Mr. Dan Blondal reports

NANO ONE GRADUATES TO THE TORONTO STOCK EXCHANGE

Nano One Materials Corp. has received final approval to list its common shares on the Toronto Stock Exchange.

Nano One shares will commence trading on the TSX effective as of market open tomorrow, Tuesday, June 8, 2021, under a new trading symbol, NANO, and will cease to trade on the TSX Venture Exchange. Shareholders are not required to take any action in connection with the graduation and listing on the TSX. Nano One shares will continue to trade on the OTC under the symbol NNOMF.

Dan Blondal, chief executive officer, stated: "I would like to thank the Toronto Stock Exchange for providing a platform to showcase our vision as technology innovators changing how the world makes battery materials. Nano One has grown tremendously since its debut on the TSX Venture Exchange in 2015, with many successful milestones along the way, and recently was recognized as a top performing company on the 2021 Venture 50. Graduating to Canada's most prestigious and senior exchange will ensure that Nano One reaches a broader audience both nationally and internationally as we execute on our business and commercialization plans."

About Nano One Materials Corp.

Nano One Materials 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.

We seek Safe Harbor.