Lomiko Metals Inc.
Lomiko Transfers Graphene ESD Shares to 100% Owned Subsidiary Lomiko Technologies
DGAP-News: Lomiko Metals Inc. 2015-04-13 / 14:32 --------------------------------------------------------------------- VANCOUVER, British Columbia, 2015-04-13 14:32 CEST (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@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. News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-04-13 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Lomiko Metals Inc. Canada ISIN: CA54163Q1028 End of News DGAP News-Service --------------------------------------------------------------------- 343605 2015-04-13
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