Sixth Wave Innovations Inc. announced the granting of two new patents for its molecular imprinted polymers for mining applications. The first was by the Australian patent office, for molecularly imprinted polymer for the extraction of lithium, mercury, and scandium. The second patent granted by the Chinese patent office was for unique method of metal extraction and purification using molecularly imprinted polymers.

Molecularly Imprinted Polymers ("MIPS") selectively bind to specific target molecules in manufacturing and other processes allowing for extraction and purification of the target molecule in the presence of other molecules that are not desirable. In addition, In the case of these two patents the developed MIPs and processes covered target utilizing MIPs to efficiently separating valuable metals from ore processing and waste streams. MIPS are the foundation of the IXOS® product line. The United States and Canada continue to make significant investment in secure domestic supply of critical metals such as lithium and cobalt, currently processed overseas in jurisdictions which may not be relied upon in the future.

Moreover, the global drive to transition to electrification and sustainable power generation continues to push demand for both precious and critical minerals. Clean, efficient metal processing technology must underpin this transition while upholding the ESG guidelines of western economy. Sixth Wave's IXOS technology delivers these characteristics and can provide robust economic advantages.

Sixth Wave believes there are significant revenue opportunities for the Company's MIPS for metals purification currently sold under the IXOS® brand name. This technology enables the delivery of efficient, scalable, environmentally friendly, and lower cost solutions to mining customers.