Lomiko (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) Closes Raise of $ 1,167,552

Lomiko Closes Raise of $ 1,167,552 Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) announces it has closed the 3rd and final tranche of its private placement and will issue 12,400,000 units at $0.05 per unit for proceeds of $620,000. Each unit will be comprised of one share and one share purchase warrant, with each warrant exercisable at…

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Why Invest in a company looking for ‘pencil lead’?

Lomiko TSX

There are times that investments look odd on the surface but make a lot more sense once you perform due diligence. With debate circulating over the production of oil and pipelines in Canada, pencil lead might just be what we need to help move Canada to a ‘green economy’. Graphite pencil lead is only one form of a very common…

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