Graphene Mnft Group stock news
Graphene Manufacturing Group Ltd. (GMG) announced on September 22, 2026, that it has entered into a subscription agreement for a US$10 million private placement with a single private investor. The company will issue 6,465,336 ordinary shares at a price of CA$2.15 per share. Proceeds are earmarked for the industrial scale--up of graphene and battery cell production, as well as the commercialization of liquid graphene products. The transaction is expected to close on or about September 23, 2026, subject to TSX Venture Exchange approval. This capital injection follows a 3.53% decline in the share price on September 21, as markets adjusted for potential equity dilution.