G6 Materials Corp. and Gilman Industries LLC Start Working on Green Energy Project.
February 12, 2020
TSX-V: GGG, OTCQB: GPHBF
Ronkonkoma, NY USA. – G6 Materials Corp.
(the “Company” or “G6,” TSX-V:GGG) is pleased to announce the start of a new green-energy focused collaboration with Gilman Industries LLC (“Gilman Industries”). The objective of the project is to develop a new generation of Evolve™, a proprietary hydrogen generator that produces hydrogen by splitting water with an electric current.
During the course of this project, G6 will develop a robust graphene-based material for electrodes within the hydrogen generator. Introducing a resilient graphene-based material has the potential to deliver chemical stability that could allow the generator to operate with seawater, which if successful, would drastically expand the range of potential applications. Hydrogen generation is an emerging green energy technology. Production of hydrogen is an alternative way to store and transport electric power. International Energy Agency (IEA) recommended that the worl must finally “tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future.” Hydrogen can also be used in automobiles equipped with fuel cells (HFCVs). Such motors are already produced by major auto manufacturers, are becoming more popular, and are competing with electrical power vehicles. Examples of fuel cell vehicles include: “Mirai” produced by Toyota, “Nexo” by Hyundai, “Clarity” by Honda, and Great Wall Motors who is seeking to produce 1 million HFCVs by 2030.
“We are extremely happy to have G6 as a partner,” said Brian Gilman, CEO of Gilman Industries. Gilman added, “They have an outstanding and very supportive research team that are helping us a great deal along the process for developing as well as manufacturing on the commercial scale. We also acknowledge that graphene holds the key to reducing electrical draw when producing green hydrogen.” “We are happy to see that our formulations have the potential to contribute significantly to new emerging green energy technologies.” stated Daniel Stolyarov, CEO of G6. Stolyarov added, “Our expertise in graphene and high-performance materials creates an opportunity for us to develop numerous partnerships with new revolutionary technology ventures.” ON BEHALF OF THE BOARD: Daniel Stolyarov, President & CEO
About Gilman Industries, LLC
Gilman Industries, LLC is a nascent company focused on commercializing its hydrogen-producing technology through mass production and global distribution, license to manufacture and distribution of their units to OEMs, and establishing wholesale/retail hydrogen gas purchasing agreements. Gilman Industries is a developer of Evolve™, a convenient, reliable, and very efficient hydrogen generator, produced by injection molding, which uses electric current to generate hydrogen by splitting tap water, groundwater, and seawater. Gilman Industries received its US patent on October 26, 2016 (patent #US9476133) for Evolve™. They were granted patents in Europe and the World Patent Organization, and pending in Canada (CA2900853A1, EP2976446A4, & WO2014153389A1) in March, 2019. Gilman Industries has the right to produce Evolve™ in Belgium, France, Germany, Netherlands, Norway, UK, US, and Switzerland.
For More Information:
Please visit https://www.gilmanindustries.com/ for more information or contact Brian Gilman: email@example.com +1 631 804 9220
This press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address a company’s expected future business and financial performance, and often contain words such as “anticipate,” “believe,” “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the risks associated with outstanding litigation, if any; risks associated with adoption by industries of graphene-based products health and environmental factors affecting adoption of these technologies; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to U.S. Shareholders. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates, and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.
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