Martinrea International Inc. Announces Additional Strategic Investment in NanoXplore Inc. and Filing of Early Warning Report

Toronto, Ontario ā€“ Martinrea International Inc. (TSX: MRE) (ā€œMartinreaā€ or the ā€œCompanyā€) announced today that it filed an early warning report today in connection with the acquisition by Martinrea of 10 million common shares (the ā€œSharesā€) in NanoXplore Inc. (ā€œNanoXploreā€) a publicly listed company on the TSX Venture Exchange trading under the ticker symbol GRA, pursuant to several private agreements (the ā€œShare Acquisitionsā€). Of the 10 million common shares of NanoXplore acquired by Martinrea, 5,474,669 of the common shares were acquired at a price of $1.20 per share for an aggregate purchase price of $6,569,603 and 4,525,331 of the common shares were acquired at a price of $1.30 per share for an aggregate purchase price of $5,882,930. After the Share Acquisitions, the Company holds 30,199,800 common shares of NanoXplore, or approximately 25 percent of NanoXploreā€™s issued and outstanding common shares.

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Martinrea International Inc.
3210 Langstaff Road, Vaughan, Ontario, Canada, L4K 5B2 | www.martinrea.com

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