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Graphitecorp proposes name change to Novonix

Graphitecorp Ltd. said June 8 that it will seek shareholder approval in the company's general meeting on July 10 to rename as Novonix Ltd. and to change its ticker on the ASX to NVX.

The proposed name change follows the acquisition of NOVONIX Battery Testing Services Inc., a battery testing equipment and services company in North America which developed the PUREgraphite anode material.

Graphitecorp also said that it will continue to consider complementary opportunities in other downstream battery materials and services.