Vancouver, B.C, Nov. 22, 2017 (GLOBE NEWSWIRE) -- 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) .
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