Lomiko Metals Inc. is pleased to announce that it has entered into an agreement with Metals Creek Resources Corp. to acquire 100% of 28 mineral claims forming the Yellow Fox project , subject to customary closing conditions . These claims cover the Property, which consists of 28 contiguous claim units in two licenses for a total of 7 sq. km; licenses 027536M and 037936M . The Acquisition Agreement is subject to approval [...]
Lomiko Metals is pleased to announce numerous high-grade results from work on four properties included in the Laurentian Project. The work in the late Summer and Fall of 2024 involved "Beep-Mat" prospecting and sampling along airborne geophysical trends and extending sampling from surface graphite showings previously found by the Company. Highlights: Ruisseau - grades up to 27.9 percent carbon graphite from four distinct [...]
Lomiko Metals Inc. is pleased to announce that on December 19, 2024, shareholders approved all the resolutions put forth at the Annual and Special Meetings of Shareholders. The number of Directors was set at four and each of the following individuals was elected as directors of the Company: Belinda Labatte, Dominique Dionne, Lee Arden Lewis and Mary Juetten. In addition, subsequent to the meeting, the Board of Directors [...]
Lomiko Metals Inc. is pleased to announce that effective December 19, 2024, Gordana Slepcev, currently Chief Operating Officer, will assume the role of Chief Executive Officer and Belinda Labatte remain as Executive Chair. The Company will not be replacing the Chief Operating Officer role. Belinda Labatte, CEO and Interim Chair of the Board remarked: "As partners with shared values and vision for the growth of this [...]
Lomiko Metals Inc. is pleased to announce that it has applied to the TSX Venture Exchange to close a private placement offering pursuant to which the Company will issue 2,548,157 units at $0.135 for a total of $344,001.20. Each unit consists of one common share and one warrant exercisable at $0.20 for a period of 36 months. An insider of the Company subscribed for a total of 370,370 Units. As such, this participation [...]
Lomiko Metals Inc. is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to C$1,050,000 from the sale of the following: up to 3,703,703 units of the Company at a price of C$0.135 per Unit for gross proceeds of up to C$500,000 from the sale of Units; and up to 3,437,500 flow-through units of the Company at a price of C$0.16 per FT Unit for gross proceeds of up to C$550,000 from the sale [...]
Lomiko Metals Inc. The Company announces that it will be making an application to the TSX Venture Exchange to settle a portion of outstanding debts in the amount of $90,000 Cdn. through the issuance of 545,455 common shares at a deemed value of $0.165. The creditors are insiders of the Company. The closing of the shares for debt application and the issuance of the shares is subject to the TSX Venture Exchange approval [...]
Lomiko Metals Inc. is pleased to announce that the 2024 Beep-Map prospecting and sampling program is well underway on the Grenville Graphite Mineral Belt regional graphite exploration project. The "Grenville" project includes 268 mineral claims covering 15,639 hectares on six blocks in the Laurentian region of Quebec, approximately 200 kilometers northwest of Montréal within a 100 km radius of the Company's flagship La [...]
Lomiko Metals Inc. is pleased to announce the following updates. Management will present or participate at the following conferences and continue to lead discussions regarding the responsible development of graphite in Quebec, Canada, to meet the long-term demand for this critical mineral in North America. EY2024 Americas Metals and Mining Forum, EY's annual flagship industry event, September 12, 2024 . Energy and Mines [...]
Lomiko Metals Inc. is pleased to announce that the Lomiko team represented by Belinda Labatte, Bradley Barr and Cindy Valence were present in the municipality of Duhamel as part of the ongoing information sessions. Lomiko has previously announced a regular presence in the municipalities, starting this summer, to be in proximity to local communities with information sessions, the first being July 21 in Duhamel. In addition [...]
Lomiko Metals Inc. is pleased to announce that following the effective date of the previously announced share consolidation update on July 11th, 2024, the Company has applied to the TSX Venture Exchange to close its previously announced flow-through unit offering pursuant to which the Company will issue 1,463,415 flow-through units at a price of $0.41 per FT Unit for a total of $600,000. Each FT Unit consists of one [...]
Further to the news release issued on June 24, 2024, the Company will be completing a consolidation of the Company's share capital on a ten old for one new basis. The Consolidation was approved by the Company by way of directors' resolution. No shareholder approval was required for the Consolidation to come into effect. The Company's board of directors has set July 15, 2024, as the effective date of the Consolidation and [...]