Business
Graphano Energy Commences Trading and Provides a Go Forward Corporate Outline
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2021) - Graphano Energy Ltd.
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About this update from Graphano Energy Ltd.
[{"type":"text","content":"Graphano Energy Commences Trading and Provides a Go Forward Corporate OutlineVancouver, British Columbia--(Newsfile Corp. - September 30, 2021) - Graphano Energy Ltd. (TSXV: GEL) (the \"Company\") is pleased to confirm initiation of public trading.Graphano Energy is an energy metals company focusing on mining opportunities that exploit the current Electric Vehicle Revolution. EV manufacturers and associated battery companies are looking for supply chains as it relates to graphite, lithium, nickel and manganese.According to a new market research report published by Meticulous Research® [1], the electric vehicle market is expected to grow at a compound annual growth rate (CAGR) of 33.6 % from 2020 to 2027 to reach $2,495.4 billion by 2027. In terms of volume, this market is expected to reach 233.9 million units by 2027, growing at a CAGR of 21.7% from 2020. This growth in electric vehicles production is expected to fuel a significant demand for battery minerals like lithium and graphite.The company's current principal asset is the Lac Aux Bouleaux (LAB) Graphite Property, which lies adjacent to the south border of TIMCAL's Lac des Iles graphite mine in Quebec which is a world class deposit and was producing 25,000 tonnes of graphite annually. There are several graphite showings and past producing mines in its vicinity. Graphite is commonly found in the Grenville Province rocks throughout this region and has been commercially mined from a number of deposits located between Mount Laurier in the north to the Ottawa River in the south. Prospecting, mapping, trenching, ground geophysical surveying and sampling is currently underway and initial results will be provided shortly.Luisa Moreno, CEO comments: \"We are thrilled to finally be trading and getting on the path to building shareholder value. We have a solid graphite asset which serves as a foundation for building an energy metals portfolio. The company intends to seek out other opportunities with an energy metals theme and technology around EV batteries.Please refer to our website at Graphano.com for a detailed and comprehensive corporate profile.About Graphano EnergyGraphano Energy Ltd. is a mining company that is focused on evaluating, acquiring and developing energy metals resources from exploration to production.Graphite is one of the most in-demand technol...