VANCOUVER, British Columbia, Nov. 14, 2017 (GLOBE NEWSWIRE) — Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF) is pleased to announce that it hosted a business delegation on November 9th from Rushan City located in Shandong Province, China.
Nano One toured the delegation through the lab and pilot facility, explained its technology in detail and explored collaborative opportunities with the delegation. Shandong Province is committed to further developing its nanomaterials industry as it is one of the largest provinces involved in nanomaterials and graphene resources in China.
“We would like to thank the Rushan City delegation for their interest in exploring Nano One’s technology and in discussing potential business opportunities,” said Dr. Stephen Campbell, Principle Scientist at Nano One. “We are developing a manufacturing process for the production of lithium ion battery cathode materials and our pilot plant has made it possible to explore business opportunities in Chinese provinces like Shandong.”
Collaborative initiatives were presented and discussed with the aim of identifying possible strategic partnerships, joint ventures and co-development opportunities to expand Nano One’s activities in the Chinese nanomaterials sector with the support of Chinese funders.
Nano One continues to evaluate a number of global opportunities of this nature as it pursues the commercialization of its intellectual property.
Nano One Materials Corp.
Dan Blondal, CEO
For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca.
About Nano One:
Nano One Materials Corp (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program (ASIP) a program of Innovation, Science and Economic Development Canada (“ISED”). Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca
Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the receipt of grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the receipt of grant monies from SDTC, ASIP, NRC-IRAP and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.
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