Lomiko Metals Provides Update on Arrangement With Global Battery Materials, Loan Facility and Funding of the Yellow Fox Project
· Financial Post
VANCOUVER, British Columbia -- Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (“Lomiko” or the “Company”) is pleased to announce that it has received additional shareholder support for its previously announced transaction with Global Battery Materials Corp. (the “Purchaser” or “GBM”) pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of the Company (the “Shares”) for cash consideration of C$0.13 per Share by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia), subject to customary closing conditions (the “Transaction”). Read More
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