Graphene Manufacturing Group (GMG.V) on Thursday said it issued 193,500 shares on the TSX Venture Exchange at an average price of C$2.57 each under its "at-the-market" equity program during the second quarter.
The ATM Program, launched in July 2025, allows the company to issue and sell up to C$20 million of its shares from to the public under an equity distribution agreement between the company and Cantor Fitzgerald Canada, it added.
Commissions were paid to the agent in relation to these distributions, resulting in net proceeds to the company of C$482,447.59, added Graphene.
The company's shares were last unchanged at, to C$2.38 on the TSX Venture Exchange.