NanoXplore's Shareholders Approve Board Amidst Growing Markets

NanoXplore Inc. (TSX: GRA, OTCQX: NNXPF), a world-leading graphene company, recently held its Annual Meeting of Shareholders, where all resolutions were adopted, including the election of its Board of Directors and the appointment of PricewaterhouseCoopers LLP as independent auditor. The high level of shareholder engagement and approval rates reflect a strong vote of confidence in the Corporation's leadership and strategic direction.

The meeting saw a significant turnout, with 90,977,275 shares (53.3% of outstanding common shares) accounted for. Each of the nine nominees listed in the Management Information Circular was elected as a director, with approval rates ranging from 98.4% to 99.9%. The high approval rates suggest a strong consensus among shareholders regarding the Corporation's current leadership and strategic plan initiatives.

NanoXplore's Board of Directors comprises a diverse group of industry experts, bringing a wealth of knowledge and experience to the table. Rob Wildeboer, for instance, offers extensive automotive industry expertise, while Benoît Gascon's entrepreneurial background in finance and technology provides valuable insights for the Corporation's graphene-enhanced materials and silicon-graphene-enhanced Li-ion batteries. Cameron Harris, with his expertise in materials science and engineering, contributes to driving innovation in graphene production and applications.

The reappointment of all nine directors signals continuity in leadership, which is crucial for the Corporation's ongoing projects. The record revenues and improved gross margins reported in the Q4 and full-year 2024 results demonstrate the effectiveness of the Corporation's strategic plan. The Corporation's commitment to expanding graphene-enhanced materials sales and growing the customer base is expected to drive further growth and innovation in its core businesses.



NanoXplore's focus on sustainability and renewable energy is evident in the composition of its board, with members like Catherine Loubier and Jesse C.H. Stanley bringing expertise in green energy initiatives and energy sector innovation. This focus aligns with the growing demand for eco-friendly products and the Corporation's strategic plan to address environmental challenges and capitalize on emerging opportunities.

In conclusion, NanoXplore's Annual Meeting of Shareholders reflects a strong vote of confidence in the Corporation's leadership and strategic direction. With a diverse and experienced Board of Directors, the Corporation is well-positioned to drive growth and innovation in its core businesses while addressing environmental challenges and capitalizing on emerging opportunities in the rapidly evolving renewable energy market.