Lomiko Metals (TSE:LMR) has released an update.
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Lomiko Metals Inc. is set to raise up to C$1.05 million through a non-brokered private placement aimed at advancing its La Loutre graphite project in Quebec. The funds will support exploration activities and general working capital needs, reflecting the company’s strategic focus on expanding its graphite resources. The offering is pending regulatory approvals and includes incentives for Canadian investors through flow-through shares.
For further insights into TSE:LMR stock, check out TipRanks’ Stock Analysis page.
