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EyesonHawk2 22 Apr 2019

Monday RNS - Term Sheet Well yes JT we’re all waiting for that but I believe it’s coming to a head this year at some point. We all need to be patient!

jaytee41 22 Apr 2019

Monday RNS - Term Sheet He was on about his top 5 worst investments this year. Although VRS are no where near his worst he did quote an analyst stating what we’ve all heard before - the MOUs etc etc need converting into cash generating contracts.

EyesonHawk2 22 Apr 2019

Monday RNS - Term Sheet JT…Didn’t see the Cowie article from yesterday…what was the gist? eyeson

jaytee41 22 Apr 2019

Monday RNS - Term Sheet With all the recent good news, Ian Cowie still has time to have a go at VRS in yesterday’s ST

techno-foxx 22 Apr 2019

New or latest Graphene news phys.org Through thick and thin: Neutrons track lithium ions in battery electrodes Lithium-ion batteries are expected to have a global market value of $47 billion by 2023. They are used in numerous applications, because they offer relatively high energy density (storage capacity), high operating voltage, long shelf life and little...

techno-foxx 18 Apr 2019

Monday RNS - Term Sheet

nondangerousdan 15 Apr 2019

Monday RNS - Term Sheet MThanks! This makes the Lanzarote sunshine even better!

EyesonHawk2 15 Apr 2019

Monday RNS - Term Sheet Todays podcast:

the_old_trout 15 Apr 2019

Monday RNS - Term Sheet Nice to see it smash through chart resistance this morning but needs a breather here imo in order to take out the next barrier. Will look to add if it retraces to test the breakout around 130p GLA, Tot

walrog 15 Apr 2019

Monday RNS - Term Sheet Thanks Eyeson. WR

EyesonHawk2 15 Apr 2019

Monday RNS - Term Sheet A term sheet is a nonbinding agreement setting forth the basic terms and conditions under which an investment will be made. A term sheet serves as a template to develop more detailed legal documents. Once the parties involved reach an agreement on the details laid out in the term sheet, a binding agreement or contract that conforms to the term sheet details is then drawn up. See: [link]

EyesonHawk2 15 Apr 2019

New or latest Graphene news What is a Term Sheet A term sheet is a nonbinding agreement setting forth the basic terms and conditions under which an investment will be made. A term sheet serves as a template to develop more detailed legal documents. Once the parties involved reach an agreement on the details laid out in the term sheet, a binding agreement or contract that conforms to the term sheet details is then drawn up. See: [link]

EyesonHawk2 15 Apr 2019

Monday RNS - Term Sheet RNS Number : 1244W Versarien PLC 15 April 2019 Versarien plc (“Versarien” or the “Company”) Term Sheet with Beijing Institute of Graphene Technology Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that it has signed a term sheet (“Term Sheet”) with Beijing Institute of Graphene Technology Co. Ltd (“BIGT”) covering the proposed cooperation between the parties to develop Versarien’s graphene related business in China. BIGT was founded in 2017 by Aero Engine Corporation of China (“AECC”), Beijing Institute of Aeronautical Materials (“BIAM”), and the Beijing Government, based on nearly a decade of graphene research by BIAM. BIAM and the National Graphene Institute at the University of Manchester have been working together on a wide ranging five-year collaborative research project since 2015. The Term Sheet, which is subject to contract and formal BIGT board approvals, was signed on Sunday 14 April 2019 at a public ceremony in Shenzhen, China, attended by representatives of BIGT, the Company and from the Chinese and UK Governments. Subject to the completion of due diligence and the entering into of formal documentation to the satisfaction of both parties, the Term Sheet envisages BIGT assisting Versarien with the establishment of a subsidiary in China, wholly owned by the Company. Any such Versarien Chinese subsidiary would be focussed on the manufacture of Versarien’s graphene and other 2D materials in China and their sale to Chinese customers, working in collaboration with BIGT. This would not preclude Versarien entering into other ventures in China and it remains the Company’s preference that any Chinese manufacturing base is situated in Jinan. The Term Sheet envisages that BIGT will provide funding to Versarien for the proposed subsidiary and other corporate purposes in the form of an equity investment in the Company, providing BIGT with a holding of up to 15% of the issued share capital of the Company, although there can be no certainty that a formal agreement will be entered into, nor the specific terms that any such agreement may take. It is the Company’s current intention that in any fund raising of this nature existing and prospective private and institutional investors will be given the opportunity to participate on the same terms. Versarien and BIGT are currently undertaking additional due diligence and detailed negotiations. Further announcements will be made as appropriate. Neill Ricketts, CEO of Versarien, commented: "We are very pleased to have reached the term sheet stage in our discussions with Beijing Institute of Graphene Technology. This developing relationship potentially offers a huge opportunity for the Company and we look forward to progressing matters. "During the last six months we have announced a number of MOUs with global manufacturers based in China, together with securing relationships with Chinese provincial government bodies. The plans with BIGT are complementary to these. “We look forward to continuing detailed discussions with BIGT and making further announcements in due course as we look to rapidly scale the Versarien graphene business. We remain well funded and any capital would only be accepted to appropriately accelerate our growth plans.”

nondangerousdan 15 Apr 2019

New or latest Graphene news Anyone able to tell me what a term sheet is? Excuse my ignorance!

Crusoe 12 Apr 2019

New or latest Graphene news Another excellent find techno-foxx. I am trying to keep all of these kinds of reports/write-ups, which relate to graphene use, in a safe place to re-read now and again as the potential for the likes of VRS is enormous - but I don’t think reminders are necessary.

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