Lomiko Metals to Benefit from Acquisition by Portfolio Company Graphene 3D Lab Inc. - Video News Alert on InvestmentPitch.com

August 25, 2015 11:20 AM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - August 25, 2015) - Lomiko Metals (TSXV: LMR) (FSE: DH8B.F) (OTCQX: LMRMF) stands to benefit from the acquisition made by one of its portfolio companies, Graphene 3D Lab Inc.

Graphene 3D Lab (TSXV: GGG) (OTCQB: GPHBF), in a non-arm's length transaction, is acquiring all the issued and outstanding shares of Graphene Laboratories, which will operate as a wholly owned subsidiary of Graphene 3D Lab.

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Graphene Laboratories, active in the manufacture and worldwide distribution of nanocarbon and graphene products, recorded un-audited annual revenues in excess of US$1 million for the year ended December 31, 2014.

Graphene Laboratories, through Graphene Supermarket® (www.graphene-supermarket.com) supplies graphene and other advanced materials to more than 8,000 customers worldwide, including most Fortune 500 tech companies and major research universities. Notable clients include, NASA, Ford, GE, Apple and Harvard and Stanford Universities.

Graphene Laboratories also holds a provisional patent relating to the manufacture and processing of graphene, and is planning a two-phased development program to advance this manufacturing process from bench-top prototype to a large-scale manufacturing operation.

Its business and graphene product lines will complement and expand Graphene 3D's existing business of research, development and production of polymer nanocomposite graphene-based filaments for fused filament fabrication in 3-D printers.

Paul Gill, Lomiko CEO stated: "New developments in graphene are increasing at a tremendous rate. Investors should be cautious in claims regarding new companies involved in graphene. Having a strategic partnership with and being a significant shareholder in Graphene 3D Lab allows Lomiko a unique insight into this new industry."

In addition to drilling a graphite property in Quebec, Lomiko is involved in several downstream markets for both graphite and graphene material. Lomiko owns a 40% stake in Graphene Energy Storage Devices Corp., which has signed a research agreement with the Research Foundation of Stony Brook University to develop new supercapacitors designs for energy storage. Supercapacitors bridge the gap between conventional capacitors and rechargeable batteries.

Paul Gill added: "The device is designed as a versatile energy storage solution for electronics, electric vehicles and electric grid. Energy storage is a rapidly developing field which can benefit from the outstanding properties of graphene. We believe that graphene-based devices will deliver the best value for multiple energy storage applications."

Lomiko Metals' 100% owned subsidiary, Lomiko Technologies, has registered on crowdfunding site Kickstarter.com to raise funds to complete safety testing of a unique combined USB in wall AC receptacle, which the company plans to market through its E-Commerce website.

Lomiko Metals currently trades at $0.03, and with 156 million shares outstanding, the company is capitalized at $4.7 million, with its holdings of approximately 4.4 million shares of Graphene 3D Lab valued at $2.9 million.

For more information about Lomiko, please visit the company's website www.lomiko.com, contact A. Paul Gill, CEO at 604-729-5312 or email info@lomiko.com.

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