Graphene Lighting PLC is aiming to become a world leader in the commercialization of graphene based light bulbs and illumination systems. The graphene bulb can be compared to the popular Light Emitting Diode (LED) which has taken the world by storm due to its low operating costs and brightness. A thin graphene coating further improves upon the strengths of the standard LED bulb. Specific benefits of graphene bulbs include longevity, minimal weight, low heat emitting, and aesthetics.
In its bid to further this technology, Graphene Lighting PLC is aiming to be listed on the Toronto stock exchange in Canada. In order to accomplish this the British company has signed a letter of intent to participate in a reverse takeover with a Canadian capital corporation called Oriana Resources Corp. (TSX: V.OUP.H). The reverse takeover entails a stock share exchange, resulting in Graphene Lighting becoming a subsidiary of Oriana Resources.