VANCOUVER, TORONTO, and NEW YORK, Aug. 14, 2014 /CNW/ - Graphene 3D Lab Inc. (TSXV: GGG) ("Graphene 3D") is pleased to announce that it has signed an agreement to take advantage of marketing and investor relations services offered by First Canadian Capital Corp, ("First Canadian"), as a consultant. First Canadian will represent the interests of Graphene 3D with retail brokers, analysts, portfolio managers and media groups with a focus on Canadian capital markets.
Under the terms of the agreement, Graphene 3D Lab will pay First Canadian 6,500 CAD per month and grant 350,000 stock options. The options shall vest and be priced in accordance with the company's stock option plan and the policies of the TSX Venture Exchange. The Agreement and related stock option issuance to First Canadian remain subject to the approval of the TSX Venture Exchange.
About Graphene 3D Lab
Graphene 3D Lab is in the business of developing, manufacturing, and marketing proprietary graphene-based nanocomposite materials for various types of 3D printing, including fused filament fabrication. Graphene is a single layer of carbon atoms arranged in a hexagonal lattice which won researchers the 2010 Nobel Prize in Physics; it exhibits high conductivity, superior strength, high flexibility, and chemical resistivity. The Company is also involved in the design, manufacture, and marketing of 3D printers and related products for domestic and international customers, including those in the aerospace and automotive industries, manufacturers of medical prosthetics, and the military.
About First Canadian Capital Corp.
Based in Toronto, First Canadian Capital Corp.(www.firstcanadiancapital.com) has been in the investor relations business for 17 years. First Canadian Capital has assisted numerous North American corporations in gaining exposure and recognition within the global investment community. First Canadian's core competencies are in identifying quality assets and providing companies with high-growth potential effective investor relations and market awareness services.
FORWARD LOOKING INFORMATION
This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information in this news release includes statements about services to be provided by First Canadian Capital.
In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, regarding, among other things, payments to be made and stock options to be granted to First Canadian Capital in exchange for their services. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: failure to obtain approval by the TSX Venture Exchange, either party withdrawing their interest in, or any event out of control of either party which may delay or lead to the cancellation of this transaction.
A more complete discussion of the risks and uncertainties facing the Company is disclosed in the Company's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
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.
SOURCE: Graphene 3D Lab Inc.
For further information: First Canadian Capital Corp.: Dan Boase, Telephone: (416) 742-5600; (866) 580-8891, Email: [email protected]; Graphene 3D Lab Investor Inquiries: Investor Relations, Telephone (631) 405-5114, Email: [email protected]