Vancouver, BC / TheNewswire / October 25, 2017 - Global Li-Ion Graphite Corp. ("LION" or, the "Company") (CSE: LION) is pleased to announce that the Company has entered into a MOU to acquire an interest in BEGO Technologies Ltd. Under the terms of the agreement LION will acquire 16% of BEGO and 49% of BEGO Energy Storage. The companies will endeavor to execute a definitive agreement quickly.
BEGO is a Hong Kong incorporated private company, which was formed to commercialize a new and innovative way to produce low cost, high value graphene oxide and graphene from Graphite.
BEGO, an acronym for Bio Electro Chemical Graphene Oxide, is a ecofriendly peer reviewed PCT patent pending process ("Process") that uses mother matures naturally occurring microbes to produce Graphene Oxide from graphite. Graphene Oxide is a precursor to producing Graphene which is a further process that is being advanced at CSU and other labs under contract with BEGO.
Commercialization of the Process is being advanced under the direction of Dr. Jin , the Process Co Inventor in collaboration with experts at Colorado State University where ongoing programs are underway to perfect the Process and its scaling.
BEGO's priority is to become a low cost high value vendor of engineered graphene materials, one of which is dedicated to advancing the next generation graphene based electrode for energy storage.
Research is going on world wide to increase the energy density of lithium ion batteries, to extend the EV range and load them faster. Graphene characteristics hold great promise to reach these holy grails. A low cost high quality provider of graphene will make possible commercialization of these advances.
We are pleased to welcome Dr Song Jin, a Chinese American, from Boulder CO. Dr Jin is Ph.D., Zoology/Environmental Biology, Bio-geo-chem, 1994 - 1997] [University of Wyoming. Dr Jin's specialty is Applied R&D, management and commercialization of advanced technologies in environmental and alternative energy areas
