Lomiko Metals Inc. Closes $100,020 Private Placement Financing

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December 18, 2013 TSX-V: LMR

LOMIKO METALS INC. CLOSES $100,020 PRIVATE PLACEMENT FINANCING

Vancouver, BC. - LOMIKO METALS INC. (TSX-V:LMR). Lomiko Metals Inc. (the “Company”) is pleased to announce that the TSX Venture Exchange has approved the closing of its previously announced non-brokered private placement of December 17, 2013. The Company raised $100,020 through the sale of 1,667,000 units (“Units”) at a price of $0.06 per Unit. Each Unit consists of one common share and one transferable share purchase warrant. Each full warrant is exercisable at a price of $0.10 for a period of twelve months from issuance. The securities have now been issued. The securities are subject to a four month hold period expiring April 19, 2014.

The net proceeds of the offering will be used for working capital purposes.

For more information, please contact Paul Gill at 604-729-5312 Email: [email protected]. Website: www.lomiko.com.

On Behalf of the Board

Signed: “A. Paul Gill”

A. Paul Gill, Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.