LWP investing in technology with three Australian patents lodged – significance of the patents is a description of the chemical synthesis process to manufacture the highest quality Graphene on a commercial scale, and the production of superior battery technology
• $1.6 million cash investment and issue of 30m LWP shares to obtain 50% of patent pending Aluminum-Graphene Synthesis and battery technology
• Investment adds second ground-breaking energy technology to LWP’s portfolio
• Significant International R&D investment globally in Graphene battery technology which has demonstrated vastly superior energy density compared to lithium-ion batteries
• LWP will drive the marketing and licensing and commercialisation of the technology
• 50/50 JV structured with inventor to create market-facing brand GraphenEra Pty Ltd
• LWP remains fully committed to the continued commercialisation of its ceramic proppant technology with negotiations ongoing with a range of potential commercial partners
Is this the equity investment they made a few months back?
LWP Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held