Not for distribution to US newswire or dissemination in the US
Montreal, February 24, 2022 (GLOBE NEWSWIRE) — NanoXplore Inc. (TSX: GRA) (“NanoXplore” or “society“) Notices that the previously announced offering of 6,522,00 common stock purchase transactions from the Ministry of Finance has been closed (“).Common stock), At a price of $ 4.60 per common share (“Offer price”), With a total income of $ 30,001,200 (“Recruitment“).
This offering is from National Bank Financial Inc. And Canaccord Genuity Corp. jointly led by an underwriter syndicate. This includes Echelon Wealth Partners Inc., Raymond James Ltd., Stifel Nicolaus Canada Inc., Beacon Securities Limited and Cormark Securities. Inc. and Paradigm Capital Inc. (collectively, “Underwriter“).
We plan to use the net revenue of the offering for general corporate purposes. This may include pursuing potential acquisitions and funding growth strategies.
Common stock was provided in our Short Form Base Shelf Prospectus dated January 24, 2022, filed in all Canadian states, as a supplement to the prospectus dated February 17, 2022.
For more information on the above, please refer to our profile on SEDAR at www.sedar.com or contact our President and Chief Executive Officer at the coordinates below.
This press release does not constitute an offer to sell or solicit a purchase, nor does it sell securities in the United States or in any other jurisdiction where such offer, solicitation, or sale is illegal. Securities are not registered under the Securities Act of 1933 (revised) and the applicable U.S. State Securities Act, and in the United States unless there is an applicable exemption from registration or registration requirements under it. It cannot be offered or sold.
NanoXplore is a graphene company that is a manufacturer and supplier of large quantities of graphene powder for use in the transportation and industrial markets. The company offers standard and custom graphene reinforced plastics and composites to a variety of customers in the transportation, packaging, electronics, and other industrial sectors. NanoXplore is headquartered in Montreal, Quebec, with manufacturing facilities in North America and Europe.
Description of future prospects
This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities law. All statements, except historical fact statements, are forward-looking statements and are subject to risk and uncertainty. All forward-looking statements are based on our beliefs, as well as informed assumptions available at the time the assumptions were made, and management regarding past trends, current conditions and expected future developments of management. Experience and awareness, as well as the situation. There is no guarantee that these assumptions and expectations will be proven to be correct. Forward-looking statements are not facts, they are just predictions, and are generally “anticipate,” “believe,” “continue,” “potential,” “estimate,” “predict,” and “growth.” , “Expectations”, “Plans”, “Intentions”, “Forecasts”, “Future”, “Guidance”, “Potential”, “Forecasts”, “Projects”, “Should”, “Strategy”, “Goals” “”, “Will” or similar expressions suggesting future outcomes, and in this press release are related to the use of revenue from offerings.
Information about the future outlook does not guarantee future performance and involves many risks and uncertainties. Information about such future prospects necessarily includes known and unknown risks and uncertainties. This includes the relevant assumptions and risk factors described in NanoXplore’s latest annual management discussion and the analysis submitted to SEDAR at www.sedar.com, and the actual results of NanoXplore may differ. I have. Substantially from the prediction of future outcomes expressed or implied by information about such future prospects. These risks, uncertainties, and other factors include, among other things, the uncertain and unpredictable situation of the global economy, especially as a result of the Covid-19 pandemic. Forward-looking information was produced as of the date of this document and, unless required by law, NanoXplore may update or update forward-looking statements as a result of new information, subsequent events, etc. We shall not be obliged to revise it.
No securities regulator has approved or rejected the content of this press release.
For more information:
Chief executive officer
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