The Conversation (0)
Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF) announced that its 100% owned subsidiary continues to hold a 4,396,970 share stake in Graphene 3D Lab (TSXV:GGG,OTCQB:GPHBF). Graphene 3D Lab previously announced on July 13, 2015 that its outstanding shares will be reduced 7.3% from 44,387,500 to 41,164,955, thereby increasing Lomiko’s percentage ownership.
As quoted in the press release:
On March 16, 2015 Graphene 3D Lab (TSXV: GGG) (OTCQB: GPHBF) announced that it launched commercial sales of its Conductive Graphene Filament for 3D printing, The filament incorporates highly conductive proprietary nano-carbon materials to enhance the properties of PLA, a widely used thermoplastic material for 3D printing; therefore, the filament is compatible with most commercially available 3D printers. The conductive filament can be used to print conductive traces (similar to as used in circuit boards) within 3D printed parts for electronics.
Further developments on June 23, 2015 indicating Graphene 3D Lab has doubled its graphene production capacity and June 29, 2015 indicating that it is developing distribution deals bode well for future demand in high quality graphite for graphene conversion.
Lomiko Metals CEO, A. Paul Gill, said:
The Management at Graphene 3D Lab have our full support as they develop their strategy to build a dynamic company in the 3D Printing space.
Click here for the full Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF) press release.
Click here for the Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF) profile.