Promethieus Technologies IPO Will Be Focused ON Future Tech Start-Ups
# 4 3 9 - 7 1 8 4 1 2 0 t h S t r e e t , S u r r e y , B . C . V 3 W 0 M 6
December 3, 2018
PROMETHIEUS TECHNOLOGIES IPO WILL BE FOCUSED ON FUTURE TECH START-UPS
(Vancouver, B.C.) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) Lomiko
Metals Inc. announces Promethieus Cryptocurrency Mining Corp. has changed its name to Promethieus
Technologies (“Promethieus”) and is preparing to complete its IPO as announced April 6, 2018.
Promethieus Technologies PLC (UK) was formed August 1, 2018 in order to facilitate the IPO. At this time,
the UK company is concluding negotiations with a European brokerage firm and a European Exchange.
The company has also changed to a Future Tech focus as it has identified investment opportunities in
electric vehicle infrastructure, clean energy, the Internet of Things (IoT), Blockchain and also hopes to
support companies developing new materials needed to make these technologies possible. The
importance of energy materials such as graphene, vanadium, lithium, cobalt and graphite to energy
production, grid storage methods and mobile energy storage has already been identified by power and
energy utilities worldwide. In addition, the new opportunities in data storage and secure transactions are
made possible by blockchain. IoT is also a massive trend that will introduce new smart devices to our
homes and offices. Promethieus aims to seek and fund start-ups in these areas.
“The recent announcements of closures by General Motors of manufacturing capacity in Ontario and the
low price of oil affecting employment in Alberta are only the start of significant long-term economic changes.
Business, government and utilities have not prepared for this ‘tidal wave’ of change. Further, most investors
have not understood the opportunity, but we have been researching Future Tech since 2012.” Stated A.
Paul Gill, CEO of Lomiko and VP Business Development of Promethieus Technologies.
The Boards of Promethieus and Lomiko have agreed that Promethieus will repay Lomiko Metals $ 200,000
when funded and that Lomiko's 20% ownership holding would not be diluted by the IPO. Mr. Gill, currently
a 42% holder of Promethieus in order to facilitate the transaction, has acted as a Founding Director of
Promethieus on behalf of Lomiko Metals as a ‘natural person’ is required as Founding Director. Upon
completion of the IPO, Mr. Gill will be able to transfer a portion of his shares to Lomiko to ensure the 20%
threshold is maintained after any financings.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-
729-5312 or email: [email protected].
On Behalf of the Board
“Jacqueline Michael”
Director, Chief Financial 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 .