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Graphene Manufacturing Group Provides Quarterly ATM Sales Update
V.GMG | 52 minutes ago
BRISBANE, Australia, Oct. 1, 2025 /CNW/ - Graphene Manufacturing Group Limited (TSXV: GMG) ("GMG" or the "Company") provides a quarterly update with respect to the Company's previously announced "at-the-market" equity program (the "ATM Program") launched on July 11, 2025. The ATM Program allows the Company to issue and sell, from time to time, up to C$20,000,000 of its ordinary shares ("Ordinary Shares") from treasury to the public, at the Company's discretion, pursuant to an equity distribution agreement between the Company and Cantor Fitzgerald Canada Corporation (the "Agent").

During the quarterly period ended September 30, 2025, the Company issued a total of 632,800 Ordinary Shares on the TSX Venture Exchange (the "TSXV") at an average price of C$0.9553 per share under the ATM Program, providing gross proceeds of C$604,510.72. Commissions of C$18,135.32 were paid to the Agent in relation to these distributions, resulting in net proceeds to the Company of C$586,375.40.

For further details on the ATM Program, see the Company's news release dated July 11, 2025.