Vancouver, B.C. September 16, 2015: Nano One Materials Corp. (“Nano One” or the “Company”)(TSX Venture: NNO) wishes to announce that the U.S. Patent and Trademark Office (“USPTO”) has recently issued Nano One U.S. Patent No. 9,136,534 entitled “Complexometric Precursor Formulation Methodology For Industrial Production Of High Performance Fine And Ultrafine Powders And Nanopowders For Specialized Applications”. The Company announced notice of allowance for this patent in a news release on June 29, 2015.
The issuance represents an early first mile-stone in the ongoing pursuit of a comprehensive intellectual property portfolio. This initial patent is directed to a revolutionary method for forming powders particularly well suited for use as a lithium ion cathode material in next generation lithium ion batteries. Related applications are pending throughout the world.
“Early recognition of the novelty of the Complexometric Methodology validates the unique reaction chemistry developed at Nano One,” stated Dr. Joseph Guy, Patent Agent and Director. “This positions Nano One as an emerging leader in advanced cathode material innovation.”
“This patent,” explains Dan Blondal, founder and CEO of Nano One, “is the first to be granted of 12 patents pending, and marks an important company milestone in developing and nurturing a robust portfolio of intellectual property. It moves Nano One closer to strategic objectives of partnering with leading manufacturers to create value and rapidly commercialize the technology for battery materials and other globally significant market sectors.”
The Company also wishes to announce that it has retained the services of Steven Feldman to assist with its investor relations activities. In consideration of the services to be provided, the Company will pay an initial fee of $7,500 and grant stock options to purchase 125,000 common shares, exercisable at a price of $0.25 for a period of 5 years. The agreement is subject to review whereby Mr. Feldman will be paid a combination of cash and stock options to be determined from time to time.
Mr. Feldman has over 20 years of public company experience including over 7 years with the Ivanhoe Group of Companies.
About Nano One
Nano One Materials Corp is focused on developing novel, scalable and low-cost processing technology for the production of high performance battery materials. The technology can be configured for a wide range of raw materials with the flexibility to shift with market trends and growth opportunities in other advanced nanostructured composite materials. The novel three-stage process uses equipment common to industry and is being engineered for high volume production and rapid commercialization. Nano One’s mission is to establish its patent pending technology as a leading platform for the global production of a new generation of nanostructured composite materials.
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) 669-2701 or visit the website at 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 commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects” or “it is expected”, 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, including: the receipt of all necessary regulatory approvals. 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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