Monday, December 8, 2014

Target date retirement funds or retirefunds are growing in popularity

Target dated Retirement funds are known as Retirefunds. They are often set up to target a specific date which is usually the retirement date of the individual investor in question.

Examples of such funds can be found at BMO, Scotiabank, Manulife, T. Rowe Price, Pimco, and many other banks and financial institutions too numerous to mention here.  These funds are the "cruise control" of mutual funds. As the investor gets closer to retirement, the fund's asset allocation becomes more conservative and focuses on fixed income. The changing asset allocation is called the glide path.

 "In the U.S., target-date funds hit the public consciousness after the Pension Protection Act of 2006. The legislation allowed 401(k) plan sponsors to make life cycle funds the default investments for participants who didn't choose their own funds. The logic was that since investors were now in charge of their own retirement funds, sitting in cash wasn't going to get them there".(See Nasdaq)

In Canada, target dated funds began gaining more interest around the same time. These funds have some very positive aspects which are desired by many investors.  Many individuals are so busy with their own careers, family and lives that they truly want their retirement funds on cruise control. Although I often point out you are the best keeper of your retirement plan and your money, many people either do not, or cannot look after their own plans.

There are however some drawbacks to these plans you should be aware of. The Canadian investment review has an excellent article on this very subject entitled: The trouble with retirement dated funds.

Retirefunds may not be for everyone but there is a growing investor base that wants to keep their investments on cruise control.  If you are interested in this form of retirement financing, you should contact a qualified financial adviser.

Ed

Friday, December 5, 2014

Focus Graphite takes another big step towards production at Lac Knife

Focus Graphite Inc.Focus Graphite Inc.

TSX VENTURE : FMS
OTCQX : FCSMF
FRANKFURT : FKC

Focus Graphite Files Environmental and Social Impact Assessment for the Lac Knife Graphite Project



OTTAWA, ONTARIO--(Marketwired - Dec. 1, 2014) - Focus Graphite Inc. (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) ("Focus" or the "Company") is pleased to announce the completion and filing of an Environmental and Social Impact Assessment ("ESIA") for the Lac Knife Project located in northeastern Québec. Golder Associates completed the study and the report. This significant milestone is one of several initiatives underway that are contributing to the ongoing process of de-risking Lac Knife's Project development.

A Feasibility Study that demonstrates the technical and economical viability of the Lac Knife project was filed on August 8th, 2014. Since then, the general site layout of the Feasibility Study was further optimized between July and October. This optimized site layout is included in the ESIA report and is being used to consult with communities including the Uashat mak Mani-Utenam ("ITUM") First Nation and community stakeholders in Fermont with respect to their sustainable development interests. The mine site layout and design will be refined further during the upcoming detailed engineering phase of the project.

The ESIA is the main document used to communicate and discuss details of the project to all concerned regulators and community stakeholders regarding the project's impact, risk mitigation, and potential benefits. The Lac Knife ESIA was filed with Québec's provincial authorities at the Ministère du Développement Durable, de l'Environnement et de la Lutte contre les Changements Climatiques ("MDDELCC").

The Company is working in collaboration with MDDELCC regarding the various permits required for developing the Lac Knife Project and this process will continue towards the objective of obtaining the final Decree from the government of Québec.

Don Baxter, President and Chief Operating Officer of Focus Graphite said: "We are very pleased to announce this significant milestone that furthers our sustainable development initiatives by integrating both social and environmental aspects of the Lac Knife project. This report is the result of several years of fieldwork and consultation with stakeholder communities in the area, and is an ongoing initiative. The Project team that we have assembled continues to deliver important milestones that continue to advance and de-risk the project. It is worth noting that this relatively low cost flake graphite mining project also has a very small carbon footprint compared to other graphite projects outside Quebec due to Hydro Québec's hydroelectric power that is a key economic and environmental variable for the project."
 
Worthy of mention is that the Lac Knife battery ready graphite project is a relatively small-scale mining operation with a relatively small footprint in a well-established mining district.
Following the Company's news release on May 27th titled "Independent Test: Focus Graphite Succeeds in Producing Extremely High-Performing Coated Spherical Graphite For Lithium Ion Batteries", a Preliminary Economic Assessment of this second transformation into spherical graphite is planned. This study regarding value added products is not within the scope of the current Lac Knife project but it is now an integral part of the process for obtaining a mining lease. The Lac Knife concentrate would be further processed in a separate commercial scale production facility to manufacture spherical graphite.

Therefore, participation in this project offers the potential added value of this second transformation to spherical graphite used in Li-ion batteries that will help to enable the electrification of transportation and other green technologies as well as creating more jobs in the secondary transformation sector. These are key interests with respect to the Plan Nord in Québec. Both the mine site and the spherical graphite production plant would be powered by Hydro Québec's low cost and low carbon footprint sustainable energy sources.
Neither the capital expenditures or operational costs nor the potentially higher margins associated with the second transformation of graphite concentrate into spherical graphite products are included in Lac Knife's current project economics.
The positive Feasibility Study for the Lac Knife Project covers a 25 year mine life based on 7.86 million tonnes (429,000 tonnes Proven and 7,428,000 tonnes Probable) of Proven and Probable Reserves grading 15.13%Cg. The project has the potential to become a low cost high quality battery ready graphite producer with an internal rate of return of 30.1% before-tax (24.1 after-tax) based on an average value of $1,713 per tonne of high carbon content concentrate (base case). The payback period is estimated at 3 years. 

Qualified Person
The technical information in this news release was prepared, reviewed and approved by Mr. Don Baxter, P. Eng., Focus President & Chief Operating Officer, a Qualified Person as defined by NI 43-101 guidelines.

About Focus Graphite
Focus Graphite Inc. is an emerging mining development company with an objective to produce value added products initially for the lithium ion battery market from the Lac Knife graphite deposit located south west of Fermont, Québec. The Lac Knife project hosts a NI 43-101 Measured and Indicated Mineral Resource Estimate* of 9.6 million tonnes (432,000 tonnes Measured and 9,144,000 tonnes Indicated) grading 14.77% graphitic carbon (Cg) as natural flake graphite with an additional Inferred Mineral Resource Estimate* of 3.1 million tonnes grading 13.25% Cg. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. The Feasibility Study filed with SEDAR on August 8, 2014 for the Lac Knife Project indicates the project is economically viable and has the potential to become a low cost graphite producer based on 7.86 million tonnes (429,000 tonnes Proven and 7,428,000 tonnes Probable) of Proven and Probable Reserves grading 15.13 Cg. On May 27, 2014 the Company announced the Potential for High Value Added Sales in the Li-Ion Battery Sector following battery coin cell tests performed on Lac Knife Spherical Graphite ("SPG"). Testing measured the performance metrics and confirmed Focus' capability to tailor lithium ion battery anode grade graphite and value added products to meet the most stringent customer specifications. Focus Graphite is a technology-oriented enterprise with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.
* Mineral resources are not mineral reserves and do not have demonstrated economic viability
Forward Looking Information
This News Release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the Company in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the Company; (xii) the risks associated with the various environmental regulations the Company is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; and (xvii) the risk of potential dilution through the issue of common shares.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this News Release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.

Contact Information


Focus Graphite Inc.
Mr. Don Baxter, P.Eng
President and Chief Operating Officer
705-789-9706
dbaxter@focusgraphite.com
www.focusgraphite.com

Thursday, December 4, 2014

Lomiko Metals invests in Graphene supercapacitors through Graphene ESD Corp

VANCOUVER, BRITISH COLUMBIA AND NEW YORK, NEW YORK, Dec 03, 2014 (Marketwired via COMTEX) — Lomiko Metals Inc. (“Lomiko”) (TSE-LMR)(otcqx:LMRMF)(frankfurt:DH8B)

 is very pleased to announce it has signed an agreement to invest in a new graphene-related venture, Graphene Energy Storage Devices (Graphene ESD Corp.), a U.S. Corporation. On December 4, 2013, Lomiko reported on a successful conclusion to Phase I of its Graphene Supercapacitor Project which involved Graphene Laboratories Inc. and Stony Brook University. Graphene ESD Corp. has been formed to commercialize the technology and bring the graphene-based energy storage devices to market.
Supercapacitors bridge the gap between conventional capacitors and rechargeable batteries. They store the most energy per unit volume or mass (energy density) among capacitors. Supercapacitors power density is generally 10 to 100 times greater than normal capacitors or batteries. This results in much shorter charge/discharge cycles than batteries. Additionally, they will tolerate many more charge and discharge cycles than batteries. 


Incorporation of graphene material in supercapacitor electrodes may further improve energy and power density of the device. Graphene ESD Corp. will develop low-cost graphene-based supercapacitor devices that will be capable of even higher discharge currents. The development will focus on large-scale devices that are projected to have the lowest cost of power and stored energy in its class.

“As reported December 4, 2013, the Phase I Graphene Supercapacitor project yielded encouraging results. Graphene ESD Corp. will build on the success of this project and will be developing a graphene-based supercapacitor. The device is designed as a versatile energy storage solution for electronics, electric vehicles and electric grid.” stated A. Paul Gill, CEO of Lomiko Metals Inc. 

Graphene is finding new application in sensors, electronics, and advanced materials. 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.”

Graphene ESD Corp. will issue and Lomiko will purchase for $ 182,286 USD, 1,800 shares (the “Shares”) of its Series A Preferred Stock (the “Stock”) at a purchase price of US$ 101.27 per share. The dividend, conversion rights and liquidation preference of the Series A Preferred Stock are set forth in the Certificate of Incorporation attached as Exhibit “A” to the Agreement to be submitted to the TSX Venture Exchange and filed on Sedar. Upon completion, the authorized capital of the Company consists of:
(a) 3,200 shares of Common Stock, par value $0.0001 per share (“Common
Stock”), 2,700 shares of which are issued and outstanding.
(b) 1,800 shares of Preferred Stock, par value $0.0001 per share
(“Preferred Stock”), all of which have been designated Series A
Convertible Preferred Stock and are pending the approval and completion
of the current transaction.
The transaction is subject to all required approvals of the TSX-Venture Exchange, and Lomiko agrees to apply for, and use reasonable commercial efforts to obtain, such approval immediately following the execution of this Agreement.
For more information on Lomiko Metals, review the website at www.lomiko.com
For more information on Graphene ESD Corp. please visit the website at www.graphene-esd.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:
Lomiko Metals Inc.
A. Paul Gill
604-729-5312
Email: info@lomiko.com
Graphene ESD Corp.
V. Solovyov
631-816-5189
Email: info@graphene-esd.com
SOURCE: Lomiko Metals Inc.
(C) 2014 Marketwire L.P. All rights reserved.

Wednesday, November 19, 2014

Berkwood Resources MAG and TDEM surveys indicate 3 km and 1.8 km trends for Graphite near Mason's advanced property

Berkwood Resources Ltd. (TSX.V: BKR) ("Berkwood" or the "Company") is pleased to announce preliminary results of a helicopter-borne magnetic (MAG) and time-domain electromagnetic (TDEM) survey recently completed over its Lac Guéret South Graphite Property (“the Property”), in northeast Quebec.
The high-resolution geophysical survey, comprising 413 linear kilometres with a line spacing of 200 metres, was performed by Prospectair Geosurveys Inc. of Gatineau, Quebec and outlined several good conductors. The results were processed and interpreted by Dubé Geoscience of Ottawa, Ontario.

The survey successfully delineated an electromagnetic (EM) anomaly along a 1.8 kilometre trend, including a large circular conductive anomaly with a diameter of approximately 900 metres. Additional targets defined by the survey, within the Lac Guéret South Graphite Property, include a strong bedrock conductor, 3 km in length, situated at the Property’s northern border with Mason Graphite’s advanced Lac Guéret Property.

Preliminary analysis indicates that the anomalies are likely strong bedrock conductors which have electromagnetic Z component channels response consistent with a potential graphitic source. Geophysical analysis recommends the next course of action to be follow-up ground geophysics in the form of the PhiSpy ground TDEM system to better define the conductive source positions and their extents in order to guide precision prospecting, trenching and drilling in spring and summer 2015.

The newly generated exploration targets increase Berkwood’s confidence that there is significant potential to discover new mineralized zones, which could enhance the value of Berkwood’s Graphite property portfolio.

Brian Buchanan CEO & Director of Berkwood Resources stated We consider the initial results to be very encouraging, furthering our objective of discovering and defining graphite targets in the newly acquired Lac Guéret South Graphite Property, which should allow us to quickly advance exploration on the project.”

Alain Berclaz, P.Geo a consultant to the Company and a Qualified Person under the definition of Canadian National Instrument 43-101, approved the technical information in this news release.

To view details, maps and photos of Berkwood’s Graphite properties please click here.
About Berkwood Resources:

Berkwood has an option to earn a 100%-interest in the recently acquired 5,788 ha Lac Guéret South Graphite Property, located in northeastern Quebec. The Lac Guéret South Graphite Property borders the southern boundary of Mason Graphite’s Lac Guéret Project which has a NI 43-101 compliant mineral resource estimate with measured & indicated mineral resources of 50 million tonnes grading 15.6% Cgr (including 6.6 million tonnes grading 32.4% Cgr).  Berkwood also holds a 100% interest in the Lac Guéret East Graphite Property which is adjacent to the eastern boundary of Mason Graphite’s Lac Guéret Property. Berkwood’s Lac Guéret East and South Graphite Properties share a similar geological environment to Mason Graphite`s Lac Guéret Property including along strike stratigraphic units and structures.

Berkwood also holds a 100% interest in the Prospect Valley Gold Property near Merritt, BC.  Several areas of gold mineralization have been identified on the 10,871 Ha property. The majority of historic drilling has taken place in the centre of the claim block along the Discovery Trend. This drilling has outlined an extensive low grade epithermal gold system with indications of potential for additional and higher grade mineralization. The system remains open for expansion and other known zones of gold mineralization have yet to be drilled (see Berkwood news release dated January 25, 2012, for details).

If you are not currently on the Berkwood Resources email list, please visit our website by clicking here to opt-in to the list. The Company will send out regular updates and news releases to everyone who asks to be on the list.

For additional information please contact:

Karim Sayani, Corporate Communications
Tel: (604) 662-7455 E-mail: karim@berkwoodresources.com

Tom Steer, Corporate Development
Tel: (604) 681-7455 E-mail: tomsteer@berkwoodresources.com


On Behalf of Berkwood Resources

Brian Buchanan, President and Director

 
This Berkwood News Release contains certain "forward-looking" statements and information relating to Berkwood that are based on the beliefs of Berkwood's management as well as assumptions made by and information currently available to Berkwood's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, competitive factors, general economic conditions, relationships with strategic partners, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. Except as required by law, Berkwood does not assume the obligation to update any forward-looking statement. The Mason Graphite NI 43-101 mineral resource estimate was sourced from the Mason Graphite news release dated July 29, 2014. The Qualified Person has been unable to verify the information contained within the Mason Graphite news release and the mineralization on the Mason Graphite property is not necessarily indicative of the mineralization on the Company’s property.
 
Neither the 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 news release.

Tuesday, November 18, 2014

IBC Advanced Alloy Moves to Broaden US Institutional Investor Outreach

IBC Advanced Alloys Corp.IBC Advanced Alloys Corp.

TSX VENTURE : IB
OTCQX : IAALF




November 18, 2014 09:00 ET

IBC Advanced Alloys Engages Stonegate Inc.




VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 18, 2014) - IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQX:IAALF) announces that it has retained the services of Stonegate Inc. to provide investor relations services to the Company with a specific focus on the US small-cap institutional investment community.
Stonegate Inc. is a 40-year-old investor relations, research and investment banking firm based in Dallas, Texas. Its research covers companies in a variety of industries and is distributed to its wide network of institutional investors. Stonegate's primary focus is assisting small cap companies to achieve their capital markets objectives and to both increase and strengthen their institutional shareholder base.
Anthony Dutton, President and CEO of IBC commented, "With increasing interest from the aerospace and precision manufacturing sectors, now is the ideal time to introduce IBC to targeted US institutional investors. We understand their investment criteria, are confident we are meeting those criteria, and we believe Stonegate is a great fit for us because of their expertise in this sector. We look forward to working with them and have targeted early December for our first investor presentations."
In connection with the engagement, Stonegate will receive US$5,000 per month commencing November 17, 2014. The term of the agreement is six months and may be cancelled subsequently, in writing, with standard notice provisions. The agreement is subject to the acceptance of the TSX Venture Exchange.
About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. 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.
This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.

Contact Information


IBC Advanced Alloys Corp.
Ian Tootill
Director of Corporate Communications
(604) 685-6263 ext. 110
itootill@ibcadvancedalloys.com
www.ibcadvancedalloys.com

The Howard Group Inc.
Dave Burwell / Brad Dryer
Toll Free: 1-888-221-0915 or (403) 221-0915
info@howardgroupinc.com

IBC on You Tube

Monday, November 3, 2014

IBC Advanced Alloys Partners with Baoshida Swissmetal and Avins to Develop and Distribute a New High Performance Alloy



VANCOUVER, BC - November 3, 2014 - IBC Advanced Alloys Corp. (TSX-V: IB; OTCQX: IAALF) reports that its Copper Alloys division is partnering with Baoshida Swissmetal Ltd. and Avins USA Inc. to manufacture a high performance alloy for use in multiple markets and applications. The initial business development focus will be targeted North American and European opportunities with revenues expected to exceed $10 million in the first three to five years of production.

"We are pleased that Baoshida Swissmetal and Avins have chosen us as their partner on this project and we have already begun preparation at our facilities for the first trial," said Douglas Veitch, Vice President of Business Development for IBC.  "We are continuing to develop our manufacturing capabilities in new alloys, and working with a globally recognized and respected company like Baoshida Swissmetal will open the door for additional opportunities in the future."

 
Baoshida Swissmetal Ltd. (www.swissmetal.com), headquartered in Reconvilier, Switzerland, is an integrated manufacturer and distributor of high quality, specialty products made from copper and copper alloys serving the electronics, aerospace, military, oil and gas exploration, automotive, and consumer goods industries. The company has 250 employees in two production facilities in Reconvilier and Dornach Switzerland.

 
Mr. Jean-Pierre Tardent, the Chief Executive Officer, proudly announced the upcoming partnership with IBC Advanced Alloys and said, "Driven by requests from our technically demanding customers from around the world, Baoshida Swissmetal looks forward to the partnership with IBC Advanced Alloys which will expand our product offering in high performance alloys".

 
Avins USA, Inc. (www.avins.com) is a 60-year-old, family-owned company specializing in the engineering and design support, supply chain management, and distribution of globally sourced high quality metal and alloy products. Avins has four offices (New Jersey, Los Angeles, Chicago, and Guadalajara) and twelve warehouses located throughout North America with a comprehensive product line of specialty bars, rods, wires, tubing, strip, foils, forgings, castings, billets and custom-extruded profiles. Avins has been the exclusive North American distributor for Baoshida Swissmetal for over 40 years and is the ideal partner for this new alloy project.  

About IBC Advanced Alloys Corp.

 
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF." 
Please OPT IN to continue to receive IBC News:

IBC Advanced Alloys Corp.

Ian Tootill, Director of Corporate Communications  
(604) 685-6263 ext 110

The Howard Group Inc.

Dave Burwell / Brad Dryer
Toll Free: 1-888-221-0915
(403) 221- 0915  


This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. 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.

This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.

Monday, October 27, 2014

Trading Halted on Lomiko Metals as it advances future of graphene based products

Lomiko Signs Licensing Agreement to Produce and Supply Power Converter Systems to E-Commerce Customers

Lomiko Metals Inc. ("Lomiko") (TSX VENTURE: LMR) (PINKSHEETS: LMRMF)(FRANKFURT: DH8B) and its 100% owned subsidiary Lomiko Technologies Inc. are pleased to announce an agreement to license from Megahertz Power Systems Ltd. ("Megahertz") rights to manufacture and sell three (3) power converter system designs ("Licensed Power Systems"), acquire a pending supply contract ("Customer Contract") with a Canadian LED system integrator ("LED Customer") and support the research and development of new products. 

"The Power Converter Market is a multi-billion dollar market. With the increasing demand for energy-efficient electronic devices, the advent of re-chargeable batteries and the new market for quick-charge supercapacitors, Lomiko has the opportunity to move into a growing market with a profitable business model.", stated A. Paul Gill, CEO. 

Lomiko will establish cash-flow under the current Customer Contract within six months which is based on proven and in-demand devices designed by MegaHertz. The creation of an e-commerce site in three to four (3-4) months will increase the customer base for the Licensed Power Systems over the estimated five (5) year product cycle. In the long term, Lomiko and MegaHertz will work on innovative new designs that power products using graphite and graphene based devices to dramatically raise operating efficiencies and help reduce the energy waste for the Electronic equipment, Energy Storage and Automotive Industries worldwide. 

Lomiko Metals Inc. has been involved in the exploration and development of graphite assets in Quebec since 2012. After a February 11, 2013 Strategic Alliance with Graphene Labs, Lomiko Technologies Inc. was formed in May, 2014 in order to become involved in the end uses of graphite and graphene. On December 4, 2013, Lomiko reported on a successful conclusion to Phase I of its Graphene Supercapacitor Project which involved Graphene Labs and Stony Brook University. Currently, Lomiko is working with Graphene Labs to launch Phase II of the Graphene Supercapacitor Project and will announce details shortly. A power converter designed to charge a graphene supercapacitor within minutes is one long term design goal of the MegaHertz deal. 

Assignment of Customer Contract and Initial Funding
Megahertz has agreed to assign and transfer the pending revenue-generating Customer Contract for an existing OEM 120VAC 60 Watt LED Driver design (the "Custom LED Driver") with the LED Customer. Megahertz shall grant non-exclusive licenses to Lomiko to manufacture and sell the following three power converter system designs as the Licensed Power Supplies:
--  A custom OEM 60W 120V OEM Led driver solely for the existing LED
    Customer ("Custom LED Driver" - the design of which is owned by the LED
    Customer);
--  A Type AB in-wall AC receptacle with USB ports for recharging laptops,
    smartphones and tablets ("AB-USB6 Receptacle") for e-commerce sales;
--  A 60W LED driver product ("LED90+ Driver") for online e-commerce sales.
--  Lomiko will pay Megahertz a 15% royalty on Lomiko's net sales of
    Licensed Power Supplies, (the "Royalty").

Lomiko shall advance the sum of Two Hundred Fifty Thousand Canadian Dollars (Cdn. $250,000) (the "Start-up Funds") in order to:
--  Organize and set up contract manufacturing of Licensed Power Supplies;
--  Develop an e-commerce web-site for sales of certain Licensed Power
    Supplies;
--  Establish a local office in support of Lomiko's sales of Licensed Power
    Supplies;
--  Manage initial contract manufacturing, sales, customer relations,
    general business administration and technical support for customers and
    contract manufacturers ("Project Management Services") for the initial
    year of operations.

About Lomiko Metals Inc.
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.

About Lomiko Technologies Inc.
On February 12, 2013 Lomiko Metals and Graphene Labs signed a Strategic Alliance to develop vertical integration within the graphite field and develop new businesses in the nanotechnology field which resulted in the creation and IPO of Graphene 3D Lab. Lomiko Technologies was created in currently holds 4,396,970 shares of Graphene 3D Lab. 

About MegaHertz Power Systems Ltd.
MegaHertz Power Systems Ltd (www.mhps.co) is a FAB-less technology licensing company focused on the development of miniature extremely low cost, and very efficient Power Supply Solutions. MegaHertz provides low cost electronic components and efficient custom power supply designs to foster new business opportunities for manufacturers around the globe. Innovative new designs are under way to dramatically raise operating efficiencies and help reduce the energy waste for the Electronic equipment and Automotive Industries worldwide. 

For more information on Lomiko, 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:
Lomiko Metals Inc.
A. Paul Gill
Chief Executive Officer
604-729-5312
info@lomiko.com
www.lomiko.com


SOURCE: Lomiko Metals Inc.

Editors Notes: Graphite is also a critical component of Lithium-Ion Batteries and cannot be economically replaced.