VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK--(Marketwired - Nov. 22, 2013) -
LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B)
(Europe: ISIN: CA54163Q1028, WKN: A0Q9W7,) (the "Company") announced
today the formation of Graphene 3D Labs Inc. to focus on the development
of high-performance graphene-enhanced materials for 3D Printing. Dr.
Daniel Stolyarov of Graphene Laboratories Inc. ("Grapehne Labs") was
appointed CEO and Dr. Michael Gouzman, a leading expert in 3D Printing,
was appointed VP of Engineering and Technology.
On February 12, 2013 the Company had entered into a Strategic
Alliance Agreement ("SAA") with Graphene Labs. The creation of Graphene
3D Labs, a spin-out of Graphene Labs, is a result of R&D efforts
during the duration of the SAA.
3D Printing is a new and promising manufacturing technology
that has garnered much interest, growing from uses in prototyping to
everyday products. Today, it is a billion dollar industry growing at a
brisk pace. New developments in 3D printing will allow products with
different components such as printed electronic circuits, sensors or
batteries to be manufactured.
High quality graphite is a base material for producing
graphene. Lomiko will provide graphite to Graphene 3D Labs as the
exclusive supplier to Graphene 3D Labs and invest $50,000 in the
start-up for 250,000 preferred shares which are entitled to dividends.
Lomiko will require a minimum of $300,000 financing by May 1, 2014 to
participate in the venture and further financings to participate in a
series of graphene-related ventures in addition to work on a graphite
resource at the Quatre Milles Project. The transaction is arm's length
and subject to the approval of the TSX.
"Our involvement in Graphene 3D Labs is a concrete first step
into the world of Graphene, 3D Printing and Printed Electronics. This
is a rapidly developing new market for high quality natural graphite."
stated A. Paul Gill, CEO from the Graphene Live! Conference in Santa
Clara, California held November 19-22, 2013.
Dr. Elena Polyakova, CEO of Graphene Labs, was a speaker on
Graphene Live! and stated, "We anticipate graphene-enabled materials to
revolutionize 3D printing. We anticipate strong demand in airspace,
automotive, semi-conductor and advanced manufacturing industries."
Currently Lomiko and Graphene Labs are working toward the
integration of graphene-based products into end-user goods as set out in
the Strategic Alliance. Lomiko's high quality graphite and the
extensive customer database cultivated by the experts at Graphene Labs
will prove indispensable to reaching production and commercialization
Further developments related to new developments from
Graphene 3D Labs on specific materials and results from the
Supercapacitor Project will be reported when results are available.
Graphene 3D Labs Inc. Background
Graphene 3D Laboratories Inc a spin-out of Graphene
Laboratories Inc, focuses on development of high-performance
graphene-enhanced materials for 3D Printing.
For more information on Graphene 3D Labs, Inc, visit www.graphene3Dlab.com.
Graphene Laboratories Inc. Background
Graphene Laboratories, Inc., located in Calverton, NY,
specializes in the manufacture and sale of research materials to R&D
markets, with the world's largest selection of advanced and 2D
materials. Having been first in the market to introduce graphene
materials for research use, the company is working towards
industrial-scale production of graphene and graphene-like materials,
currently with pilot-scale production capabilities. The team at Graphene
Laboratories are recognized experts in graphene materials, with staff
regularly presenting at international conferences and exhibitions.
Researchers at Graphene Labs also specialize in custom projects and
Graphene Laboratories Inc. operates both the Graphene Supermarket® (www.graphene-supermarket.com) and Maximum Materials™ (www.maximum-materials.com),
and is a leading supplier of advanced 2D materials to thousands of
customers around the globe. The company offers a wide variety of
graphene materials, as well as other advanced 2D nanomaterials such as
molybdenum disulfide, tungsten disulfide, and boron nitride products.
For more information on Graphene Laboratories, Inc, visit www.graphenelabs.com.
Lomiko Metals Inc. Background
Lomiko Metals Inc. is a Canada-based, exploration-stage
company. The Company is engaged in the acquisition, exploration and
development of resource properties that contain minerals for the new
green economy. Its mineral properties include the Quatre Milles Graphite
Property and the Vines Lake property which both have had recent major
For more information on Lomiko Metals Inc., review the website at www.lomiko.com.
On Behalf of the Board
A. Paul Gill, Chief Executive Officer
We seek safe harbor. Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.