Lomiko arranges $1.12-million private placement
LOMIKO TO RAISE $ 1,125,000 Lomiko Metals Inc. has arranged a non-brokered private placement financing to raise up to $1,125,000 from eligible participants through the sale of up to 15 million units of the company at a price of 7.5 cents per unit. Each unit will consist of one common share and one share purchase warrant, exercisable for up to one year from date of approval, at a price of 12.5 cents. The company has agreed to pay a cash finder’s fee of up to 10 per cent. The net proceeds...
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