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Nano One (TSXV:NNO) receives conditional approval to list on the TSX

Technology
TSXV:NNO
27 May 2021 13:45 (EDT)
Nano One Materials - CEO, Dan Blondal

Source: Nano One Materials

Nano One (NNO) has received conditional approval to graduate to the Toronto Stock Exchange.

The company expects its common shares to begin trading on the TSX under the new symbol NANO prior to the end of June.

At that time, Nano One’s common shares will be delisted from the TSXV.

Dan Blondal, Nano One’s CEO, commented,

“As part of our ongoing growth strategy, graduating to the TSX is an important milestone for Nano One. We are seeing increased interest in our One-Pot, M2CAM and coated single-crystal technologies because they can help enable the greening and cost reduction of a critical part of the battery materials supply chain.

From ESG-focused institutional investors to deeper collaborations with battery materials players and end-users across the globe, we are positioning Nano One to capitalize on the much larger macro trend.

In the last 18 months we’ve successfully completed three financings, tripled our facilities size as part of demo plant scale-up, led the trend with continuous innovation success and have made measurable progress towards first commercialization of our technology, with a differentiated and sustainable cathode materials business plan.

We are excited about what 2021 and beyond holds in store for all our stakeholders and thank them in their support thus far.”

Nano One Materials develops patented technology for the low-cost production of high-performance battery materials used in electric vehicles, energy storage, consumer electronics and next-generation batteries.

Nano One (NNO) is up by 6.65 per cent and is currently trading at $4.17 per share as of 12:46 pm ET.

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