Lomiko closes $1M financing, appoints Olympia registrar

Jan 28, 2021

2021-01-27 21:28 ET – News Release

 

Mr. A. Paul Gill reports

CLOSING PLUS APPOINTMENT OLYMPIA TRUST TRANSFER

Lomiko Metals Inc. has closed its private placement and has raised total proceeds of $1,000,250. A total of 13,336,666 units have been subscribed for at a price of 7.5 cents per unit, each unit consisting of one common share and one warrant exercisable for two years at 10 cents. Finders’ fees have agreed to be paid, pursuant to the policies of the TSX Venture Exchange. The securities will be issued Feb. 1, 2021 (due to the change in transfer agent, as noted below), with a hold period expiring June 2, 2021. The net proceeds will be for general working capital.

The company also announces the appointment of Olympia Trust Company as the company’s registrar and transfer agent, effective Feb. 1, 2021. Olympia Trust will now be responsible for all transfers of the company’s shares through its office in Vancouver, replacing Computershare Trust Company of Canada, which has resigned at the company’s request. Shareholders need take no action in respect of the change in transfer agent and registrar.

https://www.lomiko.com/

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