Lomiko Issues 1,865,580 Units at 10 Cents with a Half Warrant at 20 Cents for One Year to Close Financing

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May 29, 2018 TSX-V: LMR

LOMIKO ISSUES 1,865,580 UNITS AT 10 CENTS WITH A HALF WARRANT AT 20 CENTS FOR ONE YEAR TO CLOSE FINANCING

(Vancouver) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTCQB: LMRMF, FSE: DH8C) announces it has received conditional approval from the TSX Venture Exchange and now will close an issue of raise $186,558 through the sale of 1,865,580 units at $0.10 per unit. Each unit will consist of one common share and one-half purchase warrant, with each whole warrant exercisable into one common share at a price of $0.20 for a period of one year from the closing date. All securities have been issued having a hold period expiring September 30, 2018. The proceeds of the financing will be used for working capital.

For more information, review the website at www.lomiko.com, or contact A. Paul Gill at 604-729-5312 or by email at: [email protected].

ON BEHALF OF THE BOARD LOMIKO METALS INC.

A. Paul Gill, Chief Executive Officer & Director

We seek safe harbor. 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.