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Showing posts with label Graphene ESD Corp. Show all posts
Showing posts with label Graphene ESD Corp. Show all posts

Monday, January 5, 2015

Lomiko Plans to Spin Out two new Technology Plays

Lomiko Metals Inc.Lomiko Metals Inc.

TSX VENTURE : LMR
OTCQX : LMRMF
FRANKFURT : DH8B




January 05, 2015 09:00 ET

Lomiko Plans to Spin Out two new Technology Plays, Establish a Graphite Resource and Drill Deep Gold Targets at Vines Lake in 2015



VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK--(Marketwired - Jan. 5, 2015) - Lomiko Metals Inc. ("Lomiko") (TSX VENTURE:LMR)(OTCQX:LMRMF)(FRANKFURT:DH8B) has made significant strides forward on several fronts in 2014. The strategic plan to create new ventures in the technology sector has been very successful.
"Lomiko's work in 2014 has set the stage for the accelerated creation of value in 2015, stated A. Paul Gill, CEO "This news release outlines our direction and goals in 2015 for shareholders, analysts, the media and new venture investors looking for a company that is moving forward despite difficult market conditions."
2014 Technology Highlights
  • In August, Lomiko participated in the Graphene 3D Lab IPO. A $ 350,000 investment in the private 3D printing company eventually became the TSX listed Graphene 3D Lab which currently has a $ 44 Million market cap. This transaction provided proof of concept for our vision to create new technology ventures. It also provided Lomiko with over 4 Million shares in Graphene 3D Lab, which have traded as high as $2.50. (link)
  • Lomiko has also transferred our graphene super capacitor investment into 40% ownership of a US corporation, Graphene Energy Storage Devices (Graphene ESD), in anticipation of a similiar transaction in 2015 (link)
  • Through our 100% owned subsidiary, Lomiko Technologies Inc., we have licensed the rights to manufacture and sell three power converter system designs and have acquired a pending supply contract for an existing customer from Megahertz Power Systems Ltd. (link)
2014 Graphite Exploration Highlights
  • Lomiko continued to explore our wholly owned Quatre Miles graphite property in the Province of Quebec. In July, 2014, we announced the discovery of 23 new high priority magnetic anomalies on this property. (link)
  • In September, Lomiko announced the acquisition of a 40% interest in Canada Strategic Minerals' La Loutre Crystalline Flake Graphite Property in Quebec. (link) The La Loutre property has since then been drilled and has produced very encouraging results. (link and link) We are particularly encouraged by the high grades and near surface locations of this graphite discovery.
Corporate
  • Lomiko was pleased to close financings for gross proceeds of $5,520,800 in March of 2014. (link)
  • Lomiko was approved for trading on the OTCQX Exchange in the USA in April, 2014 allowing new American investors there to participate in the growth and development of the Company.
  • Lomiko was also pleased to announce that a Shareholders Rights Plan came into effect at our October Annual General Meeting. (link) In the current market, technological innovation can create tremendous value literally overnight and our Shareholders' Rights Plan will ensure that our shareholders are treated fairly when such value is created.
  • Lomiko has arranged for a Market-maker to provide liquidity to the market and a better trading experience for investors.
  • Recently filed financial information for Q1 2015 (link) indicates Lomiko has $ 4.04 Million of cash and cash equivalents, $ 7.7 Million in un-realized equity (Graphene 3D Lab shares) and $ 1.7 Million in exploration assets.
2015 Goals
Management is confident the work done on both technology and exploration puts Lomiko in an excellent position to capitalize on the coming graphene revolution.
  • Lomiko Technologies goal is to create revenue from its licensing deals and e-commerce site and launch Lomiko Technologies as a new public company.
  • Graphene 3D Lab is making significant progress in developing their business plan for revenue and profitability. Lomiko will continue to meet any graphite needs that arise from demand created.
  • Graphene ESD will continue its development of energy storage devices and launch as a new public company in 2015.
  • Lomiko Metals will focus on creating a resource estimate and PEA for the La Loutre Graphite Property located near the Imerys Graphite and Carbon Mine in Quebec.
  • Lomiko will also drill deep gold targets at the 100%-owned Vines Lakes Project in Cassiar, B.C. which is adjacent to the historic Table Mountain Mine (link). The Magnetic Anomaly Map is available here (link).
  • Lomiko will launch an extensive advertising and brand awareness campaign designed to focus attention on our new products.
In a difficult market for junior exploration companies we have managed to stand out as an innovative, agile and forward-looking company. Our technology investments provide a counter balance to the junior resource market.
At the same time, we believe that by concentrating on finding high grade, near surface, graphite deposits, we will position Lomiko to be a low cost graphite producer when the time comes to mine graphite.
For more information on Lomiko Metals, review the website at www.lomiko.com.
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.

Contact Information


Lomiko Metals Inc.
A. Paul Gill
604-729-5312
info@lomiko.com
www.lomiko.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.
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