LOMIKO METALS INC. 100% owned subsidiary continues to hold a 4,396,970 share stake in Graphene 3D Lab. However, Graphene 3D Lab Inc. announced July 13, 2015 that its outstanding shares will be reduced 7.3% from 44,387,500 to 41,164,955, increasing Lomiko's percentage ownership.
"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," stated A. Paul Gill, CEO.
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.