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Cipher Neutron s Research Division Receives Funding from Molymet, to Accelerate the Development of Rhenium-Based AEM Electrolysers

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.

Cipher Neutron s Research Division Receives Funding From Molymet, To Accelerate The Development Of Rhenium-Based Aem Electrolysers

Cipher Neutron Concludes The Preliminary Step Under Its MOU With Molymet With An Initial Sale Of AEM Electrolyser Technology

Cipher Neutron Concludes The Preliminary Step Under Its MOU With Molymet With An Initial Sale Of AEM Electrolyser Technology
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Cipher Neutron Concludes the Preliminary Step Under Its MOU with Molymet with an Initial Sale of AEM Electrolyser Technology

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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