Graphene Manufacturing Group (GMG) will issue roughly 6.5 million shares to a private investor at CA$2.15 (about US$1.53) each in a private placement raising approximately US$10 million. The raise is subject to TSX Venture Exchange approval and is expected to close on or about September 23, 2026.
GMG said it intends to use the net proceeds to scale up its graphene and liquid graphene production capacity, expand battery cell production capacity, commercialize its liquid graphene products, and for working capital and general corporate purposes.
Graphene Manufacturing Group (GMG) will issue roughly 6.5 million shares to a private investor at CA$2.15 (about US$1.53) each in a private placement raising approximately US$10 million. The raise is subject to TSX Venture Exchange approval and is expected to close on or about September 23, 2026.
GMG said it intends to use the net proceeds to scale up its graphene and liquid graphene production capacity, expand battery cell production capacity, commercialize its liquid graphene products, and for working capital and general corporate purposes.
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