HydroGraph Clean Power, a Canada-based company that was formed to fund and commercialize green, cost-effective processes to manufacture graphene, hydrogen and other strategic materials in bulk, has announced that it has closed a private placement for gross proceeds of CAD$6,505,000 (over USD$5,372,000) led by PowerOne Capital Markets Limited and Haywood Securities. HydroGraph is in the process of pursuing a direct listing on the Canadian Securities Exchange.
The proceeds of the Financing will enable HydroGraph to commercialize its patented hydrogen and graphene manufacturing technology and market the end products. The Company is building a new commercial manufacturing facility which will be able to mass-produce HydroGraph’s competitive, high quality, green products.
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Graphene investing and financials, Graphene production