Lomiko Metals Closes Private Placement

Battery Metals

Lomiko Metals (CVE:LMR) reports its closing of its previously announced private placement on September 24, 2010.

Lomiko Metals (TSXV:LMR) reports its closing of its previously announced private placement on September 24, 2010.

The press release is quoted as saying:

The Company has raised $150,000 through the sale of 3,000,000 units (“Units”) at a price of $0.05 per Unit. Each Unit consists of one common share of the Company and one half of one common share purchase warrant, each full warrant being exercisable at a price of $0.10 for a period of twelve months after the closing date.

Click here to access the entire press release.

Click here to access Lomiko Metals’ company profile.

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