Nano One Strengthens Financial Position with Candiac Sale-Leaseback

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

Nano One Materials Corp. has completed the sale and leaseback of its Candiac building and property, generating estimated net proceeds of C$15.7 million. This transaction strengthens the company’s financial position, ensuring operational continuity and supporting its strategic vision for expansion, including leveraging over C$40 million in government funding to increase its production capacity of LFP cathode materials.

More about Nano One Materials

Nano One Materials Corp. is a process technology company specializing in lithium-ion battery cathode active materials. The company focuses on advancing its technology and expanding its operations to enhance its market positioning in the battery materials industry.

YTD Price Performance: -19.54%

Average Trading Volume: 89,857

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$77.99M

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