Lomiko Closes Raise of $ 1,167,552
Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) reported it has shut the third and last tranche of its private position and will issue 12,400,000 units at $0.05 per unit for continues of $620,000. Every unit will be involved one offer and one offer buy warrant, with each warrant exercisable at a cost of $0.10 for a time of two years from shutting. A discoverer's expense of 10% money has been consented to be paid. Continues will be utilized for working capital. Altogether, the Company has raised $1,167,552
The securities to be issued as per the third tranche will have a hold period lapsing March 8, 2018. The end of the exchange, the issuance of the securities and the installment of the discoverer's expense is liable to the last endorsement of the TSX Venture Exchange.
For more information, review the website at www.lomiko.com, or contact A. Paul Gill at 604-729-5312 or by email at info@lomiko.com.
ON BEHALF OF THE BOARD
LOMIKO METALS INC.
LOMIKO METALS INC.
A. Paul Gill,
President and Chief Executive Officer
President and Chief Executive 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) accept responsibility for the adequacy or accuracy of this release.
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