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First Graphene announces Graphene Sales and Marketing Update

HIGHLIGHTS

  • NICNAS registration expected by May 2019, enabling deliveries of PureGRAPH™ into existing sales agreements.
  • Very significant improvements in performance of industrial composite (fibreglass) products in terms of strength, weight, flexibility and reduced water permeability with the addition of PureGRAPH™, resulting in compelling economics.
  • Focusing on high volume, high profit margin markets for PureGRAPH™ with fast product adoption cycles and shorter regulatory requirements.
  • Expect to achieve cash flow breakeven levels by the end of 2019, with strong growth in sales volumes thereafter.
  • Continuing to work with a number of longer term product verticals, all of which offer significant performance improvements over existing technologies and materials e.g. FireStop™ and concrete additives
Background

Advanced materials company, First Graphene Limited (“FGR” or “the Company”) (ASX: FGR) is currently undertaking a series of presentations to investors in Hong Kong, London and New York as well as participating in the Vertical Events Techknow Invest Roadshow. The intention is to better communicate the significant advances achieved by the Company in the last few months, to shareholders and the investment community.

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