Business
Black Swan Graphene and Nationwide Engineering Announce Strategic Partnership, Part of an Integrated Supply Chain, to Accelerate the Adoption of Graphene-enhanced Concrete Globally
Black Swan Graphene and Nationwide Engineering Announce Strategic Partnership, Part of an Integra...
About this update from Black Swan Graphene Inc
[{"type":"text","content":"\n \n \n \n Black Swan Graphene and Nationwide Engineering Announce Strategic Partnership, Part of an Integrated Supply Chain, to Accelerate the Adoption of Graphene-enhanced Concrete Globally\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n March 27, 2023\n \n \n /CNW/ - Black Swan Graphene Inc. (\"\n \n Black Swan\n \n \") (TSXV: SWAN) (OTCQB: BSWGF) (Frankfurt: R96) and Nationwide Engineering Research and Development Ltd. (\"\n \n NERD\n \n \") are pleased to announce a strategic partnership being embedded in a fully integrated supply chain which will include Arup Group Limited (\"\n \n Arup\n \n \"), a multinational engineering consultancy headquartered in\n \n London, United Kingdom\n \n , with 18,000 experts working across 140 countries.\n \n \n At the core of the partnership between Black Swan and NERD, is the completion of an equity swap where each company will own approximately five percent (5%) of the outstanding shares of the other (the \"\n \n Equity Swap\n \n \"), and the execution of a supply agreement between the two companies (the \"\n \n Supply Agreement\n \n \") under which NERD will be sourcing its graphene requirements from Black Swan.\n \n \n Concurrently with the creation of the partnership between Black Swan and NERD, Arup is expected to enter into a partnership with NERD, pursuant to which it is expected to gain ownership of 4.2% of the outstanding shares of NERD. The partnerships between Black Swan and NERD, and between NERD and Arup, are intended to enhance expertise and create an integrated supply chain aimed at accelerating the adoption of graphene-enhanced concrete globally.\n \n \n NERD, a spin-out company from Nationwide Engineering Group, has developed a gr...