08:12:55 EDT Fri 04 Jul 2025
Enter Symbol
or Name
USA
CA



G6 Materials Corp (2)
Symbol GGG
Shares Issued 19,701,253
Close 2024-10-02 C$ 0.05
Market Cap C$ 985,063
Recent Sedar Documents

G6 Materials to delay FY 2024 results filing

2024-10-02 19:30 ET - News Release

Mr. Guy Bourgeois reports

G6 MATERIALS ANNOUNCES LATE FILING OF ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT CEASE TRADE ORDER

As a result of delays to its audit, annual financial statements, and accompanying management's discussion and analysis for the fiscal year ended May 31, 2024, G6 Materials Corp. has determined that it may not be able to file the required filings by the filing deadline as required by Part 4 of National Instrument 51-102 (Continuous Disclosure Obligations). The reason for the anticipated delay is due to additional time being required to audit transactions carried out by the company's U.S. subsidiaries, along with enhanced quality controls by the issuer's auditor. The auditor has requested more time for partner and consultant review as part of those enhanced measures. The company is working with its auditor MNP LLP to complete the audit in a timely manner.

The company currently expects to file the annual filings on or before Dec. 1, 2024, and will issue a news release announcing completion of such filings at such time. Until the company files the annual filings, it will comply with the alternative information guidelines set out in National Policy 12-203 (Management Cease Trade Order) for issuers which have failed to comply with a specified continuous disclosure requirement within the times prescribed by applicable securities laws. The guidelines, among other things, require the company to issue biweekly default status reports by way of a news release so long as the annual filings have not been filed.

During the MCTO, the general investing public will continue to be able to trade in the company's listed common shares. However, the company's chief executive office and chief financial officer will not be able to trade in the company's common shares.

About G6 Materials Corp.

G6 Materials is a high-technology company with expertise in advanced materials that creates value-developing innovative composites for a wide range of industrial uses. Graphene Laboratories Inc., a wholly owned subsidiary of G6 Materials, sells a range of graphene-based products and other materials, including, but not limited to, conductive epoxies, high performance composites, and research and development materials, with numerous customers from among the Fortune 500 list of companies, as well as NASA and leading universities. Graphene Laboratories Inc. has entered the global air filtration market with Breathe+, a line of medical-grade HEPA air filtration products enhanced with advanced performance graphene material.

G6 Materials has identified new graphene-based applications to accelerate growth into the future. Accordingly, the company has a valuable intellectual property portfolio currently comprising seven granted patents. The company's management team and employees have a deep understanding of graphene technology based on decades of aggregate academic and commercial experience.

Graphene Laboratories has established its premium research laboratory and scalable production facility equipped with advanced analytical and material processing equipment.

The company's e-commerce websites are described below:

  • Breathe+: medical-grade HEPA air filtration enhanced with advanced performance graphene material;
  • Conductive Epoxies: adhesive materials distributed under the G6-Epoxy trade name and can be purchased at its website;
  • D Materials: Graphene Laboratories currently offers over 100 graphene and related products.

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