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nanoOne Nano One Materials Corp. Unit 101B - 8575 Government St Burnaby BC , Canada , V3N 4V1 Main 604-420-2041 NEWS RELEASE info@nanoone.ca www.nanoone.ca TSX : NANO FF : LBMB OTC - Nasdaq : NNOMF Nano One Provides Quarterly Progress Update and Reports Q2 2021 Results August 11 , 2021 Vancouver , Canada ( TSX : NANO ) ( OTC - Nasdaq Intl Designation : NNOMF ) ( Frankfurt : LBMB ) . Nano One® Materials Corp. ( " Nano One " ) is a clean technology company with patented processes for the low - cost , low - environmental footprint production of high - performance cathode materials used in lithium - ion batteries . Nano One announces its financial results and operations overview for the second fiscal quarter ended June 30 , 2021 and is pleased to review the following highlights from Q1 and Q2 2021 . Q1 and Q2 Highlights and Headlines Selected to showcase its clean technology advantages in Chile . • Announces solid state battery collaboration with the University of Michigan . • • • Achieves TSX venture 50 recognition as a top performing company . Launches ground - breaking M2CAM technology to reduce cost , waste and carbon footprint in lithium - ion battery supply chain . Closes 28.9M bought deal financing . Strengthens balance sheet to provide additional growth capital flexibility and working capital of approximately $ 55 million , as of June 30 , 2021 . Advances LNMO program to pre - commercialization stage with Asian joint development cathode partner . • Enters Co - Development Agreement with Niobium Producer CBMM to improve durability and performance of high energy density cathode materials . • Enters partnership with Johnson Matthey to develop next generation eLNO family of nickel - rich advanced cathode materials using Nano One's technologies . • Graduates to Toronto Stock Exchange ( TSX : NANO ) . Granted 3 new patents , bringing total to 19 with over 35 additional patents pending . " The first half of this year has been extremely busy for Nano One as we execute on our business strategy in a rapidly evolving market , " commented Mr. Dan Blondal , CEO . " We have solidified our treasury , entered into agreements with global partners , expanded our facilities to support those partnerships and we continue to innovate as we focus on the path to commercialization . " Page 1