Wall Street Signals: LOMIKO ISSUES 1,865,580 UNITS AT 10 CENTS WITH A HALF WARRANT AT 20 CENTS FOR ONE YEAR TO CLOSE FINANCING

LOMIKO ISSUES 1,865,580 UNITS AT 10 CENTS WITH A HALF WARRANT AT 20 CENTS FOR ONE YEAR TO CLOSE FINANCING



(Vancouver) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTCQB: LMRMF, FSE: DH8C) announced it has received conditional approval from the TSX Venture Exchange and now will close an issue of raise $186,558 through the sale of 1,865,580 units at $0.10 per unit. Each unit will consist of one common share and one-half purchase warrant, with each whole warrant exercisable into one common share at a price of $0.20 for a period of one year from the closing date. All securities will be subject to a four-month plus one day hold period from the closing. The proceeds of the financing will be used for working capital.

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

Source: Lomiko Metals News