Published: March 22, 2023 |

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Nano One Materials said it has received three new patents, one each in Taiwan, Korea, and the U.S., taking its issued patents to a total of 27.

The patents will extend protection and add value to Nano One’s One-Pot process technology for making lithium-ion battery cathode materials. They will also value to Nano One’s sulfate-free, sustainable technology for the clean energy future, the company said.

The company added that it has more than 55 patent applications pending and additional patent applications being considered.

“The Nano One team remains committed to executing on business strategy and achieving our goals,” Dan Blondal, CEO, said in a statement.

“With three new patents, we will strengthen our position as a leading innovator and we have added meaningful shareholder value to our IP portfolio. We are grateful for the continued support from all stakeholders and look forward to sharing updates on our continued progress,” Blondal added.

The company also said it has received $3,651,102 in proceeds from the exercise of 2,281,939 warrants since January 1, 2023. The warrants were part of a private placement completed in February 2020 and were due to expire on February 21, 2023. The company has 1,000,000 warrants at an exercise price of $4.00 each which remain outstanding. They are due to expire on June 16, 2023.

“Given recent banking uncertainty we want to reassure our shareholders that our treasury is diversified amongst several Canadian chartered banks and large financial institutions, and our conservative and diversified approach to treasury management reflects the paramount priority of safety and security,” the company added.

Nano One is a clean technology company focused on cathode materials used in lithium-ion batteries and its One-Pot process gives it a unique advantage to build local and resilient supply chains that drive down cost, energy intensity, and environmental footprint.

Source: Proactive Investors

About Nano One
Nano One® 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’s One-Pot process, its coated nanocrystal materials and its Metal to Cathode Active Material (M2CAM®) 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 “Scaling of Advanced Battery Materials Project” is supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of the Province of British Columbia.

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