement with Authorities may assist help GMG and assist guarantee its merchandise align with authorities coverage to help the power transition, assumptions concerning the event of extensions and enhancements to the THERMAL-XR® portfolio right into a wider vary of functions, that power producers will have the ability to derive the anticipated advantages from the Firm’s merchandise, and that the Firm will have the ability to obtain optimum manufacturing line efficiency for THERMAL-XR® and enter full manufacturing. Moreover, forward-looking info entails a wide range of recognized and unknown dangers, uncertainties and different components which can trigger the precise plans, intentions, actions, outcomes, efficiency or achievements of GMG to be materially totally different from any future plans, intentions, actions, outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Such dangers embody, with out limitation: that Federal Authorities insurance policies don’t help GMG to the prolong anticipated or in any respect, that Engagement with Authorities doesn’t help GMG and/or doesn’t guarantee its merchandise align with authorities coverage to help the power transition to the prolong anticipated or in any respect, that there shall be no developments of extensions or enhancements to the THERMAL-XR® portfolio right into a wider vary of functions, that power producers won’t derive the anticipated advantages from the Firm’s merchandise, that the Firm shall be unable to attain optimum manufacturing line efficiency for THERMAL-XR® or enter full manufacturing, dangers regarding the extent and length of the battle in Japanese Europe and its influence on world markets, the volatility of worldwide capital markets, political instability, the failure of the Firm to acquire regulatory approvals, appeal to and retain expert personnel, surprising improvement and manufacturing challenges, unanticipated prices and the chance components set out underneath the heading “Threat Components” within the Firm’s annual info type dated October 3, 2024 accessible for evaluate on the Firm’s profile at www.sedarplus.ca.

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