Nano One Advances Candiac LFP Capacity Expansion With Engineering 85% Complete

Article content

For more information, please visit nanoOne.ca.

Article content

Cautionary Notes and Forward-Looking Statements

Article content

Certain information contained herein may constitute “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable securities legislation. Generally, all statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the timing, cost, scope and completion of the Candiac Facility expansion and the commissioning of approximately 800 tpa of capacity in the first half of 2027; the expectation that the project will be completed on time and on budget and funded to completion from contracted funding programs (including approximately $24 million of undrawn funding) together with working capital; the expected benefits and performance of the One-Pot™ process; the ability of the expanded capacity to support large-volume sampling, customer qualification, offtakes, plant design licensing and joint-venture opportunities; and the Company’s “Design One Build Many” strategy and its collaborations with Sumitomo Metal Mining, Rio Tinto and Worley. Generally, forward-looking statements can be identified by the use of terminology such as “believe”, “expect”, “anticipate”, “plan”, “intend”, “continue”, “estimate”, “may”, “will”, “should”, “ongoing”, “target”, “targeted”, “potential” or variations of such words, or statements that certain actions, events or results “will” occur.

Article content

Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made and are not, and cannot be, a guarantee of future results or events. They are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied, including but not limited to: project delays, cost overruns and execution challenges in engineering, procurement, construction, commissioning and scale-up; the availability and timely drawdown of contracted funding and satisfaction of related milestones; the performance and scale-up of the One-Pot™ process; the timing and conversion of customer sampling and qualification into commercial agreements; the Company’s licensing, joint-venture and supply-chain strategies; general and global economic, market and regulatory changes; the Company’s need for and access to additional capital; competition and changes in battery chemistries and demand; and the other risk factors identified in Nano One’s most recent Annual Information Form and MD&A, and its recent securities filings, available at

Article content

Article content

Article content

.

Article content

Although management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, 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. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements, except as required by applicable securities laws.

Article content

Article content

Article content

Article content

View source version on businesswire.com:

Article content

Article content

logo

Article content

Article content

Article content

Article content

Article content

Comments (0)

AI Article