Lomiko To Raise $186,558 Financing

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

M a y 2 5 , 2 0 1 8 TSX-V: LMR

Lomiko To Raise $186,558

Financing

Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR). The Company announ ces that it will raise $186,558 through the

sale of 1,865,580 units at $0.10 per unit. Each unit will cons ist of one common share and one-half purchase

warrant, with each whole warrant exercisable into one common sh are at a price of $0.20 fo r 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 for working capital.

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

Loan Update

Further to the Company’s press release dated April 26, 2018, th e Company advises that it will not be proceeding

with the $5,000,000 CDN convertible loan. The Company will con tinue with discussions with various potential

partners for the funding of La Loutre Exploration and Pre-economic Assessment.

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 Exchan ge 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.