Vancouver, British Columbia–(Newsfile Corp. – February 1, 2021) – The Board of Administrators at Nano One® (TSXV: NNO) (OTC Pink: NNOMF) (FSE: LBMB) is pleased to announce the appointment of Mr. Alex Holmes as Chief Working Officer (COO).
“Alex is a seasoned and trusted leader with wide community marketplaces practical experience,” explained CEO Mr. Dan Blondal. “His expertise in organization advancement, finance and lithium resource management will be an enormous asset to Nano A person, specially as we ramp up operations in aid of numerous partnerships and organization alternatives. Alex was selected for this purpose by the senior management team in a comprehensive research method he is a fantastic in shape and we are delighted to have an govt of such calibre signing up for us here at Nano A single. With this appointment we have loaded a important function in driving our organization transformation and welcome Alex as a associate to the executive crew.”
As COO, Mr. Holmes will support generate Nano One’s business transformation and evolution by acting as a strategic companion to the CEO, President and Chairman. He will be accountable for spearheading Nano One’s enterprise functions and optimizing its operational capabilities, to assure alignment with industry development options, and strategic initiatives. He will oversee enterprise enhancement, study, scale-up, investor relations, advertising and marketing, human methods, and services to be certain that all functions are aligned with Nano One’s organization tactic, priorities, and lengthy term program.
“I am particularly excited to be becoming a member of the Nano A person workforce. For a range of a long time I have admired the team’s management as they evolved into a know-how answers leader in the cathode materials house,” stated Mr. Holmes. “We have a exclusive possibility to continue on to disrupt the battery sector with our strong platform of current alternatives, along with our ongoing improvements concentrated on enhancing current, and enabling foreseeable future, battery engineering.”
Mr. Holmes has invested a lot more than 15 several years as a senior executive with a range of general public providers. Most recently, he served as the CEO of Plateau Electricity Metals, a public corporation advancing a globe-class tricky rock lithium job in tandem with a uranium asset in Peru. Prior to this, Mr. Holmes co-established a engineering start off-up, primary it from prototype to commercialization in a short time period of time, and was a husband or wife and co-founder of Oxygen Funds Corp. exactly where he led the organization progress for all affiliated organizations. He was instrumental in performing with the businesses to elevate far more than $250 million of funds to advance and improve the businesses. As head of Business enterprise Enhancement for a person of the Oxygen Capital firms, Mr. Holmes was instrumental in taking the organization from original asset acquisition through expansion and development of the challenge from early engineering reports to undertaking finance and ultimately industrial output. His prior practical experience also features primary expense banking groups at two independent Canadian financial commitment banking companies and boosting funds for and advising on transactions for various corporations. Mr. Holmes retains a M.Sc. in Investment Administration, graduating with Difference from The Enterprise University, City College of London.
Nano 1 has acquired proceeds of about $4,465,000 from the exercising of inventory alternatives and warrants considering the fact that its past monetary update dated Oct 1, 2020. This delivers the Company’s treasury to approximately $28,000,000 with up to $4,250,000 in non-dilutive non-repayable contributions from Canadian clean up technologies federal government courses. This even further strengthens the Company’s economical place to execute on its organization tactic. Nano A person has also granted 1,540,000 incentive inventory alternatives with an exercise price tag of $5.10 to directors and officers of the Corporation.
Nano One Elements Corp.
Dan Blondal, CEO
For details with regard to Nano A single or the contents of this information release, make sure you get in touch with John Lando (President) at (604) 420-2041 or stop by the internet site at www.nanoone.ca.
About Nano 1
Nano A person Products Corp has designed patented engineering for the very low-charge manufacturing of superior-general performance lithium ion battery cathode components employed in electric powered cars, electrical power storage and consumer electronics. The processing engineering permits decreased cost feedstocks, simplifies output, and improvements efficiency for a broad array of cathode products. Nano A single has created a demonstration pilot plant and is partnered with world wide leaders in the lithium ion battery supply chain to progress its lithium iron phosphate (LFP), lithium nickel manganese cobalt oxide (NMC) and lithium nickel manganese oxide (LNM) cathode technologies for huge expansion alternatives in e-mobility and renewable power storage apps.
Nano One’s pilot and partnership things to do are staying funded with the aid and support of the Govt of Canada through Sustainable Improvement Know-how Canada (SDTC), the Automotive Provider Innovation Method (ASIP) a software of Innovation, Science and Financial Advancement Canada (ISED), and the Province of British Columbia by means of the Ministry of Strength, Mines and Petroleum Assets. Nano One’s mission is to create its patented technological know-how as a major system for the world output of a new technology of battery resources. www.nanoone.ca
Specific data contained herein may perhaps constitute “ahead-searching data” beneath Canadian securities laws. Ahead-searching info features, but is not restricted to, any statements with regards to its monetary situation, company strategy, advancement tactics, budgets, functions, economical effects, strategies, goals and other data that is not historical fact… Typically, ahead-searching data can be recognized by the use of forward-wanting terminology this kind of as ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’, or versions of this sort of words and phrases and phrases or statements that certain actions, gatherings or benefits “will” arise. Ahead-seeking statements are primarily based on the opinions and estimates of administration as of the day these types of statements are built and they are issue to regarded and unidentified threats, uncertainties and other aspects that may result in the actual effects, amount of exercise, functionality or achievements of the Enterprise to be materially various from these expressed or implied by this sort of forward-hunting statements or forward-hunting details. See “Cautionary Note About Forward-Wanting Facts” and “Risk Elements” in the Firm’s Annual Details Type which is readily available on www.sedar.com for a dialogue of the uncertainties, hazards and assumptions affiliated with these statements. We caution that the list of possibility factors and uncertainties is not exhaustive and other variables could also adversely have an impact on our effects. There can be no assurance that such statements will establish to be correct, as precise effects and long run situations could vary materially from people predicted in these kinds of statements. Accordingly, viewers ought to not place undue reliance on forward-hunting statements and ahead-wanting details. The Enterprise does not undertake to update any forward-on the lookout statements or ahead-searching information and facts that is incorporated by reference herein, other than as essential by relevant securities rules.
NEITHER THE TSX Undertaking Trade NOR ITS REGULATION Companies Service provider (AS THAT Term IS Defined IN THE Guidelines OF THE TSX Venture Trade) ACCEPTS Accountability FOR THE ADEQUACY OR Accuracy OF THIS Information Release
To check out the resource version of this push launch, be sure to check out https://www.newsfilecorp.com/launch/73272
