Wall Street Signals: Lomiko Metals Inc. announces has received subscriptions and raised $275,000 through the sale of 5,500,000 units at $0.05 per unit.

Lomiko Metals Inc. announces has received subscriptions and raised $275,000 through the sale of 5,500,000 units at $0.05 per unit.



Lomiko Metals Inc. (“Lomiko”) (TSXV: LMR, OTC: LMRMF, FSE: DH8C) announces has received subscriptions and raised $275,000 through the sale of 5,500,000 units at $0.05 per unit.  Each unit will be comprised of one share and one-half share purchase warrant, with each whole warrant exercisable into one share at a price of $0.07 for a period of two years from the closing date.

Continues will be utilized for working capital. All protections will be dependent upon a four-month in addition to one day hold period from the end. The issuance of the protections is dependent upon the last endorsement of the TSX Venture Exchange. No discoverer's expense will be paid. A. Paul Gill, the President and chief of the Company partook as to $51,500 (1,030,000 Units).
The Company advises shareholders that this financing is in addition to the Brokered Private Placement in progress.

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.
“A. Paul Gill”
A. Paul Gill,
President and Chief Executive Officer