- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Rights Issue and Shortfall
Lomiko Metals Inc. (“Lomiko”) (TSXV:LMR). The Company announces that it will raise $186,558 through the sale of 1,865,580 units at $0.10 per unit.
Financing
Lomiko Metals Inc. (“Lomiko”) (TSXV:LMR). The Company announces that it will 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. A finder’s fee may be paid in accordance with the policies.
Proceeds will be used to complete further exploratory work at the La Loutre Property in the Refractory Zone in order to define a resource in compliance with 43-101, and for working capital.
The issuance of the securities is subject to the final approval of the TSX Venture Exchange.
Loan Update
Further to the Company’s press release dated April 26, 2018, the Company advises that it will not be proceeding with the $5,000,000 CDN convertible loan. The company will continue with discussions with various potential partners for the funding of La Loutre Exploration and Pre-economic Assessment.
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,
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 the release.
Click here to connect with Lomiko Metals Inc. (TSXV:LMR) for an Investor Presentation.
Outlook Reports
Featured Battery Metals Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2332.45 | -31.27 | |
Silver | 28.20 | +0.07 | |
Copper | 4.32 | +0.06 | |
Oil | 84.22 | -1.44 | |
Heating Oil | 2.62 | -0.06 | |
Natural Gas | 1.73 | -0.04 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.