Graphene 3D Lab Inc. Arranges Private Placement

Vancouver, BCand New York, NY / TheNewswire / July 7, 2016 – Graphene 3D Lab (TSXV:GGG, OTCQB:GPHBF) ispleasedtoannouncethatithas arranged a non-brokered privateplacementof up to 3,766,600 units (“Units”) at a price of $0.16 per Unit to raise aggregate gross proceeds ofup to $602,656 (the “Offering”).  Each Unit will consist of one common share and one non-transferable share purchase warrant (collectively, the “Warrants”).  Each Warrant will be exercisable to acquire one additional common share at $0.25 per share for a period of two (2) years from the date of closing of the Offering.The Company may pay cash finder’s fees raised in connection with the financing to arm’s length finders in accordance with the policies of the TSX Venture Exchange.
Completion of the Offering is subject to the delivery of definitive subscription agreements and TSX Venture Exchange’s acceptance.  All of the securities issued pursuant to this Offering will have a hold period expiring four months and a day after the closing date.  The net proceeds of the Offering will be used for the Company’s general working capital requirements.
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