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LMR.V ·

Lomiko to Raise $ 600,000 Through the Issuance of Flow Through Common Shares and Amends Exercie Price of Certain Options

Financings

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

November 30, 2018 TSX-V: LMR

LOMIKO TO RAISE $ 600,000 THROUGH THE ISSUANCE OF FLOW THROUGH COMMON SHARES AND

AMENDS EXERCIE PRICE OF CERTAIN OPTIONS

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERV ICES OR FOR RELEASE, PUBLICATION,

DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR

INTO THE UNITED STATES.

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

will raise $600,000 and issue up to 12,00 0,000 flow-through common shares at $0. 05. Finders fee will be paid in

accordance with the TS X-V policies. All securities will be subject to a four -month plus one day hold period from

the closing.

Proceeds will be used to co mplete further exploratory work at the La Loutre Property in the Refractor y Zone in

order to define a resource in compliance with National Instrument #43-101.

The issuance o f the flow-through common shares and the payment of the finder ’s fee are subj ect t o the final

approval of the TSX Venture Exchange.

Options – Amend Exercise Price

The Co mpany, subject regulatory ap proval, has agreed to reprice 250,000 stock options issued to Northcote

Advisors Inc. and 50,000 stock options issued to EDE Asset Man agement Inc. from $0.14 to $0.05. All other terms

remain the same.

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: “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 Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.