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Provider: Reuters Investment Profile
Provider: Fundamental Research Corp

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Lomiko Metals Inc to Raise $500,000

Friday, 19 Apr 2013 01:35pm EDT 

Lomiko Metals Inc announced a private placement to raise up to $500,000 from eligible participants through the sale of up to 8,333,333 units of the Company at a price of $0.06 per unit. The units will consist of one common share and one warrant exercisable for up to one year at $0.10. The Company has agreed to pay a cash finder's fee of 10%. The net proceeds of the financing will be used for general working capital. Any shares issued will be subject to a four month hold period. The above financing is subject to Exchange approval. 

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24 Oct 2014