21:32:38 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Lomiko Metals Inc
Symbol LMR
Shares Issued 155,463,267
Close 2015-07-15 C$ 0.04
Market Cap C$ 6,218,531
Recent Sedar Documents

Graphene holder Lomiko to keep 4.39-million-share stake

2015-07-16 11:50 ET - News Release

See News Release (C-GGG) Graphene 3D Lab Inc

Mr. A. Paul Gill of Lomiko reports

LOMIKO TECH STAKE IN GRAPHENE 3D LAB INCREASES AS G3D SIGNS DISTRIBUTION AND DEVELOPMENT DEALS

Lomiko Metals Inc.'s 100-per-cent-owned subsidiary continues to hold a 4,396,970-share stake in Graphene 3D Lab Inc. However, Graphene 3D Lab Inc. announced July 13, 2015, that its outstanding shares will be reduced 7.3 per cent from 44,387,500 to 41,164,955, increasing Lomiko's percentage ownership.

"The management at Graphene 3D Lab have our full support as they develop their strategy to build a dynamic company in the 3-D printing space," stated A. Paul Gill, chief executive officer.

On March 16, 2015, Graphene 3D Lab announced that it launched commercial sales of its conductive graphene filament for 3-D printing. The filament incorporates highly conductive proprietary nanocarbon materials to enhance the properties of PLA (polylactic acid), a widely used thermoplastic material for 3-D printing; therefore, the filament is compatible with most commercially available 3-D printers. The conductive filament can be used to print conductive traces (similar to that used in circuit boards) within 3-D-printed parts for electronics.

Further developments on June 23, 2015, indicating Graphene 3D Lab has doubled its graphene production capacity, and June 29, 2015, indicating that it is developing distribution deals, bode well for future demand in high-quality graphite for graphene conversion.

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