Lomiko Metals Announces Shares for Debt Transaction
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Lomiko Metals Announces Shares for Debt Transaction
(Vancouver, B.C and Montreal, Que) March 18, 2019 Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, LMRMF, FSE: DH8C, (ISIN: CA54163Q1028) (WKN: A0Q9W7) (LEI: 529900GJP51V4HR9MN94) announces that it has entered into advertising agreements with two separate parties who will provide advertising services for the Company in consideration for (1) $67,800 taxes included; and (2) $11,000 taxes included. The parties have agreed to be issued common shares, in lieu of cash. The shares to be issued are subject to regulatory approval and will have the required 4 month plus one day hold period from issuance. The Company anticipates that the aggregate number of shares to be issued will be 1,576,000 at a deemed value of $0.05, however the definitive amount will be determined at the time of issuance.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].
On Behalf of the Board,
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release