Graphene Manufacturing Group Provides Quarterly ATM Sales Update

Brisbane, Queensland, Australia – Graphene Manufacturing Group Limited (TSXV: GMG) has provided an update on its quarterly performance related to the “at-the-market” equity program initiated on June 13, 2024. The program allows the company to issue and sell up to C$20,000,000 of its ordinary shares to the public through an equity distribution agreement with Cantor Fitzgerald Canada Corporation. In the quarter ending March 31, 2025, GMG issued 866,500 Ordinary Shares on the TSX Venture Exchange at an average price of C$0.7965 per share, raising gross proceeds of C$690,196.80. After paying commissions of C$20,705.90, the net proceeds amounted to C$669,490.90. For more information on the ATM Program, refer to the Company’s news release from June 14, 2024.

GMG is a clean-technology company focused on providing energy-saving and energy storage solutions utilizing graphene produced in-house through a unique production process. The company’s current emphasis is on developing commercial scale-up capabilities and securing market applications for its graphene-based products, including heating, ventilation, and air conditioning coatings, lubricants, fluids, and G+AI Batteries in collaboration with the University of Queensland. The TSX Venture Exchange and its Regulation Services Provider do not endorse the contents of this news release.