Lomiko Metals Announces Closing of the First Tranche of the Hard Dollar Financing

MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX.V: LMR) ("Lomiko†or the "Company†) announces that it will apply to the TSX Venture Exchange ("TSXV†) for approval to close the first tranche of the hard dollar financing for total proceeds of $650,000. The Company anticipates issuing 6,500,000 common shares at $0.10, along with a half warrant exercisable for three years at $0.15. All securities issued shall be subject to a hold period expiring four months and one day from their date of issuance. Complet ...