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Zen Graphene Solutions Ltd
Symbol ZEN
Shares Issued 64,204,607
Close 2019-05-30 C$ 0.365
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Zen Graphene to in-license graphene production IP

2019-05-30 09:56 ET - News Release

Mr. Francis Dube reports


Zen Graphene Solutions Ltd. has signed an initial agreement to in-license certain intellectual properties from a Canadian university that, when combined with Zen's Albany graphite, produces low-cost, environmentally friendly graphene. The production process rapidly exfoliates Albany graphite into few-layer graphene (FLG) (two to five layers) with a conversion efficiency of over 90 per cent. Previous work has demonstrated that the unique Albany graphite was converted to graphene far more efficiently when compared with flake or metamorphic graphite. This advantage was confirmed by recent testing using this new process.

"The challenge in the emerging graphene industry has been to produce consistent FLG, available in industrial quantities at prices that permit industrial adoption," commented Dr. Francis Dube. "We believe that, with this exciting new process applied to our unique Albany graphite product, Zen Graphene Solutions possesses all the components to solve this challenge within a single vertically integrated company."

The company has collected 110 tonnes of graphite-mineralized material with an estimated average grade of 6 per cent graphitic carbon during the 2019 bulk sample program (see March 22, 2019, news release). Once this material has been purified into approximatively 99.8 per cent graphite, this exfoliation process and others will be used to convert the Albany graphite into graphene and graphene oxide. The company has commenced searching for an industrial location that will house a pilot production centre, a research and development lab, as well as office space. The graphene produced by the pilot production centre will be offered for sale as permitted by the Ministry of Northern Development and Mines.

Zen invites companies looking for bulk quantities of graphene as described earlier to contact Phil Chateigneau, head of sales, at pchateigneau@zengraphene.com.

James Jordan, PEng, is the qualified person for the purposes of National Instrument 43-101 and has reviewed, prepared and supervised the preparation of the technical information contained in this news release.

About Zen Graphene Solutions Ltd.

Zen Graphene Solutions is an emerging graphene technology company with a focus on development of the unique Albany graphite project. This precursor graphene material provides the company with a competitive advantage in the potential graphene market as independent labs in Japan, the United Kingdom, Israel, the United States and Canada have demonstrated that Zen's Albany graphite easily converts (exfoliates) to graphene using a variety of simple mechanical and chemical methods.

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