FGR 3.85% 5.0¢ first graphene limited

FGR's new Industrial Investor, page-125

  1. 5,963 Posts.
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    There is so much coming out all right now all bunched together. One will probably be a knockout of the markets irrationality.

    So what is coming?

    We know for sure Berlin news ....
    We know from best to firestop to cement we deduce bullish news ....
    We know deals are on the table and staff have been hired at the plant....
    We know more production news is going to be coming and we know deals could already be on the table...



    Who is Craig talking to ? Who is going through our plant?

    Who is expecting the sales agreement this month or next month?


    I would also deduce that some more interviews are going to drop. I have not forgotten about GO or the VFD or page 22 of the paris report...


    So here we are living another beautiful day and deduce more exciting news events. What is big for you? Sales agreements are the logical result of satisfying the commercial efforts of the market.

    ................................................................................................................................................................


    https://wholesaleinvestor.com.au/first-graphene-ltd-asx-fgr-raises-3-2-million-by-share-placement/

    KEY TAKEAWAYS:
    • FGR has successfully raised $3.2 million in the most recent share placement.
    • These funds will be used to increase international awareness as FGR was approached by a European-based industrialist wanting to introduce graphene to its products.
    Advanced materials company, First Graphene Limited (ASX: FGR) is pleased to advise it has received firm commitments for a placement of shares at $0.18 raising $3.2 million.

    The international awareness strategy of First Graphene is gaining traction. This strategy is based on enhancing the international awareness of the company’s leading position as a high-quality supplier of bulk volume graphene as well as a creator of valuable IP.

    FGR recently participated in a technology-based conference held in Singapore, where it received a conducive reception. This was mainly influenced by Singapore’s active involvement in the search for technology and advanced sciences. FGR is more likely to expand its business in Singapore as a result of the country’s connections with the Asian countries as well as businesses.

    The company has raised $3.2 million following the acquisition of firm commitments for the placement of shares at $0.18. Shareholder approval will not be needed for the 17.7m shares issue as well as the option securities issue. The FGROC options are set to be attached by the shares issued on a ratio of 1:2.

    Most of the shares in the placement will go to a European-based industrialist. A detailed study of the companies with graphene credentials as well as the graphene sector saw the industrialist approach FGR. This exhibited FGR as a company of merit hence boosting its reputation.


    About First Graphene Limited (ASX: FGR)

    First Graphene is an advanced materials company seeking to position itself in the lowest cost quartile of global graphene suppliers. It has developed an environmentally sound and safe method of converting its supplies of ultra-high-grade graphite into the lowest cost highest quality graphene, in bulk quantities.

    https://wholesaleinvestor.com.au/first-graphene-ltd-asx-fgr-raises-3-2-million-by-share-placement/


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    https://translate.google.com/transl...e.net/index.php/altona-mining-ltd&prev=search

    First Graphite Limited (ASX: FGR) reports that it has entered into a strategic marketing and supply agreement with trays for the sale of its high grade graphite graphite products.  Although the graphite graphite product has been available on the market for over 100 years, its unique characteristics and scarcity are not sufficiently reflected in marketing and pricing.

    The very large discrepancy between prevailing market prices and downstream value-added products suggests that there is still room for improved yields for the graphite graphite producers.  The increasing number of applications for graphene is a typical example.

    The current graphene market is not yet mature and limited by supply bottlenecks in quality material.

    However, with the proven technology used in FGR graphene cells, the industry will now have access to high quality graphene for the first time.

    FGR is delighted that the company will work closely with Traxys, one of the largest specialized commodity and materials trading organizations, in the development of the graphene market from the start.  The strategic agreement with Traxys is expected to significantly accelerate FGR's market penetration and exposure, while allowing FGR's management to focus on producing the materials for sale.

    Although the terms of the agreement with Traxys are subject to the usual confidentiality clauses, the Company may announce that Traxys will receive a significant portion of its compensation in FGR shares and FGR options based on a number of performance-based sales criteria.  As a result, the future of the parties will be closely linked to the best interests of FGR stakeholders.


    FGR Managing Director Craig McGuckin said:

    "This strategic marketing alliance with Traxys confirms FGR's business plan and unique position in a young but exciting graphene industry, and recognizes the ability of FGR's management and its strategy to position itself as a low-cost, large-scale producer of graphite They are ideally placed to benefit from the expanding market. "

    "This alliance with Traxys is a critical step in the market penetration of FGR's Graphene and the company is very pleased to partner with an organization of Traxy's size and reputation."


    About trays:

    Traxys, based in Luxembourg, is a physical commodities trader and trader in the metals and mineral resources sectors.  Its logistics, marketing, distribution and supply chain management and trading activities are performed by over 300 employees in more than 20 offices worldwide, with annual sales in excess of $ 6 billion.

    Traxy's focus is primarily on the marketing and sourcing of base metals and concentrates, rare metals and alloying metals, industrial minerals and chemicals, and materials for steelworks and foundries and the management of all parts of the supply chain from producer to consumer worldwide.

    Traxys is a private company.  Its principal shareholders are the global alternative asset manager The Carlyle Group (NASDAQ: CG), subsidiaries of Louis Bacon, founder, chairman, chief executive officer and principal investment manager of Moore Capital Management, LP and Traxys Management.


    About First Graphite Ltd.  (ASX: FGR):

    First Graphite produces high quality graphene from high grade Sri Lankan graphite.
    First Graphite seeks to develop graphene production processes and acquire intellectual property in conjunction with what could provide additional revenue streams.


    About graphs:

    Graphene, the well publicized and now famous two-dimensional carbon allotrope, is as versatile as any material discovered on Earth.  Its amazing properties as the lightest and most powerful material compared to its ability to conduct heat and electricity better than any other material means it can be integrated into a huge number of applications.

    Initially, this will mean that graphene will be used to improve the performance and efficiency of current materials and substances, but in the future it will also be developed in conjunction with other two-dimensional crystals to create some even more amazing compounds that can be used in a wider range of applications will fit.

    One field of research that is being studied very intensively is energy storage.  Scientists are currently working on improving the storage capacity of lithium-ion batteries (by inserting graphene as an anode) to offer much larger storage capacities with much longer life and charging times.  Graphene is also being studied and developed to be used in the manufacture of supercapacitors which can be charged very quickly and can also store a large amount of current.

    https://translate.google.com/transl...e.net/index.php/altona-mining-ltd&prev=search


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    I pulled these up from the mindmap: I think we will be hearing more from these 2 sources and partnerships and it is also admited the confidentiality involved.

    Good to keep in mind methinks!!!






    Kind Regards
    DYOR!!!
 
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