Mason Graphite has announced the launch of Black Swan Graphene Inc., and the execution of a Definitive Agreement pursuant to which Mason Graphite has agreed, through Black Swan Graphene, to purchase strategic assets related to a patented graphene processing technology from Thomas Swan, a leading UK-based specialty chemical company.
On closing of the joint-venture Transaction, Mason Graphite and Thomas Swan will own respectively 66.67% and 33.33% of Black Swan Graphene, which is expected to proceed to a going-public transaction in the coming months.
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Graphene applications, Graphene production