Dr. Stephen Campbell reports

NANO ONE SECURES ITS 11TH NEW PATENT IN 2024

Nano One Materials Corp. has received allowance and/or issuance of seven new patents to its portfolio, bringing its 2024 total to 11, and its historical total to 48, with more than 56 further patent applications pending, in jurisdictions around the world. These recent patents not only fortify Nano One's intellectual property (IP) portfolio but also add value for its shareholders and enhance the company's technological edge in a rapidly evolving market.

Dr. Stephen Campbell, Nano One's chief technology officer, said: "By safeguarding our innovations, we are positioned to lead advancements in energy efficiency and sustainability, which can translate into considerable commercial opportunities. Having a strong IP portfolio creates substantial shareholder value, showcasing our commitment to innovation and commercialization while attracting partnerships and boosting investor confidence in our long-term growth prospects."

Recently issued and/or allowed patents:

• Japanese patent JP 7503208 -- describes a novel battery assembled with high-voltage spinel LNMO cathode material made using the One-Pot process and paired with an electrolyte for high durability;
• Indian patent IN 512878 -- describes the novel formation of a cathode material, with protective coating thereon, directly in a single processing step;
• Japanese patent JP 7518972 and Taiwanese patent TW 110132742 -- describes the M2CAM technology using the One-Pot sulphate-free process for the novel formation of lithiated mixed metal oxide cathode materials;
• Taiwanese patent TW I849754 -- describes a novel kiln design for efficient calcination and thermal processing of CAM (cathode active material);
• U.S. patent U.S. 12,077,452 -- describes a novel lithiated NMC (nickel, manganese and cobalt) precursor material prepared in the One-Pot process prior to thermal processing;
• Chinese patent CN 113875045 -- describes an innovative one-pot method that forms a novel coating on NMC, nickel-rich NMC and LNMO cathode materials to improve stability and durability when used in a lithium-ion battery.

The benefits of Nano One's patented One-Pot process and M2CAM technology mainly attribute to the elimination of the traditional precursor steps (pCAM) by integrating them with the lithium addition step (CAM), high-efficiency thermal processing and the elimination of sodium sulphate waste water. This is aimed at reducing complexity, cost, footprint, energy intensity and greenhouse gas emissions compared to incumbent processes. This has the additional potential benefit of making One-Pot-enabled CAM production facilities easier to site, permit, construct and operate while decoupling from foreign supply chains of concern.

About Nano One Materials Corp.

Nano One is a clean technology company changing how the world makes cathode active materials for lithium-ion batteries. Applications include electric vehicles (EVs), stationary energy storage systems (ESS) and consumer electronics. The company's patented One-Pot process reduces costs, carbon intensity (lower GHGs), environmental footprint and reliance on problematic supply chains. Scalability is proven and being demonstrated at Nano One's LFP (lithium iron phosphate) pilot production plant in Quebec -- the only facility and expertise of its kind outside of Asia. Strategic collaborations and partnerships with international companies such as Sumitomo Metal Mining, Rio Tinto and Worley are supporting a global growth strategy through technology licensing and joint ventures. Nano One has received funding from the government of Canada, the government of the United States and the government of British Columbia. The company is leveraging deep industry expertise and plans to license and deploy cleaner cathode manufacturing plant design packages -- delivering cost-competitive and faster-to-market battery material solutions worldwide.

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