Lomiko Metals Announces Non-Brokered Private Placement - Video Available on Investmentpitch.com

April 07, 2017 3:00 PM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2017) - Lomiko Metals (TSXV: LMR) (OTCQB: LMRMF) (FSE: DH8C) has announced a non-brokered private placement.

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The company plans to raise up to $500,000 through the offering of up to 2 million units at $0.25 per unit. Each unit consists of 1 share and 1 warrant, with each warrant exercisable at $0.50 for 24 months. The shares are currently trading at $0.27.

The company has a current buy recommendation, with a target price of $0.75, from New York-based SeeThruEquities,

Lomiko Metals is a Canada-based, exploration-stage company, engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy, such a lithium and graphite.

The company is headed by A. Paul Gill, CEO, who was instrumental in spearheading the investment activities of the company's wholly-owned subsidiary, Lomiko Technologies, into Graphene 3D Lab (TSXV: GGG) (OTCQB: GPHBF), a graphene and 3D printing company, Graphene ESD and Smart Home Devices Ltd, an electronics manufacturer.

For more information, please visit the company's website, www.lomiko.com, contact A. Paul Gill, CEO at 604-729-5312 or email info@lomiko.com.

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