EDITOR: | October 10th, 2013

Lomiko Metals Closes Shares for Debt

| October 10, 2013 | No Comments
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Lomiko-Metals-200x125October 10, 2013 (Source: Lomiko Metals Inc.) — LOMIKO METALS INC. (TSX-V: LMR, OTC: LMRMF, FSE: DH8B) (the “Company” or “Lomiko”) announces that it has obtain regulatory approval to settle debts in the aggregate of $265,905 owed to consultants of the Company through the issuance of 4,431,750 common shares at a deemed value of $0.06 and 2,759,052 warrants exercisable for two years at $0.10. The securities have been issued having a hold period expiring February 14, 2014.

 

On Behalf of the Board

A. Paul Gill
President and Chief Executive Officer

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.


Raj Shah

Editor:

Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>


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