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Lomiko Metals Inc. V.LMR

Alternate Symbol(s):  LMRMF

Lomiko Metals is a people-first company whose mission is to manifest a world of abundant renewable energy with Canadian and Quebec critical minerals for a solution in North America. It is developing its 100%-owned La Loutre graphite deposit, located 180 km northwest of Montreal, and is working towards earning a 70% stake in the Bourier lithium project, located in the James Bay region of Quebec in Canada’s lithium triangle that has historically housed lithium deposits and mineralization trends.


TSXV:LMR - Post by User

Bullboard Posts
Post by leeslandon May 02, 2017 6:38pm
170 Views
Post# 26195235

Shocked that this got funded

Shocked that this got fundedNot sure how Gill gets funded and why anyone would do patch financing , meaning finance that really cant do much for the company, other than pay debts and would love to know how much falls to back owed salaries ...

Be that as it may, whom ever invested on the PP  April 4th has options at 50 cents only for 2 years , like to know what the vegas odds would be on them buying options

I wish someone could tell me this fact , we know Gill worked at GVG prior to taking over LMR, in the last 9 years has any investment group maintained a commitment to financing once they did an intial  private placement for second or third tranches or better has any one ever picked up options

I doubt it,  but could be wrong , be interesting if anyone knows , but shocks me that he can still raise capital with his track record with LMR and GVG oh well its the Venture
Bullboard Posts