Lomiko Metals $3,525,769 prospectus offering

Mar 14, 2014

Effective on March 7, 2014, the company’s prospectus dated March 6, 2014, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta and Ontario securities commissions, pursuant to the provisions of the British Columbia, Alberta and Ontario securities acts.

The TSX Venture Exchange has been advised that closing occurred on March 13, 2014, for gross proceeds of $3,525,769.80.

Agent:  Secutor Capital Management Corp.

Offering:  26,584,180 units (Each unit consisting of one share and one-half common share purchase warrant.)

Unit price:  11 cents per unit

Warrant exercise price/term:  15 cents per share at any time before the date that is 18 months following the closing date of the public offering

Flow-through offering:  4,627,000 flow-through units (Each unit consists of one share and one-half common share purchase warrant.)

Flow-through unit price:  13 cents per unit

Warrant exercise price/term:  20 cents per share at any time before the date that is 18 months following the closing date of the public offering

Agent’s options:  1,872,671 non-transferable warrants exercisable to purchase one share at 11 cents per share for 18 months following the closing date of the public offering

Agent’s commission:  6 per cent of the gross proceeds.

http://www.lomiko.com/news.html

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