TORONTO, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Great Lakes Graphite Inc. (“ GLK ” or the “ Company ”) (TSX-V: GLK ) (OTC PINK:GLKIF) (FWB:8GL) today announces that the Company has executed a product distribution agreement with Graphene Laboratories, a wholly-owned subsidiary of Graphene 3D Lab Inc. (“ GGG ”) (TSX-V: GGG ) (OTCQB:GPHBF), a leading provider of graphene products that enables Graphene Laboratories to offer Great Lakes Graphite’s high purity micronized graphite products in their online store, Graphene Supermarket ( www.graphene-supermarket.com ), effective immediately.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...37df816c1d
Highlights
- Great Lakes Graphite and Graphene Laboratories have executed a Distribution Agreement.
- Graphene Supermarket now offers high quality micronized graphite provided by Great Lakes Graphite.
Great Lakes Graphite and Graphene Laboratories have executed a distribution agreement
The distribution agreement executed by Great Lakes Graphite and Graphene Laboratories serves the interests of both companies. Through this agreement, Graphene Laboratories is now able to expand the number of high quality carbon products available to their customers.
Micronized graphite products are used by customers in a wide variety of industries for a wide variety of applications that include composite materials, electronics, batteries, lubricants, coatings and friction products. Great Lakes Graphite sources Brazilian graphite and further processes and purifies it in the USA. Working with partners to micronize and purify graphite enables Great Lakes to create standard and customized products, to customer specifications. As a result GLK can offer a material with outstanding quality that is consistent from batch to batch.
Micronized Graphite products are available now in Graphene 3D Lab’s online store.
The following Great Lakes Graphite products are available now through the online store:
- Micronized Flake Graphite, 96% carbon content, multiple particle sizes
- High Purity Micronized Flake Graphite, 99%+ carbon content, multiple particle sizes
For more information: https://graphene-supermarket.com/Micronized-Graphite/
Graphene Laboratories’ CEO Elena Polyakova said, “Our Graphene Supermarket are well-established brands that have been built over time with a reputation for quality and innovation. We have sold products to over 15,000 customers in the technology arena. Adding high quality micronized graphite products to our offerings and partnering with Great Lakes Graphite provides multiple long-term benefits and a reliable partner who can supply high-quality graphite materials that were manufactured in the USA.”
GLK CMO Paul Ferguson said, “The Great Lakes Graphite team is working hard to establish itself as a premium global supplier of quality carbon materials. A recently announced purchase order with a large corporation for an initial quantity of 50,000 pounds is an important step in this direction. We continue to look for new markets and customers for advanced carbon materials. We are confident that offering our cutting-edge materials to thousands of customers through Graphene Supermarket will help us greatly expand our reach and provide us with a path for aggressive revenue growth."
About Graphene 3D Lab, Inc.: 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 suite of products is available online at the company's e-commerce platform ( Graphene Supermarket ).
The 3D printing division of the Company offers a portfolio of 3D printable filaments. These materials can be purchased through multiple distribution networks worldwide or directly from the web-store BlackMagic3D .
Adhesive materials produced by the company are distributed under G6-Epoxy TM trade name and can be purchased at G6-Epoxy.com .
The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has eight US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com .
About Great Lakes Graphite: Great Lakes Graphite is a Clean Technology Minerals Processing Company supplying customers with innovative, high quality value-added carbon products.
There is no significant graphite production in North America now. As pricing and demand continue to rise, Great Lakes Graphite is one of the first new domestic suppliers to a growing regional customer base. We continually work to deliver products of the best quality with outstanding customer service.
The Company is party to an agreement for long-term supply of high quality natural graphite concentrate from Brazil. Great Lakes Graphite is presently working with an established US-based processor for toll micronization services. The Company has partnered with Ashland Advanced Materials for commercial-scale purification operations at Ashland’s 110,000 square foot purification facility located in Niagara, New York.
Through our partner relationships, Great Lakes Graphite began selling micronized synthetic graphite beginning in 2016 and now supplies micronized and high purity micronized natural flake graphite products to a growing customer base.
Further information regarding Great Lakes can be found on the Company’s website at: www.GreatLakesGraphite.com .
Great Lakes Graphite trades with symbol GLK on the TSX Venture Exchange and currently has 125,656,830 shares outstanding.
For more information, please contact:
Paul Ferguson Chief Marketing Officer Email: PFerguson@GreatLakesGraphite.com 1-800-754-4510 x106
Paul Gorman Chief Executive Officer Email: PGorman@GreatLakesGraphite.com 1-800-754-4510 x109
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.
Caution Regarding Forward Looking Information: Certain statements in this press release may constitute "forward looking information" which involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking information. When used in this press release, such forward looking information may use such words as "may'', "will'', "expect'', "believe'', "plan'' and other similar terminology. Forward looking information is provided for the purpose of presenting information about management's current expectations relating to the future events and the operating performance of the Company, and readers are cautioned that such information may not be appropriate for other purposes. The forward looking statements involve a number of risks and uncertainties. These risks and uncertainties include, but are not limited to, the ability of the Company to fulfill the orders and future orders, regulatory requirements, general economic, market or business conditions and future developments in the sectors of the economy in which the business of Great Lakes operates. The foregoing list of factors is not exhaustive. Please see the Company's financial statements, MD&A and other documents available on www.sedar.com , for a more detailed description of the risk factors. The Company undertakes no obligation to update publicly or revise any forward looking information, whether a result of new information, future results or otherwise, except as required by law.
