Magnis Energy Technologies Ltd.

Magnis Energy Technologies Ltd. is pleased to announce that it has entered into a standby equity facility agreement with Evolution Capital Pty Ltd . Magnis Chairman Frank Poullas commented: "The Standby Equity Facility provides Magnis with another option when it comes to raising funds to support the business. Magnis will have the option whether to utilise the facility at all, along with the quantum and timing. Crucially [...]

Magnis Energy Technologies Ltd. is pleased to announce the appointment of Mr. Fabrizio Perilli as Non-Executive Director, effective immediately. Mr Perilli has over 25 years of experience in director level roles and has overseen projects valued at over $6 Billion. Currently he is co-founder and Managing Director at PERIFA, a vertically integrated international property group. Prior to PERIFA, Mr Perilli spent 15 years at [...]

Magnis Energy Technologies Ltd. is pleased to present its Quarterly Activities Report and overview of operations for the period ended 30 June 2023 . Key Highlights - Batteries produced by iM3NY achieve UN/DOT 38.3 certification - Magnis equitable interest in iM3NY increased to 73% - iM3NY signs Joint Venture Agreement with Omega Seiki Mobility - Letter of Intent signed for AAM site location along with services contract [...]

VIDEO: Magnis Energy Technologies Ltd. iM3NY Lithium-Ion battery plant at Endicott, upper state New York, USA. Watch clips of some of the stages in the lithium-ion battery production process. To View the video, please visit: https://www.abnnewswire.net/lnk/7M98CEBC About Magnis Energy Technologies Limited: Magnis Energy Technologies Ltd. is involved in and has strategic investments in several aspects of the [...]

Magnis Energy Technologies Ltd. is pleased to announce that it has received firm commitments raising $10 Million via the placement of 83,333,334 shares at $0.12 per share, which will be issued within the capacity under Listing Rule 7.1. The placement was made to local and overseas institutional fund managers along with professional and sophisticated investors. The funds raised under the placement will be used to advance [...]

Magnis Energy Technologies Ltd. is pleased to announce that it has increased its interest in iM3NY LLC to 73% following the conversion of the Bridging Finance announced on 31 March 2023 into iM3NY equity. Highlights: - Conversion of Bridging Finance into iM3NY equity takes Magnis' ownership interest to 73% - Following UN38.3 certification, commercial field trial sales from production lots are expected to begin this [...]

Magnis Energy Technologies Ltd. is pleased to announce that it has executed a Letter of Intent for Phase 1 of the Anode active materials commercialization facility in the United States. It is planned that the facility will be used to produce Magnis Natural Graphite Anode Active Material in the US. This facility is in the Southwest United States and is a key contender which was chosen from amongst the sites undergoing an [...]

Magnis Energy Technologies Ltd. is pleased to announce lithium-ion batteries produced at the iM3NY Battery Plant have received UN38.3 certification. Magnis is the major shareholder of iM3NY. All cells were compliant with the various tests undertaken and certification can only be achieved if all cells are one hundred percent compliant. Regulated industries such as energy , pharmaceutical, specialty chemicals and similar [...]

Magnis Energy Technologies Ltd. is pleased to announce that the maximum number of shares to be issued under the $25 million facility announced on 24 March 2023 have been subscribed for or settled with no further shares to be issued. The Tranche 1 funding provided by L1 Capital and Regal was extremely helpful to Magnis in furthering its commercial objectives, and the Magnis Board thanks both L1 Capital and Regal for their [...]

Magnis Energy Technologies Ltd. is pleased to provide the latest results achieved in its pilot scale production in New York of AAM as part of its customer qualification process. Active Anode Materials Graphite has been classified as a critical material by the United States and European Governments. Graphite is the main material used for the battery's anode, which takes in and holds lithium ions during charging and [...]