Brisbane, Queensland, Australia--(Newsfile Corp. - July 7, 2025) - Graphene Manufacturing Group Limited (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that G® Lubricant has commenced both website sales and direct sales to end customers in a number of countries and regions around the world, including Australia, the United Kingdom, Europe, China, Canada and the United States.
Figure 1
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Buy Now at: www.G-Lubricant.com
GMG has received formal requests to distribute G® Lubricant in a number of additional countries and is working through the process to commence these distribution deals, including packaging and labelling updates to address country-specific requirements for sales to commence.
GMG is commencing the process to register the G® Lubricant product with the European Chemicals Agency under the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation to ensure large quantities of the product can be sold in Europe. This process can take up to three months to complete. GMG is also engaging consultants for assistance in obtaining USA EPA approval for G® Lubricant.
GMG provides the following updates with respect to other actions that the Company is taking to further develop sales of G® Lubricant:
- GMG is discussing scaling partnership possibilities for G® Lubricant with large oil and gas companies and original equipment manufacturers around the world.
- G® Lubricant is being actively used in a number of large truck fleets and GMG is awaiting product performance feedback from these trials, which is anticipated within the next few months.
- GMG has shared a number of "how to" explainer videos performed by Chief Development Officer Paul Mackintosh on YouTube which show how to add G® Lubricant to some of the major global lubricant brand products:
G® Lubricant being mixed into Shell Rimula R4X Engine Oil:
https://youtube.com/shorts/SXXT99EqyEE?si=3VgoKf1V824XxS28
G® Lubricant being mixed into Castrol GTX Engine Oil:
https://youtube.com/shorts/gnpUtfoUuD8?si=GPGDw-YATyEpcPpM
- GMG has committed to spend over AU$200,000 over the next year of promotional advertising in Australia with an integrated newspaper, magazine, website and radio advertising campaign targeting the trucking and transport industry.
- GMG is currently spending over AU$200,000 (on an annualised basis) on online promotional campaigns across Meta (Facebook and Instagram), Google (Google Ads and YouTube) and LinkedIn of G® Lubricant to the targeted truck market in a number of key countries around the world. The online campaigns include GMG's explainer video on YouTube:
G® Lubricant Explainer Video
https://youtu.be/29DnDDDLK4I?si=izlq4_JOm93FOY4V
- GMG is in the process of onboarding a number of new sales team members around the world to support the sales of its products. GMG will continue to bring on new sales team members in line with sales growth.
- GMG is actively reviewing and managing how to expand its G® Lubricant production and packaging systems in line with sales estimates - including external packaging third party contractors where it sees value in doing so.
GMG's Managing Director and CEO, Craig Nicol, commented: "It is great to see the welcome G® Lubricant has received by the industry - we look forward to growing sales through new distributors and potential partners for scale."
GMG's Chairman and Director, Jack Perkowski, commented: "Commencing sales is the first step to bringing the product to market - congratulations team!"
About GMG:
GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.
The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.
In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.
GMG's 4 critical business objectives are:
- Produce Graphene and improve/scale cell production processes
- Build Revenue from Energy Savings Products
- Develop Next-Generation Battery
- Develop Supply Chain, Partners & Project Execution Capability
For further information please contact:
- Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
- Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, GMG's intention to commercialise and market G® Lubricant, future distribution of G® Lubricant, registration and receipt of regulatory approval of G® Lubricant in applicable jurisdiction, potential partnership opportunities involving G® Lubricant, performance results of G® Lubricant in truck fleets, expenditures allocated to marketing and promotional activities, addition of sales employees subject to sales growth, ongoing review of production and packaging expansion capabilities, the potential market for G® Lubricant and the potential revenue available for G® Lubricant.
Such forward-looking statements are based on a number of assumptions of management, including, without limitation that G® Lubricant has the potential to optimize efficiency and power for stationary or mobile engines, that GMG will continue to commercialize and market G® Lubricant, continued development of distribution channels of G® Lubricant, that the Company's registration and regulatory approval applications will progress as anticipated, continued development of partnership opportunities involving G® Lubricant, receipt of performance outcomes of G® Lubricant in truck fleets, that the marketing and promotional expenditures will be consistent with forecasts, addition of new sales employees, continued review of production and packaging expansion capabilities, and that the potential market and revenue available for G® Lubricant will be as currently forecasted. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that G® Lubricant will not offer an innovative solution that optimizes efficiency and power for stationary or mobile engines, that GMG will not commercialize and market G® Lubricant as anticipated, failure by GMG to develop distribution channels for G® Lubricant, failure by GMG to secure partnership involving G® Lubricant, that the marketing and promotional expenditures are different than anticipated, failure to add new sales employees, unfavourable performance results of G® Lubricant in truck fleets, inability of the Company to complete review of production and packaging expansion capabilities that the potential market and revenue available for the G® Lubricant product is not as currently calculated, risks relating to the extent and duration of current geopolitical conflicts and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals or complete necessary registrations, the Company's ability to attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.
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. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257925
SOURCE: Graphene Manufacturing Group Ltd.
