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Lomiko Metals Plans Debt Settlement and Resource Expansion
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Lomiko Metals Plans Debt Settlement and Resource Expansion

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Lomiko Metals (TSE:LMR) has released an update.

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Lomiko Metals Inc. is planning to settle $90,000 in debts by issuing 545,454 common shares, pending approval from the TSX Venture Exchange. The company, known for its La Loutre graphite project in Quebec, recently reported a significant increase in its mineral resources, enhancing its potential in the graphite market.

For further insights into TSE:LMR stock, check out TipRanks’ Stock Analysis page.

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