Microsoft Word - LMR NR $750000 PP raise 02-11-2015.doc
# 4 3 9 - 7 1 8 4 1 2 0 t h S t r e e t , S u r r e y , B . C . V 3 W 0 M 6
February 11, 2015 TSX-V: LMR NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES
LOMIKO TO RAISE $750,000
Lomiko Metals Inc. (TSX-V: LMR; OTC: LMRMF; FSE: DH8B, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company" or "Lomiko") wishes to announce a non-brokered private placement financing to raise up to $750,000 from eligible participants through the sale of up to 12,500,000 units of the Company at a price of
$0.06 per unit. Each unit will consist of one common share and one share purchase warrant exercisable for up to 18 months from closing at $0.125.
The Company may pay a finder's fee of up to 10% either payable in cash or securities of the Company or a combination of both. The net proceeds of the financing will be used for business development purposes and general working capital. Any shares issued will be subject to a four month plus one day hold period.
The above financing is subject to regulatory approval.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements
For more information, review the website at www.lomiko.com, or contact A. Paul Gill at 604-729-5312 or by email at: [email protected].
ON BEHALF OF THE BOARD LOMIKO METALS INC.
A. Paul Gill,
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 this release.