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Brisbane, Queensland, Australia–(Newsfile Corp. – October 30, 2023) – Graphene Manufacturing Group Limited (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® powered by GMG Graphene.

GMG has now received forward orders of over AU$400k for THERMAL-XR® from various distributors and customers worldwide. Most of the value of these orders is conditional on the in-country approval for the THERMAL-XR® to be imported from Australia and sold into that country for the product's initial launch.

The Company also continues to progress negotiations with a wide range of distributor and direct industrial end-use customers for a range of applications and hopes to make further announcements soon.

Preparations for the early 2024 product launch in the USA by Nu-Calgon are advanced with marketing, sales and customer engagement activities well progressed supported by continuing demonstrations of successful energy savings results. A recent demonstration project in Texas achieved an estimated 36% energy savings result, as per Figure 1. The air conditioner serviced was a 30-ton Aaon packaged rooftop air-conditioning system, as per Figure 2.

Figure 1.0 Energy Consumption Reduction from Thermal-XR® Service

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/185596_gmg1en.jpg

Figure 2.0 Air Conditioning Equipment for Texas Demonstration Project

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/185596_gmg2en.jpg

THERMAL-XR® is progressing through the USA Environmental Protection Agency's (EPA) approval process to import and sell in the USA. All the required documentation has been submitted, and the EPA has assigned a case number as part of the thorough evaluation of the product's safety and environmental impact. The Company believes the potential approval will be received in Q4'23.

To support distributors, and advance the adoption and ease of explanation for THERMAL-XR® GMG has developed an online virtual tour of the THERMAL-XR® Demonstration Centre on its website:www.graphenemg.com/graphene-products/thermal-xr/virtual-tour/

GMG has also successfully passed Stage One (Gap Analysis) of the ISO 9001 accreditation process and is on track to complete the final stages and receive full accreditation for ISO9001, for Quality Management, in H1 2024. GMG sees ISO 9001 accreditation as an important table stake to become a commercial manufacturing operation for our energy saving and energy storage products while also providing a structured basis for continuous improvement for our company's operations and customer satisfaction.

GMG's Managing Director and CEO, Craig Nicol, commented: "The progress GMG is making is exciting. End customers and distributors are now starting to generate notable revenue for the Company, and our THERMAL-XR® product is now starting to be recognised as being an energy-savings solution for Heating, Ventilation, Air-Conditioning, Cooling and Refrigeration (HVAC-R) equipment as well as a range of industrial applications. We continue to build capabilities to support these expected increased sales by upgrading our production facilities including our quality management systems."

GMG's 4 critical business objectives remain to:

Produce Graphene and improve/scale the production process

Build Revenue from Energy Savings Products

Develop Next-Generation Battery

Develop Supply Chain, Partners & Project Execution Capability

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the progression of end-user engagement in the United States, the official NuCalgon launch and the timing thereof, the impact of case studies on establishing the North American user experience with THERMAL-XR®, the advancement of GMG's ISO 9001 accreditation and the timing and benefits therefrom, the progression of THERMAL-XR® through the Environmental Protection Agency's approval process, and the recognition of THERMAL-XR® as an energy savings alternative for HVAC-R equipment.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions relating to the timing and benefits of the expected official NuCalgon launch, the impact of case studies on establishing the North American user experience with THERMAL-XR®, that positive energy savings results will drive user engagement in the United States, that GMG will obtain its ISO 9001 accreditation on the expected timeline and derive the expected benefits therefrom, that THERMAL-XR® will progress through the Environmental Protection Agency's approval process on the expected timeline, and that recognition of THERMAL-XR® as an energy savings alternative in the HVAC-R market is increasing. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the expected official NuCalgon launch will not occur in early 2024 or at all, that the Company's case study will not help establish a North American user experience with THERMAL-XR®, that THERMAL-XR®'s energy saving results will not drive user engagement as currently expected by management, that GMG will not obtain its ISO 9001 accreditation in H1 2024 or at all, that THERMAL-XR® will not be approved by the Environmental Protection Agency by Q4 2023 or at all, that THERMAL-XR® will not be seen as an energy savings alternative in the HVAC-R market, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 18, 2022 available for review on the Company's profile at www.sedarplus.ca.

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. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185596

Graphene Manufacturing Group (CVE:GMG) Full Year 2023 ResultsKey Financial Results

Net loss: AU$9.32m (loss narrowed by 21% from FY 2022).
AU$0.12 loss per share (improved from AU$0.15 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Graphene Manufacturing Group Earnings Insights

Looking ahead, revenue is forecast to grow 69% p.a. on average during the next 3 years, compared to a 32% growth forecast for the Electrical industry in Canada.

Performance of the Canadian Electrical industry.

The company's shares are down 3.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for Graphene Manufacturing Group (of which 1 is concerning!) you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Brisbane, Queensland, Australia–(Newsfile Corp. – September 11, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a progress update on its Graphene Aluminium-Ion Battery technology ("G+AI Battery") being developed by GMG and the University of Queensland ("UQ"), and on the transition from coin cells to pouch cell format.

The Company has now made initial G+AI Battery prototype pouch cells (see Figure 1), which have a storage capacity of over 500 mAh, with a nominal voltage of ~ 2 volts. This is a significant development as it shows the Company has matured the battery electro-chemistry and assembly techniques of producing pouch cells with over 10 layers of graphene coated cathode and aluminium foil anode.

Figure 1: Typical G+AI Battery Pouch Cell Prototype

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/180189_gmg1_550.jpg

The next step for the Company is to optimise the assembly techniques of the pouch cell prototypes. This is to achieve repeatable storage capacity of over 500 mAh cells in order to conduct a variety of standard testing conditions for comparative purposes. The Company then intends to pursue producing cells with over 20 double-layers to get a storage capacity of 1000 mAh by using an automatic coating machine, cathode laser cutting equipment, and a semi-automatic stacker, to achieve reproduceable cells for validation trials.

The aforementioned reproduceable cells is to meet an objective for the Rio Tinto Joint Development Agreement. This target is to achieve a repeatable capacity of 1000 mAh by H1 2024 and then produce this pouch cell at scale by H1 2025.

Figure 2: GMG Pouch Cell Prototype Development Process

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/180189_gmg2.png

Battery Technology Readiness Level

The battery technology readiness level ("BTRL") of the Graphene Aluminium-Ion technology has progressed to Level 4 (see Figure 3). GMG is currently optimizing electrochemical behaviour for pouch cells via ongoing laboratory experimentation.

Figure 3: Battery Technology Readiness Level

Source: “The Battery Component Readiness Level (BC-RL) Framework: A technology-specific development framework”, Matthew Greenwood et al

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/180189_gmg3.png

Next Steps Toward Commercialisation & Market Applications

The Company continues to see a broad range of applications for a completed GMG Graphene Aluminium Ion Battery – utilising its ultra-high power-density and nominal energy density characteristics. A range of global companies have confidentially expressed their interest in working with GMG in the following vertical sectors:

– Diesel engine replacement (high load and power requirements)

– Energy storage (in front of, or behind the meter)

– Personal electronics (fast charging and long life)

– Aviation (including vertical take-off and landing)

– Electric vehicles

– Other applications

Next Generation Battery Performance

GMG's next generation Graphene Aluminium Ion Battery performance data (as tested and calculated on coin cells), as compared to the most commonly available lithium-ion batteries, is shown below in Figure 4, with a list of its beneficial characteristics.

Performance results for the pouch cells could be significantly different and will be communicated upon successfully producing a 1000 mAh+ battery pouch cell, and testing has been completed.

Figure 4: Graphene Aluminium Ion Battery Comparative Performance Data (for coin cells)

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/180189_787c8634f4c2f806_005full.jpg

GMG's 4 critical business objectives are:

Produce Graphene and improve/scale cell production processes

Build Revenue from Energy Savings Products

Develop Next-Generation Battery

Develop Supply Chain, Partners & Project Execution Capability

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

www.graphenemg.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements relating to the testing and validation of the graphene quality produced in the Company's production process, the economical sustainability of scaling the graphene and battery production processes, the ongoing improvement of graphene quality from the GMG graphene production process and the G+AI Battery performance, the engineering and development of the coin cell and pouch cell with respect to the current battery performance estimates and calculations, the timing and considerations of potential FIDs, anticipated timelines for commercial production, anticipated next steps for the further development of the Company's products, the development and viability of GMG's production facilities, and the location of GMG's production facilities. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, including, but not limited to, the deployment of the Company's resources, that the Company will not be able to test or validate the battery grade quality of graphene needed for its products, that it will not be economically sustainable to scale the graphene or battery manufacturing processes, that the quality of the graphene manufactured by GMG and the performance of the G+AI Battery will not set out to be as estimated, calculated or improve, that the Company will not be able to further develop the coin cell and pouch cell technologies, and the timing or results of any FID. Such risk factors may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, assumptions regarding the Company's ability to research, develop and test its products within anticipated timelines, and that results of testing and development data will be consistent with anticipated results and estimates, and the market demand for the Company's products. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/180189

Brisbane, Queensland, Australia–(Newsfile Corp. – August 28, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to outline important commercialisation progress and sales development of THERMAL-XR® powered by GMG Graphene.

THERMAL-XR® powered by GMG Graphene

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/178644_57b4434074bb08bd_001full.jpg

THERMAL-XR ® Coating Blending Project | Initial Production & Capabilities

The Company is pleased to announce that it has commissioned its graphene enhanced coating blending plant and it is now operational after making its first 1000 litre blend. This blending plant is expected to have the capacity to produce up to 500,000 litres of THERMAL-XR® RESTORE® coating per annum, subject to graphene production, when operating two blends per eight hour shift, 250 days per year. This capacity enables future service growth well into the future.

GMG Projects & Operations Staff involved in commissioning the first 1000 litre of THERMAL-XR® RESTORE

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/178644_graphenefig2.jpg

GMG has also installed laboratory facilities for quality and control requirements and progressing research and development, to extend and enhance the THERMAL-XR® portfolio into additional industries and applications.

GMG's Managing Director and CEO, Craig Nicol, commented: "We are very excited to commission our own blend plant and to have manufactured 1000 litres of THERMAL-XR® RESTORE as part of our distributor's initial orders, which are subject to in-country regulatory approvals. This is an important step to becoming a globally recognised manufacturer and marketer of energy-saving products."

Since the February 2023 Australian Government approval for GMG to produce and sell TXR at scale, the Company has intensified sales activities that have resulted in distribution agreements in North America, Singapore, Thailand, Indonesia, and South Korea to the Heating, Ventilation and Air-Conditioning-Refrigeration (HVAC-R) market. Furthermore, wider potential industries are being assessed including energy savings applications in Data Centres and for Energy Producers e.g. Liquified Natural Gas Plants, where THERMAL-XR® has the potential to increase production capacity and energy efficiency.

Important initial and forward sales orders have been received from HVAC-R distributors and these are being reviewed against their market introduction timelines and their local country approvals. The application to the USA’s Environmental Protection Agency (EPA) for approval of THERMAL-XR® with all the supporting scientific testing is to be submitted shortly with a statutory 30-day review period. Given the number of approved graphene material products, the Company is confident of an approval.

Total forward sales orders received to date will be communicated to the market in a forth coming update.

The Company has received and is assessing requests by various parties to be Distributors around the world – especially in Europe and Asia for the HVAC-R market. The Company is also working with various large companies on the potential use of THERMAL-XR® in vehicle radiators, solar cells and industrial applications. The Company believes the LNG industry remains a highly attractive opportunity for the use of THERMAL-XR® given the large potential economic and environmental benefit it could provide for LNG plants. A testing program with LNG producers is in the process of being developed and implemented.

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the expected benefits and capabilities of the blending plant, including its ability to produce up to 500,000 litres of THERMAL-XR® RESTORE® per annum and that it will service growth well into the future, the developments of extensions and enhancements to the THERMAL-XR® portfolio into a wider range of applications, the potential for THERMAL-XR® to enable energy producers to produce additional energy more efficiently, the continuous requests of parties to be Distributors around the world, the large comparative benefit the use of Thermal XR® could provide for LNG plants, and the timing and communication of forward sales orders to the market.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions regarding the ability of the blending plant to produce up to 500,000 litres of THERMAL-XR® RESTORE® per annum and service growth well into the future, the development of extensions and enhancements to the THERMAL-XR® portfolio into a wider range of applications, that energy producers will be able to derive the expected benefits from the Company's products, parties continuing to request to be Distributors around the world, the expected benefits that Thermal XR® could provide for LNG plants, and that the Company will communicate its forward sales orders to the market shortly. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the blending plant will not have the capacity to produce up to 500,000 litres of THERMAL-XR® RESTORE® per annum or be able to service growth well into the future, that there will be no developments of extensions or enhancements to the THERMAL-XR® portfolio into a wider range of applications, that parties will not continue to request to be Distributors, that Thermal XR® will not provide comparative benefits for LNG plants, that the Company will not communicate its forward sales orders on the expected timeline, if at all, that energy producers will not derive the expected benefits from the Company's products, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 18, 2022 available for review on the Company's profile at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/178644

Brisbane, Queensland, Australia–(Newsfile Corp. – July 28, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to advise that Scott Richardson has been appointed Interim Chief Financial Officer (CFO) effective 31 July, 2023. The Company is also pleased to advise that the executive search for a permanent CFO is progressing well following the 26th May, 2023 announced departure of the current CFO Frederick Kotzee effective 31 July, 2023.

Scott comes with Interim CFO role experience drawing on over 20 years of finance leadership roles including as CFO, Financial Controller and other financial roles in publicly listed and private companies – including Austin Engineering, Downer Mining, Cleanaway, Macarthur Coal, BGW Group, quantum crypto key company Quintessence Labs and cloud marketing technology company XPON. Scott has a Bachelor of Business (Accounting), Graduate Diploma of Business Administration and is a CPA.

The Company is also pleased to appoint Andrew Small as a Director effective 31 July 2023. Andrew was a Founder and Director of Innogence, a SAP Business Intelligence consultancy in Australia which following significant growth was acquired by the Japanese multinational company NTT Data. Andrew has supported and invested in GMG since 2017, remains a significant shareholder of the Company and is committed to actively supporting the Company's drive to deliver on its plans and set it up for the next stage of maturity. Andrew has a Bachelor of Engineering (Manufacturing Systems) and a Bachelor of Business (Marketing) from Queensland University of Technology.

GMG's CEO Craig Nicol stated, "I'm looking forward to Scott's contributions to a wide range of finance and business areas to support GMG's ongoing development. I am very happy to see Andrew joining the board with his entrepreneurial mindset as we mature into commercial operations. I look forward to working with both of them as we expect to progress the company through a range of planned near term milestones including ramping up TXR sales, meeting our Battery development milestones, and starting up our new graphene manufacturing expansion plant and Thermal XR blending plant over the next 6 months."

Guy Outen, GMG's Chair added, "I'm delighted to welcome Scott and Andrew to GMG. Scott's past Interim CFO and CFO successes in listed companies' reporting, debt and equity financings, and a wide range of finance responsibilities will support continued progress by the Company. I am also very pleased to welcome Andrew to the board as his strong commercial 'scale up' experience will be a great asset over the upcoming high opportunity period for GMG"

GMG's 4 critical business objectives remain to:

Produce Graphene and improve/scale the production process

Build Revenue from Energy Savings Products

Develop Next-Generation Battery

Develop Supply Chain, Partners & Project Execution Capability

About GMG

GMG is a disruptive Australian-based clean-tech company listed on the TSXV (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company's proprietary process, GMG can produce high quality, scalable, 'tuneable' and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets. The Company is pursuing additional opportunities for GMG Graphene, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance of lubricant oil and performance enhanced HVAC-R coating system.

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

www.graphenemg.com

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the effective date on which Mr. Kotzee will be leaving the Company, the effective date on which Mr. Richardson will become the Interim Chief Financial Officer (ICFO), the effective date on which Mr. Small will become a director, the contributions Mr. Richardson will make to the company in his capacity as ICFO, the duration of Mr. Richardson's service as ICFO, the maturation of the Company into commercial production, the timing and success of starting up the Company's new graphene manufacturing expansion plant and Thermal XR blending plant, and the ongoing executive search for a new CFO.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things risks relating to the effective date on which Mr. Kotzee will be leaving the Company, the effective date Mr. Richardson will become the ICFO, the effective date Mr. Small will become a director, Mr. Richardson's contributions as ICFO differing from management's current expectations, Mr. Richardson not retaining the position of ICFO until a new CFO is found and appointed, the Company not maturing into commercial operations on the expected timelines, if at all, the Company failing to achieve its planned milestones around starting up GMG's new graphene manufacturing expansion plant and Thermal XR blending plant on the timelines contemplated, if at all, and that the ongoing executive search for a new CFO will be unsuccessful or prolonged.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the effective date on which Mr. Kotzee will be leaving the Company, the effective date Mr. Richardson will become the ICFO, the effective date Mr. Small will become a director, the positive impact that Mr. Richardson, as the ICFO, will have on the Company's development, Mr. Richardson retaining the position of ICFO throughout the ongoing executive search for a new CFO, the Company maturing into commercial production, the timing and content of milestones around the Company's new graphene manufacturing expansion plant and Thermal XR blending plant, and that the ongoing executive search for a new CFO will be successful.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/175196

Brisbane, Queensland, Australia–(Newsfile Corp. – July 27, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG has signed a THERMAL-XR® distribution agreement with Nu-Calgon Wholesaler, Inc ("Nu-Calgon"). Nu-Calgon is the leading Heating Ventilation Air Conditioning, and Refrigeration (HVAC-R) specialty chemical supplier in North America and will partner with GMG to provide THERMAL-XR® to the HVAC-R markets in the United States of America, Mexico, Canada and the Caribbean.

Nu-Calgon, formerly Calgon Corporation and Calgon Vestal Laboratories, has been a leader in North America's HVAC-R aftermarket for over 70 years. It is strategically headquartered in St. Louis, Missouri, where it distributes its products to thousands of distribution and stocking locations. THERMAL-XR® allows Nu-Calgon to continue distributing HVAC-R coatings to their existing distributors with the added value of graphene-enhanced superior heat transfer and corrosion protection.

GMG is in the process of obtaining USA EPA approval for the THERMAL-XR® and is reviewing the requirements for Canada, Mexico and the Caribbean countries.

GMG's Managing Director and CEO, Craig Nicol, stated: "We are excited to work with one of the best HVAC-R speciality chemical companies in the North America market with the goal of increasing revenue from our Energy Savings solutions – one of our key objectives for 2023. Nu-Calgon has a great distribution network, a system to train contractors and deploy THERMAL-XR® and many years of industry experience. Both parties plan to announce the partnership in more detail as the formal launch date is finalised later this year. I commend the GMG team led by Mark Lock, the General Manager of Sales and GMG's North American Representative Steve Hutchcraft, for their leadership."

DeWight Wallace, Nu-Calgon's President, commented: "We are very pleased to work with GMG on introducing the THERMAL-XR® product into the HVAC-R markets for North America – We are always looking for new and innovative technologies and solutions for the HVAC-R market. Thermal-XR is a great fit and will help contractors provide real energy savings to the end user. We are excited to launch this product through our existing distribution network in early 2024 and look forward to providing its Energy-Saving opportunities for our customers."

Figure 1

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/175052_7df32eaf342c1aae_001full.jpg

GMG's 4 critical business objectives are:

Produce Graphene and improve/scale production process

Build Revenue from Energy Savings Products

Develop Next-Generation Battery

Develop Supply Chain, Partners & Project Execution Capability

About Nu-Calgon (www.nucalgon.com)

Nu-Calgon supplies a complete line of specialty chemical products for the HVACR aftermarket that includes: coil cleaners, leak sealants, air purifiers and refrigeration oils, water treatment, ice machine maintenance, and other specialty applications. These products are marketed to air conditioning, heating, refrigeration, and plumbing wholesalers, food service/restaurant suppliers and OEMs.

Nu-Calgon has dedicated factory sales professionals located across the United States and Canada, providing many years of sales and product experience. A state-of-the-art order entry system accesses the Nu-Calgon inventory at the centralised distribution center, enabling prompt, accurate order processing and complete order shipment within 24 hours.

About GMG (www.graphenemg.com)

GMG is a clean-technology company that seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

For further information, please contact:

Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the continued engagement and collaboration with Nu-Calgon pursuant to the distribution agreement, Nu-Calgon's plan to purchase GMG's THERMAL-XR® for resale in HVAC-R markets in the United States of America, Mexico, Canada and the Caribbean, the ability of GMG to obtain EPA approval for TXR sales in the USA, the ability of the distribution agreement with Nu-Calgon to result in the benefit's management expects, Nu-Calgon's plans to launch THERMAL-XR in early 2024, the timing and content of future announcements relating to GMG and Nu-Calgon's partnership, and the Company's and Nu-Calgon's planned or contemplated business, development, and activities and the timelines relating thereto. These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions regarding the continued engagement with Nu-Calgon pursuant to the distribution agreement, the plans for Nu-Calgon to purchase GMG's THERMAL-XR® for resale in HVAC-R markets in the United States of America, Mexico, Canada and the Caribbean, the ability of GMG to obtain EPA approval for TXR sales in the USA, the ability of GMG to sell THERMAL-XR in Canada, Mexico, and Caribbean countries, the expected benefits of the engagement with Nu-Calgon pursuant to the distribution agreement, the expectation for Nu-Calgon to launch THERMAL-XR in early 2024, that the timing and content of future announcements regarding GMG and Nu-Calgon's partnership will align with management's expectations, and the feasibility of the Company and Nu-Calgon achieving the planned or contemplated business, development, and activities and the timelines relating thereto. Additionally, forward-looking information involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: the engagement with Nu-Calgon pursuant to the distribution agreement will not continue as expected, the results of the distribution agreement with Nu-Calgon will differ from current expectations, Nu-Calgon will not purchase GMG's THERMAL-XR® for resale in HVAC-R markets in the United States of America, Mexico, Canada and the Caribbean, GMG will not be able to obtain EPA approval for TXR sales in the USA, the Company will be unable to sell TXR in Canada, Mexico and various parts of the Caribbean, the Company will not benefit from the Nu-Calgon distribution agreement as expected, Nu-Calgon may not launch THERMAL-XR on its expected timeline, the Company's current business objectives and business focus may change, the Company and Nu-Calgon may not achieve the planned or contemplated business, development, and activities and the timelines relating thereto, customer interest and market demand for the use of THERMAL-XR® products will not be as expected, public health crises such as the COVID-19 pandemic may adversely impact the Company's business and the ability of Nu-Calgon to distribute the Company's products as anticipated, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 18, 2022 available for review on the Company's profile at www.sedar.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/175052

Brisbane, Queensland, Australia–(Newsfile Corp. – May 26, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide an update as to relevant changes following the recent Battery Joint Development Agreement (JDA) with Rio Tinto (17th May 2023) and the growing sales of Energy Saving products. These changes are designed to further align development activities and support the progression of the Battery JDA and the ongoing expansion of Thermal-XR sales following the recently announced distribution agreements (24th May 2023).

The Company had been working in parallel to progress its Graphene Aluminium Ion Battery technically while also seeking feedback from customers as to the highest priority applications. It became clear that pouch cell, rather than coin cell, batteries were of greatest interest to potential key customers. It is also clear that the progression of the battery from the current Battery Technology Readiness Level (BTRL) Level 2-3, (Scientific Proof of Concept into Electrochemical Development) could be accelerated by having key potential customer partners help define operating and design characteristics.

Figure 1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/167657_6db1225214b69ae7_001full.jpg

The JDA with Rio Tinto crystalises both elements of obtaining feedback from customers and progressing the battery's technical development. It further provides a clear development roadmap including use specifications, development targets. In the battery industry it typically takes 3 years or more to move from Phase 1 to Phase 3 when using existing battery production manufacturing systems, materials and equipment as GMG expects to utilise.

GMG is currently making single layer pouch cells to proceed to a 5 layer pouch cell testing and expects to have a >25 Layer Pouch Cell Prototype by H1 2024.

Figure 2To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/167657_gmg2en.jpg

In the context of this strategic move, the Company is aligning its organisation by having all scientific, product development and operations teams combined under the Chief Operating Officer. The mandate for the sale of all products is now the responsibility of the General Manager Sales. This will provide a stronger battery deep science to product performance linkage, prioritise activities and leverage learning across all product performance and also a streamlined engagement with customers with a single point of call for all products.

In addition, the Chief Financial Officer, Frederick Kotzee, after leading a successful raise last year and supporting the company's strategic steps of establishing sales and selecting a battery development focus, has decided to leave the company and resign as a Director due to a desire to move back to the resources sector and/or more flexible work arrangements effective on 31 July 2023 and hence the company has commenced an executive search for his replacement. We thank Frederick for all his work to get us into our current position over the previous year and we wish him well in his future endeavours.

The Company has also recently secured an additional 1,200 square metres of laboratory, storage and office space adjacent to the existing factory, to support the increasing analysis and development work needed for ongoing battery development. The additional facilities will also improve logistics for production, storage and dispatch of anticipated TXR and Lubricants sales, and support the technical development of potential new applications for energy saving TXR and Lubricants.

The previously announced upgraded, expanded and relocated Phase 1 graphene manufacturing project is underway, although completion is expected to be delayed until the second half of 2023. Costs have also increased to around A$2m, as a result of inflation and some scope changes. The Company is also considering further upgrade to its Battery Development Centre (BDC) and related equipment, including any relevant needs arising from the Rio Tinto JDA.

GMG's 4 critical business objectives remain to:

Produce Graphene and improve/scale the production process

Build Revenue from Energy Savings Products

Develop Next-Generation Battery

Develop Supply Chain, Partners & Project Execution Capability

About GMG

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

www.graphenemg.com

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding sales growth in the Company's energy saving products including Thermal-XR, market demand for the Company's products, the Company's focus on developing certain products, the value of the JDA including its impact on progressing the battery's technical development generally and along the BTRL, the advantages of the strategic realignment of the organisation, and the expected benefits of the additional facilities on battery development and the production and sales of TXR and lubricants.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things that the JDA will not result in the benefits management expects, that the Company's products will not develop as expected, that the impact of the JDA and the partnership with Rio Tinto will differ from management's expectations, that the strategic realignment of the organisation will not result in the advantages management expects, that the additional facilities will not enable improved production and sales of TXR and lubricants, changes to regional and global market trends, that the Company will be unable to research, develop and produce certain products and technologies, and risks related to the deployment of the Company's resources.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's development of certain products, the market demand for the Company's products, the JDA and the expected benefits thereof, the advantages that will be derived from the strategic realignment of the organisation, the impact of the additional facilities acquired and its role in developing the Company's products and enabling production and sale of said products, and the Company's ability to research, develop and test its products within anticipated timelines.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167657

Brisbane, Queensland, Australia–(Newsfile Corp. – December 21, 2022) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (FSE: 0GF) (“GMG” or the “Company”) is pleased to announce the appointments of Lisa Roobottom as Chief Operating Officer (“COO”) and Paul Mackintosh as Chief Health, Safety, Environment, Quality, Risk and Sustainability Officer (“Chief HSE, Risk & Sustainability Officer”), effective on the on the 30th day January, 2023 and 6th day of February, 2023 respectively. Lisa and Paul will be members of GMG’s senior executive leadership team reporting to, and working closely with, CEO Craig Nicol.

Lisa Roobottom has a career in the Oil & Gas and Manufacturing industries spanning approximately 30 years, working in a number of roles include Refinery Operations Manager and National Health, Safety & Environment Manager at various companies including Caltex, Ampol, Australian Laboratory Services and, most recently, Alpha HPA.

Paul Mackintosh has over 20 years of experience in fulfilling senior roles in the Health, Safety and Environment function. Mr Mackintosh has worked for large organisations in the mining, energy, manufacturing and oil and gas industries including senior positions at Arrow Energy, Origin Energy, Brickworks and Caltex, as well as with Coles Myer retail and energy divisions.

GMG’s current COO, Sheena Ward, has successfully overseen both roles as COO and Chief HSE, Risk & Sustainability Officer through GMG’s recent development phase. With GMG’s growth plans currently underway, the Company has deemed it appropriate to now divide the roles. Sheena will be primarily responsible for onboarding both Lisa and Paul, after which Sheena intends on transitioning out of the Company to spend more time with her family.

GMG’s CEO Craig Nicol stated, “I am very pleased to see Lisa and Paul join the GMG team. Their capability and experience will add to maturing and progressing the Company. I also want to thank Sheena for her extreme dedication to lead and manage the operations team including production, supply chain and health, safety and environment team members through the last two years of growth and we all wish her the very best for her next opportunity that aligns with her goals to spend more time with her family.”

GMG’s Chair Guy Outen stated, “I look forward to welcoming Lisa and Paul to the leadership team at GMG to help drive the next stage of the Company’s growth. The Board and I also want to thank Sheena for her very important contributions to the company in establishing the foundations for successful production and health, safety and environment activities that we are confident will serve the Company well hereafter. We all wish her the very best with her family and with whatever she chooses to do in the future.”

About GMG

GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this and other sources of low input cost graphene, the Company is developing value-added products that target the growing energy efficiency and energy storage markets.

The Company is pursuing opportunities for GMG graphene enhanced products, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance and energy efficiency of engine oils.

www.graphenemg.com

For further information, please contact:

Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, info@fcir.ca , +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the effective date on which Ms. Roobottom will be appointed as COO and Mr. Mackintosh will be appointed as HSE & Risk Officer, and that Ms. Ward will subsequently depart from the Company following the onboarding of Ms. Roobottom and Mr. Mackintosh.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/148984

Brisbane, Queensland, Australia–(Newsfile Corp. – December 12, 2022) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG ” or the “Company”) is pleased to provide an update on its ongoing investment in the Company’s Battery Development Centre (“BDC”). The GMG Board has approved an additional $AU 600,000 in capital expenditure, to accelerate the progress of semi-automatic pouch cell prototype production in the BDC for customer trials and Graphene Aluminium Ion (G+AI) Battery cell development. The Company has also successfully increased its organisational capacity by attracting new staff experienced in pouch cell manufacturing, thereby enabling the acceleration of its battery performance optimisation programme.

GMG believes its pouch cells could be used in a wide range of potential applications, including:

personal communication devices,
internet of things (IOT) sensors,
personal mobility devices,
energy storage,
high power industrial applications,
electric aviation,
electric vehicles, and
personal electronics.

GMG Pouch Pack Cell Prototype

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/147626_d4942a5f64f5fbba_001full.jpg

GMG’s Managing Director and CEO, Craig Nicol, commented: “This investment adds to our existing pouch cell manufacturing capabilities and together with GMG’s internal expertise the Company is now focused on progressing collaborative partnerships with several potential battery customers to further accelerate commercial development work in 2023.”

GMG Battery Development Centre

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/147626_d4942a5f64f5fbba_002full.jpg

The additional CAPEX expenditure will assist with future optimisation, prototype development and production, and assembly times in the BDC. The additional equipment is expected to be operational in Q2 2023.

GMG will continue to work with various scientific and engineering methods to optimise capacity, energy and power density, and overall design of coin cell and/or pouch cell products.

About GMG

GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company’s proprietary process, GMG can produce high quality, low cost, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this and other sources of low input cost graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

For further information, please contact:

Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, info@fcir.ca, +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the expectation that the Pilot Battery Plant will allow the Company to develop, manufacture and test its own G+AI Battery coin cell and pouch packs in-house and that such capability may accelerate the development of the Company’s G+AI Batteries; the expectation that additional equipment to enable the manufacture of G+AI Batteries in pouch pack cell format will arrive in January 2022; GMG’s expectations relating to construction of an initial commercial coin cell G+AI Battery manufacturing facility, production and sales of G+AI Batteries and the anticipated timing of such events; the proposed location of the anticipated manufacturing facility; and the potential full commercialization of the Company’s technology.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company’s resources, including its personnel; the intention of the Company to research, develop and produce certain products; the ability of the Company to acquire additional equipment to enable the manufacture of G+AI Batteries in pouch pack cell format and the timeline for such acquisition; the ability of the Company to complete construction of an initial commercial coin cell G+AI Battery manufacturing facility, including obtaining necessary permits; timing of anticipated construction; and fluctuations in the market for graphene.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company’s ability to research, develop and test its products within anticipated timelines; the ability of the Company to acquire additional equipment to enable the manufacture of G+AI Batteries in pouch pack cell format in a timely manner; the costs associated with commissioning a pouch cell G+AI Battery manufacturing and testing equipment; the ability of the Company to obtain necessary production permits; the continued demand for graphene; sufficient demand for the Company’s products; and that in-house production of G+AI Batteries by the Company will be cost-effective.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147626

Brisbane, Queensland, Australia–(Newsfile Corp. – May 18, 2022) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG and Rio Tinto Group ("Rio Tinto") have signed a non-binding agreement to collaborate on energy saving and storage solutions. Together, GMG and Rio Tinto will explore the use of energy saving products in Rio Tinto's operations, explore working together to support GMG's development of Graphene Aluminium-Ion ("G+Al") batteries, and collaborate on mining and other industrial applications.

Under a non-binding term sheet, GMG and Rio Tinto will:

discuss conducting trials of GMG's energy saving products in both existing applications and new industrial applications, to deliver energy savings and associated carbon reductions to support Rio Tinto's decarbonisation objectives;

explore supply of aluminium materials, one of the key components in G+Al battery technology, by Rio Tinto to GMG with an aim to optimise and accelerate battery development;

investigate the use of G+Al batteries in various Rio Tinto mining and industrial applications. Success could see significant performance enhancements and support Rio Tinto's transition to low carbon operations.

Rio Tinto's Chief Scientist, Nigel Steward, commented, "Our companies share a vision of a low carbon future and we see great potential in the partnership. We aim to develop a truly green battery from our low carbon aluminium, which could transform the way we supply and store energy to anything from a leaf blower to a mining haul truck. It is a very exciting prospect and we are looking forward to bringing together the technical ingenuity of both Rio Tinto and GMG."

GMG's Managing Director and CEO, Craig Nicol, commented: "We are excited to be collaborating with Rio Tinto, one of the world's largest mining companies who are committed to leveraging leading technologies for efficient and low carbon operations. The collaboration with Rio Tinto adds another key element in GMG's leading partnerships to develop our G+Al Battery following recent agreements with Wood for scaling graphene production and Bosch for automated battery production. Rio Tinto's supply of aluminium and development of material industrial battery applications also add to our battery development plans. Together, with the partnerships already established, this is another important step towards GMG's goal to become a major global supplier of energy saving products as well as G+AI Batteries as we continue to de-risk the commercial scale up of this technology."

About Rio Tinto

Rio Tinto is a leading mining and metals company, operating in 35 countries and producing high-quality iron ore, copper, aluminium, and other materials that are essential for the low-carbon transition. Rio Tinto is committed to reaching net-zero by 2050 and is targeting a 15% reduction in scope 1&2 emissions by 2025 (from a 2018 baseline) and a 50% reduction by 2030. For more information visit riotinto.com.

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

For further information, please contact:- Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223 – Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding timing, completion and the final terms and conditions of binding agreements to be entered into between Rio Tinto and the Company; Rio Tinto's role as a technical development partner and supplier of aluminium and the impacts and benefits arising therefrom; GMG's ability to produce its products and the benefits arising from such products; and the commercial progress and technical characteristics of certain products; the ability of GMG's products to enhance Rio Tinto's performance with regards to certain industrial applications, and reduce carbon emissions.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company's resources, including that GMG and Rio Tinto will be unable to agree on terms and conditions for binding agreements; that such terms and conditions will differ from the Company's expectations; that results and impacts arising from any binding agreements between GMG and Rio Tinto will differ from the Company's expectations; changes to regional and global market trends; and that the Company will be unable to research, develop and produce certain products and technologies.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's ability to enter into binding agreements with Rio Tinto on the terms consistent with the Company's expectations; that benefits and impacts arising from binding agreements between the Company and Rio Tinto will be consistent with the Company's expectations; the Company's ability to research, develop and test its products within anticipated timelines; and market demand for the Company's products.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124459

Brisbane, Queensland, Australia–(Newsfile Corp. – April 26, 2022) – Graphene Manufacturing Group Ltd (TSXV: GMG) (FSE: 0GF) ("GMG" or the "Company") is pleased to announce that it has entered into the following agreements as the Company progresses to the next phase of its investor relations activities:

a consulting services agreement with Triomphe Holdings Ltd. (DBA Capital Analytica), a private company headquartered in Nanaimo, British Columbia ("Capital Analytica"), having an effective date of April 25, 2022 (the "Capital Analytica Agreement");

an advertising and investor awareness campaign agreement with Dig Media Inc., (DBA Investing News Network) ("INN"), a private company headquartered in Vancouver, British Columbia ("INN"), executed on April 26, 2022 and having an effective date of April 19, 2022 (the "INN Agreement");

a terms of service agreement with C. Fleck and Associates. (website – KEReport.com), an organization headquartered in Vancouver, British Columbia ("K.E. Report"), executed on April 26, 2022 and having an effective date of February 1, 2022 (the " K.E. Report Agreement"); and

a services agreement with consulting agreement with Proactive Investors North America Inc., a private company with offices across North America, Australia and in Europe ("Proactive Investors"), having an effective date of April 25, 2022 (the "Proactive Investors Agreement");

(collectively, the "IR Agreements").

Capital Analytics is an integrated media platform that produces in-depth business intelligence through its annual print and digital economic reviews, high-impact conferences, and events and top-level interviews via its video platform. Pursuant to the Capital Analytica Agreement, Capital Analytica will provide consulting services, including social media consultation, social engagement reporting and social media news and corporate video dissemination to GMG for a six-month term. In accordance with the Capital Analytica Agreement, the Company will pay Capital Analytica a fee of C$100,000, plus applicable taxes, at commencement of the Capital Analytica Agreement.

INN is a private company dedicated to providing independent news and education to investors since 2007. Pursuant to the INN Agreement, INN will provide advertising campaign services, including advertising profile, lead generation, press release syndication, banner advertising, email services and campaign metrics to GMG for a twelve-month term, unless terminated in accordance with its terms. In accordance with the INN Agreement, the Company will pay INN a fee of C$36,000, plus applicable taxes, in four equal instalments of C$9,000 each quarter in advance at commencement of the INN Agreement.

K.E. Report are in the business of development and distribution of an investment focused radio show and podcast. Pursuant to the K.E. Report Agreement, K.E. Report will provide professional services, including audio, radio and video interviews on a regular basis in unlimited number reporting GMG news and address investor questions, webinars, introductions to newsletter writers, industry analysts and fund managers, and banner advertising for an initial six-month term, which may be extended for a further six-month term, unless terminated in accordance with its terms. In accordance with the K.E. Report Agreement, the Company will pay K.E. Report a fee of C$9,000, plus applicable taxes, for each six-month period, in arrears. Corey Fleck, a principal of K.E. Report, holds 4,500 common shares in the Company.

Proactive Investors is a multi-media business and financial media portal that provides breaking news, commentary and analysis on hundreds of listed companies and pre-IPO businesses across the globe. Pursuant to the Proactive Investors Agreement, Proactive Investors will provide media services, including research reports and analyst videos, to GMG for a twelve-month term, unless terminated in accordance with its terms. In accordance with the Proactive Investors Agreement, the Company will pay Proactive Investors a fee of US$30,500, plus applicable taxes, for each six-month period, in advance.

The payments described herein will come from the Company's general working capital account. Other than as disclosed herein, none of the investor relations service providers described above have any interest, directly or indirectly, in the Company or any right or intent to acquire such an interest. Each of the IR Agreements are with arm's length parties to the Company. The IR Agreements remain subject to the approval of the TSX Venture Exchange ("TSXV").

The previously announced agreement with Focus Communications Investor Relations Inc. continues, while the previously announced agreements with Generation IACP Inc., Brian Gusko Advisory Services Inc., Supercharged Stocks Ltd. and Hybrid Financial Ltd. have been concluded.

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

For further information, please contact:

– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223 – Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this press release includes, but is not limited to, TSXV approval of each of the IR Agreements, the services expected to be received by the Company in connection with the IR Agreements, the Company's business development plans, and the Company's plans to work with third parties to progress R&D and commercialization of graphene aluminum-ion batteries. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, including without limitation, risks related to: the TSXV's failure to provide approval for the IR Agreements or any one of them on the current terms and conditions, or at all, the Company's failure or the failure of any service provider to perform its respective obligations under the applicable IR Agreements, public health crises such as the COVID-19 pandemic may adversely impact the Company's business and the ability of the Company to develop its products, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's final long form non-offering prospectus dated March 31, 2021 available for review on the Company's profile at www.sedar.com. Additionally, the forward-looking statements and information contained herein are developed based on assumptions about such risks, uncertainties and other factors set out herein, including, but not limited to, assumptions regarding the expectation that the TSXV will provide approval for the IR Agreements in their current form, the expectation that the service providers will perform their respective obligations under the applicable IR Agreements, the accuracy of the Company's cost and timing expectations, that the Company will be successful in the deployment of its resources and personnel, that the Company's operations and ability to develop its products will not be adversely impacted by COVID-19, the Company's ability to research, develop and test its products within anticipated timelines, and that results of testing and development data will be consistent with anticipated results and estimates. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121751

Brisbane, Queensland, Australia–(Newsfile Corp. – March 1, 2022) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG and Wood have agreed to a non-binding Letter of Intent, with the aim to agree on the terms of binding agreements for Wood to design and deliver major graphene manufacturing expansion projects.

Wood will support GMG in scaling up and automating its proprietary natural gas to graphene manufacturing process. The parties' intent is for Wood to become GMG's engineering, design and construction contractor for GMG's near and long-term graphene manufacturing facility needs in Australia and overseas.

Graphene is one of the main components enabling the GMG and University of Queensland graphene aluminium-ion battery ("G+AI Battery") technology. In 2017 and 2018, GMG developed and proved its proprietary graphene production process to produce graphene from natural gas (i.e. methane). This process produces high quality and scalable graphene, suitable for use in clean-technology applications, including G+AI Batteries. GMG's arrangement with Wood is intended to support scaling and automation of the graphene production process to meet graphene supply requirements for GMG's targeted G+AI Battery division.

A Letter of Intent was earlier signed with Bosch (news release 25 October 2021) for the design and delivery of targeted G+AI Battery manufacturing plants. GMG and Wood will work in collaboration with Bosch to create an aligned production process from graphene manufacturing through to final G+AI Battery products across the Company's facilities.

GMG's Managing Director and CEO, Craig Nicol, commented: "We are proud and excited to be collaborating with Wood who are a major, world leading engineering company with a significant focus on the energy transition. As we have told our shareholders, one of our key current activities is engagement with customer and industry partners for G+AI Battery development and this is another example of that progression. In parallel we are also building up our internal battery and graphene engineering capability further through a recruitment programme that is underway. Together with the partnership already established with Bosch this is another important step towards GMG's goal to become a major global supplier of G+AI Batteries as we continue to de-risk the commercial scale up of this technology."

About Wood

Wood is a global leader in consulting and engineering across energy and the built environment, helping to unlock solutions to some of the world's most critical challenges. Wood provides consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people. www.woodplc.com

About GMG

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

For further information, please contact:

– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223

– Leo Karabelas at Focus Communications, info@fcir.ca, +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding timing, completion and the final terms and conditions of binding agreements to be entered into between Wood and the Company; Wood's role as a technical development partner and the impacts and benefits arising therefrom, including facility needs; GMG's ability to produce its products and the benefits arising from such products; and the commercial progress and technical characteristics of certain products.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company's resources, including that GMG and Wood will be unable to agree on terms and conditions for binding agreements; that such terms and conditions will differ from the Company's expectations; that results and impacts arising binding agreements between GMG and Wood will differ from the Company's expectations; changes to regional and global market trends; and that the Company will be unable to research, develop and produce certain products and technologies.

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's ability to enter into binding agreements with Wood on the terms consistent with the Company's expectations; that benefits and impacts arising from binding agreements between the Company and Wood will be consistent with the Company's expectations; the Company's ability to research, develop and test its products within anticipated timelines; and market demand for the Company's products.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115227

Brisbane, Queensland–(Newsfile Corp. – December 22, 2021) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (FSE: 0GF) ("GMG" or the "Company") is pleased to announce that its graphene aluminium-ion batteries ("G+AI Battery") 2032 type coin cell prototypes (see Figure 1) have been sent to a number of prospective customers around the world.

Coin cell testing to date has demonstrated that the GMG 2032 type G+AI Battery coin cell prototypes are fully rechargeable in several seconds, retain capacity for several thousand charge and discharge cycles, are non-flammable, and are relatively non-toxic and almost fully recyclable. These characteristics compare favourably against typical rechargeable Lithium-Ion 2032 type coin cells which take 3-6 hours to recharge, are toxic and can be quite harmful if ingested, are difficult to recycle, are flammable under certain conditions, and degrade more rapidly in performance.

Figure 1: GMG 2032 1.7V PrototypeTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/8082/108294_b94e44dee499abaf_001full.jpg

GMG is pleased to report that further battery development, in collaboration with the University of Queensland, has increased the capacity of the G+AI Battery coin cells, when compared to earlier proof of concept prototypes. The Company is also currently in the process of developing the technology required to increase the voltage of the coin cell from approximately 1.7 Volts to 3.4 Volts – making the G+AI Battery better suited for interchangeable use in existing everyday personal devices. In addition to graphene manufactured by GMG, the Company also continues to test different grades of graphene from various sources for use in G+AI Batteries. GMG considers the performance characteristics of these prototypes clear enough to engage potential customers and industry partners for feedback on their commercial potential following subsequent further development.

GMG's CEO and Managing Director, Craig Nicol, said, "We are very pleased with the technical and commercial progress we have made to date on our G+AI Batteries, and with the level of interest received from potential customers. We look forward to customer feedback on these prototypes, and to progressing towards the commercialisation of this impressive battery technology. In parallel we will continue to optimise and improve performance in our newly commissioned pilot plant and start to develop pouch pack formats during 2022 in addition to the coin cell."

About GMG

GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company's proprietary process, GMG can produce high quality, low cost, scalable, 'tuneable' and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this and other sources of low input cost graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

For further information, please contact:

– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223- Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the continued optimisation of the G+AI Battery, the potential toxicity and recyclability of the 2032 type G+AI Battery coin cell prototypes, the technological development and optimisation of the G+AI Battery coin cells, the potential commercialization of the 2032 type G+AI Battery coin cell technology, the optimisation and improved performance of the Company's pilot plant, and the development of the 2032 type G+AI Battery coin cell prototype in a pouch pack format.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's ability to research, develop and test its products within anticipated timelines, and market demand for the Company's products.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108294

Brisbane, Queensland, Australia–(Newsfile Corp. – November 30, 2021) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (FSE: 0GF) ("GMG" or the "Company") is pleased to provide an update regarding the patent status of the associated Graphene Aluminium-Ion Battery ("G+AI Battery") technology.

GMG's partner, UniQuest Pty Limited ("UniQuest"), has filed a global patent application for the G+AI Battery under the Patent Corporation Treaty ("PCT") following an initial filing on November 25, 2020. The patent application is an important step in securing the intellectual property ("IP") and global commercialisation rights for the G+AI Battery technology that GMG has rights to develop and deploy.

As reported on April 22nd 2021, GMG is developing G+AI Battery technology with the University of Queensland (or "UQ") and has entered into a licence agreement dated February 26, 2021 (the "Licence Agreement") with UniQuest Pty Limited ("UniQuest"), an entity which commercialises research work done by the University of Queensland. The Licence Agreement has a term of 20 years or longer, should patents remain in place in certain countries. Under the terms of the Licence Agreement, GMG will pay for certain patent costs as they arise and will pay Uniquest a minimum royalty on sales of G+AI Batteries.

GMG CEO, Craig Nicol, commented: "This PCT application is another important milestone for GMG. Apart from securing the IP and global commercialisation rights, it also further cements our long-term partnership with the University of Queensland and Uniquest to develop the G+AI battery, which continues to progress well."

As disclosed in GMG's prospectus dated March 31, 2021, GMG and the University of Queensland entered into a research agreement dated February 26, 2021 (the "Research Agreement"), pursuant to which both parties are working collaboratively with financial support from the Australian Government to progress research and development, and ultimately the commercialization of G+AI Batteries.

Story continues

About UniQuest

UniQuest is the commercialisation company of the University of Queensland (UQ). Working at the interface between industry and UQ's researchers, UniQuest commercialises UQ's intellectual property in partnership with UQ researchers to create societal and economic impact. Established in 1984, UniQuest's commercialisation activities have placed UQ at the forefront of academic research translation in Australia.http://uniquest.com.au/

About GMG

GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company's proprietary process, GMG can produce high quality, low cost, scalable, 'tuneable' and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this and other sources of low input cost graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

For further information, please contact:- Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223- Leo Karabelas at Focus Communications, info@fcir.ca , +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's ability to research, develop and test its products within anticipated timelines, the Company will be successful in obtaining all necessary approvals under the patent application process, the development and licencing of IP as anticipated, and the Company will be successful in collaborating with UQ and UniQuest to develop its products and IP.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105801

Coal company that inspired the construction of a more than 300,000-square-foot black marble headquarters at Southpointe now looking to leave it behind for an office only one-tenth that size, say sources.

CNX earnings call for the period ending September 30, 2021.

With me today are President and CEO, Jim Grech and CFO, Mark Spurbeck. Peabody had a very good third quarter with our results benefiting from current robust global coal market dynamics. Strong operational performance, coupled with increased seaborne pricing and global demand yielded quarterly results we have not seen since 2018.

These are the consumer staples stocks with the best value, fastest growth, and most momentum for November 2021.

Based on the approval process of a similar development across town, it could be a long time before dirt is turned on this project.

Brisbane, Queensland, Australia–(Newsfile Corp. – October 25, 2021) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (FSE: 0GF) ("GMG" or the "Company") is pleased to announce that GMG and Robert Bosch Australia Pty Ltd ("BOSCH") have signed a non-binding Letter of Intent, with the aim to agree on the terms of binding agreements for BOSCH to design and deliver a Graphene Aluminium Ion Battery ("G+AI Battery") manufacturing plant.

Robert Bosch Australia Pty Ltd is a subsidiary of the BOSCH Group, a global provider of integrated production line solutions, automation, robotics and testing equipment. BOSCH will support GMG in learning and developing the automation of the battery assembly process and use the results from the GMG G+AI Battery pilot plant to support the scaling of these into fully automated plants. The parties' intent is for BOSCH to become GMG's engineering, design and construction contractor for GMG's near and long-term battery cell manufacturing facility needs (both coin cell and pouch pack).

GMG's Managing Director and CEO, Craig Nicol, commented: "We are proud and excited to be partnering with BOSCH. They are a major, world leading company in this space with outstanding capability to help provide highly automated, efficient and reliable battery manufacturing plants. It has been great working with the BOSCH Australia team so far and we look forward to building a strong long-term partnership with them."

Gavin Smith, President of BOSCH Australia said: "We are delighted to have been chosen by GMG as its long-term factory automation partner. We are excited to bring Bosch's world class technology and expertise to support GMG commercialise its innovative battery technology, with an automated coin cell manufacturing plant the first cab off the ranks."

GMG's commitment to an initial commercial G+AI Battery manufacturing plant, which is planned to produce batteries in coin cell format, is expected to follow successful commercial G+AI Battery prototype development and a final investment decision. The location is not yet decided but is expected to be in Australia where GMG's headquarters and existing operations are located.

Further to the Company's news release dated July 14, 2021, the G+AI Battery pilot plant equipment has been received and the Company intends to commence construction and commissioning shortly.

Following previously announced performance results of GMG's G+AI Battery and highly encouraging customer feedback, the Company believes that it remains on track to develop a commercial prototype coin cell battery before the end of 2021, and thus continues to progress preparations for a commercial scale battery manufacturing facility in parallel. For further information, see the Company's news release dated May 5th 2021 and June 22nd, 2021.

About GMG

GMG is an Australian based clean-tech company listed on the TSX Venture Exchange (TSXV: GMG) that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite. By using the company's proprietary process, GMG can produce high quality, low cost, scalable, 'tuneable' and no/low contaminant graphene – enabling demonstrated cost and environmental improvements in a number of world-scale planet-friendly/clean-tech applications. Using this low input cost source of graphene, the Company is developing value-added products that target the massive energy efficiency and energy storage markets.

The Company is also pursuing additional opportunities for GMG graphene, including developing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the opportunity to enhance the performance and energy efficiency of engine oils, biodiesel and diesel fuels.

About Bosch

Bosch is a preferred supplier of advanced manufacturing solutions and integrations to Australian businesses. Bosch Australia Manufacturing Solutions (BAMS) is committed to strengthening the competitiveness of the Australian manufacturing sector. BAMS has become one of the country's leading factory automation companies, working with a diverse array of blue-chip, mid-tier and start-up manufacturers to automate their manufacturing. With over 50 years of manufacturing experience and factory automation know-how, BAMS aims to help Australian manufacturers become fit for the future.

For further information, please contact:

– Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223

– Leo Karabelas at Focus Communications, info@fcir.ca, +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

Forward-looking information in this press release includes, but is not limited to, statements relating to: the Letter of Intent and entering into binding agreements with BOSCH, construction of the G+AI Battery manufacturing plant, the Company's partnership with BOSCH, the G+AI Battery pilot plant equipment, the Company's pursuit of additional opportunities for GMG graphene, and the development of a commercial prototype coin cell battery.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, the Company will be successful in negotiating binding agreements with BOSCH as anticipated, the Company will be successful in obtaining all necessary approvals under the Letter of Intent and any binding agreement, the construction of the G+AI Battery manufacturing plant will be completed as anticipated, the Company will secure a partnership with BOSCH as anticipated, the Company the Company will be able to commence construction and commissioning of the G+AI Battery pilot plant equipment on the anticipated timelines, the Company will be successful in collaborating with universities in Australia to develop its products, the Company will be able to enhance the performance and energy efficiency of engine oils, biodiesel and diesel fuels, and that the Company will be able to develop a commercial prototype coin cell battery before the end of 2021.

Forward-looking information involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: the Company will not be successful in negotiating binding agreements with BOSCH, the Company will not be successful in obtaining all necessary approvals under the Letter of Intent and any binding agreement, the construction of the G+AI Battery manufacturing plant will not be completed as anticipated, the Company will not be able to secure a partnership with BOSCH as anticipated, the Company will not be able to commence construction and commissioning of the G+AI Battery pilot plant equipment on the anticipated timelines, the Company will not be successful in collaborating with universities in Australia to develop its products, the Company will not be able to enhance the performance and energy efficiency of engine oils, biodiesel and diesel fuels, and that the Company will not be able to develop a commercial prototype coin cell battery before the end of 2021. Such forward-looking information represents management's best judgment based on information currently available. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100684

Here are companies with market caps below $5 billion that are expected to grow their free cash flow in the coming quarter more than peers.

CNX Resources Corporation CNX is scheduled to release third-quarter 2021 earnings on Oct 28, before the market opens. This exploration and production company delivered an average earnings surprise of 29.3% in the last four reported quarters.

Let’s discuss the factors that are likely to get reflected in the upcoming quarterly results.

Factors to Consider

CNX Resources’ earnings in the third quarter are likely to have benefited from lower shares outstanding, as the company has been opportunistically repurchasing shares from the open market. It has been managing costs in an efficient manner, and the same is expected to have lowered operating expenses as well as boosted margins in the third quarter.

It utilized free cash flow to lower the outstanding debt level by more than $89 million in the second quarter, which in turn is likely to have lowered capital servicing cost and aided margins in the third quarter. Stable production volumes from high-quality assets are expected to have boosted the company’s third-quarter performance.

Expectations

The Zacks Consensus Estimate for the September quarter earnings per share stands at 32 cents, suggesting a 700% rise from the year-ago reported figure.

What Our Quantitative Model Predicts

Our proven model predicts earnings beat for CNX Resources this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is the case here as you will see below.

CNX Resources Corporation. Price and EPS Surprise

CNX Resources Corporation. price-eps-surprise | CNX Resources Corporation. Quote

Earnings ESP: It has an Earnings ESP of +2.50%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: CNX Resources sports a Zacks Rank #1, currently. You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Stocks to Consider

Investors can also consider the following players from the same industry that too have the right combination of elements to beat on earnings for the to-be-reported quarter.

Continental Resources, Inc. CLR is slated to release third-quarter results on Nov 1. It has an Earnings ESP of +2.55% and sports a Zacks Rank of 1.

APA Corporation APA is slated to release third-quarter results on Nov 3. It has an Earnings ESP of +3.77% and sports a Zacks Rank of 1.

EOG Resources Inc. EOG is slated to release third-quarter results on Nov 5. It has an Earnings ESP of +2.11% and currently has a Zacks Rank of 2.

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APA Corporation (APA) : Free Stock Analysis Report

CNX Resources Corporation. (CNX) : Free Stock Analysis Report

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Continental Resources, Inc. (CLR) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Here are three stocks with buy rank and strong value characteristics for investors to consider today, October 25th:

Winnebago Industries, Inc. WGO: This company that manufactures and sells recreation vehicles and marine products has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 11.3% over the last 60 days.

Winnebago Industries, Inc. Price and Consensus

Winnebago Industries, Inc. price-consensus-chart | Winnebago Industries, Inc. Quote

Winnebago has a price-to-earnings ratio (P/E) of 7.50, compared with 14.10 for the industry. The company possesses a Value Score of A.

Winnebago Industries, Inc. PE Ratio (TTM)

Winnebago Industries, Inc. pe-ratio-ttm | Winnebago Industries, Inc. Quote

CNX Resources Corporation CNX: This independent oil and natural gas company has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 15.3% over the last 60 days.

CNX Resources Corporation. Price and Consensus

CNX Resources Corporation. price-consensus-chart | CNX Resources Corporation. Quote

CNX Resources has a price-to-earnings ratio (P/E) of 6.22, compared with 12.00 for the industry. The company possesses a Value Score of B.

CNX Resources Corporation. PE Ratio (TTM)

CNX Resources Corporation. pe-ratio-ttm | CNX Resources Corporation. Quote

Matson, Inc. MATX: This company that provides ocean transportation and logistics services has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 38.7% over the last 60 days.

Matson, Inc. Price and Consensus

Matson, Inc. price-consensus-chart | Matson, Inc. Quote

Matson has a price-to-earnings ratio (P/E) of 3.75, compared with 90.20 for the industry. The company possesses a Value Score of B.

Matson, Inc. PE Ratio (TTM)

Matson, Inc. pe-ratio-ttm | Matson, Inc. Quote

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.

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CNX Resources Corporation. (CNX) : Free Stock Analysis Report

Matson, Inc. (MATX) : Free Stock Analysis Report

Winnebago Industries, Inc. (WGO) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Earlier this morning, Alliance Resource Partners released its third-quarter 2021 financial and operating results and will now discuss these results, as well as our perspective on market conditions and outlook. Thank you, Brian, and welcome, everyone.

(Adds quote from press conference)

By Ernest Scheyder

Oct 22 (Reuters) – A U.S. appeals court on Friday questioned whether it had the power to override an act of Congress that gave Rio Tinto Ltd land in Arizona for its Resolution copper mine, which has been challenged by Native Americans.

"It'd be nice if Congress or someone would make more sense out of this," said U.S. Circuit Judge Marsha Berzon, as the court appeared likely to support the U.S. government plan to give Rio Tinto the Arizona land.

Apache Stronghold, a group of Native Americans and conservationists, asked the 9th U.S. Circuit Court of Appeals in San Francisco to overturn a lower court's ruling https://www.reuters.com/business/us-judge-will-not-stop-land-transfer-rio-tinto-mine-arizona-2021-02-12 that allowed the government to give Rio the land.

The 49-minute hearing was the latest development in the long-running clash https://www.reuters.com/business/energy/arizona-mining-fight-pits-economy-evs-against-conservation-culture-2021-04-19/#:~:text=Arizona%20mining%20fight%20pits%20economy%2C%20EVs%20against%20conservation%2C%20culture,-By%20Ernest%20Scheyder&text=But%20U.S.%20President%20Joe%20Biden,in%20a%20drought-stricken%20state between members of Arizona's San Carlos Apache Tribe, who consider the land home to deities, and Rio and minority partner BHP Group Plc, who have spent more than $1 billion on the project without producing any copper.

Demand has been growing for the red metal used to make electric vehicles (EVs) and other electronics devices.

An attorney for the Apache Stronghold said the group was optimistic the court would rule in its favor, but would appeal to the U.S. Supreme Court should it lose. Rio Tinto and BHP declined to comment.

"It's really hard and frankly dangerous to try to predict which way the court is going to rule based on oral arguments," Luke Goodrich, an attorney for Apache Stronghold, told a San Francisco press conference after the hearing. "I think they'll see what the right thing is to do."

Judges questioned whether they had the power to reverse a 2014 decision by former President Barack Obama and Congress that set in motion a complex process to give Rio federally owned Arizona land that contains more than 40 billion pounds of copper in exchange for acreage that Rio owns nearby.

The three appeals court's judges are expected to rule in the near future. Meanwhile, the U.S. Congress is debating a bill that would undo https://www.reuters.com/world/us/us-house-committee-moves-block-rio-tintos-resolution-mine-2021-09-10 the 2014 legislation that approved the land transfer.

Previous court rulings have allowed the government to give away land it owns, even if the land is considered sacred by some groups. But courts have routinely also found that the government cannot force individuals to do something that would violate religious beliefs.

The Apaches have said that giving this land away to Rio Tinto effectively forces them to violate their religious beliefs, since they would not be able to worship at the site.

U.S. Circuit Judge Mary Murgia, one of the three judges, questioned that argument.

"It seems like you might be asking us to alter this test, and I'm not sure if that's appropriate for this panel to do here," Murgia said.

Goodrich, the attorney for Apache Stronghold, disagreed.

"The religious exercises that they've engaged in there for millennia will end" if Rio's mine is built, he told the court.

Berzon said she was sensitive to the historical mistreatment of Native Americans, but felt bound by law to restrict their deliberations to the narrow question under consideration in the case about whether the government can do what it wants with its own land.

Joan Pepin, a U.S. Department of Justice attorney, told judges that the Congress's move to give the land away should override any previous agreements Washington may have made with the Apache.

"When a statute and treaty rights conflict, the statue abrogates it," she said.

U.S. Circuit Judge Carlos Bea asked whether mediation could resolve the conflict. Attorneys for both side said that was unlikely.

(Reporting by Ernest Scheyder; additional reporting by Nathan Frandino and Carlos Barria; Editing by David Gregorio)

ST. LOUIS, Oct. 22, 2021 /PRNewswire/ — Peabody (NYSE: BTU) today announced its offer to purchase (the "Offer") for cash up to $15.842 million (the "Available Repurchase Amount") in aggregate accreted value of its 8.500% Senior Secured Notes due 2024 (the "2024 Notes") at a purchase price equal to 73.590% of the accreted value of the 2024 Notes to be repurchased, plus accrued and unpaid interest as set forth in the Indenture (as defined below), to, but excluding, the settlement date, on the terms and subject to the conditions set forth in the Offer to Purchase, dated October 22, 2021 (the "Offer to Purchase"). The Offer is being made to satisfy the requirements of the Indenture.

The Offer will expire at 5:00 p.m., New York City time, on November 22, 2021, unless extended or earlier terminated by Peabody (the "Expiration Time"). Subject to the Available Repurchase Amount, for each $1,000 accreted value of 2024 Notes validly tendered (and not validly withdrawn) prior to the Expiration Time and accepted by Peabody, holders of 2024 Notes will receive $735.90 in cash (the "Offer Price"), plus accrued and unpaid interest as set forth in the Indenture, to, but excluding, the settlement date. Tendered 2024 Notes may be validly withdrawn at any time prior to the Expiration Time, unless extended or earlier terminated by Peabody. The settlement date is currently expected to be the second business day following the Expiration Time. Concurrently, Peabody is making a debt repurchase offer (the "Concurrent LC Agreement Offer") under the Credit Agreement, dated as of January 29, 2021, among Peabody, the lenders party thereto from time to time and JPMorgan Chase Bank, N.A., as Administrative Agent (the "LC Agreement").

If the aggregate accreted value of the 2024 Notes tendered in the Offer and the aggregate principal and commitment amounts of Priority Lien Debt (as defined in the LC Agreement) under the LC Agreement tendered in the Concurrent LC Agreement Offer collectively exceed the Available Repurchase Amount of $15.842 million, Peabody will select the Notes, subject to the applicable procedures of the Depository Trust Company, to be purchased on a pro rata basis with such adjustments as needed so that no 2024 Notes in an unauthorized denomination are purchased in part based on the aggregate accreted value of the 2024 Notes tendered.

For example, if $15 million aggregate accreted value of Notes are tendered in the Offer and $10 million in aggregate principal and commitment amounts of Priority Lien Debt incurred under the LC Agreement are tendered in the Concurrent LC Agreement Offer, Peabody would purchase $9,505,200 aggregate accreted value of Notes in the Offer, with such Notes to be purchased on a pro rata basis in accordance with the procedures set forth in the preceding paragraph. Under this example, Peabody also would purchase $6,336,800 of Priority Lien Debt under the LC Agreement pursuant to the Concurrent LC Agreement Offer.

The 2024 Notes are governed by an indenture, dated as of January 29, 2021, by and among Peabody, the guarantors party thereto (the "Guarantors") and Wilmington Trust, National Association, as trustee (the "Trustee") (as amended and restated by the First Supplemental Indenture, dated as of February 3, 2021, among Peabody, the Guarantors and the Trustee, and as further amended, supplemented, restated or otherwise modified to the date hereof, the "Indenture"). Under the terms of the Indenture, within 30 days of September 30, 2021, the end of Peabody's third fiscal quarter (such fiscal quarter, the "Debt Repurchase Quarterly Period"), Peabody is obligated to offer to purchase for cash an aggregate accreted value of up to the Available Repurchase Amount of its outstanding 2024 Notes at the price described above. The Offer is intended to satisfy this requirement.

The Available Repurchase Amount for the Offer is equal to 25% of $63.371 million, which is the total aggregate principal and commitment amounts of Priority Lien Debt (as defined in the Indenture) repurchased by Peabody pursuant to open-market repurchases during the Debt Repurchase Quarterly Period. In addition, the Offer Price of $735.90 represents the price per $1,000 accreted value of Notes that is the weighted-average repurchase price for all Priority Lien Debt repurchased by Peabody during the Debt Repurchase Quarterly Period.

None of Peabody, its board of directors (or any committee thereof), Wilmington Trust, National Association, the depositary for the Offer, or the Trustee or their respective affiliates is making any recommendation as to whether or not holders should tender all or any portion of their 2024 Notes in the Offer.

This announcement is not an offer to purchase or sell, or a solicitation of an offer to purchase or sell any securities. The Offer is being made solely by the Offer to Purchase. The Offer is not being made to holders of 2024 Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.

Peabody (NYSE: BTU) is a leading coal producer, providing essential products to fuel baseload electricity for emerging and developed countries and create the steel needed to build foundational infrastructure. Our commitment to sustainability underpins our activities today and helps to shape our strategy for the future. For further information, visit PeabodyEnergy.com.

Contact:
Alice Tharenos
314.342.7890

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions. Forward-looking statements provide management's current expectations or predictions of future conditions, events or results. All statements that address operating performance, events, or developments that Peabody expects will occur in the future are forward-looking statements. They may also include estimates of sales targets, cost savings, capital expenditures, other expense items, actions relating to strategic initiatives, demand for the company's products, liquidity, capital structure, market share, industry volume, other financial items, descriptions of management's plans or objectives for future operations and descriptions of assumptions underlying any of the above. All forward-looking statements speak only as of the date they are made and reflect Peabody's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance or events. Furthermore, Peabody disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive and regulatory factors, many of which are beyond Peabody's control, including the ongoing impact of the COVID-19 pandemic and factors that are described in Peabody's Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2020 and Peabody's Quarterly Report on Form 10-Q for the three months ended June 30, 2021, and other factors that Peabody may describe from time to time in other filings with the SEC. You may get such filings for free at Peabody's website at www.peabodyenergy.com. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/peabody-announces-offer-to-purchase-up-to-15-842-million-in-aggregate-accreted-value-of-its-8-500-senior-secured-notes-due-2024–301406889.html

SOURCE Peabody

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, October 22:

Albertsons Companies, Inc. ACI: This distributor of fruits, vegetables, canned items and other related goods carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

Albertsons Companies, Inc. Price and Consensus

Albertsons Companies, Inc. price-consensus-chart | Albertsons Companies, Inc. Quote

Albertsons has a PEG ratio of 0.95 compared with 3.52 for the industry. The company possesses a Growth Score of A.

Albertsons Companies, Inc. PEG Ratio (TTM)

Albertsons Companies, Inc. peg-ratio-ttm | Albertsons Companies, Inc. Quote

SignetJewelers Limited SIG: This retailer of jewelry, watches, and related accessories carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 47% over the last 60 days.

Signet Jewelers Limited Price and Consensus

Signet Jewelers Limited price-consensus-chart | Signet Jewelers Limited Quote

Signet has a PEG ratio of 1.11, compared with 2.96 for the industry. The company possesses a Growth Score of A.

Signet Jewelers Limited PEG Ratio (TTM)

Signet Jewelers Limited peg-ratio-ttm | Signet Jewelers Limited Quote

DevonEnergy Corporation DVN: This independent energy company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days.

Devon Energy Corporation Price and Consensus

Devon Energy Corporation price-consensus-chart | Devon Energy Corporation Quote

Devon has a PEG ratio of 0.41, compared with 0.60 for the industry. The company possesses a Growth Score of B.

Devon Energy Corporation PEG Ratio (TTM)

Devon Energy Corporation peg-ratio-ttm | Devon Energy Corporation Quote

APACorporation APA: This explorer and producer of oil and gas properties carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14% over the last 60 days.

APA Corporation Price and Consensus

APA Corporation price-consensus-chart | APA Corporation Quote

APA has a PEG ratio of 0.50, compared with 0.60 for the industry. The company possesses a Growth Score of B.

APA Corporation PEG Ratio (TTM)

APA Corporation peg-ratio-ttm | APA Corporation Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Devon Energy Corporation (DVN) : Free Stock Analysis Report

APA Corporation (APA) : Free Stock Analysis Report

Albertsons Companies, Inc. (ACI) : Free Stock Analysis Report

Signet Jewelers Limited (SIG) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Mosaic (MOS) closed at $42.17 in the latest trading session, marking a -0.71% move from the prior day. This change lagged the S&P 500's daily gain of 0.3%.

Prior to today's trading, shares of the fertilizer maker had gained 28% over the past month. This has outpaced the Basic Materials sector's gain of 7.79% and the S&P 500's gain of 4.28% in that time.

MOS will be looking to display strength as it nears its next earnings release, which is expected to be November 1, 2021. The company is expected to report EPS of $1.63, up 608.7% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $3.83 billion, up 60.82% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $5.02 per share and revenue of $12.48 billion, which would represent changes of +490.59% and +43.77%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for MOS. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 3.14% higher within the past month. MOS is currently a Zacks Rank #2 (Buy).

In terms of valuation, MOS is currently trading at a Forward P/E ratio of 8.47. This represents a discount compared to its industry's average Forward P/E of 14.81.

It is also worth noting that MOS currently has a PEG ratio of 1.21. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Fertilizers stocks are, on average, holding a PEG ratio of 1.53 based on yesterday's closing prices.

The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 3, putting it in the top 2% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

The Mosaic Company (MOS) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. Unfortunately, high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson.

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in Hargreaves Services (LON:HSP). Now, I'm not saying that the stock is necessarily undervalued today; but I can't shake an appreciation for the profitability of the business itself. While a well funded company may sustain losses for years, unless its owners have an endless appetite for subsidizing the customer, it will need to generate a profit eventually, or else breathe its last breath.

Check out our latest analysis for Hargreaves Services

How Fast Is Hargreaves Services Growing Its Earnings Per Share?

In business, though not in life, profits are a key measure of success; and share prices tend to reflect earnings per share (EPS). So like a ray of sunshine through a gap in the clouds, improving EPS is considered a good sign. It is therefore awe-striking that Hargreaves Services's EPS went from UK£0.13 to UK£0.51 in just one year. Even though that growth rate is unlikely to be repeated, that looks like a breakout improvement.

One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. While Hargreaves Services may have maintained EBIT margins over the last year, revenue has fallen. And that does make me a little more cautious of the stock.

The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image.

You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for Hargreaves Services's future profits.

Are Hargreaves Services Insiders Aligned With All Shareholders?

Like standing at the lookout, surveying the horizon at sunrise, insider buying, for some investors, sparks joy. This view is based on the possibility that stock purchases signal bullishness on behalf of the buyer. Of course, we can never be sure what insiders are thinking, we can only judge their actions.

It's good to see Hargreaves Services insiders walking the walk, by spending UK£260k on shares in just twelve months. When you contrast that with the complete lack of sales, it's easy for shareholders to brim with joyful expectancy. Zooming in, we can see that the biggest insider purchase was by Independent Non-Executive Chairman Roger McDowell for UK£110k worth of shares, at about UK£2.19 per share.

The good news, alongside the insider buying, for Hargreaves Services bulls is that insiders (collectively) have a meaningful investment in the stock. Indeed, they hold UK£15m worth of its stock. That shows significant buy-in, and may indicate conviction in the business strategy. Those holdings account for over 9.7% of the company; visible skin in the game.

Should You Add Hargreaves Services To Your Watchlist?

Hargreaves Services's earnings have taken off like any random crypto-currency did, back in 2017. What's more insiders own a significant stake in the company and have been buying more shares. Because of the potential that it has reached an inflection point, I'd suggest Hargreaves Services belongs on the top of your watchlist. We don't want to rain on the parade too much, but we did also find 2 warning signs for Hargreaves Services (1 makes us a bit uncomfortable!) that you need to be mindful of.

The good news is that Hargreaves Services is not the only growth stock with insider buying. Here's a list of them… with insider buying in the last three months!

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

MELBOURNE, Oct 21 (Reuters) – BHP Group is looking at the potential to use the waste from its Australian nickel mining operations to capture and store carbon and will conduct field trials this financial year.

It is also harnessing new technologies to look deeper underground for minerals critical to the energy transition like nickel and copper, Chief Technical Officer Laura Tyler will say at a trade conference in London, according to prepared remarks.

BHP mines the metal at its Nickel West operations in Western Australia. It also processes nickel into high quality powder, 85% of which goes to the battery industry. This year it signed a deal to supply nickel – a key ingredient in electric vehicle batteries – to Tesla Inc.

Waste from Nickel West operations is high in magnesium oxide, which can pull carbon out of the air to create magnesium carbonate, a stable compound in the form of a salt, according to Tyler.

"That material can then be left safely in situ, or used in building materials like carbon neutral cement or plasterboard," her prepared remarks said.

BHP’s trials will be conducted at its Mt Keith tailings dam in Western Australia.

At five kilometres wide, the dam can already store some 40,000 tonnes of carbon dioxide from the atmosphere each year, enough to offset around 15,000 average-sized combustion engine cars. Researchers believe it could store far more CO2 every year if the mineral carbonation rate could be enhanced through different processes and engineering solutions.

The miner is also using real-time sensors, multi-physics arrays and data analytics to speed up decision-making, cut logistics requirements and increase the potential for discoveries.

BHP on Wednesday topped a takeover offer for Noront Resources Ltd from Australian billionaire Andrew Forrest's Wyloo Metals, as the two groups vie for greater access to the high-grade nickel deposit.

(Reporting by Melanie Burton; Editing by Edwina Gibbs)

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Should You Add Hargreaves Services To Your Watchlist?

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