Lomiko Issues 1,356,000 Shares to Settle Debt

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July 15, 2020 TSX-V: LMR

Lomiko Issues 1,356,000 Shares to Settle Debt

Vancouver BC - LOMIKO METALS INC. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (the “Company”) announces that it will be making an application to the TSX Venture Exchange for the issuance of 1,356,000 common shares at a deemed value of $0.05 to pay an outstanding debt $67,800.

For more information, review the website at http://www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected]

On Behalf of the Board

A. Paul Gill President and Chief Executive Officer

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.