Premier Graphene Affiliate Secures Two New Mexican Military Contracts, Expanding Defense Revenue
BIEI has more than doubled off its 52-week low of $0.
Summary
Premier Graphene's Mexican affiliate, HGI Industrial Technologies, has secured two new contracts to supply the Mexican military with tactical belts and ripstop fabric. This follows the successful completion of an initial military order, as reported in news on May 12th, indicating a growing relationship and repeat business. For this micro-cap company, these new contracts represent significant near-term revenue visibility and strengthen its position in the defense supply chain. Management expects to provide additional detail on contract quantities, delivery timelines, and financial impact as information becomes available.
At the time of this announcement, BIEI was trading at $0.00 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $1.7M. The 52-week trading range was $0.00 to $0.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.