Wednesday, November 18, 2020 7:55:02 PM
G6 Materials Provides Business Update
Focusing on air purification products, plus debt facility and stock option grant
Ronkonkoma, New York, USA - TheNewswire – October 21, 2020 - G6 Materials Corp. (“G6” or the “Company”) (TSXV: GGG, OTCQB: GPHBF), a technology company and world-leader in creating value through innovative graphene-based solutions, is pleased to provide the following business update regarding G6’s ongoing sale of air purification products, its recently announced debt facility as well as the board’s grant of stock options.
Air Purification Products
This year, the Company’s research and development team developed a graphene-based technology to create a proprietary, enhanced air filtration system (the “Enhanced Air Filtration System”). Subsequently, a provisional patent application was filed to protect the intellectual property (“IP”) rights for this technology.
Throughout the process of bringing the Enhanced Air Filtration System to market, G6 will strive to provide timely updates to shareholders and stakeholders in accordance with the following milestones:
• Completing product design
• Awarding the manufacturing contract
• Receiving the hardware and chemically processing the graphene-based materials
• Generating initial revenues from these products
• Leveraging this IP into licensing arrangements, research projects, etc.
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