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HydroGraph (CSE:HG) shares milestone achievements and plans for 2023

Market News, Technology
CSE:HG
12 January 2023 15:45 (EDT)

Source: HydroGraph Clean Power

HydroGraph Clean Power Inc. (HG) has achieved major company milestones and provided an update on its next steps.

HydroGraph works to commercialize green, cost-effective processes to manufacture graphene, hydrogen, and other materials in bulk.

The company stated that it was able to accomplish several of its goals in less than a year, including becoming a verified graphene producer, the only verified one in the Americas; raising $4.2 million, which was oversubscribed; building its production, research, and development facility; and securing a dozen active non-disclosure agreements.

For 2022, HydroGraph was also able to realize its commercial-scale production, which is close to completion to be on-stream early this year. It also recruited an experienced team from targeted industries.

Additionally, the company has listed itself in the U.S. OTCQB market with DTC certification. This is intended to increase its investor base, giving the company access to a much larger investment community and access to growth capital.

The company shared that its goals for this year will focus on production scaling, application development, and sales growth.

HydroGraph Clean Power Inc. (HG) is up 3.57 per cent and is trading at $0.14 per share as of 2:04 p.m. EST.


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