Nano One Secures $5 Million from Land Sale

Nano One Materials (TSE:NANO) has released an update.

Nano One Materials Corp. has successfully sold their vacant land in Candiac for $5 million, a strategic move that bolsters the company’s working capital and aligns with its growth strategy without diluting shareholder value. This sale follows the land’s acquisition in 2022 and is part of Nano One’s efficient funding activities to sustain and expand their lithium-ion battery cathode production facilities.

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