MAGNIS ENERGY TECHNOLOGIES LTD overview

Sydney, Australia (ABN Newswire) - Magnis Energy Technologies Ltd (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to provide an update from the iM3NY Battery Plant located in Endicott, New York. Magnis is the majority shareholder of iM3NY. New York State ESD Grant iM3NY has received confirmation from NY State-sponsored business development initiative Empire State Development ("ESD") that iM3NY has met the requirements to receive an initial grant of US$2 million. These funds, which potentially...

Sydney, Australia (ABN Newswire) - Magnis Energy Technologies Ltd (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to announce that it has entered into a standby equity facility agreement ("Equity Facility") with Evolution Capital Pty Ltd ("Evolution Capital"). Magnis Chairman Frank Poullas commented: "The Standby Equity Facility provides Magnis with another option when it comes to raising funds to support the business. Magnis will have the option whether to utilise the facility at all, along with...

Sydney, Australia (ABN Newswire) - Magnis Energy Technologies Ltd (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to announce the appointment of Mr. Fabrizio Perilli as Non-Executive Director, effective immediately. Mr Perilli has over 25 years of experience in director level roles and has overseen projects valued at over $6 Billion. Currently he is co-founder and Managing Director at PERIFA, a vertically integrated international property group. Prior to PERIFA, Mr Perilli spent 15 years at TOGA...

Sydney, Australia (ABN Newswire) - VIDEO: Magnis Energy Technologies Limited (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) iM3NY Lithium-Ion battery plant at Endicott, upper state New York, USA. Watch clips of some of the stages in the lithium-ion battery production process. To View the video, please visit: https://www.abnnewswire.net/lnk/7M98CEBC About Magnis Energy Technologies Limited: Magnis Energy Technologies Limited (ASX:MNS) (OTCMKTS:MNSEF) (FRA:U1P) is involved in and has strategic investments in...

Sydney, Australia (ABN Newswire) - Magnis Energy Technologies Limited (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to announce that it has received firm commitments raising $10 Million via the placement of 83,333,334 shares at $0.12 per share, which will be issued within the capacity under Listing Rule 7.1. The placement was made to local and overseas institutional fund managers along with professional and sophisticated investors. The funds raised under the placement will be used to advance...

Sydney, Australia (ABN Newswire) - Magnis Energy Technologies Ltd (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to announce that it has increased its interest in iM3NY LLC ("iM3NY") to 73% following the conversion of the Bridging Finance announced on 31 March 2023 (and some other minor financial assistance provided by Magnis more recently) into iM3NY equity. Highlights: - Conversion of Bridging Finance into iM3NY equity takes Magnis' ownership interest to 73% - Following UN38.3 certification,...

Sydney, Australia (ABN Newswire) - Magnis Energy Technologies Ltd (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to announce that it has executed a Letter of Intent (LOI) for Phase 1 of the Anode active materials commercialization facility in the United States. It is planned that the facility will be used to produce Magnis Natural Graphite Anode Active Material in the US. This facility is in the Southwest United States and is a key contender which was chosen from amongst the sites undergoing an...

Sydney, Australia (ABN Newswire) - Magnis Energy Technologies Ltd (ASX:MNS) (FRA:U1P) (OTCMKTS:MNSEF) is pleased to announce lithium-ion batteries produced at the iM3NY Battery Plant have received UN38.3 certification. Magnis is the major shareholder of iM3NY. All cells were compliant with the various tests undertaken and certification can only be achieved if all cells are one hundred percent compliant. Regulated industries such as energy (lithium-ion battery cells), pharmaceutical, specialty...