Lomiko Metals 5.89-Million-Share Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to the second tranche of a non-brokered private placement announced Sept. 27, 2018.

Number of shares: 5.89 million shares

Purchase price: five cents per share

Warrants: 5.89 million share purchase warrants to purchase 5.89 million shares

Warrant exercise price: 10 cents for a two-year period; 10 cents in the second year

Number of placees: nine placees

Pro groups: Nolan Jaret Forman, 200,000; David Hamilton-Smith, 100,000

Total pro group involvement: two placees

Finder’s fee: $2,100 cash and 42,000 warrants with an exercise price of six cents for a two-year period, payable to Hampton Securities Ltd.

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