Nano One Improves Candiac LFP Expansion Capability by Engineer by 85%
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For more information, please visit nanoOne.ca.
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Cautionary Notes and Forward-Looking Statements
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Certain information contained herein may constitute “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable securities law. Generally, all statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding the timing, cost, scope and completion of the Candiac Facility expansion and utilization of approximately 800 tpa capacity in the first quarter of 2027; the expectation that the project will be completed on time and on budget and funded to completion through contract financing arrangements (including approximately $24 million in deferred capital) and working capital; the expected benefits and performance of the One-Pot™ process; increased capacity capability to support high volume sampling, customer qualification, acquisition, plant design licensing and partnership opportunities; and the Company’s “Design One Build Many” strategy and its collaboration with Sumitomo Metal Mining, Rio Tinto and Worley. In general, forward-looking statements can be identified by using words such as “believe”, “anticipate”, “anticipate”, “plan”, “intend”, “continue”, “estimate”, “may”, “will”, “should”, “continues”, “target”, “target”, “target, such statement”, or the results of such actions that may exist” “will occur”.
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Forward-looking statements are based on management’s current opinions and estimates as of the date such statements are made and are not, and cannot be, guarantees of future results or events. They are subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or success to differ materially from those expressed or implied, including but not limited to: project delays, cost overruns and challenges in engineering, procurement, construction, approval and measurement; availability and timely drawdown of contract funding and satisfaction of related milestones; performance and scaling of the One-Pot™ process; timing and conversion of customer samples and qualifications into commercial agreements; the Company’s licensing, joint-venture and acquisition strategies; general and global economic, market and regulatory changes; the Company’s need for additional financing; competition and changes in battery chemistry and demand; and other risk factors identified in Nano One’s most recent Annual Information Form and MD&A, as well as its most recent securities filings, available at
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Although management has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause results to differ from expectations, estimates or targets. There can be no assurance that such statements will prove to be accurate, as actual results and future events may differ materially. Therefore, readers should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements, except as required by applicable securities laws.
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View the source version on businesswire.com:
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https://www.businesswire.com/news/home/20260723280236/en/
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