Kitigan Zibi Anishinabeg

Lomiko Updates Private Placement

Retrieved on: 
Saturday, January 15, 2022 - 12:51am

Further to the press release dated January 7, 2022, Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company), subject to the approval of the TSX Venture Exchange for a non-brokered private placement, has updated the closing of its financing for gross proceeds of $1,666,000 through the issue of 20,825,000 units (Units) at a price of $0.08 per unit.

Key Points: 
  • Further to the press release dated January 7, 2022, Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company), subject to the approval of the TSX Venture Exchange for a non-brokered private placement, has updated the closing of its financing for gross proceeds of $1,666,000 through the issue of 20,825,000 units (Units) at a price of $0.08 per unit.
  • The closing of the private placement is subject to the completion of formal documentation and the approval of the TSX Venture Exchange.
  • Proceeds of the private placement will be used for working capital.
  • The Company did not file a material change report 21 days prior to the closing date of this private placement as details of the respective participation of such insiders in the Offering was unknown at such time.

Lomiko Announces Private Placement

Retrieved on: 
Saturday, January 8, 2022 - 1:46am

Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company) is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the TSX) for a non-brokered private placement and, subject to the approval of the TSX, will close its financing for gross proceeds of $1,636,000.00 through the issue of 20,450,000 units (the Units) at a price of $0.08 per unit.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company) is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the TSX) for a non-brokered private placement and, subject to the approval of the TSX, will close its financing for gross proceeds of $1,636,000.00 through the issue of 20,450,000 units (the Units) at a price of $0.08 per unit.
  • The closing of the private placement is subject to the completion of formal documentation and the approval of the TSX Venture Exchange.
  • Proceeds of the private placement will be used for working capital.
  • The Company did not file a material change report 21 days prior to the closing date of this private placement as details of the respective participation of such insiders in the Offering was unknown at such time.

Lomiko Announces Corporate Update, Investor Relations Representation and Membership in The Accelerate Alliance

Retrieved on: 
Tuesday, January 4, 2022 - 9:39pm

Lomiko is starting 2022 as a member of The Accelerate Alliance, a national initiative aligning members on policies and programs to accelerate the development of the Zero-Emission Vehicle (ZEV) supply chain.

Key Points: 
  • Lomiko is starting 2022 as a member of The Accelerate Alliance, a national initiative aligning members on policies and programs to accelerate the development of the Zero-Emission Vehicle (ZEV) supply chain.
  • Matthew Fortier, President and CEO of Accelerate said: "We are very happy that Lomiko Metals has joined Accelerate.
  • Lomiko has retained the services of Refined Substance Inc., principally owned by Kimberly Darlington, to provide investor relations representation and communications advisory services to the company in English and French.
  • Under the terms of the agreement, Refined Substance will provide investor relations services, including press release preparation and distribution, management of investor inquiries, public and media relations outreach, and other communications services for Lomiko.

Lomiko Closes Flow-Through Private Placement

Retrieved on: 
Thursday, December 23, 2021 - 11:56pm

Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company) announces that it has received TSX Venture Exchange (the Exchange) approval and has closed its non-brokered private placement (the Private Placement) and will issue 18,440,870 flow-through units (the FT Units) at a price of $0.115 per FT Unit for aggregate gross proceeds of $2,120,700.05.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company) announces that it has received TSX Venture Exchange (the Exchange) approval and has closed its non-brokered private placement (the Private Placement) and will issue 18,440,870 flow-through units (the FT Units) at a price of $0.115 per FT Unit for aggregate gross proceeds of $2,120,700.05.
  • The Company has paid cash finder fees of $99,785 and issued 867,695 finder warrants (the Finders Warrants) to two parties.
  • Lomiko Metals has a new vision and a new strategy in new energy.
  • For more information on Lomiko Metals, review the website at www.lomiko.com , contact Belinda Labatte at 647-402-8379 or email: info@lomiko.com .

Lomiko Announces Closing of Flow-Through Private Placement

Retrieved on: 
Wednesday, December 22, 2021 - 10:21pm

Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company) announces that subject to the approval of the TSX Venture Exchange (the Exchange), it has closed its non-brokered private placement (the Private Placement) issuing 18,440,870 flow-through units (the FT Units) at a price of $0.115 per FT Unit for aggregate gross proceeds of $2,120,700.05.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (Lomiko Metals or the Company) announces that subject to the approval of the TSX Venture Exchange (the Exchange), it has closed its non-brokered private placement (the Private Placement) issuing 18,440,870 flow-through units (the FT Units) at a price of $0.115 per FT Unit for aggregate gross proceeds of $2,120,700.05.
  • Pursuant to applicable Canadian securities laws, all securities issued pursuant to this private placement are subject to a hold period of four months and one day expiring on April 23, 2022.
  • The private placement remains subject to the final approval of the TSX Venture Exchange.
  • For more information on Lomiko Metals, review the website at www.lomiko.com , contact Belinda Labatte at 647-402-8379 or email: info@lomiko.com .

Lomiko Metals Announces Annual General and Special Meeting Results

Retrieved on: 
Tuesday, December 7, 2021 - 2:29pm

Lomiko represents a company with purpose: a people-first company where we can manifest a world of abundant renewable energy with Canadian and Quebec critical minerals for a solution in North America.

Key Points: 
  • Lomiko represents a company with purpose: a people-first company where we can manifest a world of abundant renewable energy with Canadian and Quebec critical minerals for a solution in North America.
  • The Company holds a 100% interest in its La Loutre graphite development in southern Quebec.
  • For more information on Lomiko Metals, review the website at www.lomiko.com , contact Belinda Labatte at 647-402-8379 or email: info@lomiko.com .
  • FLI involves known and unknown risks, assumptions and other factors that may cause actual results or performance to differ materially.

Lomiko Metals Provides Update on its Circular and Announces Release of Year-End Financials

Retrieved on: 
Tuesday, November 30, 2021 - 2:20am

Mr. Gregg Jensen replaced Mr. Galik as independent director overseeing the transaction and has approved the Circular.

Key Points: 
  • Mr. Gregg Jensen replaced Mr. Galik as independent director overseeing the transaction and has approved the Circular.
  • The Company announces that it has filed its July 31st, 2021, year-end financial statements and Management Discussion and Analysis on www.sedar.com .
  • Lomiko Metals published a Preliminary Economic Assessment (PEA) on September 10, 2021 which indicated the project had a 15 year mine life.
  • For more information on Lomiko Metals, review the website at www.lomiko.com , contact Belinda Labatte at 647-402-8379 or email: info@lomiko.com .