LOMIKO METALS INC ("LMR")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 14, 2015
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the property option agreement between Lomiko Metals Inc. (the "Company") and Canada Strategic Metals Inc. ("Canada Strategic") for the right to acquire an additional 40% undivided interest in the La Loutre Property (to total 80% for the Company) and a 80% undivided interest in the Lac des Iles Property, both in Quebec.
In consideration of the agreement the company will:
* pay $10,000 cash,
* issue of 3,000,000 common shares and
* Fund $1,750,000 in exploration expenditures over a two year period on the two properties and
* Fund $1,000,000 on any other mining rights of Canada Strategic of which Lomiko will obtain NO interest.
CASH SHARES WORK EXPENDITURES
Canada Strategic Metals Inc.
Jean-Sebastien Lavallee pres. $1,010,000 3,000,000 $1,750,000.
Further information on the transaction is available in the Company's news release on SEDAR dated February 9, 2015, and April 14, 2015.
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