Graphene 3D Labs logoGraphene 3D Lab announced that it has arranged a non-brokered private placement of up to 3,766,600 units at a price of $0.16 per Unit to raise aggregate gross proceeds of up to $602,656.

The net proceeds of the offering will be used for the Company’s general working capital requirements.<--break->

In April 2016, Graphene 3D Lab announced that it has been approved to move forward with the next task of its research, development and royalty agreement with a Fortune 500 listed manufacturer. In May 2016, Graphene 3D Lab announced its financial results for Q1 2016. Revenues increased to $265,271 - up 354% from last quarter's revenues of $58,369.

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