GX Technologies’ assets include but are not limited to a cooperative R&D agreement with the US Army Corps of Engineers to develop graphene oxide-based membranes for use in nanofiltration and an option to acquire an advanced industrial development site in Natchez, Mississippi to enable industrial-scale production;
The GX Technologies management team has raised over US$500,000,000 in equity funding from public markets, including US$63,000,000 raised on the Nasdaq in 2020;
Access to serious capital and the Nasdaq in the future...
Up to $5,000,000 via a non-brokered equity financing;
Units being offered at a price of $0.20 per unit;
Each unit consists of one common share of G6 and one-half of one warrant to purchase a common share of G6 at a price of $0.30 for a period of 2 years from the closing date of the Offering;
Proceeds of the Offering are expected to be used primarily for the rapid expansion of a pilot facility to produce graphene oxide in Long Island, New York, to progress the cooperative R&D agreement with the US Army Corps of Engineers as well as general working capital purposes;