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
For an in-depth examination of NANO stock, go to TipRanks’ Stock Analysis page.