TSX-V │ SWAN
OTCQB │ BSWGF
TORONTO, Oct. 31,
2022 /CNW/ - Black Swan Graphene Inc. ("Black
Swan" or the "Company") (TSXV: SWAN) is pleased to announce
that it has qualified for trading in the
United States on the OTCQB® ("OTCQB Venture Market")
operated by OTC Markets Group Inc. and the shares of the Company
will begin trading today under the symbol "BSWGF".
The OTCQB Venture Market offers developing companies the
benefits of being publicly traded in the
United States although with lower cost and complexity than a
U.S. exchange listing, while offering investors improved
visibility. B. Riley Securities is acting as the Company's OTCQB
Venture Market sponsor. B. Riley Securities is a full-service
investment bank and subsidiary of B. Riley Financial Inc., based in
Los Angeles with offices across
the United States, providing
corporate finance, research, sales, and trading services.
Simon Marcotte, President and
Chief Executive Officer of Black Swan commented: "As the Company
continues its development and increases its communications, having
access to the U.S. financial market will allow us to broaden our
shareholder base more rapidly and more efficiently."
Corporate Matters
Black Swan has engaged Proactive Investors ("Proactive") to
assist the Company in enhancing its online presence with the global
investment community (the "Proactive Services") for an initial
period of twelve months (the "Proactive Initial Term"), subject to
the terms of the service agreement executed between the Company and
Proactive. Proactive is a leading multimedia news organization,
investor portal and events management company with offices in
Toronto, Vancouver, New
York, London, Sydney, and Perth.
The Proactive Services shall include comprehensive coverage of
officially released news and other developments of the Company,
plus interviews in video and written formats, with all content to
be featured on Proactive websites and further distributed through
Proactive's multinational network of syndication partners.
Proactive will also provide digital advertising services over the
same Proactive Initial Term. Proactive will receive a total
compensation of $44,700 for the
Proactive Services.
About Black Swan Graphene
Inc.
Black Swan Graphene Inc. is focused on the large-scale
production and commercialization of patented high-performance and
low-cost graphene products aimed at several industrial sectors,
including concrete, polymers, Li-ion batteries, and others, which
are expected to require large volumes of graphene. Black Swan aims
to leverage the low cost and green hydroelectricity of the province
of Québec as well as the proximity of the eventual graphite
production sites of the province in order to establish a fully
integrated supply chain, reduce overall costs, and accelerate the
deployment of graphene usage. Black Swan's graphene processing
technology was developed by Thomas
Swan & Co. Ltd ("Thomas Swan") over the last decade.
Thomas Swan is a United Kingdom-based global chemicals
manufacturer, with a century-long track record and has been at the
forefront of graphene innovation.
For more information, please visit:
www.blackswangraphene.com
Black Swan Graphene Inc. on behalf of the Board of
Directors
Simon Marcotte, President &
Chief Executive Office
Forward-Looking
Information
Certain statements in this press release are forward-looking
statements, which reflect the expectations of management.
Forward-looking statements consist of statements that are not
purely historical, including any statements regarding beliefs,
plans, expectations, or intentions regarding the future, including
but not limited to, the Company's business objectives and
operations. Such statements are subject to risks and uncertainties
that may cause actual results, performance, or developments to
differ materially from those contained in the statements, including
risks related to factors beyond the control of the Company. The
novel strain of coronavirus, COVID-19, and the ongoing military
conflict between the sovereign state of Ukraine and Russia also pose new risks that are currently
indescribable and immeasurable. No assurance can be given that any
of the events anticipated by the forward-looking statements will
occur or, if they do occur, what benefits the Company will obtain
from them. The Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE Black Swan Graphene Inc