Cipher Neutron Concludes the Preliminary Step Under Its MOU

TORONTO, January 08, 2024--Canadian company Cipher Neutron Inc. ("Cipher Neutron" or "CN") has received from Molibdenos y Metales S.A. ("Molymet") Molymet’s first purchase order for CN’s innovative Anion Exchange Membrane (AEM) Electrolyser Technology. This purchase order is in furtherance of the collaborative relationship between Cipher Neutron and Molymet agreed upon pursuant to the Memorandum of Understanding (the "MOU") between CN and Molymet publicly announced by Cipher Neutron in 2023 for

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