Former Allkem Chairman Martin Rowley Joins Atlas Lithium as Lead Strategic Advisor

Boca Raton, Florida–(ACN Newswire – September 26, 2023) – Atlas Lithium Corporation (NASDAQ: ATLX) (“Atlas Lithium” or “Company”) is pleased to announce the appointment of Mr. Martin Rowley as the Company’s Lead Strategic Advisor. Mr. Rowley is a pioneer of the modern lithium industry and has over 40 years of experience as a founder, financier, and highly successful mining entrepreneur. In fact, Mr. Rowley has earned the rare distinction of starting and growing two prominent multi-billion-dollar companies, one in lithium and the other in copper.

In 1996, Mr. Rowley co-founded copper producer First Quantum Minerals Ltd., currently valued at over CAD 22 billion. In 2009, he recognized the potential of lithium and became Chairman of Lithium One Inc, which at that stage had secured interests in the Sal de Vida and James Bay lithium assets in Argentina and Canada. Mr. Rowley then became Chairman of Galaxy Resources Ltd after it merged with Lithium One, adding the Mt. Cattlin spodumene mine in Australia to its asset portfolio. He led significant growth in Galaxy, ultimately resulting in the merger with Orocobre Ltd in 2021 which created Allkem Ltd. Since the time of his appointment as Chair of Lithium One, its market capitalization grew from AUD 20 million to a recent peak of over AUD 10 billion for Allkem. Mr. Rowley retired as Chairman of Allkem in November 2022.

Martin Rowley commented, “Atlas Lithium appealed to me as a company focused on strong execution rather than marketing hype. Under Marc’s leadership, the company has put together a first-class team and a high-potential asset portfolio. I look forward to contributing my experience and insights to assist growing Atlas Lithium into a leading resource company.”

Marc Fogassa, the Company’s Chairman and CEO, commented, “Our immediate focus is to become a lithium producer. We believe that Mr. Rowley’s strategic advice will help drive significant value creation for our shareholders as we accelerate the execution of such plan. His willingness to lend his expertise and experience is a testament to his belief in our vision.”

About Atlas Lithium Corporation
Atlas Lithium Corporation (NASDAQ: ATLX) is focused on advancing and developing its 100%-owned hard-rock lithium project in Brazil’s Lithium Valley, a well-known lithium district in the state of Minas Gerais. In addition, Atlas Lithium has 100% ownership of mineral rights for other battery and critical metals including nickel, rare earths, titanium, and graphite. The Company also owns equity stakes in Apollo Resources Corp. (private company; iron) and Jupiter Gold Corp. (OTCQB: JUPGF) (gold and quartzite).

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward looking statements are based upon the current plans, estimates and projections of Atlas Lithium Corporation and its subsidiaries (collectively, “Atlas Lithium” or “Company”) and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward- looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium’s ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.

Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-Q filed with the SEC on August 14, 2023. Please also refer to the Company’s other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company’s views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.

Investor Relations:
Michael Kim or Brooks Hamilton
MZ Group – MZ North America
+1 (949) 546-6326
ATLX@mzgroup.us
https://www.atlas-lithium.com/
@Atlas_Lithium

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Archaeology Branch Confirms Doubleview’s Favorable Interim Archaeological Impact Assessment

Vancouver, British Columbia–(ACN Newswire – September 25, 2023) – Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company or “Doubleview”) is pleased to announce the Archaeology Branch of the Ministry of Forests confirms the findings in the interim Archaeological Impact Assessment (“the Assessment”) prepared by Taiga Heritage Consulting Ltd., under permit 2022-0470 and determined no additional archaeological work is required on the permitted work area of the Hat Polymetallic Project located northwest British Columbia, Canada.

The Interim Archaeological Impact Assessment conducted under HCA (Heritage Conservation Act) Permit 22-0470 and prepared by Taiga Heritage Consulting Ltd. is concluded and no additional archaeological work is required within the proposed development areas and existing boundaries of the Hat Permit.

Doubleview Gold Corp appreciates the collaborative effort involved in ensuring responsible development in the region and is committed to upholding these standards while conducting operations with the utmost care and respect for the environment and the area’s cultural heritage. In the unlikely event that unexpected archaeological features are encountered during development or operations, the company will immediately cease work in the vicinity of the discovery and contact the Archaeology Branch.

Doubleview President and CEO, Mr. Farshad Shirvani, stated, “The positive Assessment is in line with Doubleview’s commitment to responsible exploration practices and environmental stewardship in all its operations. Additionally, the positive Assessment allows for further exploration and drilling at the project, including at the Hoey target, 1.4km from the Lisle Zone, that has produced some of the best surface sampling results from bedrock seen at the Hat Deposit to date.”

“As Canada and the world move towards achieving net-zero economies, it becomes imperative to responsibly develop natural resources, from discovery to mining. The Company’s HAT Deposit contains several critical metals, as defined by the federal government, which will play a significant role in positioning Canada as a net-zero nation. Results from the Company’s NI43-101 Resource Estimate, currently being calculated, will provide a comprehensive overview of the potential scale of Doubleview’s contribution to this promising future.”

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (GER: A1W038), (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/181775

Doubleview Reports the Exploration Model and 2023 Diamond Drilling Targets at the Hat Polymetallic Deposit

Vancouver, British Columbia–(ACN Newswire – September 18, 2023) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company or “Doubleview”) is pleased to report that this season’s exploration drilling at its Hat polymetallic deposit has been successful in extending the dimensions of the Lisle Zone. Drilling is continuing to systematically increase the deposit envelop, and infill parts of the exploration model where drill hole coverage had been lighter.

Note, for discussion purposes and to refer to areas shown in the accompanying drawing (Figure 1), the newly-named “Buck Zone” lies between Main Lisle Zone that has been drill tested since its discovery in 2014 and its west extension; the “Feeder Zone” refers to the newly discovered south extension of the Lisle Deposit.

Recent drilling indicates that the Buck Zone, as shown, has dimensions of approximately 430 metres by 540 metres, whereas the Feeder Zone extends the deposit approximately 400 metres south and appears to be at least 500 metres east-west, bringing the total dimensions of the Lisle zone to about 1,450 metres (north-south) X 1,400 metres (east-west). Core samples are being analysed, relevant sample data will be reported when received, verified and compiled.

Randomly Selected drill core mineralization photos of the Buck Zone connecting the Main Lisle Zone and West Mineralization.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/180958_5583abd0a4c1dbfb_001full.jpg

The new Discovery, the Feeder Zone extending the Lisle Zone south. Randomly selected photos of the new extension.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/180958_seleced-feeder-zone-mineralization—00.jpg

Figure 1: Hat property, new discovery zones of the Lisle Deposit.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8003/180958_5583abd0a4c1dbfb_003full.jpg

Doubleview’s President and CEO, Farshad Shirvani, commented that the 2023 exploration program has successfully achieved the objectives of increasing the dimensions of the mineralization envelope and infilling key parts of the deposit model, important progress as we prepare to initiate resource estimation. Recent drilling not only served to show geological and mineralogical continuity in important parts of the deposit but has helped remove areas of data weakness while giving guidance for further drill testing. Our geologic model will be up-dated and revised following completion of our 2023 exploration season. We are deeply appreciative of the continuing support of our shareholders as we work diligently to define the Hat Deposit and its endowment of strategic metals.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (GERMANY: A1W038), (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company’s portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/180958

Q2 Metals Discovers New Spodumene Pegmatite Occurences and Extends the Mia Lithium Exploration Trend to 9.7 Kilometres

Vancouver, BC, Sep 13, 2023 – (ACN Newswire) – Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) ("Q2" or the "Company") is pleased to provide an update on its surface mapping and rock sampling activities at the Mia Lithium Property (the "Property") located in the Eeyou Istchee James Bay territory of Quebec.

Four new spodumene pegmatite occurrences1 have been discovered on the Mia Exploration Trend (see Figure 1). Three of the outcropping pegmatite zones are located between the previously known Mia and Carte mineralized zones (see previous Q2 announcement from June 29, 2023). The other new discovery is located 1,400 metres northeast of the Carte Zone, thus extending the distance between the lithium mineralized occurrences on the trend to 9.7 kilometres.

A total of 136 individual pegmatite outcrops have been mapped along the Mia Exploration Trend (see Figure 1). Rock samples have been collected at these sites to confirm the presence of lithium or indicator elements which may suggest the presence of lithium nearby. The majority of the pegmatite outcrops along the Mia Exploration Trend exhibit a similar mineralogy and texture compared with the outcrops that have confirmed spodumene.

To date, 212 rock samples have been collected on the Property since re-mobilization. The crew will continue the current mapping and sampling campaign until September 15. Following that, Q2 will return mid-October to begin its drill program starting at the Mia Zone. It is anticipated that drilling will continue until weather conditions become unfavorable, and then return once again during frozen ground conditions in January, 2024.

"The work completed thus far in a short amount of time back on the Property has exceeded my expectations. The true scale of the Mia Trend is unfolding with our work, and sets the stage for our follow up core drilling campaign," said Neil McCallum, VP Exploration for Q2 Metals.

Figure 1. Mia Lithium Property Summary, September 2023
https://images.newsfilecorp.com/files/1454/180441_9c4c235e542c3a39_001full.jpg

Figure 2. Photos, new spodumene samples and Carte Zone Outcrop, Mia Property
https://images.newsfilecorp.com/files/1454/180441_9c4c235e542c3a39_002full.jpg

Qualified Person

Neil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Geologues du Quebec and Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and has reviewed the technical information in this news release. Mr. McCallum is a director and VP Exploration of Q2.

About Q2 Metals Corp

Q2 Metals Corp. is a Canadian mineral exploration company currently advancing exploration of its 8,668-ha flagship Mia Lithium Property in the Eeyou Istchee James Bay Territory of Quebec, Canada which is host to the Mia Li-1 and Mia Li-2 lithium occurrences. The Company also owns the Stellar Lithium Property with 77 claims totaling 3,972-ha, located approximately six kilometres north of its Mia Lithium Property.

Q2 is also exploring the highly prospective Big Hill and Titan gold projects covering approximately 110 km2 in the Talgai Goldfields of the broader Warwick-Texas District of Queensland, Australia, hosting 54 high-grade historical gold mines.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Alicia Milne
President & CEO
Alicia@Q2metals.com

Jason McBride
Corporate Communications
Jason@Q2metals.com

Telephone: 1 (800) 482-7560
E-mail: info@Q2metals.com

Follow the Company: Twitter, LinkedIn, Facebook, and Instagram

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedar.com.

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

1 Cautionary Statement- Q2 cautions that visual observations of spodumene should not be considered a proxy or substitute for laboratory analysis, which are required to determine the grade of the mineralisation. Analytical information will be reported when received.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Doubleview Surpasses 7,500m This Season Diamond Drill Coring at the Hat Polymetallic Deposit

Vancouver, BC, Sep 11, 2023 – (ACN Newswire) – Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company or "Doubleview") is pleased to report that diamond drill coring at the Hat Polymetallic Deposit in 2023 has exceeded footages achieved in all prior years. Total coring has passed the 7,500 metre milestone and is continuing at full speed.

Doubleview's drilling and other activities are wholly focused on expanding our mineral resource by extending the mineralization laterally and to greater depths and learning more about the geology and metallurgy of what appears more and more, to be a deposit of considerable importance. We welcome the challenge of unearthing more of its unique characteristics and we look forward to sharing details of our progress in news releases and other media.

The Company, in addition to the remarkable drilling performance, has been particularly active in laboratory and resource estimation studies and is positioning itself for accelerated exploration efforts in the remainder of the field season. Substantial progress has been made in improving and enhancing our Hat Project facilities, particularly those related to camp infrastructure. We are happy to report that despite this being one of British Columbia's driest and most wildfire destructive seasons on record, we, with the total cooperation of our field crew, have avoided any fire-related shutdowns or incidents.

Doubleview has taken substantial steps to enhance our operational capacities and camp infrastructure during the ongoing exploration program to prepare for the anticipated expansion of our exploration activities.

Notably, a team of six archaeologists undertook extensive archaeological fieldwork, including shovel test studies. The results of this work will contribute to detailed archaeological reports, which will be submitted to the Archaeological Branch of BC and the Ministry of Energy and Mine and Low Carbon Innovation. The Company is pleased to report that the initial findings suggest no significant archaeological obstacles on the Hat Polymetallic project.

To ensure the integrity of our various activities, and in anticipation of greater levels of exploration, we have reviewed and revised our quality assurance/quality control (QA/QC) procedures and can confirm that our chain-of-control and other measures are working smoothly and satisfactorily.

Company announces it has granted incentive stock options to certain directors, officers and consultants of the Company to acquire an aggregate of 1,450,000 common shares in the capital of the Company at an exercise price of $0.35 (the "Options") in accordance with the Company's 10% rolling incentive stock option plan. The Options are exercisable for a five-year term expiring September 12, 2028, and will become fully vested immediately.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

Cautionary Note: Although a mineral resource estimation is currently being prepared by an independent engineering firm, no mineral resources have been estimated at the Hat Property and there is no assurance that further work will result in the Lisle Zone, or other zones if present, being classified as mineral resources.

About Doubleview Gold Corp

Doubleview Gold Corp., a mineral resource exploration and development company, is based in Vancouver, British Columbia, Canada, and is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (GERMANY: A1W038), (FSE: 1D4). Doubleview identifies, acquires and finances precious and base metal exploration projects in North America, particularly in British Columbia. Doubleview increases shareholder value through acquisition and exploration of quality gold, copper and silver properties and the application of advanced state-of-the-art exploration methods. The Company's portfolio of strategic properties provides diversification and mitigates investment risks.

On behalf of the Board of Directors,
Farshad Shirvani, President & Chief Executive Officer

For further information please contact:
Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GMG Achieves Initial 500 mAh Graphene Aluminium-Ion Battery Prototype in Pouch Cell Format & Provides Next Steps Toward Commercialisation

BRISBANE, AUS, Sep 11, 2023 – (ACN Newswire) – 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
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
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
https://images.newsfilecorp.com/files/8082/180189_gmg3.png

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

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)
https://images.newsfilecorp.com/files/8082/180189_787c8634f4c2f806_005full.jpg

GMG's 4 critical business objectives are:

1. Produce Graphene and improve/scale cell production processes
2. Build Revenue from Energy Savings Products
3. Develop Next-Generation Battery
4. 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.

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
www.graphenemg.com

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 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.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Palladium One Expands Its Tyko Nickel – Copper District by 8,620 Hectares, Ontario, Canada

TORONTO, ON, Sep 11, 2023 – (ACN Newswire) – Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce the expansion of the Tyko Nickel – Copper District, with the acquisition of the highly prospective "Tyko II Copper – Nickel – PGE" property, located approximately 10 kilometers north of the Tyko I (formerly "Tyko") property, and 15 kilometres east of the town of Manitouwadge, Ontario, Canada.

HIGHLIGHTS

– Property position expanded by 8,620 hectares. The new property ("Tyko II") is located 10 kilometers north of the main Tyko (now referred to as Tyko I) property and has been acquired through a combination of staking and two claim group purchases.

– Exploration potential:
— Historic grab samples suggest a strong potential for copper – nickel – PGE mineralization:
—- 1.17% Cu, 0.73% Ni, 2.4 g/t Pd, 0.2 g/t Pt (Kejimalda Zone)
—- 0.54% Cu, 0.11% Ni, 1.0 g/t Pd, 0.4 g/t Pt (Moshkinabi Zone)
—- 2.46% Cu, 0.22% Ni (Gionet Zone)
—- 6.70% Cu, 0.17% Ni (Faries Lake Zone)
— Multiple untested historic ElectroMagnetic ("EM") anomalies provide developed drill targets.
— Historic exploration has identified multiple copper – nickel – PGE showings which are associated with the Faries-Moshkinabi Mafic-Ultramafic complex and which share geological similarities to the Tyko I Property.

– Existing exploration drill permits and a network of logging roads allow for near term drilling.

"This property expansion bolsters the Company's nickel – copper strategy in a premiere mining jurisdiction and specifically in a highly prospective, relatively unexplored region, where it now controls 38,130 hectares. Tyko II brings an additional pipeline of drill permitted magmatic copper – nickel sulphide targets. The Tyko II project has many geological similarities to Tyko I with several untested historic EM anomalies. Prior to our high-grade discovery, the Smoke Lake zone also began as a historic untested EM anomaly. Just like Tyko I, Tyko II has seen surprisingly little historic exploration or even government mapping.

"Having completed the majority of the planned 2023 prospecting, mapping and soil sampling program, the Company is on track to begin drill testing new and existing targets in mid-October.

"With $14.5 million of cash on hand as of the end of Q2 the Company is well financed for our planned activities," commented Derrick Weyrauch, President and CEO.

Transaction Details

The Tyko II Property was acquired through a combination of staking (47 claims, totalling 994 hectares) and claim purchases (307 claims totalling 7,627 hectares) from local prospectors.

The claim purchases include aggregate consideration of:

– $100,000 cash,
– 2.3 million common shares of the Company as follows:
— 1.1 million common shares issued at Closing,
— 0.4 million shares issued 4 months from Closing,
— 0.4 million shares issued 8 months from Closing, and
— 0.4 million shares issued 12 months from Closing
– A Net Smelter Return Royalty ("NSR") in respect of 137 claims

Completion of the transaction is subject to TSX Venture Exchange approval.

Property Location and Description

The Tyko II Property is located approximately 10 kilometers north of the main Tyko I Property and roughly 15 km east-southeast of the town of Manitouwadge, ON, (Figure 1). The claim block encompasses magnetic anomalies associated with the Faries-Moshkinabi Mafic-Ultramafic Complex. The property is accessible via a network of all season logging roads.

Exploration History

The Tyko II Property area has seen limited government reconnaissance mapping programs dating as far back as 1932. In 1953 the world class Geco Copper-Zinc mine was discovered in the nearby Manitouwadge greenstone belt, 15 km to the northwest. Early geological mapping and mineral exploration in the area was focused largely on the Manitouwadge greenstone belt, to the north of Moshkinabi Lake, whereas Tyko II lies south of the lake.

The earliest organized exploration program in the Moshkinabi Lake area dates back to 1960's when Falconbridge Nickel Mines Ltd completed EM and Magnetic ("Mag") surveys, including seven reconnaissance drill holes. In the late 1980's Noranda Minerals Inc (Geco Division) ("Noranda") conducted further reconnaissance exploration consisting of 16 diamond drill along a northwest trend east of Faries Lake discovering substantial copper mineralization at the Faries Lake Zone. Noranda subsequently completed a large Digem airborne EM and Mag survey that covered the majority of the Tyko II and the northern half of the Tyko I properties, this EM survey also identified the anomaly which eventually resulted in the discovery of the high-grade Smoke Lake Nickel-Copper Zone on Tyko I, several EM conductors from this historic geophysical survey remain untested on the Tyko II property. Subsequent sporadic exploration south of Moshkinabi Lake identified multiple Cu-Ni-PGE mineral showings within the Faries-Moshkinabi mafic to ultramafic complex (Table 1, Figure 2).

Table 1. Historic Copper-Nickel Showings on the Tyko II Property
https://www.newsfilecorp.com/release/180135

Geology Overview

The Faries-Moshkinabi Mafic-Ultramafic Complex is located along the southern edge of the Manitouwadge-Hornepayne Greenstone belt ("MHGB") (Figure 2). The Complex is part of the Wawa-Abitibi Terrane and lies at the northern boundary of the Wawa subprovince (Stott, 2011), it is intruded by tonalitic rocks associated with the Black-Pic batholith.

The Ontario Department of Mines was the first to document the occurrence of mafic to ultramafic rocks east of Faries Lake (Milne, 1968). However, it was not until Williams and Breaks (1989, 1990) of the Ontario Geological Survey that reconnaissance mapping outlined the extent of mafic to ultramafic rocks in the vicinity of Faries Lake and south of Moshkinabi Lake that the Faries-Moshkinabi Mafic-Ultramafic Complex was defined. The Complex is described as consisting of a layered suite of gabbro, leucogabbro, anorthosite, and peridotite overlain by thin lens of amphibolitized mafic metavolcanic rocks (see Figure 2).

The world class Geco ("Volcanogenic Massive Sulphide") VMS deposit is located along the western margin of the MHGB, approximately 15 km northwest of the Tyko II Property. From 1957 to 1995, the Geco Mine produced over 49.3 Mt of ore grading 1.85% Cu, 3.78% Zn, and 56.2 g/t Ag (Puumala et al., 2020); in addition, the satellite Willroy, Willecho, and Nama Creek Mines entered production of copper-zinc-lead-silver ore at various times during this period. The Tyko II property contains altered volcanics rocks with similarities to those which host the Geco Mine and thus is also prospective for VMS hosted copper – zinc as well and magmatic hosted nickel – copper mineralization.

Future Work

The Faries-Moshkinabi Mafic-Ultramafic Complex is associated with several Cu-Ni-PGE showings, making it a compelling target with similarities to the Company's Tyko I property. An airborne Versatile Time Domain Electromagnetic airborne ("VTEM") survey and soil sampling of historic EM anomalies is planned to commence shortly. A majority of the Tyko II property is also covered by existing drill permits which will allow drill testing by year's end.

Figure 1. Regional location map of the Company's Tyko Project and other nearby mineral properties
https://images.newsfilecorp.com/files/6502/180135_d9a7f70c748e58f9_001full.jpg

Figure 2. Geological map of the Tyko II Property (in yellow) highlighting historic copper – nickel showings and EM anomalies.
https://images.newsfilecorp.com/files/6502/180135_d9a7f70c748e58f9_002full.jpg

Qualified Person

The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

About Palladium One

With a focus on climate change risks and opportunities, Palladium One Mining Inc.'s (TSXV: PDM) strategy is to discover and ultimately produce critical Green Transportation Metals, including but not limited to sulphide nickel, copper, palladium, platinum and cobalt. A Canadian mineral exploration and development company, Palladium One is advancing district scale deposits in Canada and Finland. The Lantinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada respectively. Follow Palladium One on LinkedIn and Twitter.

ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director

For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Graphene Manufacturing Group Appoints Former Wall Street Veteran and Manufacturing Entrepreneur Jack Perkowski to Its Board of Directors

BRISBANE, AUS, Sep 8, 2023 – (ACN Newswire) – Graphene Manufacturing Group Ltd. (TSXV:GMG) ("GMG" or the "Company") is pleased to advise that Mr Jack Perkowski, based in New Jersey USA, has joined the Company's board of directors effective 7 September, 2023.

Mr Perkowski founded ASIMCO Technologies in 1994, and from 1994 to 2008, served as the Chairman of ASIMCO's Board of Directors and the company's Chief Executive Officer. Under Mr Perkowski's leadership, ASIMCO became one of the most important players in China's automotive components industry and gained a reputation for developing local management and integrating a broad-based China operation into the global economy. ASIMCO was later sold to Bain Capital in 2010 and is still regarded as one of the most successful automotive component manufacturing companies in China. Prior to moving to China, Mr Perkowski worked for twenty years on Wall Street where he was the head of Investment Banking at Paine Webber, a major securities firm that was eventually acquired by UBS in 2000. After leaving ASIMCO, Mr Perkowski founded JFP Holdings, a merchant banking firm focused on China, where he now serves as Chairman.

GMG's CEO Craig Nicol stated, "I'm very excited to see Jack joining as a Director of the Company to support our progression into a commercial manufacturing operation – his finance and manufacturing entrepreneur experience and knowledge will be a great addition to the company and board – I very much look forward to working with him."

Guy Outen, GMG's Chair added, "I'm delighted to welcome Jack to the board. His past successes at Paine Webber and ASIMCO and his knowledge in manufacturing and finance give me confidence that he will be a great asset to the board and in supporting GMG's significant aspirations."

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.

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, with low cost inputs, 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 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

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.

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. Perkowski will join the board of director, and the contributions Mr. Perkowski will make to the Company in his capacity as a director.

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 effective date on which Mr. Perkowski joins the board of directors, and his contributions as a director differing from management's current expectations.

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. Perkowski will join the board of directors, and the positive impact Mr. Perkowski will have on the Company's development in that role.

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.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Rover Metals Announces Results of Expanded Phase 1 Surface Exploration Program at Its LGL Lithium Project, Nevada, USA

Vancouver, BC, Sep 7, 2023 – (ACN Newswire) – Rover Metals Corp. (TSXV:ROVR)(OTCQB:ROVMF)(FSE:4XO) ("Rover" or the "Company") is pleased to announce that further to its release of August 1, 2023, management of the Company, including Mr. James Ingraffia, have completed a successful field visit and surface sampling program at the Let's Go Lithium ("LGL") project, NV, USA.

Picture of Sample 348420

Summer 2023 Work Program

Management, including Mr. Ingraffia, spent a week in the field this summer at the LGL program. The purpose of the field visit was to orient Mr. Ingraffia with the project as well as confirm previously reported high-grade lithium surface samples at the project, with the goal of starting work on a geological map of the clay body at LGL. Mr. Ingraffia will work with Rover's CEO, in the coming weeks and months, on a Plan of Operations For Exploration and any necessary environmental assessment that may be required under the U.S. National Environmental Policy Act ("NEPA").

James Ingraffia

James is a senior lithium geologist specializing in Nevada. Mr. Ingraffia is the founder of Lithium Arrow LLC. He has seven years of experience in lithium economic geology, and is a highly trained specialist in lithium claystone and experienced in lithium brines and pegmatites. He got his start with the United States Geological Survey in lithium brine and claystone geochemistry, in partnership with Pure Energy Minerals before its purchase by Schlumberger. He then characterized the Thacker Pass lithium claystone deposit, from the atomic to kilometer scale, and published the results in partnership with Lithium Americas Corporation and the Nevada Bureau of Mines and Geology. He holds a Master's Degree of Geology, with training in Business Administration, from the University of Nevada Reno and a Bachelor's of Geology from California State University Northridge. Mr. Ingraffia is based in Reno, NV.

Surface Sampling Results

The results of Mr. Ingraffia's surface sampling work is provided in the below table. Lithium grades have been analyzed using a SkiAps 903 Handheld Laser Induced Breakdown Spectroscopy ("HH LIBS"):

Sample ID | Method | Grade (ppm Li)
348222 averaged | HH LIBS | 850.35
348421 | HH LIBS | 680.1
348420 averaged | HH LIBS | 1,032.75
348419 | HH LIBS | 371.9
348418 | HH LIBS | 606.9
348417 | HH LIBS | 436.6
348416 | HH LIBS | 631.4
348415 | HH LIBS | 253.4
348414 | HH LIBS | 417.3

A SkiAps LIBs 903 analyzer was used to assay these samples. The QA/QC protocols for the LIBs are as follows: (a) it was calibrated for Claystones; (b) it was tested on a known Claystones lithium sample prior to fieldwork; and (c) the field samples were shot in a controlled environment, inside, with proper cleansing of the lens, and sample separation. The highest grades were shot several times to try to eliminate any nugget affect; (d) fine ground particulates were not tested, so no pucking was necessary.

Picture of Sample 348420
https://photos.acnnewswire.com/20230907.RoverMetals.jpg

An initial geological map of the LGL project, including all new and historic surface samples reporting higher then 400 ppm Li (including historic laboratory assays and historical HH LIBS work) can be accessed at the following link:

Geological Map
https://rovermetals.com/summer-2023-sampling-program

Technical information has been approved by David White, P.Geo., QP for the purposes of NI 43-101.

Judson Culter, CEO at Rover Metals, states "the results of the summer 2023 work program reinforces managements' working model of the LGL project. We believe the project to be an at, or very near to surface clay deposit, with open pit mine potential. Although claystone lithium deposits typically have higher grades at depth, we're getting high grades of lithium near to surface at LGL. Lhoist North America has been open pit mining specialty clays in the area since the 1970s. Management believes that mining exploration and mining activities can co-exist along side the national parks in the vast rural area of the Amargosa Valley of Nevada. Management has been working through the summer to short-list preferred environmental consulting firms, and we hope to finalize the consultant for our NEPA process within the next few weeks."

About Rover Metals

Rover is a publicly traded junior mining company that trades on the TSXV under symbol ROVR, on the OTCQB under symbol ROVMF, and on the FSE under symbol 4XO. The Company has a diverse portfolio of mining resource development projects with varying exploration timelines. Its critical mineral projects include lithium, zinc, and copper. Its precious metals projects include gold and silver. The Company is exclusive to the mining jurisdictions of the U.S. and Canada.

You can follow Rover on its social media channels:
Twitter: https://twitter.com/rovermetals
LinkedIn: https://www.linkedin.com/company/rover-metals/
Facebook: https://www.facebook.com/RoverMetals/
for daily company updates and industry news, and
YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber
for corporate videos.
Website: https://www.rovermetals.com/

ON BEHALF OF THE BOARD OF DIRECTORS
"Judson Culter"
Chief Executive Officer and Director

For further information, please contact:
Email: info@rovermetals.com
Phone: +1 (778) 754-2617

Statement Regarding Forward-Looking Information

This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Rover's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. There can be no assurance that such statements prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Rover's expectations. Rover undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GMG Product Commercialisation Process, Corporate Growth & Channel Strategy

BRISBANE, AUS, Sep 6, 2023 – (ACN Newswire) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to outline three important strategies: the Company's product commercialisation process, organic corporate growth strategy and product distribution channel strategy.

The Company's Product Commercialisation Process (see Figure 1) is to develop the Company's products through four stages, including: (i) developing the initial product concept, (ii) making the product repeatedly and verifying it will meet the target market needs with external testing, (iii) building the capacity to produce and sell the product, including regulatory approvals and organisation, and (iv) building awareness, making and selling the product into the route to markets developed.

Figure 1: Product Commercialisation Process. *GMG Graphene Powder is made for use in GMG's products.
https://images.newsfilecorp.com/files/8082/179690_graphene_01_550.jpg

The Company is also pleased to announce Thermal XR is now in the fourth and final stage of commercialisation; building awareness, making and selling the product. G Lubricant is positioned in the second stage as it is currently undergoing product market testing and the Graphene Aluminium Ion Battery (G+AI Battery) is also in the second stage as the battery is currently undergoing product development and optimisation (see Company's news release dated May 29, 2023).

The Company's intended organic Growth Strategy (see Figure 2) is to progress the products through the commercialisation process to be able to grow revenues from making and selling Thermal XR(R) and G Lubricant whilst developing Energy Storage products (i.e. the Graphene Aluminium Ion Battery). Supporting both will be the continued development and growth of GMG's Graphene production engineering capability.

Figure 2: Corporate Growth Strategy.
https://images.newsfilecorp.com/files/8082/179690_graphene_02_550.jpg

Meanwhile, the Company plans to continue developing Energy Storage products with the goal of adding selected partners from different verticals to co-sponsor and accelerate development. Rio Tinto is the first such sponsor, targeting Graphene Aluminium Ion battery for mining haul trucks in the mining and mineral processing sector.

The Company's intended Channel Strategy (see Figure 3) is to sell its Energy Saving products through relevant industry segment distributors in various geographic locations and/or co-branded products for further distribution. The co-branded products allow product co-developers to share in GMG's branded logo and product technology through their existing production, distribution and sales infrastructure. The Company sees this as a way to distribute its product and increase GMG's footprint faster and wider. For larger companies where bespoke or new applications require product development and/or support, direct sale would initially be undertaken.

Figure 3: Channel Strategy.
https://images.newsfilecorp.com/files/8082/179690_graphene_03_550.jpg

The Energy Storage products, based on the Graphene Aluminium Ion Battery, will primarily be direct business to business sale (B2B Direct) as new technology battery customers require intensive technical engagement with their battery suppliers to ensure they work effectively in their products.

GMG's 4 critical business objectives remain to:

1. produce Graphene and improve/scale the production process;
2. build revenue from Energy Savings Products;
3. develop Next-Generation Battery; and
4. develop supply chain, partnerships and 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. 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
www.graphenemg.com

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, the implementation of the Company's product commercialization process, the Company's intended organic corporate growth strategy, the Company's plans to continue developing and growing the Energy Solutions products, the Company's plan to make and sell Energy Saving Products into various target market segments, the Company use of partnerships and co-branding and the Company's intended product distribution channel strategy.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions regarding: the Company will be successful in implementing its product commercialization process, the Company will be successful in executing on its intended organic corporate growth strategy, the Company will be successful in continuing to develop and grow its Energy Saving Products, the Company will be able to engage third parties in connection with sponsorship and co-branding opportunities and that the Company will be able to fulfil its intended distribution channel strategies, and derive the expected benefits therefrom. 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 Company will be unsuccessful in implementing and maintaining its product commercialization process, the Company will not be able to fulfill its intended organic corporate growth and product distribution channel strategies, or derive the expected benefits therefrom, the Company will not be able to continue developing and growing its Energy Solutions products, the Company will be unable to make and sell Energy Saving Products into target market segments, the Company will not be successful in engaging third parties and developing relationships to assist in the development of 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 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.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com