Vancouver, Canada — July 26, 2018 — (TSX-V: NNO) (OTC: NNOMF) (Frankfurt: LBMB). Dan Blondal, CEO of Nano One Materials Corp., is pleased to announce the addition of Hamutal Ben Bassat as VP Business Development. Nano One has a rapidly growing list of business opportunities with lithium ion battery stakeholders and Ms. Ben Bassat will lead the commercialization effort to transform these prospects into licensing and collaborative partnerships.
Ms. Ben Bassat stated “I am happy to join Nano One at such a pivotal stage in their growth and at a time of rapid expansion in the lithium ion battery sector. Nano One has a talented and passionate team, who have generated considerable business interest in their technology, know-how and people. I am excited to be helping Nano One take its business to the next level through partnerships with global leaders.”
Ms. Ben Bassat is a business development executive with over 12 years of experience enabling growth through strategic collaborations, private investments and public offerings (TASE, NASDAQ). She has closed numerous international transactions, mergers and acquisitions; has conducted business in English, Spanish, Portuguese and Chinese; and has led expansions into Latin America, Europe and Asia. Ms. Ben Bassat holds a M.A. in Philosophy and an L.L.B. in Law. She practiced law for five years before starting her career in business development and has worked with start-ups and large global companies in the fields of water technology and optics.
Nano One is developing process technology for the production of lithium ion battery cathode materials that include cobalt free high voltage spinel (HVS), lithium iron phosphate (LFP) and nickel rich lithium ion battery chemistries (NMC). Nano One is actively developing working relationships with companies throughout the lithium ion battery supply chain, including automotive interests.
“Hamutal brings entrepreneurial determination and business sophistication to the team,” explained Mr. Blondal. “Her international experience and enthusiasm are also a great fit. We are confident that her strategic focus will greatly accelerate our commercialization efforts.”
Nano One Materials Corp.
Dan Blondal, CEO
For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 420-2041 or visit the website at www.nanoone.ca.
About Nano One:
Nano One Materials Corp (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage, consumer electronics and next generation batteries. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One has built a pilot plant to demonstrate high volume production, provide larger volumes of material for third party testing and has preliminary engineering plans in place for full scale production of a range of cathode materials. This pilot plant program is being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program (ASIP) a program of Innovation, Science and Economic Development Canada (ISED). Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca
Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.
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