Point Roberts, WA - March 3, 2010 - Investorideas.com, a leader in sector research including mining and cleantech stocks, releases recent news and commentary on Lomiko Metals Inc. ( TSX-V:LMR , OTC: LMRMF).
Lomiko's (TSX-V: LMR , OTC: LMRMF) corporate objective, through the acquisition and exploration of high quality mineral mining projects and development, is to become a fully integrated battery supplier. Lomiko is currently exploring for salt brines that contain lithium, sodium, sulfate, chloride and potash in salt lakes or salars.
The following alert hi-lights recent press releases and research report, CFA commentary from Sustainable Kapital.
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Recent News:
LOMIKO METALS INC. ANNOUNCES $400,000 FLOW-THROUGH PRIVATE
PLACEMENT FINANCING
"Vancouver, BC. - LOMIKO METALS INC. (TSX-V: LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7,) ("Lomiko" or "the Company) announces a private placement to raise up to $400,000 through the sale of up to 5,000,000 flow-through units of the Company priced at $0.08 per unit. Each flow-through unit will consist of 1 flow-through common share and one half of one transferable non-flow-through share purchase warrant, each full warrant being exercisable at a price of $0.12 for a period of 12 months after the closing date. The Company has agreed to pay a cash commission of 5% and finder's fee options equal to 8% of the number of units subscribed for at the unit price of $0.08 for a term of 12 months, with each unit consisting of a common share and a half warrant on the same terms as the unit half warrant stated above."
Full News: http://www.lomiko.com/public/files/news/LMR%20NR%20$400000%20FLOW-THROUGH%20UNITS%20_final_%2002-17-2011%20_2_.pdf
Report Excerpt:
Sustainable Kapital initiates coverage of Lomiko Metals Inc. (TSX.V: LMR)
February 25, 2011 --
Sustainable Kapital is initiating coverage of Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7,) with its February 9, 2011 report "Lomiko Metals Inc- A LITHIUM AND GOLD COMPANY". The full report is now at http://sustainablekapital.com/reports/wp-content/uploads/2011/02/LMR_Report_b.pdf
The company is listed on the Venture Exchange in Canada, Frankfurt, and the OTC in the USA.
"Interest in Northern B.C. by Chinese firms is steadily growing and the Cassiar Gold District is a location with the geology, infrastructure and potential to see significant development and mining activity.", states Sabrina Tsai, Analyst.
The Lomiko report will be updated on a regular basis as developments warrant and includes information on the Lithium and Soda Ash markets. The report describes the three projects that the Company is pursuing:
- Vines Lake, which is contiguous to Hawthorne Gold Corporation (a firm to be renamed China Mineral Holding after a major investment from China is approved by the TSX.)
- Karolina Lithium Property, which consists of 8 claims in Salar Aguas de Calientes adjacent to SQM, which is the world's largest producer of Lithium with production mostly coming from Salar de Atacama
- Rose Lake and Cunningham Lake Soda Ash (Sodium Carbonate) properties in BC, and are located near past producing lakes, which produced an estimated 900 tonnes of sodium carbonate.
Read the full research report:
http://sustainablekapital.com/reports/wp-content/uploads/2011/02/LMR_Report_b.pdf
About Lomiko:
Lomiko Metals Inc. is a Canadian-based junior company whose objective is to increase shareholder value through the acquisition and exploration of high quality mineral mining projects and development into a fully integrated battery supplier. Lomiko is currently exploring for salt brines that contain lithium, sodium, sulfate, chloride and potash in salt lakes or salars. Lomiko's growth strategy is to become a fully integrated supplier of lithium ion batteries. The potential for partnership in creating lithium rechargeable batteries to replace current polluting methods of energy is excellent. Interest in lithium and lithium batteries is growing exponentially. The Company is committed to its development program and in showing corporate social and environmental stewardship in the arena.
Disclaimer/disclosure: The following Lomiko Metals news release is paid for by third party on behalf of LMR.V ($250 per news release /2 releases). Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news release and profile submissions and online advertising. All information on public companies published is obtained from the company or public filings and materials.
The Lomiko Metals research report is the content and opinion of Sustainable Kapital
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Source - Investorideas.com, Sustainable Kapital, Lomiko Metals
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