Lomiko Closes First Tranche of Financing for $250,000 Flow-through

Lomiko, graphite, V.LMR

Lomiko Metals Inc. (V.LMR)announces it has received regulatory approval and closed the 1st tranche of the private placement announced June 20, 2016 for 5,000,000 flow-through units of the Company (the “FT Units”) at a price of $0.05 per FT Unit. Each FT Unit consisted of one flow-through common share and one share purchase warrant exercisable for 36 months at $0.075.read release

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