Nano One Secures C$15.7 Million Through Candiac Property Sale-Leaseback

Nano One Materials ( (TSE:NANO) ) has issued an announcement.

Nano One Materials Corp. has entered into a definitive agreement to sell and lease back its Candiac building and property in Québec, securing estimated net proceeds of C$15.7 million. This transaction strengthens the company’s cash balance and ensures long-term operational stability with a 15-year lease agreement, supporting capacity expansion at Candiac to over 1000tpa of LFP cathode production.

More about Nano One Materials

Nano One Materials Corp. is a process technology company specializing in lithium-ion battery cathode active materials.

YTD Price Performance: -11.49%

Average Trading Volume: 86,171

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$85.79M

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