Talga Resources Ltd. announced that it has signed a commercial supply and development agreement with Haydale Limited for the production, marketing and sales of graphene based transparent conductive ink products for industrial applications in Asia. Pursuant to the Agreement, Haydale will purchase Talga conductive materials to produce conductive inks to be used in Haydale's recently announced anti-counterfeiting `PATit' product. This follows initial tests by Haydale demonstrating that Talga material can enhance the electrical conductivity of the inks by 15% or more above synthetic graphite.

Talga and Haydale will also collaborate to: further enhance the properties of graphene conductive ink and develop it for use in larger scale, high speed "Roll to Roll" printing; and jointly develop new formulations of graphene conductive inks for emerging applications in the Asian packaging and whitegoods markets. The term of the Agreement is for an initial twelve-month period with the option of extending the Agreement as agreed between the parties. The first shipment of Talga's material to Haydale is to commence immediately.

Many of the specifics surrounding the key terms of the Agreement remain `commercial in confidence', including the agreed pricing. Supply volumes are currently unquantifiable as they will be dependent on the scale up and commercial success of the initial products.