LOMIKO METALS INC. ("LMR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 30, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 23, 2017, July 5, 2017 and July 31, 2017.:
Number of Shares: 4,162,538 Non Flow-through shares
Purchase Price: $0.20 per share
Warrants: 4,162,538 share purchase warrants to purchase 4,162,538 shares
Warrant Exercise Price: $0.29 for a three year period
Number of Shares: 1,153,538 Flow-through shares
Purchase Price: $0.26 per share
Warrants: 1,153,538 share purchase warrants to purchase 1,153,538 shares
Warrant Exercise Price: $0.29 for a two year period
Number of Placees: 9 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
A. Paul Gill Y 310,000
AJS Management Corp. (A. Paul Gill) Y 120,000
Finder's Fee: Secutor Capital Management Corp. $23,880.61 cash and 119,403 warrants payable.
EMD Financial Inc. $27,499.99 cash, 38,462 common shares and 38,462 warrants.
-Each warrant is exercisable into one common share at $0.29 for a three year period from closing.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly. [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]
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