Lomiko Metals Inc (PK) (LMRMF)

Lomiko Metals Inc. Files a Positive Preliminary Feasibility Study For La Loutre Graphite Project on SEDARMay 8, 2026 7:00 PM
Business Wire Lomiko Metals Inc. (Lomiko) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (“Lomiko" or the “Company”) is pleased to announce that the Company has filed on SEDAR+ an independent technical report (the "Report") prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the results of a Pre-Feasibility Study ("PFS") for the development of its La Loutre Graphite Project in Quebec, Canada. The PFS was completed by DRA Americas Inc. (“DRA”) in accordance with NI 43-101, and the results of the PFS were previously reported in the Company's news release dated March 24th, 2026, and there are no material differences in the Report from those results. The effective date of the Report is March 24th, 2026. The Report supporting the PFS for the La Loutre Graphite Project with a pre-tax NPV of CA$797.5 M with 30.3% IRR; after-tax NPV of CA$617.4 M with 24.7% IRR at US$1,524/t Cg can be consulted on the Company’s profile on SEDAR+ (www.sedarplus.ca). The Project has probable mineral reserves prepared in accordance with NI 43-101 using a 1.50% Cg cut-off grade of 46.8 Mt at an average grade of 4.79% Cg for a contained in-situ graphite quantity of 2.24 Mt. Highlights of the PFS (all figures are stated in Canadian dollars unless otherwise stated): Pre-tax NPV (8%) of CA$797.5 M. After-tax NPV (8%) of CA$617.4 M. Pre-tax IRR of 30.3 %. After-tax IRR of 24.7 %. Pre-tax payback period of 3.1 years. After-tax payback period 3.2 years. Initial capital costs of CA$504.6 M. Life of mine processing period (“LOM”) of 28 years. Average LOM stripping ratio (Waste: Ore) of 2.4:1. Mined ore of 46.8 Mt at 4.79% Cg with 1.5% cut-off grade and waste of 40.0 M bcm (bank cubic metres), including 2.2 M bcm of overburden. LOM plant production of 46,803 kt (kt=1,000 metric tonnes) of mill feed yielding 2,149 kt of graphite concentrate grading 97.0% Cg. LOM Average graphite mill head grade of 4.79 % Cg. Average LOM mill recovery of 93.0% Cg. At the base case cut-off grade of 0.95% Cg, a measured resource of 215 kt at a 4.47 % Cg grade for 9,7 kt of graphite, an indicated resource of 69,741 kt at a 4.41 % Cg grade for 3,075 kt of graphite, and an inferred resource of 20,279 kt at a 3.53 % Cg grade for 716 kt of graphite. Long-term Weighted-Average Graphite Price US$1,524/t Cg conc. (graphitic carbon concentrate). The projection was completed for the purposes of the PFS Market Study Report by Lone Star Tech Minerals – USA. Exchange rate: CA$1.00 = US$0.70. A projection was completed for the purposes of the PFS Market Study Report by Lone Star Tech Minerals – USA. Gordana Slepcev, CEO and director, Lomiko commented: “We are pleased to announce the filing of a positive Pre-Feasibility Study at our La Loutre natural flake graphite Project at SEDAR. La Loutre represents a major opportunity to contribute to the energy transition in Canada and North America. The engineering work completed to date defines the project footprint and resource base, resulting in the updated resources, declaration of reserves, development of project infrastructure, and design plans for the project with the aim of minimizing the footprint and creating a compact, environmentally responsible, and sustainable project while demonstrating the strong economic leverage the Project possesses, and clearly demonstrates the potential for La Loutre to be a large economic driver in southern Quebec and Canada with the mine life spanning for 28 years delivering hundreds of jobs and careers in the region, significant contracting opportunities for regional and Indigenous businesses and more than $4.7 billion in revenue, as well as generational opportunities for local residents and the Indigenous community in the area. Lomiko will continue working with its partners in the MRC of Papineau region, including the local municipalities, as well as the surrounding First Nations community of Kitigan Zibi First Nation. We will also continue to work closely with the Quebec, Federal, and U.S. governments to advance the La Loutre Project.” The responsibilities of the engineering consultants are as follows: DRA Americas Inc. (DRA) was commissioned by Lomiko to manage and coordinate the work related to the NI 43-101. DRA also developed the PFS level design and cost estimating of the process plant, surface infrastructure, recovery methods, and was responsible for the compilation of the PFS Report. Norda Stelo Inc. (Norda), was engaged to complete the geology and mineral resources scope, mineral reserves and mine design for the open pit, conduct water management and environmental studies, planning, assessment, licensing, and permitting. Knight Piésold Ltd. (KP) completed the following related to mining and infrastructure development: Geotechnical design of the Waste Disposal Facilities (WDFs), noise boundaries around the pit perimeters, backfilled open pits, and associated water management measures Open pit slope geometry recommendations Open pit groundwater inflow estimates Geochemical characterization of the filtered tailings from the metallurgical process and the waste rock from open pit development. Metpro Management Inc. (Metpro) was engaged to interpret metallurgical testing completed by SGS Canada Inc. Next Steps The results of the PFS indicate that the proposed Project has technical and financial merit using the base case assumptions. It has also identified additional fieldwork, metallurgical testwork, trade-off studies, and analysis required to support more advanced mining studies. The authors of the Technical Report consider the PFS results sufficiently reliable and recommend that the La Loutre Graphite Project be advanced to the next stage of development through the initiation of a Feasibility Study and working towards completion of an Environmental Impact Study for the Project while continuing to explore the geological potential of the La Loutre property. Department of War Technology Investment Agreement The work on the PFS and baseline data collection was supported by an award made via Title III of the U.S. Defense Production Act of 1950 (“DPA Title III) and announced in May 2024, with a total of US$8.35M awarded to complete Phases 1, 2, and 3. This work on the PFS and baseline data collection completed Phase 1 – PFS and baseline data collection. Qualified Person All technical information, not pertaining to the PFS, in this news release has been reviewed and approved by Mike Petrina, P.Eng., who is a "qualified person" as defined by NI 43-101. He is an independent Consultant working for the Company. The PFS has been prepared by DRA. The authors to the Report are Qualified Persons (“QPs”) under NI 43-101 and are independent of Lomiko. The technical content of the PFS in this press release has been reviewed and approved by: Colin Fyfe, P.Eng., Danielle Demers, P.Eng.., David Sims, P.Geo., Denys Vermette, P.Geo., Georgi Doundarov, P.Eng, Jessica Breault, P. Eng., Jordan Zampini, P.Eng., Kerrine Azougarh, P.Eng., Marina Iund, P.Geo, and Oliver Peters, P.Eng. About Lomiko Metals Inc. The Company holds mineral interests in its advanced La Loutre graphite development in southern Quebec. The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory, which is situated within the Outaouais and Laurentides regions. Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 76 mineral claims totaling 4,528 hectares (45.3 km2). The Company also holds an interest in seven early-stage projects in southern Quebec, including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low, and Carmin, covering 328 claims over 18,622 hectares in the Laurentian region of Quebec and within KZA territory. The Company has optioned an early-stage property prospect in the precious metals, antimony, and REES. The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood, NL, and south of the Trans-Canada Highway. For more information on Lomiko Metals, review the website at www.lomiko.com, contact Gordana Slepcev at 647-391-7344 or email: info@lomiko.com. About DRA DRA Americas Inc. (DRA) is an international multi-disciplinary engineering, project delivery and operations management group, predominantly focused on the mining, minerals and metals industry. DRA has an extensive track record spanning four decades across a wide range of commodities. DRA’s teams have deep expertise in the mining, minerals and metals processing industries, as well as related non-process infrastructure such as, water, and energy solutions. DRA covers all major mining centres with offices across Africa and the Middle East, North and South America, and Asia-Pacific. Cautionary Note Regarding Forward-Looking Information This press release contains "forward-looking information" including FOFI (as defined below) and financial outlook within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the development of the La Loutre project in the PFS, mineralized material processing, highlights of the PFS including the pre and after tax IRR, annual production rates, long-term weighted-average graphite prices, the mine life, after-tax payback, capital expenditures at the project, outlines of processing and production potential, projected mining operations under the PFS, information respecting a Mineral Reserve Estimate, capital and operating costs under the PFS, location of potential mining at the project, mine design, processing, project infrastructure, permitting and studies including an environmental permitting and impact assessment process, and advancement of a Feasibility Study including collection of additional data for the Feasibility Study. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are risks respecting uncertainties inherent to the conclusions of economic evaluations and economic studies, changes the parameters of the project, including budget and schedule, uncertainties with respect to actual results of current exploration activities, delays in the advancement of the project, including with respect to drilling activities, equipment availability and/or issues, labour force shortages, fluctuations in metal and foreign exchange rates, limitation on insurance coverage, accidents, lack of available capital to the Company, failure to obtain necessary regulatory approvals as the project advances, labour disputes and other risks of the mining industry, the ability of the Company and stakeholders to realize the anticipated benefits of the project, delays in obtaining governmental approvals or in the completion of development or construction activities, opposition by social and non-government organizations to mining projects, unanticipated title disputes, claims or litigation, cyber-attacks and other cybersecurity risks and changes to tax regimes in the jurisdictions relevant to the Company and other risks described in the Company's filings, including in the risk factors in the Company's most recent management's discussion and analysis, which are available on the Company's profile on SEDAR+ at www.sedarplus.ca. The forward-looking information contained in this news release also includes financial outlooks and other forward-looking metrics relating to the Company and the La Loutre project, including references to financial and business prospects, future results of operations, performance and estimated NPV and IRR. Such information, which may be considered future oriented financial information (FOFI) or financial outlooks within the meaning of applicable Canadian securities laws, has been approved by management of the Company as of the date hereof. Such FOFI and financial outlooks are based on assumptions which management believes are reasonable as of the date hereof, having regard to the industry, business, financial conditions, plans and prospects of the Company, including the PFS. These projections are provided to describe the prospective performance of the project and readers are cautioned such information may not be appropriate for other purposes. Such information is highly subjective and should not be relied on as necessarily indicative of future results and actual results may differ significantly from such projections. FOFI and financial outlook constitute forward-looking statements and are subject to the same assumptions, uncertainties, risk factors and qualifications above. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. Neither the 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 news release. On Behalf of the Board,
“Gordana Slepcev” Chief Executive Officer View source version on businesswire.com: https://www.businesswire.com/news/home/20260508976534/en/ Gordana Slepcev
647-391-7344
info@lomiko.com Original: Lomiko Metals Inc. Files a Positive Preliminary Feasibility Study For La Loutre Graphite Project on SEDAR

Lomiko Metals Announces Closing of Private Placement for Gross Proceeds of C$500,000April 29, 2026 10:02 AM
Business Wire
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce closing of the private placement (the “Offering”) for aggregate gross proceeds of C$500,000 through the issuance of 5,000,000 units of the Company (each, a “Unit”) at a price of C$0.10 per Unit. Each Unit consists of one common share of the Company and one-half common share purchase warrant, with each whole warrant entitling the holder to acquire one common share of the Company at a price of C$0.15 per share for a period of three years following the closing of the Offering (the “Closing”).


The Company intends to use the proceeds of the Offering for general working capital purposes, the advancement of the La Loutre natural flake graphite project (the “Project”), and for regional graphite exploration.


All securities issued shall be subject to a hold period expiring four months and one day from the Closing. The Offering remains subject to final acceptance of the TSX Venture Exchange.


The insiders of the Company subscribed for a total of 1,400,000 Units. As such, this participation constitutes a “related party transaction” as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the Units acquired by the insider nor the consideration for the Units paid by such insider exceeds 25% of the Company’s market capitalization.


The Company did not file a material change report 21 days prior to the closing date of this private placement, as details of the respective participation of such insiders in the financing were unknown at such time.


About Lomiko Metals Inc.


The Company holds mineral interests in its advanced La Loutre graphite development in southern Quebec. The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory, which is situated within the Outaouais and Laurentides regions. Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 76 mineral claims totaling 4,528 hectares (45.3 km2).


The Company also holds an interest in seven early-stage projects in southern Quebec, including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low, and Carmin, covering 328 claims over 18,622 hectares in the Laurentian region of Quebec and within KZA territory.


The Company has optioned an early-stage property prospect in the precious metals, antimony, and REES. The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood, NL, and south of the Trans-Canada Highway.


On behalf of the Board,

Gordana Slepcev

CEO & President and Director, Lomiko Metals Inc.


For more information on Lomiko Metals, review the website at www.lomiko.com.


Cautionary Note Regarding Forward-Looking Information


This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release about the Company; and any other information herein that is not a historical fact may be “forward-looking information” (“FLI”). All statements, other than statements of historical fact, are FLI and can be identified by the use of statements that include words such as “anticipates”, “plans”, “continues”, “estimates”, “expects”, “may”, “will”, “projects”, “predicts”, “proposes”, “potential”, “target”, “implement”, “scheduled”, “intends”, “could”, “might”, “should”, “believe” and similar words or expressions. FLI in this news release includes, but is not limited to: the total gross proceeds of the Offering, the use of proceeds of the Offering, the timing and successful completion of the Offering; the Company’s ability to successfully fund, or remain fully funded for the implementation of its business strategy and for exploration of any of its projects (including from the capital markets); and the expected timing of announcements in this regard. FLI involves known and unknown risks, assumptions, and other factors that may cause actual results or performance to differ materially.


The FLI in this news release reflects the Company’s current views about future events, and while considered reasonable by the Company at this time, are inherently subject to significant uncertainties and contingencies. Accordingly, there can be no certainty that they will accurately reflect actual results. Assumptions upon which such FLI is based include, without limitation: the Company’s ability to implement its overall business strategy and to fund, explore, advance and develop each of its projects, including results therefrom and timing thereof, the intended use of the gross proceeds of the Offering and the decision of the Company to reallocate a portion of the gross proceeds of the Offering for sound business reasons, the impact of increasing competition in the mineral exploration business, including the Company’s competitive position in the industry, and general economic conditions, including in relation to currency controls and interest rate fluctuations.


The FLI contained in this news release are expressly qualified in their entirety by this cautionary statement, the “Forward-Looking Statements” section contained in the Company’s most recent management’s discussion and analysis (MD&A), which is available on SEDAR+ at www.sedarplus.ca. All FLI in this news release are made as of the date of this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such forward-looking information. The Company does not undertake to update or revise any forward-looking information contained herein to reflect new events or circumstances, except as may be required by applicable securities laws.


Neither the 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 news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260428898726/en/
1-833-4-LOMIKO

info@lomiko.com


Original: Lomiko Metals Announces Closing of Private Placement for Gross Proceeds of C$500,000

Lomiko Metals Provides Market and Corporate UpdateMarch 2, 2026 7:46 AM
Business Wire
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Company”) highlights Canada’s expanding role in G7 Critical Minerals Agreements, which reinforce Canada’s growing role within the G7 and North America specifically to build allied critical mineral frameworks. This also underlines the long-term strategic importance of natural graphite to energy security, defense supply chains, and electrification.


Canada continues to position itself as a responsible and major supplier and partner of responsibly produced critical minerals within the G7 and broader allied economies. With the Critical Minerals Production Alliance launched by Canada in June 2025 at the G7 Leaders' Summit in Kananaskis, Alberta, Lomiko is well-positioned as Canada works alongside the G7 Critical Minerals Action Plan to secure supply chains, boost investment, and counter market concentration. Member countries have committed to strengthening secure and diversified supply chains for materials essential to battery manufacturing, defense technologies, and clean energy systems. Lomiko is encouraged by the forthcoming $2-billion Critical Minerals Sovereign Fund to accelerate investment in strategic mining projects and strengthen national security supply chains, announced in the 2025 federal Budget and to ensuring local community impact with the ongoing creation of jobs and advancement of R&D. The new fund – to be administered by Natural Resources Canada – will provide equity investments, loan guarantees, and offtake agreements to advance critical minerals projects.


In addition, Lomiko has long advocated for a stockpile initiative; across G7 jurisdictions, governments are advancing policies aimed at strengthening supply chain resilience, including consideration of strategic stockpiling and coordinated procurement of critical minerals.


The United States continues to assess critical mineral supply chains under Section 232 of the Trade Expansion Act of 1962, which provides authority to address national security risks associated with concentrated foreign sourcing. This is an important initiative respecting tariffs in the critical minerals sector. China currently accounts for the dominant share of global graphite processing and anode production capacity, and Lomiko is positioned as a long-term strategic project in Quebec, Canada, to provide non-China sources of graphite to North American customers. Chinese graphite tariffs are currently in place in the United States of America, as the U.S. Department of Commerce has determined that active anode material from the People's Republic of China is being, or likely to be, sold in the United States at less than fair value (LTFV).


As it moves forward with its Pre-Feasibility Study, Lomiko is fully engaged in these processes and continues to monitor developments in public policy as part of its evaluation of long-term market conditions for natural flake graphite originating in Canada for supply chains in North America.


Gordana Slepcev, CEO, President, and Director, stated: “We have positioned Lomiko as a graphite developer with a clear strategy to expand into downstream production. As we work toward completing the La Loutre prefeasibility study by the end of Q1, we are also advancing initiatives that will showcase the full added value of La Loutre graphite.”


Corporate update


The investigation into the social engineering incident first reported by the Company on November 7, 2025, determined that a single management user account was involved and confirmed that there was no broader risk to Company IT systems or to Company operations. Since the incident, the Company has enhanced its existing cybersecurity measures, including a full review of email accounts by its external consultant, updated protections regarding its Virtual Private Network, and enhanced security of private placement processes regarding the transmittal of banking information. Relatedly, the Company has reached a satisfactory cash settlement with the relevant parties and as a result, has instructed its transfer agent to remove the precautionary stop order that had been put on the share certificate representing the shares issued to such investor. The Company is now pursuing other avenues to recover the balance of payment and has filed a lawsuit in the Supreme Court of British Columbia against the Bank of Nova Scotia to recover the balance of the misdirected funds as part of the settlement agreement. The outcome of these proceedings is unknown at this time.


About Lomiko Metals Inc.


The Company holds mineral interests in its La Loutre graphite development in southern Quebec. The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory. The KZA First Nation is part of the Algonquin Nation, and the KZA traditional territory is situated within the Outaouais and Laurentides regions.? Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 76 mineral claims totaling 4,528 hectares (45.3 km2).


Lomiko Metals published an updated Mineral Resource Estimate (MRE) in a NI 43-101 Technical Report and Mineral Resource Estimate Update for the La Loutre Project, Quebec, Canada, prepared by InnovExplo on May 11th, 2023, which estimated 64.7 million tonnes of Indicated Mineral Resources averaging 4.59% Cg per tonne for 3.0 million tonnes of graphite, a tonnage increase of 184%. Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 million tonnes in 2021 MRE with additional Mineral resources reported down-dip and within marble units resulted in the addition of 17.5 million tonnes of Inferred Mineral Resources averaging 3.51% Cg per tonne for 0.65 million tonnes of contained graphite; and the additional 13,107 metres of infill drilling in 79 holes completed in 2022 combined with the refinement of the deposit and structural models contributed to the addition of most of the Inferred Mineral Resources to the Indicated Mineral Resource category, relative to the 2021 Mineral Resource Estimate. The MRE assumes a US$1,098.07 per tonne graphite price and a cut-off grade of 1.50% Cg (graphitic carbon). The independent and qualified persons for the mineral resource estimate, as defined by NI 43 101, are Marina Iund, P.Geo. (InnovExplo Inc.), Martin Perron, P.Eng. (InnovExplo Inc.)., Simon Boudreau, P.Eng. (InnovExplo Inc.). and Pierre Roy, P.Eng. (Soutex Inc.). The effective date of the estimate is May 11, 2023.


The Company also holds interest in seven early-stage projects in southern Quebec, including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low and Carmin, covering 328 claims in total on 7 early-stage projects covering 18,622 hectares in the Laurentian region of Quebec and within KZA territory.


The stage graphite portfolio consists of 328 claims in total on seven early-stage projects covering 18,622 hectares in southern Quebec. The grades presented below for the Laurentides graphite portfolio were press-released on January 7th, 2025. (https://lomiko.com/news/lomiko-metals-encounters-up-to-27-9-graphite-at-its-laurentides-early-stage-projects-including-the-discovery-of-four-new-zones-at-the-ruisseau-project-spanning-over-3-kilometres-long/)



Ruisseau–grades up to 27.9 percent carbon graphite (“% Cg”) from four distinct high grade mineralized zones that are over 3km long;



Meloche –grades up to 13.3% Cg from two distinct mineralized clusters;



Tremblant –grades up to 11.6% Cg from numerous, widespread spot anomalies; and



Dieppe –grades up to 6.82% Cg from numerous, widespread spot anomalies and a distinct mineralized cluster.



Boyd–8 samples grades range from 5.61% Cg to 17.10 %Cg with all samples above 5.00% Cg.



The technical content regarding the exploration results presented was reviewed by Mark Fekete, P.Geo. who acts as an independent consultant to the Company and is the Qualified Person.


The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood NL, and south of the Trans-Canada Highway. The main Yellow Fox showing is located in the central part of License 027536M, 5km from the western end of Gander Lake.


This property is on the same trend as the past-producing antimony mine Beaver Brook, which is located 25km southwest of the property. Yellow Fox is an early-stage exploration property prospective in antimony, gold, and silver where historic works returned samples anomalous in gold (Au), antimony (Sb), lead (Pb), zinc (Zn), and silver (Ag). The trenching exposed the rocks, resulting in grab samples to 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag, and 5.50% Pb in arsenopyrite-stibnite veins within altered monzogranite. (See Metals Creek assessment report at https://gis.geosurv.gov.nl.ca/geofilePDFS/Batch2016/002D_0779.pdf)


Lomiko QP relied on the information provided by Metals Creek. Metals Creek QP is Wayne Reid P.Geo. is registered in Newfoundland.


On behalf of the Board,


Gordana Slepcev


CEO & President and Director, Lomiko Metals Inc.


For more information on Lomiko Metals, review the website at www.lomiko.com.


Contact us at 1-833-4-LOMIKO or e-mail: info@lomiko.com.


Cautionary Note Regarding Forward-Looking Information


This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release about the Company; and any other information herein that is not a historical fact may be "forward-looking information" (“FLI”). All statements, other than statements of historical fact, are FLI and can be identified by the use of statements that include words such as "anticipates", "plans", "continues", "estimates", "expects", "may", "will", "projects", "predicts", “proposes”, "potential", "target", "implement", “scheduled”, "intends", "could", "might", "should", "believe" and similar words or expressions. FLI in this new release includes, but is not limited to: the total gross proceeds of the Offering, the use of proceeds of the Offering, the timing and successful completion of the Offering; the Company’s ability to successfully fund, or remain fully funded for the implementation of its business strategy and for exploration of any of its projects (including from the capital markets);, and the expected timing of announcements in this regard. FLI involves known and unknown risks, assumptions and other factors that may cause actual results or performance to differ materially.


The FLI in this news release reflects the Company’s current views about future events, and while considered reasonable by the Company at this time, are inherently subject to significant uncertainties and contingencies. Accordingly, there can be no certainty that they will accurately reflect actual results. Assumptions upon which such FLI is based include, without limitation: the Company’s, ability to implement its overall business strategy and to fund, explore, advance and develop each of its projects, including results therefrom and timing thereof, the impact of increasing competition in the mineral exploration business, including the Company’s competitive position in the industry, and general economic conditions, including in relation to currency controls and interest rate fluctuations.


The FLI contained in this news release are expressly qualified in their entirety by this cautionary statement, the “Forward-Looking Statements” section contained in the Company’s most recent management’s discussion and analysis (MD&A), which is available on SEDAR+ at www.sedarplus.ca. All FLI in this news release are made as of the date of this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such forward-looking information. The Company does not undertake to update or revise any forward-looking information contained herein to reflect new events or circumstances, except as may be required by applicable securities laws.


Neither the 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 news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260301952969/en/
1-833-4-LOMIKO or e-mail: info@lomiko.com


Original: Lomiko Metals Provides Market and Corporate Update

Lomiko Metals Pays the 1st Anniversary Payment for the Yellow Fox Property to Metals Creek and Adds Claims to the AgreementFebruary 9, 2026 9:04 PM
Business Wire
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Company”) is pleased to announce that further to its agreement with Metals Creek (“Lomiko”) (see news release dated 22 January 2025) in regards to the Yellow Fox Property, the Company will be paying the first anniversary payment of $23,125 and 889,423 shares of Lomiko Metals Inc. at a deemed price of $0.13 per share subject exchange approval. The company has also paid the first-anniversary payment to the finder of $1,875 and 72,115 shares at a deemed price of $0.13 per share, subject to exchange approval.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260209153781/en/Figure 1: Yellow Fox Property
In addition, the Company announces that it has signed two amendments regarding extra claims being staked and added to the original property size.


The first amendment dated 30th April, 2025, increased the land package to include 30 additional units in Block 039252M for a total of 58 units spanning 1,446 hectares; and


The second amendment, dated 29th January, 2026, further increased the land package to include 51 additional units in the Block 040194M (43 units) and Block 040195M (8 units) for a total of 109 units spanning 2,725 hectares.


The Yellow Fox Property is now comprised of 109 claim units in 5 licences spanning 2,725 hectares. (see figures 1 & 2).


The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood, Newfoundland, and south of the Trans-Canada Highway. The Property occurs within NTS map sheets 02D/14 and 15 with excellent access along several logging and skidder roads originating from Glenwood. The main Yellow Fox showing is located in the central part of License 027536M, 5km from the western end of Gander Lake. The property is centered at approximately UTM (NAD 27) grid coordinates are 5,419,400m North and 645,300m East.


Definitive Agreement terms


Lomiko can acquire 100% of Metals Creek’s interest in all mineral rights forming the Property in consideration of:


Terms of Option


(a) The Optionee shall have the right to acquire 100% of the right, title and interest in and to the Option Interests with Metals Creek retaining a 2% NSR by making the following payments:


(b) (i) in cash totaling $64,750, according to the following schedule:



on the Closing Date, $18,500; (Paid)


on or before first anniversary of this Agreement, $23,125; (Paid)


on or before second anniversary of this Agreement, $23,125; and



(c) (ii) in common shares of the Optionee (the “LMR Shares”) totaling $328,375, at a price per LMR Share equal to the Market Price (as such term is defined in the TSX Venture Exchange Corporate Finance Manual) on the date of the signature of this Agreement according to the following schedule:



on the Closing Date, $50,875 payable in LMR Shares; (Paid)


on or before first anniversary of this Agreement, $115,625 payable in LMR Shares; (Paid) and


on or before second anniversary of this Agreement, $161,875 payable in LMR Shares.



Yellow Fox is an early-stage exploration property prospective in antimony, zinc, lead, gold, silver, and more recently REEs. Historic work has returned samples anomalous in gold (Au), antimony (Sb), lead (Pb), zinc (Zn), gold (Au), and silver (Ag) which included trenching that exposed bedrock. Results included grab samples up to 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag, and 5.50% Pb in arsenopyrite-stibnite veins within altered monzogranite. (See Metals Creek assessment report https://gis.geosurv.gov.nl.ca/geofilePDFS/Batch2016/002D_0779.pdf


In a news release dated 14 January 2026, Lomiko announced assay results regarding additional REE analysis from the recently completed Phase II soil sampling and prospecting program (See News Release September 23, 2025) on the Yellow Fox Antimony property.


Please note that the results on an adjacent or nearby property (Beaver Brook) are not necessarily what can be expected on the Yellow Fox project, and that the results of surface or grab samples, by their nature, are selective, and that the assay results may not be indicative of underlying mineralization.


Qualified Person for technical content at Yellow Fox


The technical information in this press release has been prepared and approved by Gordana Slepcev, P.Eng., who is registered in Ontario as a qualified person as defined by NI 43-101. QP relied on the information provided by Metals Creek. Metals Creek QP is Wayne Reid, P.Geo. is registered in Newfoundland.


Qualified Person


The technical content presented in this press release was reviewed and approved by Gordana Slepcev, P.Eng., who is the CEO & President of Lomiko Metals and acts as the “Qualified Person” as that term is defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects. Also, Wayne Reid, P.Geo, and director for the Corporation (MEK) and a qualified person as defined in National Instrument 43-101, has reviewed and approved the disclosure of the exploration information in this news release.


All 851 initial soil samples from this past summer's programs were dried and then sent to Eastern Analytical Ltd., located in Springdale, Newfoundland, Canada. Samples are analyzed by the ICP34 method that delivers a 34-element package and analyzed by the ICP-OES analytical technique with blanks and standards inserted every 20-25 samples. The 7 samples in this press release were sent to Bureau Veritas, located in Vancouver, British Columbia, Canada. Samples are analyzed by ICP-OES utilizing a multi-acid digestion analytical technique. No standards or blanks were added to this batch of 7 samples.


About Lomiko Metals Inc.


The Company holds mineral interests in its La Loutre graphite development in southern Quebec. The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory. The KZA First Nation is part of the Algonquin Nation, and the KZA traditional territory is situated within the Outaouais and Laurentides regions.? Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 76 mineral claims totaling 4,528 hectares (45.3 km2).


Lomiko Metals published an updated Mineral Resource Estimate (MRE) in a NI 43-101 Technical Report and Mineral Resource Estimate Update for the La Loutre Project, Quebec, Canada, prepared by InnovExplo on May 11th, 2023, which estimated 64.7 million tonnes of Indicated Mineral Resources averaging 4.59% Cg per tonne for 3.0 million tonnes of graphite, a tonnage increase of 184%. Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 million tonnes in 2021 MRE with additional Mineral resources reported down-dip and within marble units resulted in the addition of 17.5 million tonnes of Inferred Mineral Resources averaging 3.51% Cg per tonne for 0.65 million tonnes of contained graphite; and the additional 13,107 metres of infill drilling in 79 holes completed in 2022 combined with the refinement of the deposit and structural models contributed to the addition of most of the Inferred Mineral Resources to the Indicated Mineral Resource category, relative to the 2021 Mineral Resource Estimate. The MRE assumes a US$1,098.07 per tonne graphite price and a cut-off grade of 1.50% Cg (graphitic carbon). The independent and qualified persons for the mineral resource estimate, as defined by NI 43 101, are Marina Iund, P.Geo. (InnovExplo Inc.), Martin Perron, P.Eng. (InnovExplo Inc.)., Simon Boudreau, P.Eng. (InnovExplo Inc.). and Pierre Roy, P.Eng. (Soutex Inc.). The effective date of the estimate is May 11, 2023.


The Company also holds interest in seven early-stage projects in southern Quebec, including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low and Carmin, covering 328 claims in total on 7 early-stage projects covering 18,622 hectares in the Laurentian region of Quebec and within KZA territory.


The stage graphite portfolio consists of 328 claims in total on seven early-stage projects covering 18,622 hectares in southern Quebec. The grades presented below for the Laurentides graphite portfolio were press-released on January 7th, 2025. (https://lomiko.com/news/lomiko-metals-encounters-up-to-27-9-graphite-at-its-laurentides-early-stage-projects-including-the-discovery-of-four-new-zones-at-the-ruisseau-project-spanning-over-3-kilometres-long/)



Ruisseau–grades up to 27.9 percent carbon graphite (“% Cg”) from four distinct high grade mineralized zones that are over 3km long;



Meloche –grades up to 13.3% Cg from two distinct mineralized clusters;



Tremblant –grades up to 11.6% Cg from numerous, widespread spot anomalies; and



Dieppe –grades up to 6.82% Cg from numerous, widespread spot anomalies and a distinct mineralized cluster.



Boyd–8 samples grades range from 5.61% Cg to 17.10 %Cg with all samples above 5.00% Cg. The technical content regarding the exploration results presented was reviewed by Mark Fekete, P.Geo. who acts as an independent consultant to the Company and is the Qualified Person.



The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood NL, and south of the Trans-Canada Highway. The main Yellow Fox showing is located in the central part of License 027536M, 5km from the western end of Gander Lake.


This property is on the same trend as the past-producing antimony mine Beaver Brook, which is located 25km southwest of the property. Yellow Fox is an early-stage exploration property prospective in antimony, gold, and silver where historic works returned samples anomalous in gold (Au), antimony (Sb), lead (Pb), zinc (Zn), and silver (Ag). The trenching exposed the rocks, resulting in grab samples to 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag, and 5.50% Pb in arsenopyrite-stibnite veins within altered monzogranite. (See Metals Creek assessment report at https://gis.geosurv.gov.nl.ca/geofilePDFS/Batch2016/002D_0779.pdf)


Lomiko QP relied on the information provided by Metals Creek. Metals Creek QP is Wayne Reid P.Geo. is registered in Newfoundland.


On behalf of the Board,

Gordana Slepcev

CEO & President and Director, Lomiko Metals Inc.


For more information on Lomiko Metals, review the website at www.lomiko.com.


Cautionary Note Regarding Forward-Looking Information


This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release about the Company; and any other information herein that is not a historical fact may be "forward-looking information" (“FLI”). All statements, other than statements of historical fact, are FLI and can be identified by the use of statements that include words such as "anticipates", "plans", "continues", "estimates", "expects", "may", "will", "projects", "predicts", “proposes”, "potential", "target", "implement", “scheduled”, "intends", "could", "might", "should", "believe" and similar words or expressions. FLI in this new release includes, but is not limited to: the total gross proceeds of the Offering, the use of proceeds of the Offering, the timing and successful completion of the Offering; the Company’s ability to successfully fund, or remain fully funded for the implementation of its business strategy and for exploration of any of its projects (including from the capital markets);, and the expected timing of announcements in this regard. FLI involves known and unknown risks, assumptions and other factors that may cause actual results or performance to differ materially.


The FLI in this news release reflects the Company’s current views about future events, and while considered reasonable by the Company at this time, are inherently subject to significant uncertainties and contingencies. Accordingly, there can be no certainty that they will accurately reflect actual results. Assumptions upon which such FLI is based include, without limitation: the Company’s, ability to implement its overall business strategy and to fund, explore, advance and develop each of its projects, including results therefrom and timing thereof, the impact of increasing competition in the mineral exploration business, including the Company’s competitive position in the industry, and general economic conditions, including in relation to currency controls and interest rate fluctuations.


The FLI contained in this news release are expressly qualified in their entirety by this cautionary statement, the “Forward-Looking Statements” section contained in the Company’s most recent management’s discussion and analysis (MD&A), which is available on SEDAR+ at www.sedarplus.ca. All FLI in this news release are made as of the date of this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such forward-looking information. The Company does not undertake to update or revise any forward-looking information contained herein to reflect new events or circumstances, except as may be required by applicable securities laws.


Neither the 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 news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260209153781/en/
Contact us at 1-833-4-LOMIKO or e-mail: info@lomiko.com.


Original: Lomiko Metals Pays the 1st Anniversary Payment for the Yellow Fox Property to Metals Creek and Adds Claims to the Agreement

$LMRMF will be presenting at The DealFlow Discovery Conference in Atlantic City, January 28-29, 2026. If you invest in high-growth private or public companies, just putting this on your radar:
I’m involved with this event that brings 150+ growth-stage companies and a big mix of investors into one place for two days.
Accredited investors can attend at no cost. Details here: https://dealflowdiscoveryconference.com/investors/

LMRMF: effective July 15,2024 a one for 10 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

May 16, 2024 – Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce that it has been awarded a Department of Defense (“DoD”) Technology Investment Agreement (“TIA”) grant of US$8.35 million (approximately CA$11.4 million) where Lomiko will match the funding over a period of 5 years, for a total agreement with the DoD of US$16.7 million. The grant falls under Title III of the Defense Production Act and is funded through the Inflation Reduction Act to ensure energy security in North America. This grant funding is to strengthen and expand the industrial base for natural flake graphite in North America. This is one of the first agreements the Department of Defence (“DOD”) is granting in TIA funding to a Canadian management team and asset, at this stage of development. In addition, and concurrent to the grant awarded by the DoD, the Company has also been approved for funding of CA$4.9 million in a non-repayable contribution agreement from the Critical Mineral Research, Development and Demonstration (CMRDD) program administered by Natural Resources Canada with the total project cost being CA$6.6 million. The objective of the program is to pilot the proposed graphite upgrading process and convert La Loutre natural flake graphite into battery-grade anode material.

https://www.otcmarkets.com/stock/LMRMF

This aged well. lol.

website at http://www.lomiko.com

GRAPHITE Lomiko Metals published its April 13, 2023 Updated Mineral Resource Estimate (MRE) which estimated 64.7 million tonnes of Indicated Mineral Resources averaging 4.59% Cg per tonne for 3.0 million tonnes of graphite, a tonnage increase of 184%. Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 million tonnes in 2021 MRE, with additional Mineral resources reported down-dip and within marble units resulted in the addition of 17.5 million tonnes of Inferred Mineral Resources averaging 3.51% Cg per tonne for 0.65 million tonnes of contained graphite; and the additional 13,107 metres of infill drilling in 79 holes completed in 2022 combined with the refinement of the deposit and structural models contributed to the addition of most of the Inferred Mineral Resources to the Indicated Mineral Resource category, relative to the 2021 Mineral Resource Estimate. The MRE assumes a US$1,098.07 per tonne graphite price and a cut-off grade of 1.50% Cg (graphitic carbon).

About Lomiko Metals Inc.
The Company holds mineral interests in its La Loutre graphite development in southern Quebec. The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory. The KZA First Nation is part of the Algonquin Nation, and the KZA traditional territory is situated within the Outaouais and Laurentides regions.? Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 76 mineral claims totaling 4,528 hectares (45.3 km2).

The Property is underlain by rocks from the Grenville Province of the Precambrian Canadian Shield. The Grenville was formed under conditions that were very favorable for the development of coarse-grained, flake-type graphite mineralization from organic-rich material during high-temperature metamorphism.

LMRMF
Lomiko Metals Inc (QB)
0.0149
0.0009 (6.43%)
Volume: 65,000
Day Range: 0.0149 - 0.0151
Last Trade Time: 11:03:48 AM EST

The PEA says the mine will open 2025 and the PFS drilling will start this Spring. What else do you need to know? Oh, and Promethieus will be raising funds to purchase @LomikoTech - $ 1.4 non-dilutive AND they have over $ 4 mil in the bank anyway. It's way too cheap.

So even at five cents one should not dip thier toe in (29% lower than now) ?

Thanks for your thoughts



Believe me I know or am aware of their charts' "lameness"
But (coming from a chart-person).....if the chart's saying "Hey maybe" then....perhaps it'd work.


Because that's TOTALLY implying that........"there's just something about" .05


However, note : Looks like that face charts' line is at .06

Lomiko is as risky as it gets. And so far have delivered nothing. Forget the charts. What have they delivered. I’ve seen them change course to promote the flavour of the year, only to blow funds and deliver nothing. Anyone remember the so called 3D printer they were supposed to build? Lol.

Selling shares is the name of the game. Until they get runs on the board to prove themselves then NOBODY should be buying. Period.

Regardless IMHO

There's actually a 3rd chart to add to that mix.....












The graphites have been going thru an awfully tough spell (as perhaps U know) ?





Iand yet, it MAY simply be that ones' timing is.......CRUCIAL !?


Having said that,
I can only hope that my charts have not lead some astray....





Wow......That was their very high (that day) !



Wait.....NOW I remember what was happening back then !

A high of .135 back then.....* Middle of January !......Right before its' .17 cent spike high

Lomiko is a lifestyle company for the board. They have done nothing in the 7 plus years I have followed them. Zip. Nada.

Don't know WHAT to make of this one.....Park a bid at .05 ?




One year later

Kicking the tires here again

nobody seems to notice this one

futr

https://promethieus.com

LMRMF ! LOADED LAST WEEK ! Looks like bottom to me....gl

Sick joke there.

Doesn't take a chemistry or physics expert to tell you, the batteries are CARBON BOMBS, bury a used one of those, and its 10,000X the carbon toxic waste of 2000 car emissions annually. Yeah, go look that fact up.

Even Elon Musk's recycling process for the Lithium+ batteries, graphite and call, put out 500X more carbon emission/waste fumes that the same amount of cars annually, and Musk's company admits it too.

There is NO carbon footprint emission cut with electric cars. It's just dispensed in a different way. Carbon in the air, or a much faster excess-carbon poisoning in the ground. Facts are Facts.

Anyone lying about it on this board won't help at all.

Replay Emerging Growth Conference 13:
Youtube.com/EmergingGrowthConference

Register for the next Conference

Registration Link Here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165322183

$BNNLF $BMN
$LMRMF $LMR
$SWISF $SWIS
$NECA
$FTXP
$DBLVF $DBG

Who do you want to see on the next Conference?
Conference@EmergingGrowth.com

Or call the number on:
EmergingGrowth.com/Conference

$LMRMF $LMR CEO Live on the Emerging Growth / Investors Hub Conference in 30 minutes

Watch Link Here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165265529

Other Companies Presenting:
$SWISF $SWIS
$NECA
$FTXP
$DBLVF $DBG

Presenting Now
$BNNLF $BMN

Lomiko Metals $LMRMF $LMR Presenting Live on the Emerging Growth Conference on August 4, 2021

Registration Link Here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165129833

PEA reports positive results.

Trading HALT 07/27/2021 LMRMF Lomiko Metals Inc Other OTC Halt

Lomiko is proving to be rather aggressive and ambitious in the battery metals space-

futr

$LMRMF ~ New #PR ~ CEO, Paul Gill Presenting on the Emerging Growth Conference this Wednesday, May 26th - Register here: https://theotcexchange.com/news/?news=lmrmf
Also check out their Latest #Interview on Stock Day! https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/

Check out #LMRMF Latest #Interview ~ Discusses La Loutre Graphite & Bourier Lithium Project https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/

$LMRMF ~ #PR & #Interview ~ Discusses Progress of La Loutre Graphite Project and Bourier Lithium Project ~ #LMRMF https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/ 

2 weeks ago

High this morning - .27

This from the first day it hit .135 - January 20th





This on the first day it hit .135 January 20th


15 sessions later



Up 62% from Jan. 20th close .12

MUST-READ Lomiko Metals $LMR.V $LMRMF completed its 100% acquisition of the La Loutre Flake Graphite project

Read more: Lomiko completes is 100% acquisition of La Loutre - $ 1.125 million bet on this property!

$LMR.V $LMRMF #Graphite producer Lomiko Metals on the weekly chart looking like a real breakout.

Electric vehicles will be key to cutting carbon emissions and fighting climate change.

Read more: https://techcrunch.com/

he-he-he.....Who knows ?.........Mkt cap currently is what, 12 mil ?....At .12 cdn

$LMR $LMRMF Lomiko Metals APPOINTS GREGG JENSEN TO THE #LOMIKO BOARD OF DIRECTORS & TO THE TECHNICAL SAFETY & SUSTAINABILITY
COMMITTEE

Lomiko Metals is pleased to report that Mr. Gregg Jensen has accepted an appointment to the Lomiko Board of Directors and to the Lomiko Technical, Safety and Sustainability Committee (“LTSSC”).

Mr. Jensen has over 25 years of experience in Finance and Business management spanning several industries from technology, mining, engineering, to professional services. Mr. Jensen is currently Managing Director of Mavericus Ventures Corp. a private merchant bank investing in early-stage private and public companies. He has also served on several public and private boards and has held several executive roles. Mr. Jensen has led several companies through multiple capital raises, several M&A and joint venture transactions as well as consulting in turning around struggling companies.

Read More: Green Economy and Electric Car Revolution

$LMR $LMRMF Lomiko Metals Diving Into CEO Paul Gill Previous Success

#ElectricVehicle Revolution is Here!

$LMR $LMRMF Lomiko Metals Welcomes Mike Petrina as Project Manager

Read More: globenewswire.com/news-release/2020/12/09/2142187/0/en/LOMIKO-APPOINTS-MIKE-PETRINA-P-ENG-MBA-AS-LA-LOUTRE-PROJECT-MANAGER-AND-TO-THE-BOARD-OF-DIRECTORS

$LMR $LMRMF Lomiko Metals #Mines and Money Well attended a seminar on #CriticalMinerals

$LMR $LMRMF Lomiko Metals #Graphite @DBG just had a #cobalt discovery

Buying

This looks ready to blow.

Deal. I'll trade ya DD for charts :) Hmm Palladium...sounds familiar...I'm on it.

Gotcha. I see part of the confusion. At the time I wrote that the share price was .035-.04 I believe. The share price is now trading over the offering price of .05 which actually makes the offering more attractive for a potential buyer.

The shares that are currently trading don't belong to the company. The company already got the cash benefit when the shares were originally issued so the company doesn't directly benefit when share prices rise.

They need to sell additional shares outside of the trading market through an offering to raise cash. The shares they are offering aren't coming from the pool of shares that are being traded right now but they will be added to that pool which will dilute current shareholders. They need to provide an incentive for someone to pay them cash for the shares directly from them vs. buying shares from the market. The higher the trading price goes, the more attractive their offering is to a potential shareholder because the buyer will get each share at a cheaper price plus a warrant (future share they can sell once share price rises over .10).

The share price closed at .066 CAD, so a hedge fund manager would tell his client that he can give him x number of shares at .05 vs .066 on the open market plus they get another share that they can sell whenever the share price goes over .10.

So the new shareholders get a better deal on shares, the company gets the cash they need, and current shareholders own a lesser portion of the pie because there are more shares to go around.

Thanks for that info (altho I still don't quite get it).....

It's already trading at .05 cents (Canadian) and yet you wrote :

For .05 you get one unit which equals one share that you can hold or sell now plus one warrant (a second share) that you can exercise (becomes a share that you can sell) when the share price hits .10. The warrant (second share) is the incentive to pay the premium over the current trading price for one share.





Anyways,

Hey let's look into these guys here :

I'll do "the chartwork" and you do the dd .....he-he

Maybe might wanna start here (I dunno)
https://www.palladiumoneinc.com/news/2020/palladium-one-major-discovery-increases-kaukua-south-mineralized-strike-length-six-fold-from-600-m-to-4-km

Or here : https://investors.palladiumoneinc.com/sprott-backed-palladium/?&utm_campaign=desktoplead&utm_source=google&utm_medium=display&utm_content=sprottintent_r1&gclid=EAIaIQobChMI77ukof-l7AIVkhL5AB0wjAqXEAEYASAAEgINhfD_BwE



Old chart (10 months ago)

For .05 you get one unit which equals one share that you can hold or sell now plus one warrant (a second share) that you can exercise (becomes a share that you can sell) when the share price hits .10. The warrant (second share) is the incentive to pay the premium over the current trading price for one share.

The offering statement said they expect it to close 10/30/20 which sounds like it could remain open until they sell all 14 million units. They will probably sell these units to fund managers outside of regular trading.

The float will be diluted by 14 million shares now and another 14 million shares at prices over .10.