(via Thenewswire.ca)
August 30, 2016 / TheNewswire -
Graphene 3D Lab Inc. (TSX-V: GGG, OTCQB: GPHBF) (the "Company") is announcing that it has arranged a
non-brokered private placement of up to 3,125,000 units ("Units") at a price of $0.16 per Unit to raise aggregate gross proceeds of
up to $500,000 (the "Offering"). Each Unit will consist of one common share and one non-transferable share purchase warrant
(collectively, the "Warrants"). Each Warrant will be exercisable to acquire one additional common share at $0.25 per share for a
period of two (2) years from the date of closing of the Offering. The Company may pay commissions
by cash and / or warrants in connection with the financing to arm's length finders in accordance with the
policies of the TSX Venture Exchange.
Completion of the Offering is subject to the delivery of definitive subscription agreements and TSX
Venture Exchange's acceptance. All of the securities issued pursuant to this Offering will have a hold period expiring four months
and a day after the closing date. The net proceeds of the Offering will be used for the Company's general working capital
requirements.
About Graphene 3D
Graphene 3D Lab, Inc. is a world leader in the development, manufacturing and marketing of
proprietary composites and coatings based on graphene and other advanced materials. These diverse materials have a wide spectrum of
commercial, research and military applications. The Company's wholly owned subsidiary, Graphene Laboratories Inc., currently offers
over 100 graphene and related products to a client list comprised of more than 10,000 customers worldwide, including nearly every
Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung,
Harvard University, IBM and Stanford University. The Company's suite of products are available online at the company's e-commerce
platform Graphene Supermarket (www.graphene-supermarket.com).
3D printing division of the Company offers a portfolio of specialty fused filament fabrication
filaments. These materials can be purchased through multiple distribution networks worldwide or directly online at
www.blackmagic3D.com.
Graphene 3D also holds a new proprietary technology encompassing the preparation and separation of
atomic layers of graphene. This technological breakthrough represents a new, energy efficient process to manufacture, sort and
classify graphene nanoparticles resulting in the potential for large scale production of high grade graphene at lower costs than
exist in today's marketplace.
The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and
analytical equipment. The company has six US patent applications pending for its technology. For more information on Graphene 3D
Lab Inc., visit www.graphene3dlab.com.
ON BEHALF OF THE BOARD
Daniel Stolyarov,
President & Co-CEO
For more information please contact:
FORWARD LOOKING INFORMATION
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE
EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE.
READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY
OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS
REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Not for distribution to U.S. newswire services or for dissemination in the United States. ANY
FAILURE to comply with this restriction may constitute a violation of U.S. securities laws.
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