Off-market insider buying at Lomiko Metals (LMR)

Off-market insider buying at Lomiko Metals (V:LMR)

Amrit Paul Singh Gill, CEO, acquired 5,350,000 Common Shares on a direct ownership basis at a price of $0.020 through a prospectus or prospectus exempt offering on June 3rd, 2020. The insider also acquired 5,350,000 Warrants with an exercise price of $0.050 until May 31st 2021. This represents a $107,000 investment into the company's shares and an account share holdings change of 56.6%.

In addition, AJS Management Corp., a Director, acquired 3,500,000 Common Shares and 3,500,000 Warrants on a direct ownership basis.  This represents a $70,000 investment into the company's shares and an account share holdings change of greater than 100%.

Lomiko Metals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Lomiko Metals Inc is a Canada-based mining and exploration company. The Company is focused on advancing its principal assets, which include Quatre-Milles East and West (Graphite), Quebec; the La Loutre and Lac-des-Iles properties, Quebec, and the Bourier property, Quebec (Lithium). In addition, the Company owns the Vines Lake property in the Cassiar region of British Columbia. The Quatre-Milles Graphite Property is located in southwestern Quebec. The Quatre-Milles Graphite property consists of 28 contiguous claims totaling 1,600 hectares. The Quatre-Milles (West) property comprises 37 claims over an area of 2,183.97 hectares. The La Loutre property consists of 42 continuous mineral claims totaling 2,867.29 hectares. The Lac-des-Iles Property consists of one contiguous block of 104 mineral claims totaling 5,601.30 hectares in the Laurentian Region of Quebec. The Vines Lake property consists of three contiguous claim units totaling 1,209.84 in the Cassiar region of British Columbia.