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LOMIKO METALS ANNOUNCES THE HARD DOLLAR FINANCING

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Executive Summary

Lomiko Metals Inc. has announced a private placement offering to raise aggregate gross proceeds of up to $800,000. The financing will be conducted through the issuance of 8 million units priced at C$0.10 per unit, with each unit consisting of one common share of the company and associated warrants.

This hard dollar financing represents a straightforward equity raise for the TSXV-listed company, providing working capital and funding for ongoing corporate activities. The pricing at $0.10 per unit reflects current market conditions and provides existing and new investors an opportunity to participate in the company's growth trajectory.

The completion of this financing will strengthen Lomiko Metals' balance sheet and provide the necessary capital to advance its business objectives. Private placements of this nature are common in the junior mining sector, allowing companies to access capital markets efficiently while maintaining operational flexibility. The success of this offering will depend on market reception and the company's ability to effectively deploy the raised capital toward value-creating activities.
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