A source of information and resource for small investors - "Patience is a Super Power" - "The Money is in the waiting"
Showing posts with label Lomiko Technologies Inc. Show all posts
Showing posts with label Lomiko Technologies Inc. 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

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.