According to the initial engineering report by Baja California Test S.A. de R.L. De C.V. and as first reported on August 8, 2024, Premier’s proprietary graphene-enhanced concrete demonstrated a 32% improvement in tensile strength. The independent tests conducted by the global R&D team yielded similar results. Premier is now awaiting a larger-scale test order, and if these findings are reconfirmed through further independent testing, the company expects to secure initial orders and potential long-term supply agreements.

During the Zoom meeting, the company presented highly promising results from the recent testing of Premier Graphene's and HGI's concrete additive mix in mortar applications. The engineers expressed strong enthusiasm about the additive’s performance, indicating substantial potential for improving construction materials – rendering the ultimate product much stronger and much longer lasting. These results are consistent with the results achieved by the rigorous independent testing on asphalt.

The Company believes that these innovative formulations could also play a key role in significantly reducing greenhouse gas emissions in cement production.

The Company plans to move forward with large-scale testing of the additive in concrete during the next phase of evaluations. If these tests confirm Premier Graphene’s previous findings and align with the Company’s initial results, it has indicated plans to solidify its commitment to Premier Graphene and HGI’s groundbreaking formulation by placing orders and pursuing long-term supply agreements. The Company’s lead engineer expressed optimism about the promising results and the potential partnership, which could revolutionize construction materials on a global scale.

Pedro Mendez, President of Premier Graphene Inc., stated, "We are thrilled with the positive feedback we’ve received, and we look forward to seeing the results of the further concrete testing which is expected to be confirmed and lead to orders. This could mark a significant milestone for Premier Graphene and our commitment to advancing construction technologies."