Lomiko to Be Reinstated FOR Trading ON TSX Venture and Announces $1,760,000 Raise

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

M a r c h 1 9 , 2 0 1 8 TSX-V: LMR

LOMIKO TO BE REINSTATED FOR TRADING ON TSX VENTURE AND ANNOUNCES $1,760,000 RAISE

(Vancouver, B.C.) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8 C) announces it has

been successful in its reinstatement application with the TSX V enture Exchange and trading will begin at the

opening on Tuesday, March 20, 2018.

Financing

The Company also announces that it will raise $1,260,000 throug h the sale of 9,000,000 Flow-Through units at

$0.14 per unit. Each FT unit will be comprised of one share an d one-half share purchase warrant, with each whole

warrant exercisable into one share at a price of $0.20 for a period of one year from closing date.

In addition, the Company will issue 5,000,000 units at $0.10 pe r unit. Each unit will consist of one common share

and one-half purchase warrant, w ith each whole warrant exercisa ble into one common share at a price of $.20 for a

period of one year from the closing date.

All securities will be subject to a four-month plus one day hol d period from the closing. A finder’s fee may be paid

in accordance with the policies.

Proceeds will be used to complete further exploratory work at t he La Loutre Property in the Refractory Zone in

order to define a resource in compliance with 43-101, and for working capital.

The issuance of the securities is subject to the final approval of the TSX Venture Exchange.

For more information, review the website at www.lomiko.com, or contact A. Paul Gill at 604-729-5312 or by email

at: [email protected].

ON BEHALF OF THE BOARD

LOMIKO METALS INC.

Signed: “A. Paul Gill”

A. Paul Gill,

President and 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 V enture Exchange) accepts responsibility for the adequacy or accuracy of

this release.