NOVONIX Ltd (ASX:NVX) (FRA:GC3) announces the Government of Canada is investing $500,000 in Novonix Battery Testing Services Inc. to help the company's team further develop and market its innovative battery testing technologies.


- The Government of Canada invests $500,000 in NOVONIX Battery Testing Services Inc by way of an interest free loan to help further develop and market NOVONIX's innovative battery testing technology

- The funding was announced by The Honourable Kirsty Duncan, Minister of Science, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA). Darren Fisher, Member of Parliament for Dartmouth-Cole Harbour, also took part in the event.

- The federal funding is being allocated through ACOA's Business Development Program which supports small and medium-sized enterprises.

- Over 70 people attended the announcement including NOVONIX founders Dr Chris Burns and Dr David Stevens and Professor Jeff Dahn from Dalhousie University where NOVONIX Battery Testing Services Inc was spun out from


To view the news release issued today August 29, 2017 by the Government of Canada's Atlantic Canada Opportunities Agency (ACOA), please visit:


NOVONIX Limited (ASX:NVX) (FRA:GC3) is an integrated developer and supplier of high performance materials, equipment and services for the global lithium-ion battery industry with operations in the USA and Canada and sales in over a dozen countries.

NOVONIX is 50% owner of the PUREgraphite Joint Venture – established in 2017 by NOVONIX and Coulometrics to develop and exclusively commercialise ultra-high purity, high-performance graphite anode materials for the lithium-ion Battery market, focused on the electric vehicle, energy storage and specialist markets and applications.

The Company also owns a world-class, large and high-grade natural graphite deposit in an established mining province in Australia.

NOVONIX's mission is to support the global deployment of Lithium Ion Battery technologies for a cleaner energy future.



Ann Marie Paquet
Press Secretary
Office of the Minister of Science
Phone: 343-291-2692

Alex Smith
Director, Communications and Outreach
Atlantic Canada Opportunities Agency
Phone: 902-426-9417 / 902-830-3839 (cell)

Dr. Chris Burns
President and CEO
NOVONIX Battery Testing Services Inc.
Phone: 902-449-9121

Further information:

Greg Baynton
Executive Director
Phone: +61-414-970-566

Philip St Baker
Managing Director
Phone: +61-438-173-330

Link: Govt of Canada invests $500k in NVX Funding Announcement

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