NanoXplore Announces Bought Deal Life Private Placement of $25,000,080

Core Viewpoint - NanoXplore Inc. has announced a bought deal private placement to raise gross proceeds of $25 million by selling 10,416,700 common shares at a price of $2.40 per share [1][2]. Group 1: Offering Details - The underwriters have an option to increase the offering size by up to 15% prior to the closing date [2]. - The net proceeds from the offering will be used for dry graphene expansion and general corporate purposes [2]. - The offering will be conducted under the "listed issuer financing" exemption, allowing immediate trading of the shares in Canada [3]. Group 2: Company Overview - NanoXplore is a leading graphene company that manufactures high-volume graphene powder for various industrial applications [7]. - The company also produces graphene-enhanced plastic and composite products, as well as silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage [7]. - NanoXplore is headquartered in Montreal, Québec, with manufacturing facilities in Canada, the United States, and Europe [7]. Group 3: Closing and Regulatory Aspects - The closing of the offering is expected around October 30, 2025, subject to necessary approvals, including from the Toronto Stock Exchange [5]. - The offering document related to the placement can be accessed on the Corporation's profile and website [4].