Annual Report 2022
Sydney, Aug 31, 2022 AEST (ABN Newswire) - K2 Energy Limited's (
NSX:KTE) application to list on the National Stock Exchange Limited ("NSX") in 2021 was successful and since July 2021 K2 shares have been quoted and traded on the NSX.
K2 Energy's major activities during the year were its strategic investment in Atomera, Inc. ("Atomera") and its solar energy activities.
K2 Energy provided critical funding to Atomera, Inc. during its R&D development phase while they developed patentable technology for the silicon chip industry with energy saving and performance attributes. This funding converted into a significant interest in a NASDAQ listed corporation, being Atomera, Inc.
K2 is now categorised as an Investment Company by NSX and holds 523,846 shares in Atomera, Inc. ("Atomera"), which is a semiconductor materials and technology company, focused on deploying its patented technology into the $450 billion semiconductor industry.
MEARS Solar
K2 Energy owns the exclusive worldwide rights to the MST(TM) Technology for all solar energy applications.
K2 Energy funded a research and development solar program conducted by Atomera with the aim being to develop more efficient silicon-based cells utilising MST(TM). Atomera and K2 Energy agreed that the solar activities have entered the commercialisation/collaboration phase. K2 Energy is seeking a solar group to joint venture or collaborate with, in order to commercialise the MST(TM) Technology.
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https://abnnewswire.net/lnk/C77327WS
About K2 Energy Limited
K2 Energy Limited (NSX:KTE) is currently involved in several major activities, being a Strategic Investor in Energy Saving Technology and Solar Energy. K2 Energy provided critical funding to Atomera, Inc. during its R & D development phase while they developed patentable technology for the silicon chip industry with energy saving and performance attributes. This funding converted into a significant interest in a NASDAQ listed corporation, being Atomera, Inc.
