Tag Archives: Lomiko Metals

Graphite ‘gold’ rush?

Someone in Germany (I think) is very excited about graphite, more specifically, there’s excitement around graphite flakes located in the province of Québec, Canada. Although, the person who wrote this news release might have wanted to run a search for ‘graphite’ and ‘gold rush’. The last graphite gold rush seems to have taken place in 2013.

Here’s the March 1, 2018 news release on PR Newswire (Cision), Note: Some links have been removed),

PALM BEACH, Florida, March 1, 2018 /PRNewswire/ —

MarketNewsUpdates.com News Commentary

Much like the gold rush in North America in the 1800s, people are going out in droves searching for a different kind of precious metal, graphite. The thing your third grade pencils were made of is now one of the hottest commodities on the market. This graphite is not being mined by your run-of-the-mill old-timey soot covered prospectors anymore. Big mining companies are all looking for this important resource integral to the production of lithium ion batteries due to the rise in popularity of electric cars. These players include Graphite Energy Corp. (OTC: GRXXF) (CSE: GRE), Teck Resources Limited (NYSE: TECK), Nemaska Lithium (TSX: NMX), Lithium Americas Corp. (TSX: LAC), and Cruz Cobalt Corp. (TSX-V: CUZ) (OTC: BKTPF).

These companies looking to manufacturer their graphite-based products, have seen steady positive growth over the past year. Their development of cutting-edge new products seems to be paying off. But in order to continue innovating, these companies need the graphite to do it. One junior miner looking to capitalize on the growing demand for this commodity is Graphite Energy Corp.

Graphite Energy is a mining company, that is focused on developing graphite resources. Graphite Energy’s state-of-the-art mining technology is friendly to the environment and has indicate graphite carbon (Cg) in the range of 2.20% to 22.30% with average 10.50% Cg from their Lac Aux Bouleaux Graphite Property in Southern Quebec [Canada].

Not Just Any Graphite Will Do

Graphite is one of the most in demand technology metals that is required for a green and sustainable world. Demand is only set to increase as the need for lithium ion batteries grows, fueled by the popularity of electric vehicles. However, not all graphite is created equal. The price of natural graphite has more than doubled since 2013 as companies look to maintain environmental standards which the use of synthetic graphite cannot provide due to its pollutant manufacturing process. Synthetic graphite is also very expensive to produce, deriving from petroleum and costing up to ten times as much as natural graphite. Therefore manufacturers are interested in increasing the proportion of natural graphite in their products in order to lower their costs.

High-grade large flake graphite is the solution to the environmental issues these companies are facing. But there is only so much supply to go around. Recent news by Graphite Energy Corp. on February 26th [2018] showed promising exploratory results. The announcement of the commencement of drilling is a positive step forward to meeting this increased demand.

Everything from batteries to solar panels need to be made with this natural high-grade flake graphite because what is the point of powering your home with the sun or charging your car if the products themselves do more harm than good to the environment when produced. However, supply consistency remains an issue since mines have different raw material impurities which vary from mine to mine. Certain types of battery technology already require graphite to be almost 100% pure. It is very possible that the purity requirements will increase in the future.

Natural graphite is also the basis of graphene, the uses of which seem limited only by scientists’ imaginations, given the host of new applications announced daily. In a recent study by ResearchSEA, a team from the Ocean University of China and Yunnan Normal University developed a highly efficient dye-sensitized solar cell using a graphene layer. This thin layer of graphene will allow solar panels to generate electricity when it rains.

Graphite Energy Is Keeping It Green

Whether it’s the graphite for the solar panels that will power the homes of tomorrow, or the lithium ion batteries that will fuel the latest cars, these advancements need to made in an environmentally conscious way. Mining companies like Graphite Energy Corp. specialize in the production of environmentally friendly graphite. The company will be producing its supply of natural graphite with the lowest environmental footprint possible.

From Saltwater To Clean Water Using Graphite

The world’s freshwater supply is at risk of running out. In order to mitigate this global disaster, worldwide spending on desalination technology was an estimated $16.6 billion in 2016. Due to the recent intense droughts in California, the state has accelerated the construction of desalination plants. However, the operating costs and the impact on the environment due to energy requirements for the process, is hindering any real progress in the space, until now.

Jeffrey Grossman, a professor at MIT’s [Massachusetts Institute of Technology, United States] Department of Materials Science and Engineering (DMSE), has been looking into whether graphite/graphene might reduce the cost of desalination.

“A billion people around the world lack regular access to clean water, and that’s expected to more than double in the next 25 years,” Grossman says. “Desalinated water costs five to 10 times more than regular municipal water, yet we’re not investing nearly enough money into research. If we don’t have clean energy we’re in serious trouble, but if we don’t have water we die.”

Grossman’s lab has demonstrated strong results showing that new filters made from graphene could greatly improve the energy efficiency of desalination plants while potentially reducing other costs as well.

Graphite/Graphene producers like Graphite Energy Corp. (OTC: GRXXF) (CSE: GRE) are moving quickly to provide the materials necessary to develop this new generation of desalination plants.

Potential Comparables

Cruz Cobalt Corp. (TSX-V: CUZ) (OTC: BKTPF) Cruz Cobalt Corp. is cobalt mining company involved in the identification, acquisition and exploration of mineral properties. The company’s geographical segments include the United States and Canada. They are focused on acquiring and developing high-grade Cobalt projects in politically stable, environmentally responsible and ethical mining jurisdictions, essential for the rapidly growing rechargeable battery and renewable energy.

Nemaska Lithium (TSE: NMX.TO)

Nemaska Lithium is lithium mining company. The company is a supplier of lithium hydroxide and lithium carbonate to the emerging lithium battery market that is largely driven by electric vehicles. Nemaska mining operations are located in the mining friendly jurisdiction of Quebec, Canada. Nemaska Lithium has received a notice of allowance of a main patent application on its proprietary process to produce lithium hydroxide and lithium carbonate.

Lithium Americas Corp. (TSX: LAC.TO)

Lithium Americas is developing one of North America’s largest lithium deposits in northern Nevada. It operates nearly two lithium projects namely Cauchari-Olaroz project which is located in Argentina, and the Lithium Nevada project located in Nevada. The company manufactures specialty organoclay products, derived from clays, for sale to the oil and gas and other sectors.

Teck Resources Limited (NYSE: TECK)

Teck Resources Limited is a Canadian metals and mining company.Teck’s principal products include coal, copper, zinc, with secondary products including lead, silver, gold, molybdenum, germanium, indium and cadmium. Teck’s diverse resources focuses on providing products that are essential to building a better quality of life for people around the globe.

Graphite Mining Today For A Better Tomorrow

Graphite mining will forever be intertwined with the latest advancements in science and technology. Graphite deserves attention for its various use cases in automotive, energy, aerospace and robotics industries. In order for these and other industries to become sustainable and environmentally friendly, a reliance on graphite is necessary. Therefore, this rapidly growing sector has the potential to fuel investor interest in the mining space throughout 2018. The near limitless uses of graphite has the potential to impact every facet of our lives. Companies like Graphite Energy Corp. (OTC: GRXXF); (CSE: GRE) is at the forefront in this technological revolution.

For more information on Graphite Energy Corp. (OTC: GRXXF) (CSE: GRE), please visit streetsignals.com for a free research report.

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Hopefully my insertions of ‘Canada’ and the ‘United States’ help to clarify matters. North America and the United States are not synonyms although they are sometimes used synonymously.

There is another copy of this news release on Wall Street Online (Deutschland), both in English and German.By the way, that was my first clue that there might be some German interest. The second clue was the Graphite Energy Corp. homepage. Unusually for a company with ‘headquarters’ in the Canadian province of British Columbia, there’s an option to read the text in German.

Graphite Energy Corp. seems to be a relatively new player in the ‘rush’ to mine graphite flakes for use in graphene-based applications. One of my first posts about mining for graphite flakes was a July 26, 2011 posting concerning Northern Graphite and their mining operation (Bissett Creek) in Ontario. I don’t write about them often but they are still active if their news releases are to be believed. The latest was issued February 28, 2018 and offers “financial metrics for the Preliminary Economic Assessment (the “PEA”) on the Company’s 100% owned Bissett Creek graphite project.”

The other graphite mining company mentioned here is Lomiko Metals. The latest posting here about Lomiko is a December 23, 2015 piece regarding an analysis and stock price recommendation by a company known as SeeThruEquity. Like Graphite Energy Corp., Lomiko’s mines are located in Québec and their business headquarters in British Columbia. Lomiko has a March 16, 2018 news release announcing its reinstatement for trading on the TSX (Toronto Stock Exchange),

(Vancouver, B.C.) Lomiko Metals Inc. (“Lomiko”) (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) announces it has been successful in its reinstatement application with the TSX Venture Exchange and trading will begin at the opening on Tuesday, March 20, 2018.

Getting back to the flakes, here’s more about Graphite Energy Corp.’s mine (from the About Lac Aux Bouleaux webpage),

Lac Aux Bouleaux

The Lac Aux Bouleaux Property is comprised of 14 mineral claims in one contiguous block totaling 738.12 hectares land on NTS 31J05, near the town of Mont-Laurier in southern Québec. Lac Aux Bouleaux “LAB” is a world class graphite property that borders the only producing graphite in North America [Note: There are three countries in North America, Canada, the United States, and Mexico. Québec is in Canada.]. On the property we have a full production facility already built which includes an open pit mine, processing facility, tailings pond, power and easy access to roads.

High Purity Levels

An important asset of LAB is its metallurgy. The property contains a high proportion of large and jumbo flakes from which a high purity concentrate was proven to be produced across all flakes by a simple flotation process. The concentrate can then be further purified using the province’s green and affordable hydro-electricity to be used in lithium-ion batteries.

The geological work performed in order to verify the existing data consisted of visiting approachable graphite outcrops, historical exploration and development work on the property. Large flake graphite showings located on the property were confirmed with flake size in the range of 0.5 to 2 millimeters, typically present in shear zones at the contact of gneisses and marbles where the graphite content usually ranges from 2% to 20%. The results of the property are outstanding showing to have jumbo flake natural graphite.

An onsite mill structure, a tailing dam facility, and a historical open mining pit is already present and constructed on the property. The property is ready to be put into production based on the existing infrastructure already built. The company would hope to be able to ship by rail its mined graphite directly to Teslas Gigafactory being built in Nevada [United States] which will produce 35GWh of batteries annually by 2020.

Adjacent Properties

The property is located in a very active graphite exploration and production area, adjacent to the south of TIMCAL’s Lac des Iles graphite mine in Quebec which is a world class deposit producing 25,000 tonnes of graphite annually. There are several graphite showings and past producing mines in its vicinity, including a historic deposit located on the property.

The open pit mine in operation since 1989 with an onsite plant ranked 5th in the world production of graphite. The mine is operated by TIMCAL Graphite & Carbon which is a subsidiary of Imerys S.A., a French multinational company. The mine has an average grade of 7.5% Cg (graphite carbon) and has been producing 50 different graphite products for various graphite end users around the globe.

Canadians! We have great flakes!

Good (graphite) flake from La Loutre?

Lomiko Metals issued a Feb. 9, 2016 news release (also received via email) about the latest graphite flake tests of its La Loutre property as it moves one step closer to acquiring 80% of the property,

Lomiko Metals Inc. (LMR.V) (LMRMF) (FSE:DH8B) and Canada Strategic Metals Inc. (CJC.V) (FSE:YXEN) (OTC Pink: CJCFF) (“Canada Strategic Metals”) are pleased to announce a Resource for the La Loutre Flake Graphite Property of 18.4 M Tonnes of 3.19% Indicated and 16.7 M Tonnes at 3.75% Flake Graphite Inferred with a cut-off of 1.5%.

The sensitivity table also features 4.1 M Tonnes of 6.5% Indicated and 6.2 M Tonnes at 6.1% Flake Graphite Inferred with a cut-off of 3%. The Resource is calculated on the Graphene-Battery Zone only and does not include recent high grade intercepts of 28.5 metres of 16.53% Cg and 21.5 metres of 11.53% Cg reported January 6, 2016 and 9% over 90.75 metres reported September 24th, 2015 from the Refractory Zone.

The La Loutre property consists of contiguous claim blocks totalling approximately 2,867.29 hectares (28.67 km2) situated approximately 53 km east of Imerys Carbon and Graphite, formerly known as the Timcal Graphite Mine, North America’s only operating graphite mine, and 117 km northwest of the International Port of Montreal, key to shipping to North America and Europe. Lomiko is currently completing an option to acquire 80% of the property which requires $665,000 more in work and issuing of 1.5 Million shares to be issue February 15th, 2016. [emphasis mine]

“The La Loutre Property is located close to the Imerys Carbon and Graphite Mine and benefits from similar infrastructure advantages and similar flake graphite grade, deposit size and near surface mineralization amenable to low cost, small footprint extraction. All of these elements make this an excellent candidate for a positive PEA”, stated A. Paul Gill, CEO, Lomiko Metals Inc., “Lomiko is proceeding with the PEA immediately.”

“We are very pleased with the results from the first resource estimate performed on the La Loutre property. The results from this resource estimate clearly demonstrate the strong potential for future development on the property, particularly with all the infrastructure around the project and the proximity with the Imerys Carbon mine. With 20% carry interest in the project, we hope to be able to leverage our interest to develop our others assets.”, stated Jean-Sébastien Lavallée, President &CEO, Canada Strategic Metals, “We are very excited by the decision to move the project forward to PEA level in the coming months.”

The La Loutre Resource is constrained within a drilled area of approximately 900 m along the N150 degrees striking trend of the graphitic paragneiss, 250 m across the strike and 225 m below surface. Geological interpretation and estimation were based on 62 NQ drill holes (totaling 8,193.3 m) drilled by Lomiko and Canada Strategic Metals in 2014 and 2015.

InnovExplo performed the geological interpretation and correlated the mineralized zones on vertical sections spaced 50 metres apart. The mineralized-zone model was constructed to outline zones of continuous mineralization along an average trend of N150 degrees and an average dip of 45 degrees. A minimum width of 4.0 meters (true width) was respected for the interpretation model. InnovExplo constructed a mineralized-zone wireframe model delimiting the geologically defined extent of all mineralized zones. The 2016 Mineral resource Estimate includes 18 graphite-bearing zones grouping elevated graphite mineralization (assays > 4% Cg), 4 graphite-bearing zones containing low graphite grade (assays

The mineral resource was estimated using 3-D block modeling (block size = 5 m x 5 m x 5 m), with the grades of the blocks calculated using the inverse distance squared (ID2) interpolation method for a 1000-metre strike length corridor of the La Loutre deposit, down to a vertical depth of 180 metres below surface.

The resources are constrained in a Pit shell of 1,100 m by 350 m by 100 m maximal depth.

The Independent and Qualified Persons for the Mineral Resource Estimate, as defined by NI 43-101, are Bruno Turcotte, M.Sc., P.Geo., and Guilhem Servelle, M.Sc., P.Geo, both of InnovExplo under the supervision of Vincent Jourdain, Ph.D., Eng., Technical Director of InnovExplo Inc.

The effective date of the estimate is January 15, 2016.

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

Pit constrained results are presented undiluted within a Whittle-optimized pit shell, designed with a 30-m buffer around lakes.

The estimate includes 18 graphite-bearing zones grouping elevated carbon graphite grade (assays > 4% Cg), 4 graphite-bearing zones containing low carbon graphite grade (assays

Pit constrained resources were compiled at cut-off grades of 0.5, 0.6, 0.8, 1.0, 1.5, 2.0, 2.5 and 3.0 % Cg. The official Pit constrained resource is reported at a cut-off grade of 1.5 % Cg.

Cut-off grades must be re-evaluated in light of prevailing market conditions (graphite price, exchange rate and mining cost).

Density (g/cm3) data used is on a per zone basis varying from 2.70 to 2.85 g/cm3.

A minimum true thickness of 4.0 m was applied, using the grade of the adjacent material when assayed, or a value of zero when not assayed.

Based on a study of the effect of high-grade values on the mean and standard deviations, as well as on log-normal histograms and probability plots, no raw assay was capped within the mineralized zones.

Compositing was done on drill hole sections falling within the mineralized zones (composite = 1.5 m).

Resources were estimated using GEOVIA GEMS 6.7 software from surface drill holes, using inverse distance squared (ID2) interpolation method in a block model (block size = 5 m x 5 m x 5 m).

By default, interpolated blocks were assigned to the Inferred category.

The reclassification to an Indicated category is defined in areas of spatial continuity in terms of information density visually observed and supported by the maximum distance to drill hole composites less than 30 m.

Calculations used metric units (metres, tonnes and %).

The number of metric tonnes was rounded to the nearest hundred. Any discrepancies in the totals are due to rounding effects; rounding followed the recommendations in NI 43-101.

InnovExplo is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, marketing or other relevant issue that could materially affect the mineral resource estimate.

Whittle parameters used (all amounts in Canadian dollars): Reference Mining cost=$3.75, milling cost=$9.40/t, G&A=$2.11/t, graphite price=$1,910/t, milling recovery=95%, wall slopes of 45 degrees in rock and 18 degrees in overburden.

QUALIFIED PERSONS

Jean-Sébastien Lavallée (OGQ #773), P. Geo, shareholder of both companies, President & CEO of Canada Strategic Metals and is Qualified Person as defined by National Instrument 43-101. Mr. Lavallée drafted, reviewed and approved the technical and scientific content of this press release, except for the content relating to the resource estimate.

This press release has been reviewed and approved by Bruno Turcotte, P. Geo, Guilhem Servelle, P. Geo., and Vincent Jourdain, Eng., who are qualified persons within the meaning of the National Instrument 43-101 guidelines.

The resource estimate was prepared under the supervision of Vincent Jourdain, an InnovExplo geoscientist and consulting engineer. Mr. Jourdain, an independent qualified person within the meaning of National Instrument 43-101, has reviewed and approved the technical content of this press release as it relates to the resource estimate.

For more information on Lomiko Metals, review the website at www.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.

Here’s an image included with the news release,

Magnified graphite flake

Magnified graphite flake

As I don’t understand the analysis of the flake quality, this news release has little meaning for me (so this is not an endorsement) but I do note that Lomiko Metals does seem intent on developing the La Loutre property. Also, I am wondering about their Quatre Milles property (also graphite flakes) and with the company’s plans to enter the the 3D graphene printing market.

You can find out more about Canada Strategic Metals here and Innov Explo here.

SeeThruEquity sees through Lomiko Metals

The headline is a play on words. Lomiko Metals is in the graphene business (it owns graphite mines which can be turned into graphene and has part ownership of a number graphene-related businesses) and the material, graphene, could lead the way to transparent electronics. When you add an equity firm known as SeeThruEquity issuing a news release about Lomiko, well, the headline wrote itself.

A Dec. 14, 2015 SeeThruEquity news release on Yahoo Finance shares (pun!) the latest doings at Lomiko along with a stock price recommendation (Note: Links have been removed),

SeeThruEquity, a leading New York City based independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update note on Lomiko Metals, Inc. (TSXV: LMR.V, OTCQX: LMRMF).

The note is available here: LMR December 2015 Update. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.

Based in Vancouver, BC, Lomiko Metals, Inc. (TSXV: LMR.V. OTCQX: LMRMF, “Lomiko”) is an exploration-stage company engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy, specifically graphite. In addition to developing high quality graphite plays, including the La Loutre Crystalline Flake Graphite Property and the Quatre Milles Graphite Properties in Quebec, Lomiko is pursuing synergistic growth opportunities in the technology and new energy markets, which leverage its position in the manufacturing graphene, a graphite derivative up to 200x stronger than structural steel that also possesses very high thermal and electrical conductivity properties. These opportunities include the 3D printing, lithium ion battery, LED drivers and power conversion products.

Promising results from infill drilling at La Loutre

As part of a drilling campaign leading to a 43-101 resource estimate, Lomiko intersected 21.55 meters of 11.58%, 57.95 meters of 3.36% including 6.10 meters of 13.66% and 28.75 meters at 4.44% flake graphite at the La Loutre. On December 4, 2015, Lomiko announced that they had intersected 37.40 meters of 4.41% including 10.25 meters of 5.62%, and 48.05 meters of 3.12% including 8.90 meters of 6.13% flake graphite at their 2,867.29 hectare La Loutre Crystalline Flake Graphite Property. A Drill Map is available on the Lomiko web site under quicklinks.

Lomiko management indicated that the results showed “excellent” data including near-surface, high grade flake graphite, helping further define the play’s potential. Lomiko acquired a 40% interest in this promising crystalline flake graphite play in September 2014, and has acquired another 40% interest since we initiated coverage on the company. As we indicated in our initiation of Lomiko, there are several long-term demand catalysts for high grade graphite, including from the lithium ion battery industry, automotive demand from projects similar to the Tesla Gigafactory — which promises to have 35GWh/year of production, as well as potential new applications of graphite derivative graphene, among others.

Launch of Spider Charger(TM) moving towards collaboration

Lomiko’s wholly owned subsidiary, Lomiko Technologies, appears to be nearing commercialization for its innovative new Spider Charger, which has been developed by the company as a result of technology acquired through Lomiko’s December 2014 licensing agreement with Megahertz Power Systems Ltd. The Spider Charger(TM) is an in-wall USB charging device that employs a sleek design while improving energy efficiency for customers and allowing up to eight electronic devices (two standard, 6 via USB ports) to charge safely at one time. Lomiko completed a prototype for the Spider Charger(TM) in November and has manufactured 250 units for use for demonstration with new potential commercial customers. There is clearly a large market potential for the Spider Charger(TM), which has applications for residential and commercial builders, airlines, schools, and businesses with clientele seeking charging stations for their portable electronic devices – such as coffee houses. Lomiko recently initiated a Kickstarter campaign to fund safety and green certifications for commercial use.

Maintain price target of C$0.19

We are maintaining our price target of C$0.19 for Lomiko Metals at this time. We see the company as an intriguing, speculative investment in the graphite and graphene markets.

Please review important disclosures at www.seethruequity.com.

About Lomiko Metals, Inc.

Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy. Its mineral properties include the La Loutre, Lac Des Iles, Quatre Milles Graphite Properties and the Vines Lake property which all have had major mineral discoveries.

Lomiko also has a 100% interest in its wholly owned subsidiary Lomiko Technologies Inc., an investor in graphene technology and manufacturer of electronic products.

For more information, visit www.lomiko.com.

About Lomiko Technologies Inc.

Lomiko Technologies was established in April, 2014 and currently holds 4.4 million shares of Graphene 3D Lab (www.Graphene3DLab.com), 40% Of Graphene Energy Storage Devices (www.Graphene-ESD.com), and a license for the manufacture and sale of three products from Megahertz.

Lomiko Technology owns 4.4 million shares of Graphene 3D Lab (TSXV: GGG, OTCQB: GPHBF ), 40% of Graphene ESD Corp and has licenses to produce three electronic products.

About SeeThruEquity

SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. The company does not conduct any investment banking or commission based business. SeeThruEquity is approved to contribute its research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks, and distribute its research to its database of opt-in investors. The company also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.

For more information visit www.seethruequity.com.

Please note, I’m not endorsing either the analysis or Lomiko Metals. That said, Lomiko Metals has made some interesting moves in attempts to develop applications for graphene. It’s all very well to have deposits of graphite flakes that can be turned into graphene but if there’s no market for graphene (applications for it) then who cares about the deposits? So, good on Lomiko for its development efforts.

One final comment, for those who do not know, graphene is the focus of much international interest in a race to find applications that utilize it. For example, the European Union has a 1B Euro research fund (the Graphene Flagship) being disbursed over a 10 year period.

Canada and some graphene scene tidbits

For a long time It seemed as if every country in the world, except Canada, had some some sort of graphene event. According to a July 16, 2015 news item on Nanotechnology Now, Canada has now stepped up, albeit, in a peculiarly Canadian fashion. First the news,

Mid October [Oct. 14 -16, 2015], the Graphene & 2D Materials Canada 2015 International Conference & Exhibition (www.graphenecanada2015.com) will take place in Montreal (Canada).

I found a July 16, 2015 news release (PDF) announcing the Canadian event on the lead organizer’s (Phantoms Foundation located in Spain) website,

On the second day of the event (15th October, 2015), an Industrial Forum will bring together top industry leaders to discuss recent advances in technology developments and business opportunities in graphene commercialization.
At this stage, the event unveils 38 keynote & invited speakers. On the Industrial Forum 19 of them will present the latest in terms of Energy, Applications, Production and Worldwide Initiatives & Priorities.

Plenary:
Gary Economo (Grafoid Inc., Canada)
Khasha Ghaffarzadeh (IDTechEx, UK)
Shu-Jen Han (IBM T.J. Watson Research Center, USA)
Bor Z. Jang (Angstron Materials, USA)
Seongjun Park (Samsung Advanced Institute of Technology (SAIT), Korea)
Chun-Yun Sung (Lockheed Martin, USA)

Parallel Sessions:
Gordon Chiu (Grafoid Inc., Canada)
Jesus de la Fuente (Graphenea, Spain)
Mark Gallerneault (ALCERECO Inc., Canada)
Ray Gibbs (Haydale Graphene Industries, UK)
Masataka Hasegawa (AIST, Japan)
Byung Hee Hong (SNU & Graphene Square, Korea)
Tony Ling (Jestico + Whiles, UK)
Carla Miner (SDTC, Canada)
Gregory Pognon (THALES Research & Technology, France)
Elena Polyakova (Graphene Laboratories Inc, USA)
Federico Rosei (INRS–EMT, Université du Québec, Canada)
Aiping Yu (University of Waterloo, Canada)
Hua Zhang (MSE-NTU, Singapore)

Apart from the industrial forum, several industry-related activities will be organized:
– Extensive thematic workshops in parallel (Standardization, Materials & Devices Characterization, Bio & Health and Electronic Devices)
– An exhibition carried out with the latest graphene trends (Grafoid, RAYMOR NanoIntegris, Nanomagnetics Instruments, ICEX and Xerox Research Centre of Canada (XRCC) already confirmed)
– B2B meetings to foster technical cooperation in the field of Graphene

It’s still possible to contribute to the event with an oral presentation. The call for abstracts is open until July, 20 [2015]. [emphasis mine]

Graphene Canada 2015 is already supported by Canada’s leading graphene applications developer, Grafoid Inc., Tourisme Montréal and Université de Montréal.

This is what makes the event peculiarly Canadian: multiculturalism, anyone? From the news release,

Organisers: Phantoms Foundation www.phantomsnet.net & Grafoid Foundation (lead organizers)

CEMES/CNRS (France) | Grafoid (Canada) | Catalan Institute of Nanoscience and Nanotechnology – ICN2 (Spain) | IIT (Italy) | McGill University, Canada | Texas Instruments (USA) | Université Catholique de Louvain (Belgium) | Université de Montreal, Canada

It’s billed as a ‘Canada Graphene 2015’ and, as I recall, these types of events don’t usually have so many other countries listed as organizers. For example, UK Graphene 2015 would have mostly or all of its organizers (especially the leads) located in the UK.

Getting to the Canadian content, I wrote about Grafoid at length tracking some of its relationships to companies it owns, a business deal with Hydro Québec, and a partnership with the University of Waterloo, and a nonrepayable grant from the Canadian federal government (Sustainable Development Technology Canada [SDTC]) in a Feb. 23, 2015 posting. Do take a look at the post if you’re curious about the heavily interlinked nature of the Canadian graphene scene and take another look at the list of speakers and their agencies (Mark Gallerneault of ALCERECO [partially owned by Grafoid], Carla Miner of SDTC [Grafoid received monies from the Canadian federal department],  Federico Rosei of INRS–EMT, Université du Québec [another Quebec link], Aiping Yu, University of Waterloo [an academic partner to Grafoid]). The Canadian graphene community is a small one so it’s not surprising there are links between the Canadian speakers but it does seem odd that Lomiko Metals is not represented here. Still, new speakers have been announced since the news release (e.g., Frank Koppens of ICFO, Spain, and Vladimir Falko of Lancaster University, UK) so  time remains.

Meanwhile, Lomiko Metals has announced in a July 17, 2015 news item on Azonano that Graphene 3D labs has changed the percentage of its outstanding shares affecting the percentage that Lomiko owns, amid some production and distribution announcements. The bit about launching commercial sales of its graphene filament seems more interesting to me,

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.

So, that’s all I’ve got for Canada’s graphene scene.

Water-soluble 3D filament from Graphene 3D Lab

This is almost a Canadian nanotech story since one of the company’s chief investors is Canadian and the announcement is being made at an event held at Mohawk College in Hamilton, Ontario. From an April 30, 2015 news item on Azonano,

… Graphene 3D Lab Inc. will announce details of a newly-developed water-soluble 3D filament at the Canadian Manufacturers & Exporters’ (CME) Canada Makes: Additive Manufacturing Forum at Mohawk College in Hamilton, Ontario on April 30, 2015. The water-soluble filament is the latest in a line of specialty-functional filaments that Graphene 3D is introducing to the 3D printing industry.

An April 30, 2015 Graphene 3D Lab news release provides more detail,

Elena Polyakova, Chief Operating Officer of Graphene 3D, will present details on the new water-soluble filament and discuss the effect of graphene-enhanced materials for the 3D printing industry.

Water-soluble filaments are primarily used to occupy negative space during a 3D print. These filaments are essentially used to fill gaps designed in objects and allow the print to be suspended over air. Following the completion of the printing process, the object can be placed in water, and the water-soluble material will completely dissolve, leaving empty space.

Daniel Stolyarov, President and Chief Executive Officer, stated, “We are very pleased with performance characteristics that our R&D team designed into this new industry leading filament. This filament is completely environmentally-friendly, non-toxic, dissolves completely in water in approximately 1 hour, and leaves no residual material.” The water-soluble filament will work in most commercially available 3D printers and Graphene 3D expects to have them to market within 3 months. Daniel continues, “This filament reflects the core objectives of Graphene 3D. We are creating products that allow innovative designers to do more with 3D printing and are expanding the possibilities within the 3D printing environment.”

About Graphene 3D
Graphene 3D is in the business of developing, manufacturing and marketing specialty 3D printer materials, including proprietary nanocomposite materials for various types of 3D printing. The Company is also involved in the design, manufacture and marketing of 3D printers and related products for domestic and international customers.

The Graphene 3D research and production facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has four US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.

As for Canadian content (beyond the announcement location), the news item on Azonano notes,

Lomiko Metals 100%-owned subsidiary Lomiko Technologies Inc. has and will continue to hold its 4,396,100 share investment in Graphene 3D Lab for the long term.

Lomiko Metals is located in the Vancouver metro region of Canadian province British Columbia.

Lomiko Metals, Graphene ESD, and supercapacitors

My hats off to Lomiko Metals for its publicity efforts. The company cranks out at least three news releases per month and that’s a lot of work for a small company. The Feb. 23, 2015 news release (also a Feb. 24, 2015 news item on Azonano) announces a newish research relationship and a new position for Lomiko Metal’s Chief Esecutive Officer (CEO), A. Paul Gill,

Lomiko Metals Inc. is pleased to announce Graphene Energy Storage Devices Corp. has signed a research agreement with the Research Foundation of Stony Brook University (SBU). Graphene ESD Corp. will partner with the SBU Center for Advanced Sensor Technologies (Sensor CAT) to develop new supercapacitors designs for energy storage. Lomiko Metals Inc. currently owns a 40% stake in Graphene ESD and Mr. A. Paul Gill, CEO of Lomiko, is now appointed a Director of Graphene ESD.

“This agreement is a significant step in expanding collaboration between industry and academia in the furtherance of our Center’s mission to create high-tech jobs in New York,” stated Peter Shkolnikov, Deputy Director of the Sensor CAT. “Energy storage is a rapidly growing field, with SBU is on the forefront of electrochemical energy storage research”.
Initially, Graphene ESD Corp. will provide $50,000 in cash funding to the SUNY Research Foundation which will host research at its Sensor CAT facilities on SBU campus in Stony Brook, NY.

I last mentioned Graphene ESD (Graphene Energy Storage Devices) in a Dec. 5, 2014 posting  when Lomiko announced it was investing in the venture.

As for Lomiko’s publicity efforts, there’s this intriguing Feb. 1, 2015 news release (Note: Links have been removed),

European Union 5 Billion Euro Graphene Research Fund Goliath Moves to Commercialization Efforts While Lomiko Efforts Start to Bear Fruit

Lomiko (“Lomiko”) (TSX-V:LMR, OTC:LMRMF, FSE:DH8B) is raising the alarm regarding Canada’s lacklustre efforts to capitalize on new manufacturing and nanotechnology opportunities while concentrating on the oil industry.

“In twenty years the effect of graphene and 3D printing on society will be amazing, very much like the impact of plastics in the sixties and computers in the eighties. I hope that Canadian finance and government institutions recognize the opportunity for Canada to establish a competitive advantage,” stated A. Paul Gill, CEO. “The EU has put 5 Billion euros into graphene research while most Canadians don’t even know about this Nobel-prize winning material.”

Mr. Gill was recently interview by Business Television regarding Lomiko’s efforts in the field. View the 90 second video clip by clicking here.

Lomiko has been working for two years on graphene commercialization efforts. Partnered with Graphene Labs, Lomiko has launched two ventures in the graphene field. On January 5, 2015 Lomiko announced a summary of its activity in 2014 and 2015 plans to spin-off two new technology companies after the successful launch of Graphene 3D Lab, a company foc used on developing 3D Printing hardware and materials. Lomiko continues to hold 4,396,916 shares or 10.43% of Graphene 3D Lab, 40% of newly formed Graphene Energy Storage Devices (Graphene ESD) and 100% of Lomiko Technologies Inc.

While mention of the European Union’s Graphene Flagship (funding of 1B Euros over 10 years) in contrast with the Canadian scene’s lack of major initiatives in this area seems unexceptionable, it’s a bit unusual to make so much fuss of a funding entity with which you have no relationship (from the Feb. 1, 2015 news release; Note: Links have been removed),

EU FUND – Graphene Flagship

The Graphene Flagship’s overriding goal is to take graphene, related layered materials and hybrid systems from a state of raw potential to a point where they can revolutionize multiple industries. This may bring a new dimension to future technology and put Europe at the heart of the process, with a manifold return on the investment as technological innovation, economic exploitation and societal benefits.

This requires the focus of the Flagship to evolve over the years, placing more resources in areas where this transition is more likely. To accomplish this the Graphene Flagship is looking for new industrial partners that bring in specific industrial and technology transfer competences or capabilities that complement the present consortium. Regarding what nations are eligible to apply, the European Commission (EC) rules are found here.

The selected new partners will be incorporated in the scientific and technological work packages of the core project under the Horizon 2020 phase of the Flagship that is presently being planned and that will run during 1 April 2016 – 31 March 2018.

While Gill’s point is well taken, lately there seems to be more action than usual on the Canadian graphene scene.

Investment in graphene (Grafoid), the Canadian government, and a 2015 federal election (Feb. 23, 2015)

NanoXplore: graphene and graphite in Québec (Canada) (Feb. 20, 2015)

For anyone who’d like to peruse Lomiko Metals’ news releases, go here.

NanoXplore: graphene and graphite in Québec (Canada)

For the second time this week I’m going to be mentioning the province of Québec (Canada) in relation to its ‘nanotechnology’ businesses (see: Cellulose nanocrystals (CNC), also known as nanocrystalline cellulose (NCC), and toxicity; some Celluforce news; anti-petroleum extremists posted on Feb. 19, 2015). A Feb. 20, 2015 news item on Azonano announces a graphene production facility in the Montréal area,

Group NanoXplore Inc., a Montreal-based company specialising in the production and application of graphene and its derivative materials, announced today that its graphene production facility is in full operation with a capacity of 3 metric tonnes per year. This is the largest graphene production capacity in Canada and, outside of China, one of the 5 largest in the world.

A Feb. 19, 2015 NanoXplore news release on MarketWire, which originated the news item, provides a bit more detail in amidst the promotional hype,

NanoXplore’s production process is unique and the core of the company’s competitive advantage. The proprietary process gently and efficiently creates pristine graphene from natural flake graphite without creating the crystalline defects that can limit performance. The process also functionalises the graphene material during production making subsequent mixing with a broad range of industrial materials simple and efficient. NanoXplore’s facility is routinely producing several standard grades of graphene as well as derivative products such as a unique graphite-graphene composite suitable for anodes in Li-ion batteries. [emphasis mine]

Another graphite connection in Québec

Interestingly, back in 2012 Hydro-Québec signed a deal with another Québec-based company, Focus Graphite (which owns a graphite deposit in the northeastern part of the province) to explore ways to produce more efficient lithium-ion batteries (my Nov 27, 2012 posting).

Getting back to the news release, it also provides a summary description of NanoXplore,

NanoXplore is a privately held advanced materials company focused on the large-scale production of high quality graphene and the integration of graphene into real world industrial products. NanoXplore achieves significant improvements in performance for its customers with very low levels of graphene because its material is of high quality (few defects, highly dispersible), because the production process can easily tune the dimensions of the graphene platelets, and because NanoXplore has specific expertise in dispersing graphene in a broad range of industrial materials. NanoXplore partners with its customers to integrate graphene into their products and processes, providing them with innovative products and a strong competitive advantage.

Graphite mines

NanoXplore, too, has some sort of relationship with a graphite mine or, in this case mining company, Mason Graphite (from the NanoXplore website’s Investors’ page),

FROM MINE TO PRODUCT

Partnered with Canadian mining company Mason Graphite, NanoXplore has access to lower quartile graphite/graphene production costs as well as a stable, long term, large flake source of raw material. Local government bodies have embraced the graphite-graphene cluster. With production and R&D centrally located in Montreal, NanoXplore offers world class innovation and true intellectual property safety for its formulation partners.

By the way, Benoit Gascon, NanoXplore’s board chair (scroll down to the bottom  of the team list) is also Mason Graphite’s Chief Executive Officer (CEO). The company has recently announced a detailed study on large-scale production of value-added graphite products (from a Feb. 11, 2015 Mason Graphite news release),

Mason Graphite Inc. (“Mason Graphite” or the “Company”) (TSX VENTURE:LLG)(OTCQX:MGPHF) announces that it has initiated a detailed study for large scale processing of value-added graphite products.

Value-added processing includes micronization, additional purification, spheronization and coating, resulting in graphite products that are suitable for a wide range of electrochemical applications (including alkaline batteries, lithium-ion batteries and fuel cells), technical applications (including carbon brushes, brake linings, plastics and lubricants), and other specialized uses.

The development and validation of the fabrication processes for these graphite products will be carried out by the National Research Council of Canada (“NRC”) along with Hatch, and is expected to conclude by the end of 2015. Following initial scoping work, equipment trials and product testing, the Company intends to provide preliminary results and an updated work program by mid-2015.

The NRC is the Government of Canada’s premier research and technology organization. Hatch is an engineering firm located in Montreal which is already working closely with Mason Graphite on the development of the Lac Gueret Graphite Project.

Other parts of Canada and the graphite/graphene enterprise

NanoXplore and Focus Graphite are not the only companies with connections to a graphite mine in Québec. There’s also Vancouver (Canada)-based Lomiko Metals (mentioned here in an April 17, 2013 posting [for the first time]. A. Paul Gill, Lomiko’s CEO, seems to be pursuing a similar business strategy in that Lomiko, too, has a number of business alliances, e.g., the mine, a research and development laboratory, etc. Moving out of Québec, there is also a graphite mine in Ontario owned by Northern Graphite (my Feb. 6, 2012 posting). It seems Canadians in eastern Canada have a valuable resource in graphite flakes.

Canadian nano: Lomiko Metals and its graphene supercapacitor project and NanoTech Security at a TEDx in Vancouver (Canada)

As best I can determine Lomiko Metals is involved in a graphene-based supercapacitor project with at least two interlocking pieces. Piece one is described in an Oct. 28, 2014 news item on Azonano,

Lomiko Metals Inc. and its 100% owned subsidiary Lomiko Technologies Inc. are pleased to announce an agreement to license from Megahertz Power Systems Ltd. rights to manufacture and sell three (3) power converter system designs, acquire a pending supply contract with a Canadian LED system integrator and support the research and development of new products.

“The Power Converter Market is a multi-billion dollar market. With the increasing demand for energy-efficient electronic devices, the advent of re-chargeable batteries and the new market for quick-charge supercapacitors, Lomiko has the opportunity to move into a growing market with a profitable business model.”, stated A. Paul Gill, CEO. [emphasis mine]

Lomiko will establish cash-flow under the current Customer Contract within six months which is based on proven and in-demand devices designed by MegaHertz. The creation of an e-commerce site in three to four (3-4) months will increase the customer base for the Licensed Power Systems over the estimated five (5) year product cycle. In the long term, Lomiko and MegaHertz will work on innovative new designs that power products using graphite and graphene based devices to dramatically raise operating efficiencies and help reduce the energy waste for the Electronic equipment, Energy Storage and Automotive Industries worldwide. [emphasis mine]

You can read more about the details in the Azonano news item or in the Lomiko Metals Oct. 27, 2014 news release.

As for piece two, Lomiko Metals has announced a supecapacitor project which would seem to align with the objectives mentioned in the October 2014 MegaHertz deal “… Lomiko and MegaHertz will work on innovative new designs that power products using graphite and graphene based devices to dramatically raise operating efficiencies and help reduce the energy waste … .” From a Dec. 4, 2014 news item on Azonano,

Lomiko Metals Inc. is very pleased to announce it has signed an agreement to invest in a new graphene-related venture, Graphene Energy Storage Devices (Graphene ESD Corp.), a U.S. Corporation.

On December 4, 2013, Lomiko reported on a successful conclusion to Phase I of its Graphene Supercapacitor Project which involved Graphene Laboratories Inc. and Stony Brook University. Graphene ESD Corp. has been formed to commercialize the technology and bring the graphene-based energy storage devices to market.

Supercapacitors bridge the gap between conventional capacitors and rechargeable batteries. They store the most energy per unit volume or mass (energy density) among capacitors. Supercapacitors power density is generally 10 to 100 times greater than normal capacitors or batteries. This results in much shorter charge/discharge cycles than batteries. Additionally, they will tolerate many more charge and discharge cycles than batteries. Incorporation of graphene material in supercapacitor electrodes may further improve energy and power density of the device. Graphene ESD Corp. will develop low-cost graphene-based supercapacitor devices that will be capable of even higher discharge currents. The development will focus on large-scale devices that are projected to have the lowest cost of power and stored energy in its class.

“As reported December 4, 2013, the Phase I Graphene Supercapacitor project yielded encouraging results. Graphene ESD Corp. will build on the success of this project and will be developing a graphene-based supercapacitor. [emphasis mine] The device is designed as a versatile energy storage solution for electronics, electric vehicles and electric grid.” stated A. Paul Gill, CEO of Lomiko Metals Inc. [emphasis mine] Graphene is finding new application in sensors, electronics, and advanced materials. Energy storage is a rapidly developing field which can benefit from the outstanding properties of graphene. We believe that graphene-based devices will deliver the best value for multiple energy storage applications.”

You can find more details both in the Azonano news item and in the Lomiko Metals Dec. 3, 2014 news release.

The second half of this post’s headline concerns a talk by Clint Landrock, Executive Vice President of Products for NanoTech Security Corp. and more, at the Renfrew-Collingwood (a neighbourhood in Vancouver, Canada) TEDx. From an Oct. 29, 2014 news item on Azonano,

Nanotech Security Corp. today announced that Vice President Clint Landrock presented at TEDxRenfrewCollingwood. The independently organized TED event was held on October 24, 2014.

The day-long event brought together more than 400 creators, catalysis, designers and thinkers from the Vancouver area to share ideas around the theme “Rock, Paper, Scissors.” Landrock presented on the influence of nature on innovation in technology, using Nanotech’s story as one example of what can be achieved when companies turn to nature as a source of inspiration. …

Landrock’s talk (a little over 11 mins. running time) has now been posted on YouTube or you can find it here. The organizers have posted this description of Landrock,

Clint serves as the Executive Vice President of Products for NanoTech Security Corp., and is a co-founder of IDME Technologies Corp.  He is an expert in the study of nano-optics and biomimicry. Clint currently holds several patents and over a dozen peer-reviewed publications in the field. He completed his bachelor degree in aerospace engineering at Ryerson Polytechnic University in Toronto, and his Masters of Applied Sciences at Simon Fraser University. Clint’s interests include commercial applications of nanotechnology and smart polymers, biomimicry, alpine and rock climbing and generally being outside.

I haven’t watched the talk in its entirety but he starts with the wonder and the dark side of technology. As his company, NanoTech Security, is a spin-off from Simon Fraser University and the technology is based on the nanostructures found on the Blue Morpho butterfly’s wing, I imagine the rest of his talk consists of biomimcry and ways of imitating nature as a means of dealing with the damaging aspects resulting from some of our current technologies.

Canadian nanobusiness news bitlets: NanoStruck and Lomiko Metals

The two items or ‘news bitlets’ about Canadian nano business don’t amount to much; one concerns a letter of intent and the other, an offer of warrants (like stock options) which likely expired today (March 13, 2014).

It seems NanoStruck Technologies is continuing to make headway in Mexico (as per my Feb. 19, 2014 posting about the company’s LOI and gold mine tailings in Zacatecas state) as the company has signed another letter of intent (LOI), this time, to treat wastewater in the region of Cabo Corrientes. From a March 11, 2014 news item on Azonano,

NanoStruck Technologies Inc. (the “Company” or “NanoStruck”) announces the signing of a Letter of Intent (LOI) with the town of El Tuito to use the Company’s NanoPure technology to treat wastewater from the municipality of Cabo Corrientes in Mexico.

The parties are in dialogue for the treatment of household residual water, which contains food, biodegradable matter, kitchen waste and organic materials. The Company’s NanoPure solution uses chemical-free processes and proprietary nano powders that can be customised to remove such contaminants.

The March 10, 2014 NanoStruck Technologies news release (which originated the news item) link on the company website leads to the full text here on heraldonline.com (Note: Links have been removed),

Homero Romero Amaral, President of the Municipality of Cabo Corrientes said: “NanoStruck’s NanoPure technology is a proven solution for the treatment of residual water in an environmentally friendly way. Its low energy consumption means it also maintains a low carbon footprint.”

Bundeep Singh Rangar, Interim CEO and Chairman of the Board said: “We are privileged to be given the opportunity to work with the Cabo Corrientes municipality to create a long-term residual wastewater treatment solution.”

El Tuito is the capital of Cabo Corrientes, a cape on the Pacific coast of the Mexican state of Jalisco. It marks the southernmost point of the Bahía de Banderas (Bay of Flags), where the port and resort city of Puerto Vallarta is situated.

The Municipality and NanoStruck have commenced negotiation of a definitive agreement regarding the use of the NanoPure technology and hope to complete a binding agreement within 90 days.

My next bitlet concerns, Lomiko Metals and its short form prospectus and offering. From the company’s March 7, 2014 news release (also available on MarketWired),

LOMIKO METALS INC. (TSX VENTURE:LMR) (the “Company” or “Lomiko”) is pleased to announce that it has obtained a final receipt for its short form prospectus (the “Prospectus”) in each of the provinces of British Columbia, Alberta and Ontario, which qualifies the distribution (the “Public Offering”) of (i) a minimum of 6,818,182 units (the “Units”) and a maximum of 27,272,727 Units of the Company at a price of $0.11 per Unit, and (ii) a maximum of 7,692,308 flow-through units (the “Flow-Through Units”) of the Company at a price of $0.13 per Flow-Through Unit, for minimum total gross proceeds of $750,000 and maximum total gross proceeds of $4,000,000.

Each Unit consists of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole warrant being a “Unit Warrant”). Each Flow-Through Unit consists of one Common Share to be issued on a “flow-through” basis within the meaning of the Income Tax Act (Canada) (each a “Flow-Through Share”) and one-half of one common share purchase warrant (each whole warrant being a “Flow-Through Unit Warrant”).

Each Unit Warrant will entitle the holder thereof to purchase one common share of the Company (the “Unit Warrant Shares”) at a price of $0.15 per Unit Warrant Share at at any time before the date that is 18 months following the closing date of the Public Offering. Each Flow-Through Unit Warrant will entitle the holder thereof to purchase one common share of the Company (the “Flow-Through Unit Warrant Shares”) at a price of $0.20 per Flow-Through Unit Warrant Share at at any time before the date that is 18 months following the closing date of the Public Offering. The Public Offering will be conducted on a “best effort” agency basis through Secutor Capital Management Corporation (the “Agent”), pursuant to an agency agreement dated March 6, 2014 (the “Agency Agreement”) between the Company and the Agent in respect of the Public Offering.

Pursuant to the Agency Agreement, the Company has also granted an over-allotment option to the Agent, exercisable for a period of 30 days following the closing of the Public Offering, in whole or in part, to purchase additional Units and Flow-Through Units in a maximum number equal to up to 15% of the number of Units and Flow-Through Units respectively sold pursuant to the Public Offering. In connection with the Public Offering, the Company will pay the Agent a cash commission equal to 8% of the gross proceeds of the Public Offering and grant compensation options to the Agent entitling it to purchase that number of common shares of the Company equal to 6% of the aggregate number of Units and Flow-Through Units issued and sold under the Public Offering (including the over-allotment option) for a period of 18 months following the closing date of the Public Offering, at a price of $0.11 per common share.

The Company is also pleased to announce it has received conditional approval from the TSX Venture Exchange for its previously announced concurrent non-brokered offering of up to 15,346,231 flow-through units (the “Private Placement Units”) for additional gross proceeds of $2,000,000 (the “Private Placement”). The securities underlying the Private Placement Units will be issued on the same terms as the securities underlying the Flow-Through Units to be issued under the Public Offering. The Company has agreed to pay to Secutor Capital Management Corporation a finder’s fee of 8% in cash and the issuance of a warrant to purchase the number of common shares of the Company equal to 6%, exercisable at $0.13 per share for 18 months from the date of issuance. The securities to be issued under the Private Placement will be subject to a four-month hold period from the closing date of the Private Placement.

The net proceeds from the Public Offering and the Private Placement will be used by Lomiko primarily in connection with the exploration program on the Quatre-Milles East and West mineral properties (Quebec), for business development and for working capital and general corporate purposes. In particular, the proceeds of the flow-through shares under the Public Offering and the Private Placement will be used by the Company to incur eligible Canadian Exploration Expenses as defined by the Income Tax Act (Canada).

Closing of the Public Offering and of the Private Placement is expected to occur on or about March 13, 2014, or such other date as the Agent and the Company may determine. The TSX Venture Exchange has conditionally approved the listing of the securities to be issued pursuant to the Public Offering and the Private Placement. The Public Offering and the Private Placement are subject to customary conditions and the final approval of the TSX Venture Exchange.

The Units, the Flow-Through Units and the Private Placement Units have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and may not be offered, sold or delivered, directly or indirectly, within the United States, or to or for the account or benefit of U.S. persons unless the Units, the Flow-Through Units and the Private Placement Units are registered under the 1933 Act or pursuant to an applicable exemption from the registration requirements of the 1933 Act. This press release does not constitute an offer to sell, nor it is a solicitation of an offer of securities, nor shall there be any sale of securities in any state of the United States in which such offer, solicitation or sale would be unlawful.

You’re on your own with regard to determining how good an investment this company might be. The company’s March 10, 2014 newsletter does point to two analyses (although, again, you’re on your own as to whether or not these are reputable analysts), The first analyst is Gary Anderson (self-described as a Investor, trader, researcher, and writer- exclusively in 3D Printing Stocks.). He writes this in a Dec. 27, 2013 posting on 3DPrintingStocks.com,

I spend a great deal of time looking for what I believe are legitimate, undiscovered stocks in the 3D printing space because I believe that’s where the major gains will be over a 3-6 month period as they undergo discovery by the broader market.

The little-known penny stock [Lomiko Metals] I’m introducing today has legitimate upside potential for 3D printing investors based on four factors:

  1. The market for their product
  2. Current and potential future value of existing assets
  3. Supply and demand imbalance predicted
  4. Entrance into 3D printing materials market with an established leader

….

3D printing investors looking for a materials supplier as part of their 3D printing portfolio may want to consider Lomiko Metals.  I believe there is limited downside risk at current levels due to the intrinsic value of the company’s hard assets in their Quatre Milles graphite property, and potential for significant share price appreciation due to the four factors discussed above.

Graphene has extraordinary potential as a game-changing material for 3D printing.  Early movers like Lomiko Metals in partnership with Graphene Labs could become the beneficiaries of this amazing material’s potential as it becomes commercialized and utilized in 3D printed components and products that contain revolutionary properties.

Disclosure:    I am long shares of Lomiko Metals.  I received no compensation from Lomiko Metals or any third party for this article.

Lomiko Mines, graphene, 3D printing, and the World Outlook Financial Conference and the launch of an international sustainable mining institute in Vancouver, Canada

I have two items one of which concerns Lomiko Metals and the other, a new institute focused on extraction launched jointly by the University of British Columbia (UBC), Simon Fraser University (SFU) and l’École Polytechnique de Montréal (EPM).

First, there’s a puzzling Jan. 28, 2014 news item on Nanowerk about Lomiko Metals (a company that extracts graphite flakes from the Quatre Milles property in Québec, and its appearance at the 2014 World Outlook Financial Conference being held in Vancouver,

Lomiko Metals Inc. invite [sic] investors to learn about 3d printing at the World Outlook Conference. Lomiko partner Graphene 3D Lab has reached a significant milestone by filing a provisional patent application for the use of graphene-enhanced material, along with other materials, in 3D Printing. 3D printing or additive manufacturing is the process of creating a three-dimensional, solid object from a digital file, of virtually any shape. 3D printing is achieved using an additive process, whereas successive layers of material are laid down and create different shapes.

Unsure as to whether or not Lomiko Metals would be offering demonstrations of 3D printed items containing graphene at the conference, I sent a query to the company’s Chief Executive Officer, A. Paul Gill who kindly replied with this,

The demonstration being done is by the Conference not by Lomiko.  We were going to do something at our booth but we didn’t want to steal any thunder from the WOC or Tinkinerine which is a 3D Printing manufacturer and is going public through a merger with White Bear Resources. (TSX-V: WBR).

The Jan. 27, 2013 [sic] Lomiko Metals news release, which originated the news item, did have this to say about graphene and 3D printing (Note: I live in dread of accidentally writing 2013 when I mean 2014),

Adding graphene to polymers which are conventionally u sed in 3D printing improves the properties of the polymer in many different ways; it improves the polymers mechanical strength as well as its electrical and thermal conductivity. The method described in the provisional patent application allows consumers to use the polymer, infused with graphene, together with conventional polymers in the same printing process, thereby fabricating functional electronic devices using 3D printing.

New developments in 3D printing will allow for the creation of products with different components, such as printed electronic circuits, sensors, or batteries to be manufactured. 3D Printing is a new and promising manufacturing technology that has garnered much interest, growing from uses in prototyping to everyday products. Today, it is a billion dollar industry growing at a brisk pace.

For those eager to find out about investment opportunities in 2014, here’s the World Financial Outlook Conference website. I was surprised they don’t list the conference dates on the homepage (Jan. 31 – Feb. 1,2014) or any details other than the prices for various categories of registration. There is a Speakers page, which lists John Biehler as their 3D printing expert,

John Biehler is a Vancouver based photographer, blogger, gadget geek, mobile phone nerd, teacher, traveler, 3D printer builder/operator, maker & all around curious person.

He co-founded 3D604.org, a club of 3d printing enthusiasts who meet monthly and help share their knowledge of 3d printing at many events. He has spoken at numerous conferences including SXSW Interactive, Northern Voice, BarCamp and many others.

John is a regular contributor to Miss604.com, the DottoTech radio show, the Province newspaper and London Drugs blogs as well as doing a weekly Tech Tuesday segment on News 1130 radio and many other online, print, radio and television outlets. He is currently writing his first book (about 3D printing) that will be published in 2014 by Que.

You can find the conference agenda here. Biehler’s talk “3D Printing: The Future is Now” is scheduled for Saturday, Feb. 1, 2014 at 10:45 am PDT.

Sustainable extraction

A January 29, 2014 University of British Columbia (UBC) news release announced this (Note: Links have been removed),

International sustainable mining institute launched

A new Canadian institute that will help developing countries benefit from their mining resources in environmentally and socially responsible ways was officially launched in Vancouver today.

The Canadian International Institute for Extractive Industries and Development (CIIEID) is a coalition between the University of British Columbia, Simon Fraser University, and École Polytechnique de Montréal (EPM). Institute Interim Executive Director Bern Klein was joined for the launch in Vancouver by UBC’s Vice President Research & International John Hepburn, SFU President Andrew Petter, and EPM CEO Christophe Guy.

“Nations want to develop their mineral, oil and gas resources,” says Klein, also a professor of mining engineering at UBC. “But many lack the regulatory and policy frameworks to make the most of their natural resources, while also considering the needs of affected communities. We want them to have the capacity to use their resources to enhance livelihoods, improve dialogue and mitigate environmental harm.”

In November 2012 the Department of Foreign Affairs, Trade and Development (then CIDA) announced the award of $25 million to a coalition of the three academic institutions to form the Institute. Since then, the Institute has set up operations and is connecting with partner nongovernmental organizations, governments, professional associations, and industry. It is now beginning program development.

Programming will put the Institute and its partners’ knowledge and resources at the service of foreign governments and local communities. Its work will focus on four main areas: applied research, community engagement, education, and governance of natural resources.

For more information about the Institute, visit the website at: http://ciieid.org.

I have searched the CIIEID website to find out how the government or anyone else for that matter determined that Canadians have any advice about or examples of sustainable extraction to offer any other country.  I remain mystified. Perhaps someone reading this blog would care to enlighten me.