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GRAPHENE MFG GROUP LTD - $GMGMF STOCK NEWS

Welcome to our dedicated page for GRAPHENE MFG GROUP news (Ticker: $GMGMF), a resource for investors and traders seeking the latest updates and insights on GRAPHENE MFG GROUP stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GRAPHENE MFG GROUP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GRAPHENE MFG GROUP's position in the market.

News
GMG Product Commercialisation Process, Corporate Growth & Channel Strategy
Rhea-AI Summary
Graphene Manufacturing Group outlines important strategies for product commercialization, organic corporate growth, and product distribution. Thermal XR is in the final stage of commercialization, while G Lubricant and G+AI Battery are in product testing and development stages. The company plans to develop Energy Storage products and partner with Rio Tinto. The Channel Strategy includes selling products through industry segment distributors and co-branded products. GMG's critical objectives are to produce Graphene, generate revenue from Energy Savings Products, develop Next-Generation Battery, and enhance the supply chain and partnerships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.91%
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none
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News
GMG Provides Commercialisation Progress of THERMAL-XR(R)
Rhea-AI Summary
Graphene Manufacturing Group Ltd. announces the commissioning of its graphene enhanced coating blending plant and laboratory facilities, enabling future service growth. The company has intensified sales activities resulting in distribution agreements in multiple countries. Forward sales orders have been received and requests for distributors are being assessed. The company is exploring potential applications in vehicle radiators, solar cells, and industrial sectors. A testing program with LNG producers is being developed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.13%
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none
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News
Graphene Manufacturing Group Announces Appointment of Interim CFO and Director
Rhea-AI Summary
Graphene Manufacturing Group Ltd. (TSXV: GMG) has appointed Scott Richardson as Interim Chief Financial Officer (CFO) effective July 31, 2023. The search for a permanent CFO is progressing well. Andrew Small has also been appointed as a Director. GMG aims to achieve key milestones in the next 6 months, including ramping up TXR sales, meeting battery development milestones, and starting up new manufacturing and blending plants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
Tags
management
News
GMG Appoints Nu-Calgon as THERMAL-XR(R) Distributor for North America
Rhea-AI Summary
Graphene Manufacturing Group Ltd. (TSXV: GMG) has signed a THERMAL-XR® distribution agreement with Nu-Calgon Wholesaler, Inc. to provide THERMAL-XR® to the HVAC-R markets in the United States, Mexico, Canada, and the Caribbean. GMG is in the process of obtaining USA EPA approval for THERMAL-XR® and is reviewing the requirements for Canada, Mexico, and the Caribbean countries. The partnership aims to increase revenue from Energy Savings solutions, with Nu-Calgon planning to launch the product through its existing distribution network in early 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
management
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News
Graphene Manufacturing Group Announces Grant of RSUs
Rhea-AI Summary
Graphene Manufacturing Group Ltd. grants restricted share units to officers and discloses previously granted RSUs. The company enters into agreements to increase investor relations outreach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
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none
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News
Graphene Manufacturing Group Appoints Former Chief Technology Officer of CATL Limited to its Board of Directors
Rhea-AI Summary
Graphene Manufacturing Group Ltd. (GMG) announces the appointment of Mr. Bob Galyen to its board of directors. Galyen brings global experience in the battery energy storage industry and will contribute to GMG's battery design and manufacturing efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
management
News
GMG Announces Independently Verified Heat Transfer and Energy Savings Results from THERMAL-XR(R)
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
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none
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News
GMG Announces Battery, Team and Related Updates
Rhea-AI Summary
Graphene Manufacturing Group Ltd. provides an update on relevant changes following the Battery Joint Development Agreement (JDA) with Rio Tinto and the growing sales of Energy Saving products. The company is focusing on pouch cell batteries based on customer feedback and aims to accelerate the battery's development with the help of key potential customer partners. The JDA with Rio Tinto provides a clear development roadmap and GMG expects to have a >25 Layer Pouch Cell Prototype by H1 2024. The company is aligning its organization to strengthen the battery deep science to product performance linkage and has commenced an executive search for a new Chief Financial Officer. Additional laboratory and office space has been secured to support ongoing battery development. The Phase 1 graphene manufacturing project is underway but completion is expected to be delayed until the second half of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
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none
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News
GMG Signs THERMAL-XR(R) Distributor Agreements in 4 Asian Countries
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
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none
News
GMG Announces Battery Joint Development Agreement with Rio Tinto
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.11%
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none
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GMGMF Stock Data

39.77M
66.74M
21.34%
0.26%
Other Crushed and Broken Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Richlands