Lomiko Transfers Graphene ESD Shares to 100% Owned Subsidiary Lomiko Technologies
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Lomiko Metals Inc. /
Lomiko Transfers Graphene ESD Shares to 100% Owned Subsidiary Lomiko
Technologies
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The issuer is solely responsible for the content of this announcement.
VANCOUVER, British Columbia, April 13, 2015 (GLOBE NEWSWIRE) -- Lomiko Metals
Inc. (TSX-V:LMR) (OTCQX:LMRMF) (FSE:DH8B) ("Lomiko") is a founding shareholder
of Graphene Energy Storage Devices ("Graphene ESD") and controls 40% of this R&D
company (link). On February 23, 2015, Graphene ESD signed a research agreement
with the Research Foundation of Stony Brook University (SBU) (link). Graphene
ESD Corp. will partner with the SBU Center for Advanced Sensor Technologies
(Sensor CAT) to develop new supercapacitors designs for energy storage. As a
result of this new development, Graphene ESD will not seek to raise further
funds through an IPO.
In order to better organize the company's assets, Lomiko Metals Inc. will
transfer its shares in Graphene ESD to its 100%-owned subsidiary Lomiko
Technologies. Lomiko is currently considering various options to launch Lomiko
Technologies that would best reward shareholders. The priority is to minimize
disruption of the progress, current work and momentum of the two companies.
Lomiko Highlights:
* Exploration of three High Purity Flake Graphite properties in Quebec.
* Testing of graphite material for suitability to various market applications.
* Development of markets for Graphene 3D Lab products (10.43% ownership by
Lomiko) such as Black Magic3D and Nylon 680 Filament.
* Graphene ESD graphene supercapacitor research project with Stony Brook
University.
* Lomiko Technology plans to manufacture, market and distribute the licensed
LED power converters and USB charging systems for the growing LED lighting
and re-charging device markets.
For more information on Lomiko Metals, review the website at www.lomiko.com,
contact A. Paul Gill at 604-729-5312 or email: info(at)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.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Lomiko Metals Inc. via GlobeNewswire
[HUG#1910451]
Unternehmensinformation / Kurzprofil:
Datum: 13.04.2015 - 14:32 Uhr
Sprache: Deutsch
News-ID 385195
Anzahl Zeichen: 3107
contact information:
Town:
Surrey, BC
Kategorie:
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