LOMIKO RAISES $275,000
December 18 2019 - 4:29PM
Lomiko Metals Inc. (“Lomiko”) (TSX-V: 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 closing date.
Proceeds will be used for working capital. All securities
will be subject to a four-month plus one day hold period from the
closing. The issuance of the securities is subject to the
final approval of the TSX Venture Exchange. No finder’s fee
will be paid. A. Paul Gill, the President and a director of
the Company participated 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
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.
A. Paul Gill
Lomiko Metals Inc. (TSX-V: LMR)
6047295312
apaulgill@lomiko.com
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