31.05.2016 15:02:21
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DGAP-News: Lomiko Metals Inc
DGAP-News: Lomiko Metals Inc. / Key word(s): Miscellaneous
Lomiko Technologies Subsidiary Graphene ESD Succesfully Completes
Supercapacitor Research and Development Project With Stony Brook University
31.05.2016 / 15:02
The issuer is solely responsible for the content of this announcement.
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New York, New York--(Newsfile Corp. - May 31, 2016) - Graphene Energy
Storage Devices Corp. (GESD), 40% owned by Lomiko Technologies, a 100%
owned subsidiary of Lomiko Metals Inc. ('Lomiko') (TSXV: LMR) (OTC: LMRMF)
(FSE: DH8B), is pleased to announce the successful completion of a
development project undertaken jointly with the Research Foundation of
Stony Brook University (SBU). The SBU team lead by Dr. Samuilov explored a
novel method for assembly of high-voltage Supercapacitor units. The SBU
team assembled and tested a 10 V Supercapacitor energy storage unit, thus
proving feasibility of the high-voltage design. This development opens
avenue for new low-cost energy storage products. Currently, GESD is working
on scale-up of the technology and an in-field evaluation of the energy
storage unit. 'Lomiko is developing a group of mineral and technology
development projects that include lithium and graphite exploration, new
battery and supercapacitor development and 3D printing capability.' Stated
A. Paul Gill, Lomiko CEO. [image:
http://orders.newsfilecorp.com/files/1944/20838_lomiko1.jpg] To
view an enhanced version of this image, please visit:
http://orders.newsfilecorp.com/files/1944/20838_lomiko2.jpg
Supercapacitors are promising energy storage devices. Due to their fast
charge-discharge characteristics, low equivalent series resistance, long
cycle life, wide operating temperatures, supercapacitors are finding
application in transportation, industrial and grid energy storage. There is
rapidly growing demand for capacitive energy storage systems with high
power and energy densities. However, individual supercapacitor units have
very low stand-off voltage, < 3 V. In order to increase the operation
voltage to a practical level, > 3 V, the EDLCs are connected in series
stacks. The EDLCs need to be interconnected and balanced with an electronic
circuit, which results in a bulky and expensive energy storage system. The
GESD-SBU team demonstrated design and implementation of a sealed
high-voltage EDLCs energy storage unit. The unit is internally balanced,
there is no need for an external circuit. The electrode is very
cost-effective nano-carbon composite either of a commercial carbon or of
graphene platelets with carbon nanotubes. The nano-carbon electrode
materials were used for deposition and assembly of a working prototype of
an internally balanced high-voltage energy storage unit. The bench-top
prototype unit, tested up to 10 V, exhibited good discharge characteristics
and charge retention. This development enables new compact energy storage
solutions for grid and vehicular applications. As a part of the agreement,
Graphene ESD Corp. provided $50,000 in cash funding to the SUNY Research
Foundation on February 17 2015. The research took place at SBU campus,
Stony Brook, NY. Graphene ESD will provide updates on further plans in the
near future. About Graphene ESD Graphene ESD is developing energy storage
based on graphene platelets. High surface area and outstanding electrical
conductivity of graphene enable devices with a unique combination of fast
charge/discharge and large stored energy. Our devices utilize graphene
platelets manufactured from high-quality natural graphite by a low-cost
scalable process. Graphene ESD is 40% owned by Lomiko Metals Inc. Lomiko
Metals Inc. ('Lomiko') (TSXV: LMR) (OTC: LMRMF) (FSE: DH8B). e-mail: info@
graphene-esd.com For more information on Lomiko Technologies and 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 '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.
Click on, or paste the following link into your web browser, to view the associated documents
http://www.newsfilecorp.com/release/20838
News Source: Newsfile
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31.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: Lomiko Metals Inc. Canada ISIN: CA54163Q1028 End of News DGAP News Service ---------------------------------------------------------------------------
467987 31.05.2016
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