Invert Graphite LimitedASX: IVG

InVert to Acquire RapidPulse Graphite Processing Technology

· Issued by Invert Graphite Limited

Filed with ASX · · 22 pages · English

Summary by 6ix AI

InVert Graphite Limited has announced its intention to acquire RapidGraphite Pty Ltd, which holds a license for the RapidPulse technology developed at Curtin University, aimed at converting natural graphite into battery-grade graphite. The acquisition is part of InVert's strategy to vertically integrate its operations, combining this technology with its Morogoro graphite project in Tanzania. InVert has secured commitments for a placement to raise funds to support the acquisition and ongoing development of the RapidPulse technology. The transaction includes performance-based options for directors and consultants to incentivize the successful commercialization of the technology.

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