MONTREAL, Dec. 05, 2025 (GLOBE NEWSWIRE) -- NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, held its Annual Meeting of Shareholders (the “Meeting”) in person on December 4, 2025. All resolutions were adopted by the shareholders. During the Meeting, Rocco Marinaccio, newly appointed CEO of the Corporation, shared a presentation on NanoXplore. Such presentation can be found on NanoXplore’s website in the Investors section under Events and Pres ...

MONTREAL, Dec. 04, 2025 (GLOBE NEWSWIRE) -- NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, held its Annual Meeting of Shareholders (the “Meeting”) in person on December 4, 2025. All resolutions were adopted by the shareholders. During the Meeting, Rocco Marinaccio, newly appointed CEO of the Corporation, shared a presentation on NanoXplore. Such presentation can be found on NanoXplore’s website in the Investors section under Events and Pres ...

Core Viewpoint - NanoXplore Inc. has successfully closed a bought deal private placement, issuing 10,720,350 common shares at a price of $2.40 per share, resulting in gross proceeds of $25,728,840 [1][2]. Group 1: Offering Details - The offering was led by a syndicate of underwriters, including Ventum Financial Corp. and Cormark Securities Inc., along with National Bank Financial Inc., RBC Dominion Securities Inc., Paradigm Capital Inc., and Raymond James Ltd. [2] - The net proceeds from the offering will be utilized for future growth, specifically in dry graphene expansion, as well as for general corporate and working capital purposes [2]. - The offering was completed under the "listed issuer financing" exemption, allowing the common shares to be freely tradeable without a hold period under Canadian securities laws [3]. Group 2: Insider Participation - Martinrea International Inc., an insider of the Corporation, subscribed for 2,343,750 common shares, amounting to approximately $5,625,000, thereby maintaining its interest in NanoXplore [4]. - The insider's participation is classified as a "related party transaction," and the Corporation relied on exemptions from formal valuation and minority shareholder approval requirements [5]. Group 3: Company Overview - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for various industrial applications, including transportation and electronics [8]. - The Corporation also produces silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage markets, with manufacturing facilities located in Canada, the United States, and Europe [8].

Core Insights - NanoXplore Inc. will hold a webcast to discuss its Q1 financial results for the period ending September 30, 2025, scheduled for November 13, 2025, at 10:00 a.m. Eastern Time [1][2] Company Overview - NanoXplore is a graphene company that manufactures and supplies high-volume graphene powder for transportation and industrial markets [3] - The company offers standard and custom graphene-enhanced plastic and composite products for various sectors, including transportation, packaging, and electronics [3] - Additionally, NanoXplore produces silicon-graphene enhanced Li-ion batteries for electric vehicles and grid storage markets [3] - The company is headquartered in Montreal, Quebec, with manufacturing facilities across North America and Europe [3]

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].

Core Insights - NanoXplore Inc. has received a contribution of up to $2.75 million from the Government of Canada under the Energy Innovation Program to advance the development of ultra high-power cylindrical format lithium-ion cells [1][3] - This funding is part of a broader initiative supporting eight projects across Canada aimed at accelerating battery innovation and expanding domestic production capacity [2] - The contribution will enable NanoXplore to enhance battery performance for demanding applications such as power tools and defense systems, contributing to Canada's clean energy future [3] Company Overview - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for various industrial markets, including transportation and electronics [4] - The company also produces silicon-graphene-enhanced lithium-ion batteries for electric vehicles and grid storage, with manufacturing facilities located in Canada, the United States, and Europe [4]

Core Viewpoint - NanoXplore Inc. announces the transition of leadership with Soroush Nazarpour stepping down as CEO at the annual general meeting in December 2025, while Rocco Marinaccio will succeed him as CEO [1][3][4] Company Leadership Transition - Soroush Nazarpour, the founder and current CEO, will remain on the Board as Vice Chairman and continue as a special advisor to ensure leadership continuity [1][2] - Rocco Marinaccio, the current COO with nearly 7 years at NanoXplore, will take over as CEO, bringing over 26 years of leadership experience in manufacturing and sales [3][11] Company Background - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for various industrial applications, including transportation and electronics [5] - The company also produces silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage markets, with manufacturing facilities located in Canada, the United States, and Europe [5] Leadership Contributions - Nazarpour's leadership has been pivotal in establishing NanoXplore as an industry leader, with the current five-year plan on track and strong prospects for graphene sales [4] - Marinaccio has played a key role in scaling operations and commercial efforts, driving efficiencies and supporting strategic partnerships [3][12]

Core Insights - NanoXplore Inc. reported financial results for the fiscal year ended June 30, 2025, highlighting a challenging macroeconomic environment impacting sales, but a significant improvement in adjusted EBITDA [1][4][7] Financial Highlights Q4-2025 - Total revenues for Q4-2025 were $31,685,923, a 17% decrease from $38,125,566 in Q4-2024 [7] - Adjusted EBITDA for Q4-2025 was $2,475,379, slightly down from $2,488,304 in Q4-2024 [7] - The loss for Q4-2025 was $2,295,472, compared to a loss of $2,421,110 in Q4-2024 [7] Financial Highlights Fiscal Year 2025 - Total revenues for FY2025 were $128,918,388, a 1% decrease from $129,992,368 in FY2024 [7] - Adjusted EBITDA for FY2025 was $6,122,283, significantly up from $2,519,134 in FY2024 [7] - The loss for FY2025 was $9,657,120, improved from a loss of $11,665,006 in FY2024 [7] Segment Performance - In the Advanced Materials, Plastics and Composite Products segment, revenues decreased by 1% to $128,243,848 in FY2025, while adjusted EBITDA increased by 32% to $6,847,826 [11][19] - The Battery Cells and Materials segment saw revenues increase significantly from $27,743 in FY2024 to $674,540 in FY2025, with adjusted EBITDA loss improving from $2,657,303 to $725,543 [11][19] Operational Insights - The company emphasized ongoing collaborations with partners to enhance graphene usage, particularly in the oil and gas sector [4] - The upcoming opening of a U.S. facility is expected to support growth and customer acquisition [4] Liquidity and Debt - Total liquidity as of June 30, 2025, was $28,587,960, including cash and cash equivalents of $18,587,960 [7] - Total long-term debt decreased to $4,312,924, down by $2,033,579 compared to the previous year [7]

Company Overview - NanoXplore Inc. is a graphene company that manufactures and supplies high-volume graphene powder for transportation and industrial markets [3] - The company provides standard and custom graphene-enhanced plastic and composite products to various sectors including transportation, packaging, and electronics [3] - NanoXplore also manufactures silicon-graphene enhanced Li-ion batteries for Electric Vehicle and grid storage markets [3] - The company is headquartered in Montreal, Quebec, with manufacturing facilities across North America and Europe [3] Upcoming Financial Events - NanoXplore will hold a webcast to discuss its fourth quarter and year-end results for the period ending June 30, 2025, on September 17, 2025, at 10:00 a.m. Eastern Time [1][2] - The financial results will be released on September 16, 2025, after market close [1]

Core Viewpoint - NanoXplore Inc. reported a decrease in sales for Q3-2025 but showed improvements in adjusted EBITDA and operational efficiency, indicating resilience in a challenging macroeconomic environment [3][7]. Financial Highlights - Total revenues for Q3-2025 were $30,446,165, a 10% decrease from $33,867,747 in Q3-2024 [7]. - Adjusted gross margin increased to 22.4% from 20.9% year-over-year [7]. - The company reported a loss of $1,747,714 compared to a loss of $3,089,430 in the previous year [7]. - Adjusted EBITDA rose to $1,420,555 from $571,968 in Q3-2024 [7]. Segment Performance - Advanced Materials, Plastics and Composite Products segment generated revenues of $29,920,598, down 12% from $33,866,162 in Q3-2024, but adjusted EBITDA increased by 5% to $1,318,149 [11]. - Battery Cells and Materials segment saw revenues of $525,567, a significant increase of 33,059% from $1,585 in Q3-2024, with adjusted EBITDA improving from a loss of $688,022 to a profit of $102,406 [11]. Year-to-Date Performance - Year-to-date revenues from customers increased to $95,204,015, up 5% from $90,883,248 in the previous year [17]. - Other income for the year-to-date period rose significantly to $2,028,450 from $983,554, attributed to grants for R&D programs [17]. Operational Insights - The company is focusing on operational efficiency and has made progress in key growth areas such as oil and gas drilling fluids and insulation foam [3]. - The U.S. expansion is on track, which is timely given the changing tariff landscape [3]. Liquidity and Debt - Total liquidity as of March 31, 2025, was $30,704,859, including cash and cash equivalents of $20,704,859 [7]. - Total long-term debt decreased to $4,940,740, down by $1,405,763 compared to June 30, 2024 [7]. Future Outlook - The company anticipates stronger activity in the new fiscal year despite low activity in Q4 for its largest customers [3]. - NanoXplore is optimistic about the commercialization of graphene powder sales and the startup of new programs that were previously delayed [3].