LOMIKO INVESTMENT PROMETHIEUS TECHNOLOGIES NEARS IPO
26 Fevereiro 2019 - 10:30AM
InvestorsHub NewsWire
#439-7184 120th Street, Surrey, B.C. V3W 0M6
LOMIKO
INVESTMENT PROMETHIEUS TECHNOLOGIES NEARS IPO
Vancouver,
B.C. February 26, 2019 -- Investorshub NewsWire
-- Lomiko
Metals
Inc. ("Lomiko") (TSX-V:
LMR,
OTC: LMRMF, FSE: DH8C) Lomiko Metals Inc. announces
that Promethieus Technologies PLC (UK) has
applied for listing in Europe. At present, Promethieus representatives are meeting
with regulators to finalize the listing. Upon completion of this
process, Promethieus intends to announce additional
news pertaining to financing.
Lomiko
owns 20% of
both Promethieus Technologies Inc. (Canada)
and Promethieus Technologies PLC (UK). The
firms have established banking relationships with both Canadian and
Offshore financial institutions to complete the listing and
associated financial transactions. Further, Promethieus Technologies Inc. (Canada) has
made the first installment of $50,000 to Lomiko Metals of a total of $ 199,500
owed for a start-up loan.
"If you look back
to 1980, 1990 and 2000 you will see the birth of industries such as
computers, the internet and smart phones, respectively. We are
confident that the Electric Vehicle Industry has reached the
tipping point and will be the wealth creation industry for 2020.",
said A. Paul Gill, VP Business Development of Promethieus and CEO of Lomiko Metals.
As announced
December 3, 2018, The company changed its
mandate to focus on Future Tech investments and has reviewed
investment opportunities in electric vehicle infrastructure, clean
energy, the Internet of Things (IoT) as well as clean-tech and
green tech materials related to these technologies.
The importance of
energy materials such as graphene, uranium, vanadium, lithium,
tantalum, gallium, cobalt and graphite to energy production, grid
storage methods and mobile energy storage has already been
identified by power and energy utilities worldwide. In addition,
new opportunities in data storage
and secure transactions are made possible by new software. IoT
products are a massive trend in smart home
automation that
will introduce new smart devices to our homes and offices.
Promethieus
aims to seek and
fund start-ups in these areas.
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
"Jacqueline
Michael"
Director, Chief Financial
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.
Disclaimer/Safe Harbor: This news release contains
forward-looking statements within the meaning of the Securities
Litigation Reform Act. The statements reflect the Company's current
views with respect to future events that involve risks and
uncertainties. Among others, these risks include the expectation
that any of the companies mentioned herein will achieve significant
sales, the failure to meet schedule or performance requirements of
the companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not
occur.
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