Lomiko Metals Begins Trading on OTCQX®
April 24, 2014 (Source: CNW) — OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Lomiko Metals Inc. (TSX-V: LMR; OTCQX: LMRMF), a Canada-based company, has been approved to trade on OTCQX®,the best marketplace with qualified companies.
Lomiko begins trading today on OTCQX under the symbol “LMRMF.” U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
“We welcome Lomiko to the OTCQX marketplace,” said R. Cromwell Coulson, President and CEO of OTC Markets Group. “Lomiko joins a large number of Canadian companies that have chosen to trade on the OTCQX marketplace to provide their U.S. investors with a superior trading and information experience. We look forward to working with Lomiko’s management team as they increase their engagement with investors in the U.S.”
“Lomiko is at an important stage of its development and growth,” stated A. Paul Gill, CEO of Lomiko. “Flake graphite will be in greater demand in the next decade and new materials and technologies such as graphene and 3D Printing may play a role in magnifying demand for graphite.”
Merriman Capital, Inc. serves as Lomiko’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing professional guidance on OTCQX requirements.
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Lomiko 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 Quatre Milles Graphite Property and the Vines Lake property which have both had recent major discoveries. On February 12, 2013 Lomiko Metals and Graphene Labs signed a Strategic Alliance to develop new businesses in the nanotechnology field. Graphene 3D Laboratories Inc., a spin-out of the arrangement between Lomiko Metals Inc. and Graphene Laboratories Inc., is focused on development of high-performance graphene-enhanced materials for 3D Printing. On January 20, 2014 Graphene 3D Lab announced it reached a significant milestone by filing a provisional patent application for the use of graphene-enhanced material, along with other materials, in 3D Printing (Additive Manufacturing).
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Stage Marketplace; and OTC Pink®, The Open Marketplace. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>