Magnis Energy Technologies Ltd. is pleased to provide an update from the iM3NY Battery Plant located in Endicott, New York. Magnis is the majority shareholder of iM3NY. New York State ESD Grant iM3NY has received confirmation from NY State-sponsored business development initiative Empire State Development that iM3NY has met the requirements to [...]
Magnis Energy Technologies Ltd. is pleased to announce that it has entered into a standby equity facility agreement with Evolution Capital Pty Ltd . Magnis Chairman Frank Poullas commented: "The Standby Equity Facility provides Magnis with another option when it comes to raising funds to support the business. Magnis will have the option whether to [...]
Magnis Energy Technologies Ltd. is pleased to announce the appointment of Mr. Fabrizio Perilli as Non-Executive Director, effective immediately. Mr Perilli has over 25 years of experience in director level roles and has overseen projects valued at over $6 Billion. Currently he is co-founder and Managing Director at PERIFA, a vertically integrated [...]
Magnis Energy Technologies Ltd. is pleased to present its Quarterly Activities Report and overview of operations for the period ended 30 June 2023 . Key Highlights - Batteries produced by iM3NY achieve UN/DOT 38.3 certification - Magnis equitable interest in iM3NY increased to 73% - iM3NY signs Joint Venture Agreement with Omega Seiki Mobility [...]
VIDEO: Magnis Energy Technologies Ltd. iM3NY Lithium-Ion battery plant at Endicott, upper state New York, USA. Watch clips of some of the stages in the lithium-ion battery production process. To View the video, please visit: https://www.abnnewswire.net/lnk/7M98CEBC About Magnis Energy Technologies Limited: [...]
Magnis Energy Technologies Ltd. is pleased to announce that it has received firm commitments raising $10 Million via the placement of 83,333,334 shares at $0.12 per share, which will be issued within the capacity under Listing Rule 7.1. The placement was made to local and overseas institutional fund managers along with professional and [...]
Magnis Energy Technologies Ltd. is pleased to announce that it has increased its interest in iM3NY LLC to 73% following the conversion of the Bridging Finance announced on 31 March 2023 into iM3NY equity. Highlights: - Conversion of Bridging Finance into iM3NY equity takes Magnis' ownership interest to 73% - Following UN38.3 certification [...]
Magnis Energy Technologies Ltd. is pleased to announce that it has executed a Letter of Intent for Phase 1 of the Anode active materials commercialization facility in the United States. It is planned that the facility will be used to produce Magnis Natural Graphite Anode Active Material in the US. This facility is in the Southwest United States and [...]
Magnis Energy Technologies Ltd. is pleased to announce lithium-ion batteries produced at the iM3NY Battery Plant have received UN38.3 certification. Magnis is the major shareholder of iM3NY. All cells were compliant with the various tests undertaken and certification can only be achieved if all cells are one hundred percent compliant. Regulated [...]
Magnis Energy Technologies Ltd. is pleased to announce that the maximum number of shares to be issued under the $25 million facility announced on 24 March 2023 have been subscribed for or settled with no further shares to be issued. The Tranche 1 funding provided by L1 Capital and Regal was extremely helpful to Magnis in furthering its commercial [...]
Magnis Energy Technologies Ltd. is pleased to provide the latest results achieved in its pilot scale production in New York of AAM as part of its customer qualification process. Active Anode Materials Graphite has been classified as a critical material by the United States and European Governments. Graphite is the main material used for the [...]
Magnis Energy Technologies Ltd. is pleased to provide an update on the UN38.3 certification process for cells produced by iM3NY. Magnis is the major shareholder of iM3NY. As of June 5, 2023, iM3NY cells have completed all seven applicable UN38.3 tests. Testing on the final batch of cells in the final test was concluded on Friday, 2 June 2023. No [...]
