Telescope Innovations to Participate in Lithium Supply and Battery Raw Materials Conference 2024

June 11, 2024 8:00 AM EDT | Source: Telescope Innovations Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 11, 2024) - Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) ("Telescope" or the "Company"), a developer of advanced technologies and services for the global pharmaceutical and chemical industries, is pleased to announce its participation the 2024 Lithium Supply and Battery Raw Materials Conference hosted by Fastmarkets. The conference will take place on June 24-27 in Las Vegas, NV.

Dr. Ryan Jansonius, VP of Chemistry Contract Services for the Company, and Jeffrey Sherman, COO, will present the Company's proprietary lithium refinement technology (ReCRFT™), which generates battery-quality lithium carbonate from brines in a single step. ReCRFT™ significantly reduces manufacturing costs, eliminating the need for feed polishing steps including ion or solvent exchange. The process is also compatible with highly impure and variable feedstocks.

ReCRFT™ embodies Telescope's cross-sector innovation, wherein cutting edge tools from the pharmaceutical sector are applied to solve process manufacturing challenges in the minerals industry. A white paper outlining the ReCRFT™process is also available through the company's website.

"Over the past 6 months, ReCRFT™ has garnered significant attention from the battery raw materials industry," commented Sherman. "We are excited to continue engaging closely with the field in Las Vegas this month, as our technology and services expand through industrial adoption and commercial deployment."

About Telescope

Telescope is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry. The Company builds and deploys new enabling technologies including flexible robotic platforms and artificial intelligence software that improves experimental throughput, efficiency, and data quality. Our aim is to bring modern chemical technology solutions to meet the most serious challenges in health and sustainability.

On behalf of the Board,

Telescope Innovations Corp.

Jeffrey Sherman, Chief Operating Officer

Forward-Looking Information

Forward-looking information is based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information.

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with the global COVID-19 pandemic; general economic conditions; adverse industry events; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies; competition; and other assumptions, risks and uncertainties.

Forward-looking statements in this document include expectations surrounding the attendance of Ryan Jansonius and Jeffrey Sherman at the Fastmarkets Lithium Supply and Battery Raw Materials Conference, and all other statements that are not statements of historical fact.

The forward-looking statements contained in this news release are made as of the date of this news release, and the Company expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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