…is pleased to announce that its wholly owned subsidiary, Graphene Laboratories, Inc. (“GLI”), has recently received ISO 9001 certification (“ISO 9001”) for its manufacturing facility in Ronkonkoma, New York.
G6 Materials Enters Into $1.0 Million Debt Facility
… announce that it recently entered into a loan agreement (the “Loan”) with an arm’s length third-party company (the “Lender”). Under the terms of the Loan, the Lender will provide G6 with an aggregate principal amount of up to US$1.0 million dollars on an unsecured basis for a one-year term. Further, the principal advanced under the facility will accrue interest at a rate of 5.0% per annum, among other costs, with the Loan’s proceeds being used by the Company for general working capital purposes.