Black Swan Graphene announces shipment for concrete pour in the U.K.
by CM Staff
This commercial shipment follows the announcement of a partnership between Black Swan, NERD, and Arup Group Limited, aimed at providing an integrated supply chain.
Black Swan ships product to NERD on Friday May 5th, 2023, for upcoming concrete pour. (CNW Group/Black Swan Graphene Inc)
TORONTO — Black Swan Graphene Inc. announces that a shipment of product to Nationwide Engineering Research & Development (NERD) for an upcoming concrete pour in the United Kingdom. A picture of the shipment is available below.
This commercial shipment follows the announcement of a partnership between Black Swan, NERD, and Arup Group Limited, aimed at providing an integrated supply chain and a turnkey solution to the concrete and construction industries.
The upcoming concrete pour will use Black Swan’s graphene product in a total of 180 tonnes of concrete for the construction of an industrial park near Redruth, Southwest England. The industrial park will offer 14 industrial units ranging from 2,500 and 3,500 sq ft, with the graphene-enhanced concrete being used for the external concrete aprons. This is the second time this developer has used the technology provided by NERD, having previously used it in the construction of an industrial park in Warminster, approximately 170 km west of London, United Kingdom.
Rob Hibberd, President and Chief Executive Officer of NERD, commented: “We’re thrilled to announce another commercial concrete pour using our innovative graphene enhanced Concretene. This endeavor not only speaks to the positive response and interest in our proposition but is yet another opportunity to monitor the long-term real-life performance of our product. We look forward to continuing to innovate and collaborate with our partners to deliver cutting-edge solutions to the construction industry.”
The Company has also granted 500,000 stock options exercisable at a price of CA$0.17 per share for a period of five years from their date of grant (May 2, 2023) to a recently hired officer. These options are subject to vesting as to one third immediately upon grant, and one third on each of the first and second anniversary of the grant.
