Announcement • Apr 24
First Graphene Limited Announces Results Of Graphene Enhanced Cement Roof Tile Production Trial With FP McCann First Graphene Limitedannounced results from a world-first production trial of graphene enhanced roof tiles with the UK's largest precast concrete manufacturer and supplier FP McCann. The five-month project used 40 tonnes of PureGRAPH® enhanced cement, developed by First Graphene's partner Breedon Group, to produce more than 10,000 tiles at FP McCann's Cadeby manufacturing facility in the UK. The final graphene enhanced cement roof tiles were tested for quality, efficiency and carbon emission reduction potential, as well as performance consistency. The production process achieved a cradle-to-gate reduction in carbon emissions of up to 14%, reinforcing the lower-carbon benefits of graphene for cement. The required amount of cement for the tiles was also reduced by up to 8%. The trial confirmed graphene enhanced cement, classified as CEM-II, could produce the same roof tiles at the same strength with fewer materials and lower costs compared to CEM-I. The tiles will be distributed for use in a variety of projects, including installation on a new building at FP McCann's Cadeby site. Conversations have commenced with industry partners following receipt of the results to determine interest in the graphene enhanced roof tiles for projects across the United Kingdom. The UK Government has also committed to deliver more than one million affordable and sustainable new homes in the next three years and has been funding innovative construction solutions to achieve this goal. This project was supported via 'Contracts for Innovation' with the UK Department for Energy Security and Net Zero (DESNZ) and the 'Resource Efficient Construction Impacts' program by the UK Department for Environment, Food and Rural Affairs' (DEFRA). The trial solidifies First Graphene's entrance into the global cement roof tile market which is anticipated to grow to USD 11,800 million by 2034. Reported Earnings • Feb 26
First half 2026 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2025) First half 2026 results: AU$0.004 loss per share (in line with 1H 2025). Net loss: AU$3.35m (loss widened 18% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 17
First Graphene Limited Announces Change of Company Secretary First Graphene Limited announced the change of Company Secretary, with the appointment of Mr. Brett Tucker effective February 17, 2026. Mr. Tucker has over 15 years of experience providing Company Secretarial services to ASX-listed and private companies across various industries. Concurrently, Ms. Elizabeth Lee resigns as Company Secretary. Announcement • Dec 18
First Graphene Limited Announces Production of Graphene Enhanced Cement First Graphene Limited announced the successful production of approximately 600 tonnes of graphene enhanced cement ahead of araft of new trial projects rolling out in the United Kingdom. The high tonnage of cement contains circa three tonnes of First Graphene's PureGRAPH-CEM additive and was produced by commercial partner Breedon Group PLC at its Hope Cement Works in Derbyshire. Production of this historic volume of graphene enhanced cement marks a major milestone for the cement and concrete industry, showcasing the commercial viability of manufacturing a more environmentally friendly product at scale. Manufacturing was completed efficiently at Hope Cement Works over one day, with PureGRAPH-CEM being added into the finally milling stage. The graphene enhanced cement enables users to reduce their CO2 footprint by up to 16% due to the reduced amount of carbon intensive 'clinker' required. The PureGRAPH enhanced cement is currently in storage ahead of despatch for use in concrete for three main projects across the United Kingdom, and for the University of Manchester to conduct compressive strength testing and analysis of the concrete's performance. Strong and sustainable concrete roof tiles The first trial will see 30 to 40 tonnes of graphene enhanced cement incorporated into thousands of roof tiles produced by FP McCann at its Cadeby manufacturing plant in Leicestershire. These tiles will be tested for material use efficiencies and waste reduction benefits over five months at the company's research and development facility in Knockloughrim. The trial is part of a Contracts for Innovation: Resource Efficient Construction Impacts project funded by Innovate UK, with PS15,000 allocated for the supply of graphene enhanced cement. FP McCann designed the trial in response to ongoing housing shortages in the UK and to assist with the UK Government's plan to deliver more than one million affordable and sustainable new homes by 2029. The PureGRAPH®? enhanced cement will also be used for two infrastructure projects in the UK, delivered in partnership with the high-end infrastructure division of Morgan Sindall Group PLC and Breedon. First Graphene has also received requests from multiple other organizations across the UK and Australia for experimental volumes of the material for testing across a wide range of applications. As one of the UK's largest cement producers, Breedon has a deep commitment to manufacturing sustainable construction materials, reinforced by the use of graphene enhanced cement at its production facility. First Graphene has previously collaborated with both Breedon and Morgan Sindall to successfully test graphene enhanced concrete as part of a high use truck wash bay on a UK motorway. New Risk • Nov 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (AU$468k revenue, or US$303k). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (AU$63.4m market cap, or US$41.0m). Announcement • Nov 19
First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 3.5 million. First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 3.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,750,000
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0048
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Nov 11
First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million. First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 43,750,000
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0048
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Nov 06
First Graphene Limited Announces Cement & Concrete Segment Update First Graphene Limited announced a raft of new trial projects to roll out in the UK containing PureGRAPH®? enhanced cement produced by commercial partner Breedon Group PLC. Breedon will produce approximately 600 tonnes of cement incorporating circa three tonnes of PureGRAPH®? CEM at its Hope Cement Works in Derbyshire, UK. This will in turn be distributed to numerous material, construction and academic partners in the UK looking to benefit from material performance improvements and carbon reduction associated with graphene enhanced cement (GEC) and concrete products. It is anticipated CO2 emissions associated with cement production will reduce by approximately 16% due to the partial replacement of carbon intensive clinker. Several other organizations have requested material to be tested in their respective applications. FP McCann to test graphene in concrete roof tiles: FP McCann is utilising between 40 and 60 tonnes of graphene enhanced cement in the production of thousands of roof tiles at its Cadeby manufacturing plant in Leicestershire, which will then be tested at the company's R&D facility at Knockloughrim. This aspect of the trial forms part of a successful application for a Contracts for Innovation with the Department for Energy Security and Net Zero (DESNZ) and Defra: Resource Efficient Construction Impacts project funded by UK Government, of which AUD 30,000 is for the supply of graphene enhanced cement and other raw materials. The trial project will replace CEM I with GEC, which incorporates graphene nanoplatelets to reduce carbon without compromising product strength. Testing and tile quality assessment will be carried out for approximately five months following their manufacture looking at realising material use efficiencies and reducing waste. FP McCann's trial has partially been designed in response to the UK housing shortage crisis and Government's plan to deliver 1.5 million affordable, sustainable new homes. This involves combatting rising material cost constraints by making cost effective, low carbon construction solutions available to the construction market. Morgan Sindall gears up to lay graphene ground slabs Meanwhile the high-end infrastructure division of Morgan Sindall Group PLC plans to use concrete batched by Capital Concrete in railway infrastructure ground slabs in London. Morgan Sindall has previously successfully tested graphene enhanced concrete containing PureGRAPH®? to build a high use truck wash bay on a motorway in the UK. This new collaboration will involve two tonnes of cement for a concrete batch, which will be used primarily in ground slabs while a smaller test slab will be poured for durability testing, monitoring and measuring. Remaining concrete will be used to produce samples for a suite of standard strength tests. As the manufacturer of graphene enhanced cement, Breedon plans to conduct pre-trial equipment inspections at Hope Cement Works this month with production to commence December 2025. Having already proven up carbon emissions reduction and performance improvements of cement produced with PureGRAPH®?, Breedon is a valued commercial partner of First Graphene and has strong commitments to manufacturing more sustainable construction materials. Some of the trial material will be used in the construction of a concrete slab at Hope Cement Works integrating EV charging infrastructure for staff and visitors. First Graphene Managing Director and CEO Michael Bell said: " This is a dynamic approach to trialling graphene enhanced construction material formulated by First Graphene and produced in collaboration with strategic commercial partner Breedon. One of the key outcomes these advanced materials offer is the reduction of carbon dioxide emissions, whether directly through a reduction in output of these harmful greenhouse gases or lower energy usage requirements in manufacturing, or indirectly due to enhanced performance characteristics and extending the usable life of products. First Graphene has a robust manufacturing platform based on captive and abundant supply of high-purity raw materials, and readily scalable technologies to meet growing market demand. As well as being the world's leading supplier of its own high performance PureGRAPH®?®?®? and concrete products. Announcement • Oct 06
First Graphene Limited, Annual General Meeting, Nov 06, 2025 First Graphene Limited, Annual General Meeting, Nov 06, 2025. Location: 1 sepia close, henderson wa 6166, Australia New Risk • Sep 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.8m free cash flow). Earnings have declined by 1.3% per year over the past 5 years. Revenue is less than US$1m (AU$468k revenue, or US$312k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (AU$71.9m market cap, or US$48.0m). Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.008 loss per share (vs AU$0.01 loss in FY 2024) Full year 2025 results: AU$0.008 loss per share (improved from AU$0.01 loss in FY 2024). Net loss: AU$5.37m (loss narrowed 15% from FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 2.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.0% per year over the past 5 years. Revenue is less than US$1m (AU$509k revenue, or US$333k). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (AU$41.5m market cap, or US$27.2m). New Risk • Aug 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$509k revenue, or US$330k). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (AU$29.6m market cap, or US$19.1m). New Risk • Jul 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$509k revenue, or US$334k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$30.0m market cap, or US$19.7m). Announcement • May 27
First Graphene Limited has completed a Derivatives Offering in the amount of AUD 0.401993 million. First Graphene Limited has completed a Derivatives Offering in the amount of AUD 0.401993 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 75,648,682
Price\Range: AUD 0.005
Security Name: Options
Security Type: Equity Option
Securities Offered: 4,750,000
Price\Range: AUD 0.005
Transaction Features: Rights Offering Reported Earnings • Mar 04
First half 2025 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in 1H 2024) First half 2025 results: AU$0.004 loss per share (improved from AU$0.006 loss in 1H 2024). Net loss: AU$2.85m (loss narrowed 24% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. New Risk • Mar 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m (AU$509k revenue, or US$316k). Minor Risk Market cap is less than US$100m (AU$31.5m market cap, or US$19.5m). Announcement • Feb 26
First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 2.387 million. First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 2.387 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 47,740,000
Price\Range: AUD 0.05
Discount Per Security: AUD 0.003
Transaction Features: Subsequent Direct Listing New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Revenue is less than US$1m (AU$492k revenue, or US$305k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$23.4m market cap, or US$14.5m). Announcement • Oct 10
First Graphene Limited, Annual General Meeting, Nov 08, 2024 First Graphene Limited, Annual General Meeting, Nov 08, 2024. Location: at the grace hotel sydney, 77 york street, sydney nsw 2000 Australia Reported Earnings • Oct 03
Full year 2024 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in FY 2023) Full year 2024 results: AU$0.01 loss per share (further deteriorated from AU$0.009 loss in FY 2023). Net loss: AU$6.33m (loss widened 17% from FY 2023). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.009 loss per share (vs AU$0.009 loss in FY 2023) Full year 2024 results: AU$0.009 loss per share (in line with FY 2023). Net loss: AU$5.75m (loss widened 6.0% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. New Risk • Apr 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$1.0m revenue, or US$684k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (AU$51.4m market cap, or US$34.0m). Announcement • Nov 15
First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million. First Graphene Limited has filed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 78,125,000
Price\Range: AUD 0.064
Discount Per Security: AUD 0.00192 New Risk • Oct 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.5m free cash flow). Revenue is less than US$1m (AU$1.0m revenue, or US$641k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (AU$53.2m market cap, or US$34.0m). Reported Earnings • Oct 01
Full year 2023 earnings released: AU$0.009 loss per share (vs AU$0.009 loss in FY 2022) Full year 2023 results: AU$0.009 loss per share (in line with FY 2022). Revenue: AU$1.00m (up 39% from FY 2022). Net loss: AU$5.42m (loss widened 8.1% from FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Sep 27
First Graphene Limited, Annual General Meeting, Nov 20, 2023 First Graphene Limited, Annual General Meeting, Nov 20, 2023, at 15:00 W. Australia Standard Time. Location: Melbourne Hotel, Perth Western Australia Australia Reported Earnings • Sep 01
Full year 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in FY 2022) Full year 2023 results: AU$0.01 loss per share (further deteriorated from AU$0.009 loss in FY 2022). Revenue: AU$1.00m (up 39% from FY 2022). Net loss: AU$5.42m (loss widened 8.1% from FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.4m free cash flow). Revenue is less than US$1m (AU$842k revenue, or US$546k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (AU$44.9m market cap, or US$29.1m). Reported Earnings • Mar 03
First half 2023 earnings released: AU$0.006 loss per share (vs AU$0.005 loss in 1H 2022) First half 2023 results: AU$0.006 loss per share (further deteriorated from AU$0.005 loss in 1H 2022). Net loss: AU$3.70m (loss widened 49% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Nov 16
First Graphene Limited's Paper Confirms PureGRAPH Benefits in Wastewater Concrete First Graphene Limited announced the release of a peer reviewed paper on findings from a study undertaken by the University of Wollongong and an Australian domestic water, sewerage and drainage statutory authority investigating the use of pristine graphene to enhance durability of concrete and mortar in corrosive water environments. The latest paper, which was co-authored by the Company, reports that based on the mix formulation for wastewater infrastructure, results showed that adding graphene to both concrete and mortar enhanced 28-day compressive strength by 10 - 20%. The best admixture level was found to be 0.02 - 0.1% of PureGRAPH® 50. The product also showed a reduction of the apparent volume of permeable voids (AVPV) of mortar by 11.7% and concrete by 19.3% at the optimal dosages. This was reported to most likely be due to a reduction in the number or size of pores in the paste. Graphene enhanced concrete and mortar with 0.2% and 0.15% dosage rates showed significant sulphate resistance, by reducing 62% and 60% of extension respectively, after exposure to a sulphate solution for 16 weeks. The release of the paper concludes the research phase and provides the company with validated scientific evidence the benefits PureGRAPH® can deliver in wastewater concrete pipe applications in terms of greater durability and greater resistance to corrosion. The Company is now aiming to leverage the findings to seek commercial opportunities in the wastewater and similar environments. The combined water and wastewater pipe market is projected to be worth USD 46.457 billion by 2030, with a CAGR of 6.5% during the forecast period from 2022 - 2030. The market was valued at USD 30.05 billion in 2021. The results add further strength to ongoing research, development and commercialisation opportunities in the cement and concrete segment for First Graphene. Commercial-scale trials continue with global construction chemical manufacturers including Fosroc International, and leading cement companies such as Breedon Cement. The ability of PureGRAPH® to increase the strength and durability of concrete enables a reduction in the clinker required during the cement manufacturing stage, thus reducing CO2 emissions by up to 18%. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. MD, CEO & Director Mike Bell was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 30
First Graphene Limited Announces Cement and Concrete CO2 Solutions Gain Traction First Graphene Limited announced the launch of a new range of products within its cement and concrete segment focused on reducing CO2 emissions and improving concrete durability. The Company also continues to advance commercial scale trials of graphene enhanced cement and concrete, including a second commercial scale grinding aid trial with a major European partner aimed at building upon recent positive laboratory results. As the Company's forward-looking order book continues to strengthen, First Graphene has also appointed a new industry commercial manager to spearhead the Company's future growth. New product introductions: The Company confirms the release of PureGRAPH CEM, a variation of the Company's renowned PureGRAPH® graphene product range designed for use in cement grinding aids and admixtures. It is targeted at construction chemical manufacturers, providing an easy to incorporate graphene formulation that overcomes some of the known issues in evenly dispersing graphene into products. The Company also confirms the release of an admixture developed in conjunction with South Africa based Nanoproof/Glade Chemicals. The admixture has shown excellent improvements in recent commercial trials, with significant improvements demonstrated in compressive and flexural strength if used in accordance with recommended loadings. The admixture is now being marketed by the Company as PureGRAPH® AM and is suitable for use by downstream concrete and construction material manufacturers to provide superior strength and durability properties. The Company's distribution agreement with New Zealand based GtM Action, announced in July 2021, has come to fruition with the release of GtM's HexMortarTM, a graphene enhanced dry mix mortar for shotcrete and pumping applications. HexMortarTM is formulated to quickly and permanently increase the flexural and compressive strength of dry mortars. Latest trials have shown significant improvement at 3, 7 and 28 days, including a 20% improvement in flexural strength and 27% improvement in compressive strength at the 28-day mark. Additionally, the benefits of graphene are delivering a product that is easy to work with while its minimal rebound reduces waste. The product is the first of a range of solutions being developed by GtM Action for the New Zealand and broader global cement and concrete markets that are in search of innovative products with reduced environmental impact. Continued progress on commercial scale trials The Company also continues to work with a consortium of partners including Breedon Cement Limited, Morgan Sindall Construction & Infrastructure Limited and the University of Manchester to develop a "green cement". The consortium received a grant from the UK Government in early 2022 to develop the green technology. Under the agreement, the consortium is planning a trial utilising up to 1,500 tonnes of specially formulated cement, converting to circa 9,000 tonnes of concrete, with varying doses of PureGRAPH® being applied to determine optimum dosage rates and performance outcomes. This represents one of the largest commercial trials of graphene enhanced cement and concrete globally. The Company is also progressing well in its collaboration with Fosroc International to develop cement additive systems. Under the five-year collaboration agreement, both organizations will contribute to the joint development of a range of PureGRAPH® enhanced cement additives that Fosroc aims to add to its portfolio of specialty products. These would provide the cement industry with a global solution to reducing carbon dioxide emissions and increasing the overall performance of cement. Advanced grinding aid trials are currently being undertaken with Fosroc in their global competence centres. A procedure to add graphene into the mill has been established. First Graphene Materials Scientists are working closely with Fosroc's Group Technology and local operations teams to demonstrate synergistic performance of graphene and grinding aids. Recent Insider Transactions Derivative • Sep 03
MD, CEO & Director exercised options to buy AU$129k worth of stock. On the 2nd of September, Michael Bell exercised options to buy 1m shares at a strike price of around AU$0.12, costing a total of AU$122k. This transaction amounted to 769% of their direct individual holding at the time of the trade. Since September 2021, Michael has owned 134.00k shares directly. Company insiders have collectively bought AU$155k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Sep 02
Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.012 loss in FY 2021) Full year 2022 results: AU$0.009 loss per share (up from AU$0.012 loss in FY 2021). Net loss: AU$5.02m (loss narrowed 20% from FY 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Aug 27
First Graphene Limited, Annual General Meeting, Oct 17, 2022 First Graphene Limited, Annual General Meeting, Oct 17, 2022. Agenda: Annual General Meeting. Announcement • Jul 30
First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. First Graphene Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,451,614
Price\Range: AUD 0.155
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,761,905
Price\Range: AUD 0.105
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,941,176
Price\Range: AUD 0.17
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,523,810
Price\Range: AUD 0.105
Transaction Features: Subsequent Direct Listing Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Michael Quinert was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.005 loss per share (down from AU$0.004 loss in 1H 2021). Net loss: AU$2.49m (loss widened 21% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
First Graphene Limited Secures an Additional Patent Within its Existing Hydrodynamic Cavitation Patent Family First Graphene Limited (‘First Graphene’ or ‘the Company’) announced that it has secured an additional patent within its existing Hydrodynamic Cavitation patent family, with the United Kingdom Intellectual Property Office. The patent describes how the Hydrodynamic Cavitation Process Technology can be used to coat particles with a surface coating of graphene platelets. It is a potential enabling technology for producing graphene coated silicon particles for use as anode materials in energy storage devices. A key challenge in the development of the next generation of batteries is how to increase their energy storage capacity. Existing carbon anodes typically have an energy density of about 400mAhg-1 whereas the equivalent theoretical value for silicon is an order of magnitude higher, at 4200 mAhg-1. This makes silicon a very attractive material for energy storage devices. Currently there are multiple issues associated with using silicon particles, including their low intrinsic electrical conductivity and the slow diffusion rate of lithium within the electrode. Another major issue is the significant volume change as lithium ions, which are used to transfer electrical charge, enter and leave the electrode. This causes the degradation of the silicon electrode, causing an irreversible loss in performance of the storage device. The challenge is to maintain the capacity of the battery after a given number of cycles: this should ideally be greater than 90% after 200 or more cycles. Coating silicon particles with a conductive layer, that is also porous to lithium ions, whilst also providing ‘reinforcement’ to mitigate against structural degradation, is a potential method that could overcome the above challenges. As a mechanically strong, conductive and thin material, a graphene coating on the surface of silicon particles readily lends itself as a solution. This patent covers the use of First Graphene's cavitation process technology to directly grow conductive graphene nanoplatelets on to the surface of suitable particles, including silicon. The benefit is that the process is simple, scalable and uses readily available feedstocks that are processed under bulk ambient conditions, as opposed to standard industry practices that require temperatures in excess of 900°C. Another benefit is that the process is clean hydrogen gas is produced as a byproduct. Initial proof of concept work disclosed in the patent describes how graphene can be synthesized onto the surface of silicon particles, giving a significant uplift in measured electrical conductivity. Securing this patent gives the Company a strong position in the global silicon anode battery market, which is projected to grow to $270 million by 2027 1, by providing it with a process that is scalable and a product that can be used in trials in energy storage devices. The granted patent also provides a means of protecting the Company's Intellectual Property associated with the use of cavitation technology within this market in the United Kingdom. Announcement • Sep 21
First Graphene Limited Launches New Masterbatch PureGRAPH MB-EVA First Graphene Limited announce the release of its second dedicated masterbatch product designed for blending with a range of plastic and rubber materials. A Masterbatch is a solid additive used in the plastics industry. It is a concentrated mixture of pigment, reinforcing material and/or other additives encapsulated within a suitable carrier resin, typically produced using extrusion technology. The mixture is then cooled before being fed into a pelletiser to be cut and formed into chips. Masterbatches are formulated to allow product manufacturers to easily incorporate graphene additives into their manufacturing processes. PureGRAPH® MB-EVA is a graphene enhanced Ethylene-Vinyl Acetate (VA) copolymer masterbatch, which utilises First Graphene's few-layer, high-performing graphene additives. The new formulation extends First Graphene's masterbatch product range, increasing the potential applications. Designed primarily for use in elastomers, such as rubber systems and plastics, as well as with thermoplastics, the high vinyl acetate content of the base polymer brings softness, flexibility and polarity. The masterbatch formulation could also potentially be compatible with other systems including resins, waxes, adhesives, and oil and bitumen products, opening the way for manufacturers of a broad range of products to benefit from the addition of graphene. The Company has been working with third party masterbatch suppliers to develop its range of ready-to-use, graphene enhanced formulations. Graphene enhanced masterbatches have the capability to provide a range of benefits to end products including increased mechanical performance, improved thermal and electrical conductivity, EMI shielding, increased barrier properties and fire retardancy. PureGRAPH® MB-EVA complements First Graphene's range of powder additives, PureGRAPH® AQUA and the recently released LDPE masterbatch. Custom PureGRAPH® masterbatch options are also now available on request in a range of polymer options that can be tailored to specific materials or applications. Reported Earnings • Sep 01
Full year 2021 earnings released: AU$0.012 loss per share (vs AU$0.011 loss in FY 2020) Full year 2021 results: Net loss: AU$6.30m (loss widened 20% from FY 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jun 15
First Graphene Limited Launches PureGRAPH LDPE First Graphene Limited announced the release of a new masterbatch product designed for blending with a range of thermoplastic materials to enhance the mechanical and thermal properties. PureGRAPH® MB-LDPE is a graphene-loaded low-density polyethylene (LDPE) masterbatch. It is provided in chip (pelletised) form and utilises First Graphene's few- layer, high-performing PureGRAPH® additives. Designed primarily for use in polyolefin systems, including polyethylene and polypropylene, the product can be easily incorporated using standard processing techniques. It can also be used with polyamide and acetal polymers and is available in all platelet sizes and variable concentrations.
PureGRAPH® MB-LDPE complements First Graphene's range of Powder and AQUA additives and is the first product in the Masterbatch range. It can be tailored to individual applications or chemistries by adjusting the carrier and graphene type and concentration as required. Several other masterbatch options are currently in development and will be released in the near future. A Masterbatch is a solid additive used in the plastics industry. It is a concentrated
mixture of pigment, reinforcing material and/or other additives encapsulated within a suitable carrier resin, typically produced using extrusion technology. The mixture is then cooled before being fed into a pelletiser to be cut and formed into chips. Announcement • Jun 09
First Graphene Limited Announces the Publication of A Scientific Paper Written by Researchers At the University of Adelaide First Graphene Limited announced the publication of a scientific paper written by researchers at the University of Adelaide, which describes a "green" process to improve the compatibility of First Graphene's PureGRAPH® materials in a range of systems. The paper, titled Highly Water Dispersible Functionalised Graphene by Thermal Thiol- ene Click Chemistry, was written by a team of researchers led by Professor Dusan Losic, leader of the Nano Research Group at The University of Adelaide and Director of ARC Graphene Research Hub. It has been peer reviewed and was published on 25th May 2021 in science and engineering journal Materials. The researchers successfully "functionalised" PureGRAPH® graphene supplied by First Graphene. The functionalisation process involves chemically bonding molecules to graphene platelets. One end of the molecule will bond to the graphene surface and the other free end interacts with the medium that the graphene is added into. This improves the level of dispersion and interaction of the graphene platelets with the medium, further enhancing its properties and improving its dispersion in other composite systems such as polymers and rubbers. PureGRAPH® has a broad range of applications which can be further expanded by adding additional finishing steps, generally referred to a functionalising. Announcement • May 28
First Graphene Limited announced that it expects to receive AUD 5.3 million in funding from Specialty Materials Investments LLC First Graphene Limited (ASX:FGR) announced that it has entered into a share placement agreement with Specialty Materials Investments LLC for a private placement of 23,043,478 shares to be issued at a price of AUD 0.23 per share for gross proceeds of AUD 5,300,002 on May 27, 2021. The transaction is expected to close on May 31, 2021. Announcement • Mar 11
First Graphene Limited Announces the Release of its New PureGRAPH® AQUA Range of Graphene Additives First Graphene Limited announced the release of its new PureGRAPH® AQUA range of graphene additives. The ground-breaking products are pre-dispersed in water and supplied as pastes for easy formulation into water and polar solvent based formulations. PureGRAPH® AQUA is available in lateral sizes ranging from 5 microns to 50 microns providing flexible solutions for customer formulations. PureGRAPH® AQUA has been developed to provide customers with a "super-dispersed" graphene/water product that is easier to use and mix into water and solvent based products, including paints, latex and cement composites. The larger platelet sizes available in the PureGRAPH® AQUA range are of particular use in the cement and rubber industries, with the larger platelet size and aspect ratio provide increased mechanical properties. The pre-dispersed graphene also provides HS&E benefits to the cement and rubber industries. Announcement • Feb 28
First Graphene Limited Extends Commercial Relationship with planarTECH Holdings Limited First Graphene Limited advised it has extended its commercial relationship with planarTECH Holdings Limited ("planarTECH"). First Graphene has been providing its PureGRAPH® products to planarTECH for its
face mask production since May 2020. Further work has been undertaken in anti-static coatings for other personal protective equipment (PPE) being developed by planarTECH. The two companies have agreed to extend their commercial relationship, with planarTECH also working to sell PureGRAPH® graphene to manufacturers in South East Asia, China, Taiwan, Korea and Japan. planarTECH had previously established potential markets with manufacturers throughout the region but was unable to access consistent quality graphene in commercial quantities. Reported Earnings • Feb 20
First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.006 loss in 1H 2020) First half 2021 results: Net loss: AU$2.06m (loss narrowed 29% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 12
Mike Bell, Recently Appoints Chief Executive Officer of First Graphene Limited Now Commences in Full-Time Capacity First Graphene Limited announced that recently appointed Chief Executive Officer Mike Bell has now commenced in a full-time capacity with a focus on growing commercial opportunities. Appointed following the retirement of founding Managing Director Craig McGuckin, Bell said he had joined First Graphene at an exciting stage as it moved from its strong research and development foundation to one of concerted commercial growth. Is New 90 Day High Low • Jan 04
New 90-day high: AU$0.27 The company is up 96% from its price of AU$0.14 on 06 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 2.0% over the same period. Announcement • Dec 14
First Graphene Limited Announces Executive Changes First Graphene Limited announced the appointment of Michael Bell as its new Chief Executive Officer. Mr. Bell replaces Managing Director Craig McGuckin, who will retire at the end of this month after eight years with the Company. With more than 20 years' experience in engineering and business management, Mr. Bell has significant international experience driving business growth. He comes to First Graphene from Singapore-based ST Engineering Group where he serves as Senior Vice-President. Commenting on the appointment, Mr. Bell said that First Graphene was at a pivotal stage in its development. Is New 90 Day High Low • Nov 23
New 90-day high: AU$0.21 The company is up 56% from its price of AU$0.14 on 25 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 2.0% over the same period. Announcement • Oct 10
Craig Mcguckin Announces Intention to Retire as Managing Director of First Graphene Limited First Graphene Limited that Managing Director Craig McGuckin has given the Board three months' notice of his intention to retire. Mr. McGuckin is a founding director of FGR and has overseen the construction of the world's large chemical exfoliation graphene manufacturing facility in Henderson, Western Australia. Announcement • Sep 23
First Graphene Limited Announces Test Work with Ascent Shipwrights Confirms That PureGRAPH Significantly Improves FRP Boats First Graphene Limited announced successful collaboration with Ascent Shipwrights working on the development of PureGRAPH enhanced composite construction materials used in fiberglass boat building applications. Composite boats are fabricated using a composite core material sandwiched between layers of fibre reinforced polymer (FRP) to create a strong and lightweight structure. The incorporation of PureGRAPH into the FRP laminate aimed to improve the mechanical properties of the overall composite system, whilst also providing an additional barrier to moisture intake and hydrolysis attack. The Company reports that initial test work has been completed using a conventional high strength core material to evaluate the performance of increasing PureGRAPH 20 concentrations compared to a control system being used at present. The result demonstrates the enormous potential for PureGRAPH enhanced composite structures within the boat building industry and how the material can easily be incorporated within an existing production process. Larger scale testing is being planned to look at a variety of core materials and PureGRAPH enhanced FRP compositions. Further laminates have been produced for accelerated weathering testing, where improvements in hydrolysis resistance, water diffusion and UV resistance are anticipated. FGR will provide updates to the market as test work progresses. Announcement • Jun 22
First Graphene Limited(ASX:FGR) dropped from S&P/ASX Emerging Companies Index First Graphene Limited(ASX:FGR) dropped from S&P/ASX Emerging Companies Index