.svg)
.svg)
Visit underscores Ontario's commitment to exploring all options to being a global leader in the complete battery materials supply chain.
FOR IMMEDIATE RELEASE
TORONTO, May 7th 2023 G6 Energy Corp ("G6") team members toured the Kearney graphite mine site alongside Graydon Smith, the Minister of Natural Resources and Forestry and MPP of Parry Sound and Muskoka.
This visit symbolizes Ontario's proactive stance in inviting large automakers and its ambitious intent to attract the full battery materials supply chain. The tour reflects the government's dedication to exploring all possibilities to ensure security, safety, and opportunities for its citizens while fostering global leadership.
The Kearney graphite mine is a strategic asset and Ontario’s intent to become a global leader in the battery materials supply chain. G6, with its focus on sustainable and advanced battery materials, recognizes the significance of this resource. The involvement of Minister Smith, known for his leadership during the floods in 2013 and 2019 and the pandemic, underlines the government's commitment to this vision.
Minister Smith, currently the Deputy Chair of the District Municipality of Muskoka, has served as Mayor of Bracebridge since 2010. He has represented Ontario's 444 municipalities throughout the pandemic as President of the Association of Municipalities of Ontario. He is a recognized community leader, having spent over a decade with the Kinsmen Club of Bracebridge. In 2019, he was selected as the Bracebridge Rotary Club’s “Citizen of the Year” and made an honorary Paul Harris Fellow. Minister Smith was also the recipient of the Queen Elizabeth II Diamond Jubilee Medal in 2013.
The tour with Minister Smith signals a promising dialogue between G6, the government of Ontario, and the Kearney graphite mine. It signifies an important step in realizing Canada's goal of being a global leader in mining, processing, and recycling of battery materials.
G6 Energy Corp is a Toronto-based battery material developer and supplier leading the global shift toward sustainable energy. The company focuses on the production of materials critical to the rapidly expanding lithium-ion battery market, with a distinctive mine-to-battery strategy. G6 wholly owns a natural graphite mine, the Kearney Mine, strategically located in a tier-1 jurisdiction less than 300km from Toronto, Ontario. This mine, one of the world's largest confirmed graphite deposits, provides a reliable and secure non-China source of graphite.
Capitalizing on this asset, G6 plans a rapid restart and staged expansion, positioning itself as the fastest path to production graphite mine in North America. In line with its mine-to-battery strategy, G6 is actively exploring midstream processing options for its materials, strengthening its commitment to sustainability and green energy. By owning and controlling the entire process from mining to battery manufacturing, G6 aims to deliver unrivaled reliability, quality, and sustainability in the battery materials market.
For media inquiries, please contact:
IR@gsixenergy.com
Note: This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any country, province, state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Information
The information contained herein contains "forward-looking statements" or "forward-looking information" within the meaning of applicable securities legislation. Forward-looking statements or forward-looking information relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements" or "forward-looking information". Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to the success or failure of the partnerships between G6 and others and to deliver the expected results, including the creation of a global chain of supply for graphite materials, risks related to holding shares of a start-up and related to the lack of liquidity thereof, risk related to the failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with the industry; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in development activities or the completion of feasibility studies; the uncertainty of profitability; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of a scoping and feasibility studies, and the possibility that future results will not be consistent with expectations; risks related to commodity prices fluctuations; and other risks and uncertainties related to prospects, properties and business. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and G6 does not assume any obligation to update or revise them to reflect new events or circumstances, except in accordance with applicable securities laws. Actual events or results could differ materially from G6 expectations or projections.