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Hydrograph Clean Power Inc
Symbol HG
Shares Issued 229,317,624
Close 2024-11-20 C$ 0.16
Market Cap C$ 36,690,820
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Hydrograph receives PO for four graphene products

2024-11-20 16:53 ET - News Release

Ms. Kjirstin Breure reports

HYDROGRAPH RECEIVES PURCHASE ORDER FOR FOUR NOVEL GRAPHENES FROM GLOBAL AUTOMOTIVE CUSTOMER

Hydrograph Clean Power Inc. has received a purchase order from a major global automotive company for research quantities of four additional graphene products. The purchase order includes both pristine functionalizations and completely novel formulations produced by Hydrograph's patented explosion synthesis process.

The new purchase order, dated on Nov. 18, 2024, and received by Hydrograph on Nov. 19, is an expansion of the continuing automotive composite improvement program, which began with the customer earlier in 2024, adding new graphene projects in advanced manufacturing applications.

"These projects represent the type of high-value advanced materials applications feasible only with Hydrograph's exceptionally pure and precision-engineered graphene products. We are excited to expand our work with this global automotive customer based on the quality of our nanomaterials designed to meet the multifunctional specifications required in these programs," said Kjirstin Breure, president and chief executive officer of Hydrograph.

Automotive manufacturers represent a vast and scalable market opportunity for the company, with the global automotive composites market projected to expand at a CAGR (compound annual growth rate) of 12.1 per cent between 2023 and 2033, totalling around $26.1-billion (U.S.) by 2033. Hydrograph's patented explosion synthesis process, combined with its ability to engineer bespoke graphene products, positions the company as a strategic supplier in this market.

Appointment of Darrow Associates for investor relations

The company's continued development and commercial advancement has led the company to enter into an agreement with Darrow Associates to provide the company with investor relations services.

Darrow Associates is an investor relations and financial communications firm with coverage throughout the United States. The firm was established in New York in 2005 and, since that time, has added to its professional staff to become one of the largest and most trusted IR consulting firms for middle-market companies. Darrow Associates professionals have significant experience in partnering with public and pre-IPO (initial public offering) companies in the technology, media and telecommunications (TMT), business services, alternative energy, clean technology, health care/medical technology, financial services, industrial, and aerospace and defence industries.

Pursuant to the agreement with Darrow, the agency will provide investor relations services to the company in exchange for a monthly fee of $9,000 (U.S.). The services include developing and managing an investor relations program, including company messaging, capital markets advisory and stakeholder relations. The agreement renews annually by mutual agreement and is cancellable on 60-day notice. The company is at arm's length from Darrow, and compensation payable to Darrow does not include any securities in the company nor does Darrow currently own, directly or indirectly, any securities in the company or any right or intent to acquire any securities in the company. Darrow's contact information is as follows: Jordan Darrow, principal and founder, Austin, Tex.; e-mail: jdarrow@darrowir.com; phone: 1-512-551-9296.

About Hydrograph Clean Power Inc.

Hydrograph Clean Power is a leading producer of pristine graphene using an explosion synthesis process, which allows for exceptional purity, low energy use and identical batches. The quality, performance and consistency of Hydrograph's graphene follows the Graphene Council's Verified Graphene Producer standards, of which very few graphene producers are able to meet.

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