Nano One Materia Stock Price, News & Analysis

Nano One Materials Corp (NNOMF) reported the results of its annual general meeting held on August 2, 2022, with 24,138,258 common shares represented, equating to 25.25% of total shares. All proposals were approved, including an increase in the number of directors to seven, their election, and the appointment of Davidson & Company LLP as auditors. The company focuses on clean technology for lithium-ion battery materials, with ongoing support from Sustainable Development Technology Canada and the Innovative Clean Energy Fund.

Nano One Materials Corp. (NNOMF) announced the adjournment of its 2022 annual general meeting due to insufficient quorum.

The meeting is rescheduled for August 2, 2022. Many shareholders reported not receiving proxy materials, affecting their ability to vote.

Shareholders can still vote until 8:00 a.m. on August 2, and the meeting will be broadcast via a teleconference for those unable to attend in person. Nano One specializes in low-cost production of high-performance cathode materials for lithium-ion batteries.

Nano One Materials Corp. (NNOMF) is hosting a webcast presentation today at 2:00 PM Pacific Time. The event will feature a corporate update and a Q&A session with the management team. Nano One specializes in clean technology for producing high-performance lithium-ion battery cathode materials efficiently and sustainably. Their patented processes aim to reduce costs and the environmental footprint of battery materials, supporting various applications, including electric vehicles and energy storage. Details for joining the webcast are available on their website.

Nano One Materials Corp will hold its annual general meeting (AGM) on July 26, 2022, at 1:30 PM Pacific Time. After the AGM, a live presentation and Q&A session will take place starting at 2:00 PM. Shareholders have been sent materials for the AGM, with voting required by 1:30 PM on July 22, 2022. The meeting aims to update shareholders on company developments and encourage participation via webcast. Nano One specializes in low-cost, low-environmental footprint production of high-performance lithium-ion battery materials.

Nano One Materials Corp. has successfully closed an equity investment of US$10M from Rio Tinto, acquiring 4,643,148 common shares at C$2.70 per share. This collaboration will focus on localizing the lithium-ion battery supply chain, particularly in Quebec, enhancing Nano One's patented cathode technology. The funding will also support the acquisition of the Candiac facility and further development of technology and supply chains. Rio Tinto's 1,000,000 warrants allow share purchase at C$4.00 until June 2023.

Nano One Materials Corp. has announced the appointment of Lisa Skakun as an independent director, effective immediately. Paul Matysek, Executive Chair, stated that her extensive business, regulatory, and governance experience will bolster the company's growth initiatives in Quebec and British Columbia. Skakun, a lawyer with over 20 years in private and public sectors, previously served at Mogo Finance Technology and Coast Capital Savings. Additionally, the company has scheduled its Annual General Meeting for July 26, 2022, at 1:30 pm Pacific time, with details to be shared beforehand.

Nano One Materials Corp is hosting a live steam event today in collaboration with Rio Tinto. The event will provide updated streaming links due to previous links no longer being valid. An archived video will be available on Nano One's website after the event. Nano One focuses on a patented technology for producing lithium-ion battery cathode materials that supports the global transition to a zero-emission future. The company is backed by various government programs, including funding from Sustainable Development Technology Canada.

Nano One Materials Corp has secured a US$10M strategic equity investment from Rio Tinto. This partnership aims to advance Nano One's cathode manufacturing technologies, enhancing their multi-cathode commercialization strategy. The investment will support the development of Nano One’s facility in Candiac, Quebec, and aid in producing cleaner battery materials. Following the deal, Rio Tinto will hold approximately 4.9% of Nano One's shares. This collaboration aligns with Canada's Mines-to-Mobility initiative, facilitating a localized battery ecosystem.

Nano One Materials Corp. has announced a joint development agreement (JDA) with BASF SE to co-develop advanced cathode active materials (CAM) using Nano One's patented M2CAM® process. This agreement aims to reduce by-products and improve manufacturing efficiency. It includes a comprehensive commercialization study for various production phases. The partnership is seen as a significant milestone, with both companies expressing optimism about enhancing battery performance and environmental sustainability. Nano One is focused on low-carbon, high-performance battery materials.