MANHATTAN, Kan., Aug. 07, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGCPF) (FRA: M98) (the “Company” or “HydroGraph”), a sustainable commercial manufacturer of pristine graphene, received a visit by Jerry Moran, the senior senator for the State of Kansas.
Sen. Moran was joined by the Manhattan Area Chamber of Commerce and hosted by HydroGraph’s president and interim CEO, Kjirstin Breure. Other key HydroGraph employees in attendance included Stephen Corkill, HydroGraph’s vice president of operations, and Chris Sorensen, vice president of R&D and the inventor of the company’s patented detonation process. The one-day visit included introductions with company employees and a tour of HydroGraph’s R&D facilities and first commercial-scale production unit, located in Manhattan, Kansas, which produces 99.8% pure graphene from oxygen and acetylene.
“We were honored to have hosted the senator at our Manhattan facility. His interest in our work here in Kansas is emblematic of graphene’s economic importance,” said Breure. “Along with our Manchester-based application development work, we’re continuing to successfully prove graphene’s immense value in numerous commercial applications.”
Sen. Moran, who has a history of supporting start-ups, discussed funding opportunities, including potential industrial and government partners available to HydroGraph, which is currently working to advance numerous application development initiatives.
“HydroGraph is a success story made possible through resources from Kansas State University and the National Science Foundation,” said Sen. Moran. “HydroGraph uses cutting-edge technology to produce quality graphene and other materials that can be used in Kansas and across the country.”
In the past 12 months, HydroGraph has announced positive test results and partnerships in concrete and cement production, lubricants, biosensors, solar energy storage, EMI shielding, plastics and more.
ABOUT HYDROGRAPH CLEAN POWER INC.
HydroGraph Clean Power Inc is a leading producer of pristine graphene using an “explosion synthesis” process, which allows for exceptional purity, low energy use and identical batches. The quality, performance and consistency of HydroGraph’s graphene follows the Graphene Council’s Verified Graphene Producer® standards, of which very few graphene producers are able to meet. We have leveraged our material performance, scalability and cost to build 10 metric tonnes of annual production capacity, with the ability to scale up production in just months using very low CAPEX, while engaged in numerous R&D projects and discussions with multiple potential partners and customers to supply our pristine graphene. For more information or to learn about the HydroGraph story, visit: https://hydrograph.com/.
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Forward-Looking Statements
This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “upon” “anticipate”, “believe”, “continue”, “plans” or similar terminology.
Forward-looking statements and information include, but are not limited to: statements in respect of the Private Placement, the use of the net proceeds from the Private Placement, the timing and ability of the Company to close the Private Placement, if at all, the gross proceeds of the Private Placement, the timing and ability of the Company to obtain all necessary regulatory approvals, if at all, and the terms and jurisdictions of the Private Placement; the statements in regards to existing and future products of the Company; the Company’s future personnel appointments; the Company’s plans and strategies.
Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of HydroGraph to control or predict, that may cause HydroGraph’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 but not limited to: HydroGraph’s ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks. HydroGraph does not undertake any obligation to update forward-looking information except as required by applicable law. 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.
CONTACTS
HydroGraph Investor Relations Contact
Salisha Ilyas, Target IR
salisha@targetir.com
Kjirstin Breure, HydroGraph President and Interim CEO
kjirstin.breure@hydrograph.com
408.267.2556
HydroGraph Media Contact
Raven Carpenter
hydrograph@fox.agency
646.665.1107
