First Graphene Limited (ASX:FGR)

ALERT: Price-sensitive ASX Announcement for FGR

Current share price for FGR : $0.065 -0.003 (-4.41%)⁺

Announcement

FGR to acquire advanced graphene coatings companies

Release

28 Apr 2026 8:36AM

Price at Release

$0.068

Full Release

Summary

First Graphene Limited has announced a strategic acquisition of Ionic Industries Inc. and Imagine Intelligent Materials, acquiring their manufacturing, intellectual property, and development assets related to advanced graphene coatings technologies. This AU$250,000 transaction in cash and shares is designed to deliver immediate market exposure, especially in geotextile and environmental infrastructure sectors, and strengthen First Graphene's capabilities in delivering enhanced graphene solutions across a broad range of applications such as water treatment, energy storage, and environmental remediation. This acquisition is expected to broaden First Graphene's product offerings and accelerate its commercialization strategy.

Key Points

First Graphene Limited enters agreement to acquire Ionic Industries and Imagine Intelligent Materials.
Acquisition includes manufacturing, intellectual property, and development assets.
Focus on graphene coatings technologies with proven commercial applications.
Exposure to geotextile and environmental infrastructure markets.
Acquisition valued at AU$250,000 in cash and shares.
Strengthens First Graphene's product suite and accelerates commercialization.
Geotextile applications improve barrier and conductivity properties.
Acquisition includes established sales and distribution channels.
Potential market expansion for advanced graphene solutions in environmental remediation, water treatment, energy storage, and more.
Acquisition expected to settle within 90 days.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.