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Novusterra, a U.S-based company focused on developing and commercializing high-value products and applications for graphene and carbon nanostructures, has announced that it has acquired the exclusive rights to patents for graphene and carbon nanostructure from American Resources Corporation in exchange for $16 million of Class A common Novusterra shares. Andrew Weeraratne, CEO of Novusterra, commented, "We are excited to complete this transaction to drive fundamental value for our shareholders and build a world class team to help navigate the growth of the company in the future. The techn...

American Resources said it intends to dividend most of the shares that it receives through this transaction to its underlying investors at or...

Press release content from Accesswire. The AP news staff was not involved in its creation.

15.08.2022 - Record quarterly revenues of $16.2 million represents the best in Company's history with significant expansion opportunities over the balance of the yearCompany boasts 78% quarter-over-quarter revenue growth; adjusted EBITDA for the 2Q 2022 of $11.5 ...

Jeff Peterson promoted to Chief Operating Officer; Dr. Yi Ding joins as Director of Research & Development; Chris Moorman joins as Chief Commercial Officer