Lomiko Receives Legal Entity Identifier (LEI) for European Uniontrade Assurity Through German Firm WM Datenservice
23 November 2017 - 8:25AM
Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC:
LMRMF, FSE: DH8C) Lomiko Metals Inc.announces that it has been
assigned the Legal Entity Identifier (“LEI”) number
529900GJP51V4HR9MN94 through registration with WM
Datenservice. The European Union has adopted regulations that
require use of the LEI as a barcode equivalent aimed at reducing
risks to investors.
Lomiko Metals recently closed a financing and is
preparing to drill the Refractory Zone of the La Loutre
Property. Details are available at www.lomiko.com
What is the Global Legal Entity
Identifier (LEI)?
The Legal Entity Identifier (LEI) is an
internationally standardized and globally valid identifier for
participants in the financial market and serves to unambiguously
identify business partners (eg companies, banks or investment
funds) and to fulfill certain reporting obligations to supervisory
authorities. What's new in comparison to existing systems is the
global solution across all countries, markets and legal systems.The
global adoption of a unified legal entity identification system is
expected to reduce costs for businesses, as well as the financial
market as a whole, improve risk management and promote transparency
in the financial markets.
About WM Datenservice
WM Datenservice is Europe's largest registry for
the Legal Entity Identifier (LEI).
WM Datenservice is a central data service
provider for the German financial industry. In addition to the LEI,
it also issues the German Securities Identification Number (WKN)
and the International Security Identification Number (ISIN) for
securities issued by German issuers. The LEI has been awarded since
April 2013. WM Datenservice has been recognized as a global
awarding body for the LEI since October 2013 and has already
awarded more than 90,000 LEIs to customers from 142 countries, as
of November, 2017. WM Datenservice has been official since April
13, 2017 accredited by the GLEIF as international awarding body for
the LEI.
For more information on the structure and
organizations involved, please visit the FSB website
(www.financialstabilityboard.org), LEI ROC ( www.leiroc.org ) or
GLEIF ( www.gleif.org) .
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.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com.
On Behalf of the Board
“A. Paul Gill”
Chief Executive Officer
Lomiko Metals (TSXV:LMR)
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