Lomiko Metals (TSE:LMR) has released an update.
Lomiko Metals Inc. is set to complete an offering of 1,463,415 flow-through units at $0.41 each for total proceeds of $600,000 and a private placement of 1,242,172 units at $0.35 each, raising $434,760, pending TSX Venture Exchange approval. Both offerings include common shares and warrants, with a four-month hold period on the securities issued.
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