Lomiko closes $250,000 first tranche of financing
LOMIKO CLOSES FIRST TRANCHE OF FINANCING FOR $250,000 FLOW-THROUGH Lomiko Metals Inc. has received regulatory approval and closed the first tranche of the private placement announced June 20, 2016, for five million flow-through (FT) units of the company at a price of five cents per FT unit. Each FT unit consisted of one flow-through common share and one share purchase warrant exercisable for 36 months at 7.5 cents. The company paid a finder’s fee of $20,000, along with 200,000 warrants to...
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