Cipher Neutron's Research Division Receives Funding from Mol

TORONTO, January 23, 2024--Canadian company Cipher Neutron Inc. ("Cipher Neutron" or "CN") received funding from Molibdenos y Metales S.A. ("Molymet") to accelerate the development of Rhenium-Based Anion Exchange Membrane (AEM) Electrolyser Technology (the "Research Collaboration"). Molymet also issued an additional purchase order for Cipher Neutron’s existing AEM Electrolyser Technology to produce Green Hydrogen to support their industrial operations.

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