Vancouver, British Columbia–(Newsfile Corp. January 7, 2025) Argo Living Soils Corp. (CSE: ARGO) (OTC Pink: ARLSF) (FSE: 94Y0) (“Argo” or the “Company”) is pleased to announce that it has entered into an MOU with PT. APLIKASI GRAFENA INDUSTRI & CONSULTING (AGIC) in Indonesia. PT. to jointly develop biomass to graphene technologies.
AGIC is based in Jakarta, Indonesia. The company is currently focused on the production of single-layer graphene derived from biomass. AGIC has set up a micro-production unit at the Institut Teknologi Sepuluh Nopember (ITS) in Indonesia.
The MOU states that ARGO and AGIC wish to pursue a joint venture to build, own and operate a commercial graphene R & D manufacturing facility for Agricultural and Industrial applications in Indonesia along with developing biochar-to-graphene technology. The company’s primary product to develop under the MOU is BIO-SLG, (biomass-based single-layer graphene). This innovative material is being developed using sustainable methods, utilizing biomass as a raw material to produce high-quality graphene. Industrial applications being considered include graphene semiconductors, silicon computer chip wafers.
Robert Intile, Director, states, “We are enthusiastic to partner with AGIC, an innovative company, which has created a low-cost way of making very valuable graphene. Their patented and proprietary IP can convert waste biomass into high quality graphene, which will revolutionize industrial applications. The establishment of this company represents a significant development in Indonesia’s advanced materials sector, particularly in the field of graphene technology.”
AGIC is one of the first graphene application developers in Indonesia. Established after successfully developing proprietary, low-cost synthetic Bio Graphene and Graphene Nano Particle Composite material technologies, the process is commercially scalable, based on homogenous biomass waste precursors only.
AGIC has patented and proprietary Graphene-based Fertilizer, G- ONBF /PGR Series, (Graphene Organic Nano Bio Fertilizer w/ Plant Growth Regulator) technology. AGIC considers this product will revolutionize fertilizer application and usage practices.
About Argo Living Soils Corp.
The Company specializes in Research and development of organic products, including reducing global carbon via agricultural biomass to Biochar soil products, amendments, living soils, biofertilizers, vermicompost and compost extracts formulated specifically for high-value crops. Argo is currently in an R&D agreement with Connective Global for the purposes of developing organic composted fertilizers and developing a biomass to biochar soil additive product. The Company’s vision and overall business plan are to create an established brand of organic and/or environmentally friendly products. The Company was founded in 2018.
For further information please contact:
Robert Intile
Director
Argo Living Soils Corp.
Email: [email protected]
Phone: 604-763-4017
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking information includes but is not limited to the Company creating a brand of organic and/or environmentally friendly products; the Company and AGIC jointly building and operating a commercial graphene R&D manufacturing facility . Generally, forward-looking information can be identified by the use of forward-looking terminology such as “will”, “potential”, “plans”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals, risks that current and any future global supply chain issues will delay the proposed project; risks that the Company will not be able to secure required financing on reasonable terms or at all; risks with respect to the implementation of law and regulations that may impose restrictions on the Company’s activities in Malaysia and Indonesia. The material factors and assumptions.
Company have attempted to identify important factors and assumptions that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.