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Zen Graphene Solutions Ltd
Symbol C : ZEN
Shares Issued 64,204,607
Close 2019-06-07 C$ 0.34
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Zen Graphene signs graphene research MOU with UBC

2019-06-10 09:52 ET - News Release

Dr. Francis Dube reports

ZEN SIGNS THREE YEAR GRAPHENE RESEARCH AGREEMENT WITH UNIVERSITY OF BRITISH COLUMBIA

Zen Graphene Solutions Ltd. has signed a memorandum of understanding with the University of British Columbia (UBC), Okanagan campus, School of Engineering, where Zen will contribute a minimum of $300,000 over three years in support of graphene research and application development. Under the memorandum of understanding, UBC and Zen will collaborate on graphene-focused research projects relevant to applications of interest to potential end-user partners.

The main initial objectives defined in the memorandum of understanding are:

  1. To formalize a collaborative research program utilizing expertise and capabilities from both Zen and UBC and, where applicable, utilizing additional support and resources from government agencies such as the Natural Sciences and Engineering Research Council (NSERC), Mitacs, and the National Research Council Industrial Research Assistance Program (NRC-IRAP);
  2. To structure an initial three-year research program with a committed minimum contribution by Zen of $100,000 per year in support of UBC-based research projects.

Zen has already supplied samples of its graphene and graphene oxide to UBC, where they have undergone preliminary testing in the following applications:

  • In multiple battery technologies;
  • As an additive in cement-based composites;
  • As an additive to aluminum and aluminum alloys;
  • As a diesel and jet fuel additive.

"UBC has become a strong partner for Zen over the last year, bringing top-quality researchers from multiple fields and connecting us with potential industrial partners. We wish to recognize the excellent research contributions made to date by Prof. Lukas Bichler and his team, and we look forward to formalizing our relationship with this agreement," commented Dr. Francis Dube, chief executive officer of Zen.

"The three-year project, slated to begin this summer, challenges UBC engineering researchers to develop the next generation of stronger and lighter composite materials. The partnership with Zen Graphene will allow for a transformational approach to composite materials development utilizing the unique properties of the Albany graphite product. This will result in new composite materials with performance characteristics long beyond the reach of engineers and scientists using traditional material processing techniques. Linking to R&D [research and development] activities at UBC will in turn enable Zen to develop the Albany graphite deposit and get its graphene product to market more rapidly with a clear focus on high-impact real-world applications," commented Dr. Lucas Bichler, associate professor of engineering at UBC's Okanagan campus and research supervisor.

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/Naturally Pure easily converts (exfoliates) to graphene using a variety of simple mechanical and chemical methods.

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