GMG Announces Changes to Board of Directors
Brisbane, Queensland, Australia–(Newsfile Corp. – June 23, 2022) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to announce that Dr. Emma FitzGerald will join the Board of Directors (the “Board”), effective July 1, 2022. GMG also announces that the current director, Robbert de Weijer, will leave the Board and the Company as of July 15, 2022.
Emma Fitz Gerald has over 25 years of leadership experience with global companies in the water and energy sectors. Most recently, she was CEO of Puma Energy, specializing in providing affordable and sustainable energy solutions to emerging markets in Africa, Central America and Asia. Previously, she ran gas, water and waste networks for National Grid and Severn Trent in the UK. She also spent many years leading the downstream retail, lubricants and LPG business for Shell plc. around the world. For the past ten years, she has served on the boards of publicly traded, private and not-for-profit organizations as an executive and non-executive director.
Emma is currently a non-executive director of UPM Kymmene, Seplat Energy and Newmont Corporation. She is also a climate mentor for the Creative Destruction Lab, a non-profit organization focused on scaling innovative solutions to accelerate the energy transition. Emma holds a PhD in Surface Chemistry/Materials Science from Oxford University and an MBA from Manchester Business School.
Robert deWeijer was a co-founder of GMG, joining the company and board in 2017. He played a key role in developing GMG’s unique graphene production technology and translating it into operational processes. Robbert’s passion for health, safety and the environment led him to lead and support key processes and initiatives as GMG experimented and grew. Robbert has also developed and maintained a number of relationships with technical and business partners critical to GMG’s success. For the past year, he has overseen the battery production program before recently handing over his responsibilities.
Guy Outen, Chairman of the Board, said: “The Board understands and supports Robbert’s desire to spend more time with his family and friends in Australia and overseas and therefore his resignation as Director and Director. The board and the company thank him and wish him and his family every success in the future. We also welcome Emma to the Board of Directors and look forward to her contribution to the future development of GMG.”
GMG is a cleantech company that seeks to offer energy saving and energy storage solutions, made possible by graphene, including those manufactured in-house through a proprietary production process.
GMG has developed a proprietary production process to break down natural gas (i.e. methane) into its elements, carbon (such as graphene), hydrogen and certain residual hydrocarbon gases. This process produces high quality, low cost, scalable, “tunable” and low/no contaminants graphene suitable for use in cleantech and other applications. The company’s current focus is to reduce risk and develop capabilities for commercial scaling and securing market applications.
In the energy savings segment, GMG focused on Graphene-enhanced heating, ventilation and air conditioning (“HVAC-R”) coatings (or energy-saving paint), lubricants and fluids . In the energy storage segment, GMG and the University of Queensland are working with financial support from the Australian government to advance the R&D and commercialization of graphene aluminum-ion batteries (“G+AI batteries”).
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Caution Regarding Forward-Looking Statements
This press release contains 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 the Company’s management 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 “potentially” or “probably” occur. Such information and statements, referred to herein as “forward-looking statements”, are not historical facts, are made as of the date of this press release, and include, without limitation, statements relating to the impact of the new member of the board of directors on the company. development.
These forward-looking statements involve numerous risks and uncertainties, and actual results may differ materially from the results suggested in the forward-looking statements. These risks and uncertainties include, among others, the effectiveness of the Company’s personnel and their ability to influence the development of the Company.
In making the forward-looking statements in this press release, the Company applied several important assumptions, including, without limitation, assumptions regarding the deployment of the Company’s resources and personnel and the accuracy of the Company’s expectations. concerning the impact of personnel on the development of the Company.
Although the Company’s management has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements or information, there may be other factors that cause the results are not those 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 this information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statements, forward-looking information or financial outlook which are incorporated by reference herein, except in accordance with applicable securities laws. We seek refuge.
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