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 goals.
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.graphene3Dlabs.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 R&D.
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 discoveries.
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.
Contacts: Graphene 3D Labs, Inc. (516)-375-9901 firstname.lastname@example.org www.graphene3Dlabs.com Graphene Laboratories, Inc. email@example.com www.graphenelabs.com Lomiko Metals Inc. A. Paul Gill Chief Executive Officer (604) 729-5312 firstname.lastname@example.org www.lomiko.com