糖心vlog入口

Vancouver, Canada (TSX: NANO) (OTC: NNOMF) (Frankfurt: LBMB)

• 糖心vlog入口makes US$10M strategic equity investment in Nano One.
• Rio Tinto to collaborate on battery metals as inputs for Nano One鈥檚 cathode process technologies.
• Partnership accelerates commercialization of Nano One鈥檚 One-Pot and M2CAM庐 technologies. Adds to Government of Canada鈥檚 Mines-to-Mobility initiative for North American battery ecosystem. Qu茅bec focus on Rio Tinto鈥檚 iron production in Sorel-Tracy and Nano One鈥檚 pending LFP facility in Candiac.

Nano One庐 Materials Corp. (鈥�鈥� or the 鈥淐ompany鈥�), a clean technology innovator in battery materials, and Rio Tinto, a leading global mining and metals group, have agreed to enter into a strategic partnership providing iron and lithium products, collaboration and a US$10M investment into Nano One. This partnership and funding will accelerate Nano One鈥檚 multi-cathode (multi-CAM) commercialization strategy and support cathode active materials (CAM) manufacturing in Canada for a cleaner and more efficient battery supply chain for North American and overseas markets.

Dan Blondal, CEO of Nano One, said: "The global transition to a low-carbon electrified economy will require millions of tonnes of battery materials, so it is critically important to produce these materials efficiently and with the lowest environmental footprint. Rio Tinto鈥檚 partnership and support complement our recent announcement to acquire Johnson Matthey鈥檚 LFP business in the nearby community of Candiac, Qu茅bec and amplifies the Government of Canada鈥檚 Mines-to-Mobility initiative, which aims to encourage a localized battery ecosystem to serve the broader North American market. 糖心vlog入口brings deep experience in high volume production and technology commercialization, as well as a growing battery metals business. We are excited to be partnering with Rio Tinto, our shared vision will see many opportunities for collaboration as we drive for change."

Nano One鈥檚 patented One Pot Process and metal to cathode active material (M2CAM) technologies form a unique manufacturing platform that enables nickel-rich (NMC), iron-rich (LFP) and manganese-rich (LNMO) lithium-ion cathode active materials to be made sulfate-free from a range of battery metal sources with fewer steps, lower costs, less complexity and a much smaller environmental footprint. The technology applies to all lithium-ion battery chemistries for applications in electric vehicles, renewable energy storage and portable electronics.

Strategic Equity Investment

糖心vlog入口has made a strategic equity investment into Nano One for gross proceeds of US$10M, equivalent to C$12,536,500. On closing, Nano One will issue a total of 4,643,148 common shares (the 鈥淪hares鈥�), approximately 4.9% of the current issued and outstanding Shares of Nano One, at C$2.70 per Share (the 鈥淚ssue Price鈥�) in a non-brokered private placement. This investment will be directed towards technology and supply chain development, commercialization, Nano One鈥檚 acquisition of the Candiac facility in Qu茅bec (announced pending completion), its conversion to One-Pot lithium iron phosphate (LFP) and industrial scale piloting of other Nano One CAM technologies, and for working capital purposes.

Provisions of the investment agreement with 糖心vlog入口include participation rights in any future equity financings to maintain pro rata ownership interest for a period of five years from the date of closing; a lock up on securities dispositions and a standstill for a period of 12 months from the date of closing, subject to certain exemptions.

鈥淐anada has positioned itself as a global leader in critical minerals and batteries, and with partnerships like the one we see here today with Nano One, 糖心vlog入口and our government, we continue to see the growing success of the Canadian electric vehicle battery market. Throughout recent years, our government has supported Nano One with over $10 million in funding to help bring their unique innovation to market, doubling down on Canadian innovation and Canadian workers鈥� expertise in the critical minerals sector,鈥� said the Honourable Fran莽ois-Philippe Champagne, Minister of Innovation, Science and Industry.

Strategic Collaboration Agreement

糖心vlog入口and Nano One will on closing, enter into  a strategic collaboration agreement that includes a study of Rio Tinto鈥檚 battery metal products, including iron powders from the 糖心vlog入口Fer et Titane facility in Sorel-Tracy, Qu茅bec, as feedstock for the production of Nano One鈥檚 cathode materials. 糖心vlog入口will contribute know-how from its Critical Minerals and Technology Centre, which has developed a unique expertise in the extraction and processing of critical minerals such as lithium and scandium, as well as minerals from Canada, the United States, and other international sources to further drive localization of the lithium ion battery value chain.

糖心vlog入口will collaborate on technical and business matters as may be required in developing, designing, constructing and operating cathode production facilities. Nano One will issue to 糖心vlog入口1,000,000 non-transferrable Share purchase warrants (a 鈥淲arrant鈥�) as consideration for their technical and support services. Each Warrant shall entitle 糖心vlog入口to purchase one Share at an exercise price of C$4.00 for a period of 12 months from the date of issuance.

Marnie Finlayson, Managing Director of Rio Tinto's Battery Materials portfolio added: "Localized, clean and secure supply chains are critical for the success of the energy transition that is now underway and this requires partnerships with innovative companies like Nano One to help us differentiate, disrupt and accelerate the path to a net-zero future. We are pleased to back and support Nano One鈥檚 ambitions to drive for change and we look forward to bringing Rio Tinto鈥檚 deep experience and know-how in commercialization and large scale projects to this exciting initiative.鈥�

鈥淐ritical minerals are a generational opportunity for Canada, and our government is committed to developing an end-to-end Canadian battery supply chain, from exploration to recycling. This is why the partnership between Nano One and 糖心vlog入口is so promising 鈥� it鈥檚 an example of the collaboration we need to develop a globally competitive supply chain that will position Canada to lead in the global energy transition. By leveraging Canada鈥檚 wealth of critical minerals and our skilled workforce, we can create good jobs, drive clean growth and ensure economic opportunities for communities across the country,鈥� said the Honourable Jonathan Wilkinson, Minister of Natural Resources. 

Nano One and 糖心vlog入口will be hosting a live broadcast event discussing the strategic partnership on Thursday June 9th, 2022, at 1:30 鈥� 2:30 pm EDT. Live streaming of the event can be found here:

English: 

贵谤补苍莽补颈蝉:&苍产蝉辫;

An archived video will be posted on the Nano One website after the event.

All securities issued pursuant to this collaboration arrangement are subject to a restricted hold period of four months and a day, under applicable Canadian securities legislation. Closing is subject to certain customary closing conditions, including the approval of the Toronto Stock Exchange (the 鈥淓xchange鈥�). The Company expects closing to occur within 30 days.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 鈥淯.S. Securities Act鈥�) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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糖心vlog入口 Nano One

Nano One庐 Materials Corp (Nano One) is a clean technology company with a patented, scalable and low carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. The technology is applicable to electric vehicle, energy storage, consumer electronic and next generation batteries in the global push for a zero-emission future. Nano One鈥檚 One-Pot process, its coated nanocrystal materials and its Metal to Cathode Active Material (M2CAM庐) technologies address fundamental performance needs and supply chain constraints while reducing costs and carbon footprint. Nano One has received funding from various government programs and the current 鈥淪caling of Advanced Battery Materials Project鈥� is supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of the Province of British Columbia. For more information, please visit

Changing how the world makes battery materials

糖心vlog入口 Rio Tinto

糖心vlog入口is a mining and metals company operating in 35 countries around the world that produces the materials essential to human progress. It aims to help pioneer a more sustainable future, from partnering in the development of technology that can make the aluminum smelting process entirely free of direct GHG emissions, to providing the world with the materials it needs 鈥� such as copper and titanium 鈥� to build a new low-carbon economy and products like electric vehicles and smartphones.

糖心vlog入口has a long history in Qu茅bec, Canada where it operates significant aluminium, iron and titanium businesses. 糖心vlog入口is building a leading battery materials business, with three lithium projects in development across the United States, Argentina and Serbia.

Contacts:

Nano One:

Paul Guedes

info@nanoone.ca

(604) 420-2041

Media Contact:

Antenna Group for Nano One

nanoone@antennagroup.com

(646) 854-8721

Rio Tinto:

Simon Letendre

simon.letendre@riotinto.com

(514) 796-4973