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Graphene 3D Lab Inc. closes private placement

by • July 22, 2016 • No Comments

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Graphene 3D Lab Inc. is elated to announce which it has accomplished the non-brokered private placement of 3,766,600 units at a price of $0.16 per Unit, raising aggregate gross proceeds of $602,656, as previously revealed on July 7, 2016. Each Unit consisted of one common share and one non-transferable share purchase warrant. Each Warrant is exercisable to gain one extra
common share at $0.25 per share until July 11, 2018.

All of the securities issued pursuant to the Offering have a hold period expiring on November 12, 2016. The net proceeds of the Offering can be utilized for the Company’s general working capital requirements.

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About Graphene 3D Lab, Inc.

Graphene 3D Lab, Inc. is a world leader in the development, making and marketing of proprietary composites and coatings based on graphene and other high end materials. These diverse materials have a wide spectrum of commercial, research and military applications. The Company’s wholly owned subsidiary, Graphene Laboratories Inc., already offers over 100 graphene and related products to a client list comprised of additional than 10,000 customers of the world, which include just about each Fortune 500 tech company and significant 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 on the market online at the company’s e-commerce platform Graphene Supermarket.

3D printing division of the Company offers a portfolio of specialty futilized filament fabrication filaments. These materials can be purchased through multiple distribution networks of the world or directly online at www.blackmagic3D.com.

Graphene 3D in addition holds a new proprietary innovation encompassing the preparation and separation of atomic layers of graphene. This technological breakthrough represents a new, energy efficient system to make, sort and classify graphene nanoparticles resulting in the future for sizeable 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 systeming and analytical equipment. The company has six US patent applications pending for its innovation. For additional information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.

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