CJC.V Receives $364,000 from Lomiko Under the Option Agreement of La Loutre and Lac des Isles Projects
MONTREAL, QUEBEC and VANCOUVER, BRITISH-COLUMBIA--(Marketwired - July 19, 2017) - Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) and Lomiko Metals Inc. ("Lomiko") (TSX VENTURE:LMR)(OTCQB:LMRMF)(FRANKFURT:DH8B) are very pleased to announce that Lomiko has completed all work and shares payments requirements to earn an 80% interest in the La Loutre Flake Graphite Property. Lomiko paid $364,000 to Canada Strategic in order to complete the second option agreement allowing Lomiko to acquire an 80 % interest in the La Loutre and Lac des Iles graphite projects.