Lomiko to Raise $ 300,000

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

September 26, 2018 TSX-V: LMR

LOMIKO TO RAISE $ 300,000

(Vancouver, B.C.) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) announces it will

raise $300,000 through the sale of 6 ,000,000 units at $0. 05 per unit. Each unit will b e comprised of one share and

one share purchase warrant, with each warrant exercisable into one share at a price of $0. 10 for a period of two years

from closing date. A finder’s fee may be paid in accordance with the policies of the TSX Venture Exchange.

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

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

All securities will be subject to a four-month plus one day hold period from the closing.

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

The Company also wishes to amend the terms of its 382,500 outstanding options grant ed to directors and consultants

of the Company which were granted between 01-2014 and 09- 2014, from $1.00 (post 1:10 rollback) to $0.05. All

other terms remain the same. The amendments to the options are subject of regulatory approval, and shareholders’

approval for those granted to the “Insiders” of the Company. The Company will obtain shareholder approval at the

next annual general meeting schedule for October 31, 2018.

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.

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 Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.