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Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Firm”) is offering the next Business & Company and Financing Replace following the latest bulletins of the Authorities of Canada and following latest occasions involving the Firm.
The lately introduced federal finances, beneath Prime Minister Mark Carney, marks a significant milestone for Canada’s strategic supplies sector and for Lomiko’s future as a pacesetter within the essential minerals sector. Particularly, the Canadian authorities has dedicated to making a C$2 billion essential minerals sovereign fund over 5 years, aimed toward making fairness investments, offering mortgage ensures, and coming into into offtake agreements for eligible tasks and corporations. Moreover, Pure Sources Canada and the Division of Innovation, Science, and Financial Improvement are receiving C$443 million over 5 years to help processing applied sciences, joint investments in Canadian tasks with allies, and stockpiling of essential minerals to strengthen Canadian and allied nationwide safety. For firms like Lomiko, which focuses on graphite and antimony, this presents an enhanced and essential macro backdrop to our story: elevated government-side demand help, potential participation in federally backed funding automobiles, and an elevated profile for the provision of superior battery and expertise metals.
These measures strengthen Lomiko’s strategic positioning in a number of methods.
- First, the equity-and-loan assure fund means rising useful resource firms might discover another financing pathway alongside or as an alternative of conventional personal capital because it strikes ahead with its PFS.
- Second, the innovation and processing-technology help immediately addresses one of many principal choke-points for graphite and antimony: advancing past exploration into value-added processing and supply-chain integration, which options within the research at present underway by Lomiko.
- Third, the mandated stockpiling initiative indicators the federal government’s intent to deal with these minerals as strategic nationwide belongings and reserves of worth somewhat than merely commodities—which means that long-term demand (and pricing stability) might favour builders with domestically managed sources and confirmed governance, which is strictly Lomiko’s goal.
Lomiko has been a number one champion of stockpiling because the new administration took over the corporate in 2021, and it’s well-positioned to leverage its graphite portfolio in Quebec and contribute considerably to the Federal Authorities and G7 objectives in creating the Vital Minerals provide chain.
Lomiko is finalizing the engineering work on the La Loutre prefeasibility examine, which is anticipated to be issued by the tip of Q1 2026, pending capital availability.
As well as, Lomiko is within the allowing stage for 38 holes @2,500 meters drill program to outline the Rune and La Roche zones, which had been outlined at 1.5km and three.85km respectively, with a number of the highest grades examined in Quebec and as much as 27.9% Cg (carbon content material) and widths as much as 50 meters. Please see press launch dated June 30, 2025 (Lomiko Metals Broadcasts Ruisseau Graphite Undertaking Exploration Replace, La Roche Zone Extension and Fall Workplan)
In an unrelated matter, Lomiko studies that because of a social engineering incident involving different events, the Firm has not but obtained $500,000 for sure shares related to the onerous greenback financing introduced on October 6, 2025, and its subsequent tranche on October 15, 2025 , which had whole gross proceeds of $845,000. The Firm is at present working with consultants to analyze the matter. The Firm can be collaborating with all events concerned within the closing, together with the Firm’s switch agent, to resolve this matter. Pending the outcomes of the investigation, a precautionary cease has been positioned by the Firm’s switch agent on the share certificates representing the shares, stopping them from being bought or in any other case transferred. There isn’t any proof presently of compromise of the Firm’s IT programs or imminent threat to operations. Lomiko stays dedicated to upholding the integrity of its monetary programs and controls. The Firm will present additional updates because it strikes to resolve this matter.
Certified Particular person
The technical content material introduced on this press launch was reviewed by Gordana Slepcev, P.Eng., CEO & President of Lomiko Metals who acts because the “Certified Particular person” as that time period is outlined beneath Nationwide Instrument 43-101, Requirements of Disclosure for Mineral Initiatives.
About Lomiko Metals Inc.
The Firm holds mineral pursuits in its La Loutre graphite growth in southern Quebec. The La Loutre undertaking web site is throughout the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory. The KZA First Nation is a part of the Algonquin Nation, and the KZA conventional territory is located throughout the Outaouais and Laurentides areas. Positioned 180 kilometers northwest of Montreal, the property consists of 1 massive, steady 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 Defend. The Grenville was shaped beneath situations that had been very favorable for the event of coarse-grained, flake-type graphite mineralization from organic-rich materials throughout high-temperature metamorphism.
Lomiko Metals printed an up to date Mineral Useful resource Estimate (MRE) in a NI 43-101 Technical Report and Mineral Useful resource Estimate Replace for the La Loutre Undertaking, Quebec, Canada, ready by InnovExplo on Could eleventh, 2023, which estimated 64.7 million tonnes of Indicated Mineral Sources averaging 4.59% Cg per tonne for 3.0 million tonnes of graphite, a tonnage enhance of 184%. Indicated Mineral Sources elevated by 41.5 million tonnes because of the 2022 drilling marketing campaign, from 17.5 million tonnes in 2021 MRE with further Mineral sources reported down-dip and inside marble items resulted within the addition of 17.5 million tonnes of Inferred Mineral Sources averaging 3.51% Cg per tonne for 0.65 million tonnes of contained graphite; and the extra 13,107 metres of infill drilling in 79 holes accomplished in 2022 mixed with the refinement of the deposit and structural fashions contributed to the addition of a lot of the Inferred Mineral Sources to the Indicated Mineral Useful resource class, relative to the 2021 Mineral Useful resource Estimate. The MRE assumes a US$1,098.07 per tonne graphite value and a cut-off grade of 1.50% Cg (graphitic carbon). The impartial and certified individuals for the mineral useful resource estimate, as outlined 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 efficient date of the estimate is Could 11, 2023.
The Firm additionally holds curiosity in seven early-stage tasks in southern Quebec, together with Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low and Carmin, masking 328 claims in whole on 7 early-stage tasks masking 18,622 hectares within the Laurentian area of Quebec and inside KZA territory.
The stage graphite portfolio consists of 328 claims in whole on seven early-stage tasks masking 18,622 hectares in southern Quebec. The grades introduced under for the Laurentides graphite portfolio had been press-released on January 7 th , 2025. ( https://lomiko.com/information/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 as much as 27.9 % carbon graphite (“% Cg”) from 4 distinct excessive grade mineralized zones which are over 3km lengthy;
- Meloche –grades as much as 13.3% Cg from two distinct mineralized clusters;
- Tremblant –grades as much as 11.6% Cg from quite a few, widespread spot anomalies; and
- Dieppe –grades as much as 6.82% Cg from quite a few, widespread spot anomalies and a definite mineralized cluster.
- Boyd–8 samples grades vary from 5.61% Cg to 17.10 %Cg with all samples above 5.00% Cg.
The technical content material concerning the exploration outcomes introduced was reviewed by Mark Fekete, P.Geo. who acts as an impartial advisor to the Firm and is the Certified Particular person.
Along with La Loutre, Lomiko has earned a 49% stake within the Bourier Undertaking from Vital Parts Lithium Company as per the choice settlement introduced on April 27 th , 2021 . The Bourier undertaking web site is situated close to Nemaska Lithium and Vital Parts south-east of the Eeyou Istchee James Bay territory in Quebec, which consists of 203 claims for a complete floor place of 10,252.20 hectares (102.52 km2), in Canada’s lithium triangle close to the James Bay area of Quebec that has traditionally housed lithium deposits and mineralization traits.
The Yellow Fox Property is situated roughly 10 km southwest of the City of Glenwood NL, and south of the Trans-Canada Freeway. The Property happens inside NTS map sheets 02D/14 and 15 with glorious entry alongside a number of logging and skidder roads originating from Glenwood. The primary Yellow Fox displaying is situated within the central a part of License 027536M, 5km from the western finish of Gander Lake.
This property is on the identical development because the past-producing antimony mine Beaver Brook, which is situated 25km southwest of the property. Yellow Fox is an early-stage exploration property potential in antimony, gold, and silver the place historic works returned samples anomalous in gold (Au), antimony (Sb), lead (Pb), zinc (Zn), and silver (Ag). The trenching uncovered the rocks, leading to seize samples to 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag, and 5.50% Pb in arsenopyrite-stibnite veins inside altered monzogranite. (See Metals Creek evaluation report at https://gis.geosurv.gov.nl.ca/geofilePDFS/Batch2016/002D_0779.pdf )
Lomiko QP relied on the data supplied 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 extra data on Lomiko Metals, assessment the web site at www.lomiko.com .
Contact us at 1-833-4-LOMIKO or e-mail: data@lomiko.com .
Cautionary Be aware Concerning Ahead-Wanting Info
This information launch comprises “forward-looking data” throughout the which means of the relevant Canadian securities laws that’s primarily based on expectations, estimates, projections and interpretations as on the date of this information launch. The data on this information launch concerning the Firm; and every other data herein that’s not a historic truth could also be “forward-looking data” (“FLI”). All statements, aside from statements of historic truth, are FLI and could be recognized by way of statements that embrace phrases corresponding to “anticipates”, “plans”, “continues”, “estimates”, “expects”, “might”, “will”, “tasks”, “predicts”, “proposes”, “potential”, “goal”, “implement”, “scheduled”, “intends”, “might”, “may”, “ought to”, “consider” and related phrases or expressions. FLI on this new launch contains, however isn’t restricted to: the anticipated impacts of this week’s announcement from the Federal Authorities on Lomiko’s strategic positioning, the power of Lomiko to obtain any funds from the packages introduced this week by the Federal Authorities, the anticipated completion date of the prefeasibility examine on La Loutre, the Firm acquiring all of the required permits and authorizations to finish its drilling program on the Rune and Roche zones the Firm’s potential to efficiently fund, or stay totally funded for the implementation of its enterprise technique and for exploration of any of its tasks (together with from the capital markets), and the receipt of the entire proceeds of the Firm’s onerous money providing regardless of the social engineering incident that occurred. FLI entails recognized and unknown dangers, assumptions and different components which will trigger precise outcomes or efficiency to vary materially.
The FLI on this information launch displays the Firm’s present views about future occasions, and whereas thought-about affordable by the Firm presently, are inherently topic to important uncertainties and contingencies. Accordingly, there could be no certainty that they’ll precisely mirror precise outcomes. Assumptions upon which such FLI relies embrace, with out limitation: the Firm’s potential to implement its total enterprise technique and to fund, discover, advance and develop every of its tasks, together with outcomes therefrom and timing thereof, the impression of accelerating competitors within the mineral exploration enterprise, together with the Firm’s aggressive place within the trade, basic financial situations, together with in relation to foreign money controls and rate of interest fluctuations, and the Firm being profitable in receiving the entire proceeds of its beforehand introduced onerous money providing.
The FLI contained on this information launch are expressly certified of their entirety by this cautionary assertion, the “Ahead-Wanting Statements” part contained within the Firm’s most up-to-date administration’s dialogue and evaluation (MD&A), which is out there on SEDAR+ at www.sedarplus.ca . All FLI on this information launch are made as of the date of this information launch. There could be no assurance that such statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on such forward-looking data. The Firm doesn’t undertake to replace or revise any forward-looking data contained herein to mirror new occasions or circumstances, besides as could also be required by relevant securities legal guidelines.
Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this information launch.
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1-833-4-LOMIKO
data@lomiko.com
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