The Conversation (0)
Lomiko Metals (TSXV:LMR) gave an overview of progress made by the company in 2014. Specifically, the release stated that Lomiko’s plan to create new ventures in the technology sector had been very successful.
As quoted in the press release, technology highlights from 2014 included:
- 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.
- 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
- 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.
Lomiko CEO, A. Paul Gill, said:
Lomiko’s work in 2014 has set the stage for the accelerated creation of value in 2015.
Click here to read the Lomiko Metals (TSXV:LMR) press release
Click here to see the Lomiko Metals (TSXV:LMR) profile.