$GMGMF $GMG GMG Leases New Site for Production & Office

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$GMGMF $GMG GMG Leases New Site for Production & Office Expansion

https://www.newsfilecorp.com/release/297118

Brisbane, Queensland, Australia--(Newsfile Corp. - May 12, 2026) - Graphene Manufacturing Group Ltd (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company" is pleased to announce that the Company has signed a 3 year lease, with options for term extension, to support production expansion and to provide additional office space for staff. The site is within the Richlands suburb of Brisbane, nearby to the existing headquarters of the Company. The site has over 2,100 square metres of covered space — including offices, meeting rooms and a high ceiling warehouse.

Craig Nicol, CEO & Managing Director of the Company, commented "This is the first site for expansion for our company — for both staff and production assets. We will look to expand our production assets here after the Gen 2 Project is completed — which is expected at the end of June 2026."

Jack Perkowski, Non-Executive Chairman and Director of the Company, commented: "As we look to expand our production plants around the world — this is the first significant step in our global growth plan."

Operations Update

GMG is focused on delivering its Gen 2.0 Graphene Production Project (the "Gen 2.0 Project" by end of June 2026 — which is expected to produce at least 10 tonnes per annum of graphene at its headquarters in Richlands, Queensland, Australia.

Once the Gen 2.0 Project is commissioned and operating, GMG plans to replicate and establish other production plants around the world to enable scaled production for potential sales, diversify and lower production risks, and reduce operating costs by locating the plant in countries with lower operating costs, including low cost natural gas — one of GMG's key production input costs.

Currently, GMG is planning three potential expansion projects — two in North America (potentially one in US and one in Canada) in addition to an expansion production project in Australia (located on the expansion lease outlined in this release). GMG proposes to mature these projects and expand production in line with sales for all of its products.

The expansion program for GMG includes the following 5 production plants:

Graphene Production (from natural gas)
Coating Blend Plant (for the graphene coating THERMAL-XR®)
Lubricant Blend Plant (for the graphene lubricant additive G® LUBRICANT)
Graphene Slurry Plant (for the SUPA G Lithium-Ion Battery Additive)
Battery Assembly Plant (for the Graphene Aluminium Ion Battery)
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