Lomiko Settles Lawsuit with Alpha Capital Anstalt

#439- 7184 120th Street, Surrey, B.C. V3W 0M6

Lomiko Settles Lawsuit with Alpha Capital Anstalt

Vancouver, B.C, February 23, 2018– Lomiko Metals Inc. (“L omiko”) The Company reports that the

litigation brought by Alpha Capital Anstalt against it (described in the Company’s news release dated August

15, 2014) has been settled. The terms of the settlement are confidential. The court proceedings are to be

dismissed by consent on a without costs basis.

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.