Lomiko Metals Inc. is pleased to announce that it will apply to the TSX Venture Exchange to close its private placement announced on November 23, 2023, pursuant to which it will issue 16,666,666 units at $0.03 per Unit for gross proceeds of $500,000. Each unit consists of one common share and one common share purchase warrant . Each Hard Warrant entitles the holder to acquire one common share at a price of $0.05 for a [...]
Lomiko Metals Inc. is pleased to announce the launch of a private placement to support the Company's progress with its graphite and lithium projects in Quebec, Canada. The Private Placement will consist of hard dollar units for gross proceeds of up to $500,000. Belinda Labatte, CEO and Director of Lomiko Metals: "Lomiko has accomplished many milestones in the last 18 months, including an updated Mineral Resource Estimate [...]
Lomiko Metals Inc. reflects on the news regarding China's announcements to limit and restrict graphite exports, both natural flake graphite and synthetic graphite. These restrictions are set to take effect starting December 1st, 2023. This announcement underlines the importance of developing Canadian graphite projects, including the next phase of studies at the La Loutre natural flake graphite project, to ensure a secure [...]
Lomiko Metals Inc. is pleased to provide an update on its operations, market conditions and corporate activities. Belinda Labatte, CEO and Director, stated: "Partnerships and collaborations are a key Lomiko Advantage: we are pleased to be progressing with metallurgical testing with our partners the National Research Council of Canada and Corem, along with support from CRITM, the National Research Council of Canada [...]
Lomiko Metals Inc. announces that it has closed off its private placement and was successful in raising $401,000 through the issuance of 13,366,666 units at $0.03. Each unit consists of one common share and one warrant exercisable at $0.05 for 60 months. Finder fees of $2,550.00 cash, issuance of 416,667 common shares and a warrant has been issued for the right to acquire 85,000 common shares exercisable for five years at [...]
Lomiko Metals Inc. is pleased to announce that it will apply to the TSX Venture Exchange to close its previously announced flow-through unit offering pursuant to which the Company will issue 17,700,000 flow-through units at a price of $0.03 per FT Unit for a total of $531,000. Each FT Unit consists of one common share that will qualify as a "flow-through share" within the meaning of the Income Tax Act and one common share [...]
Lomiko Metals Inc. is pleased to announce that further to its press release dated June 16, 2023, the Company secured up to $500,000 in funding from federal and provincial agencies to continue advancing pre-feasibility level battery trials with its La Loutre natural flake graphite concentrate. Lomiko has succeeded in obtaining a grant from the Consortium de recherche et d'innovation en transformation métallique to complete [...]
Lomiko Metals Inc. is pleased to announce that it will apply to the TSX Venture Exchange to close a first tranche of its previously announced private placement pursuant to which it will issue 13,366,666 units at $0.03 per Unit for gross proceeds of $401,000. Each unit consists of one common share and one common share purchase warrant . Each Hard Warrant entitles the holder to acquire one common share at a price of $0.05 [...]
Lomiko Metals Inc. is pleased to report the results of a successful Beep-Mat prospecting and sampling program recently completed by Breakaway Exploration Management Inc. on the Grenville Graphite Mineral Belt regional claims. 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 [...]
Lomiko Metals Inc. is pleased to announce the launch of a private placement to support the Company's progress with its graphite and lithium projects. The Private Placement will comprise of a hard dollar component for gross proceeds of up to $2,100,000 and of a flow-through component for gross proceeds of up to $500,000, as described herein. Belinda Labatte, CEO and Director of Lomiko Metals: "Lomiko has accomplished many [...]
Lomiko Metals Inc. advises that it has applied and received TSX-V approval for the acquisition agreement entered among SOQUEM Inc. and a private owner to acquire 100% of 17 mineral claims forming the Carmin project . The Property covers 678 hectares . The Property is located 40 km west of Mont Tremblant, situated north-east and contiguous to the La Loutre property where the Company has mineral rights. The Property is [...]
Lomiko Metals Inc. is pleased to announce that it has filed the Mineral Resource Estimate Technical Report following National Instrument 43-101 - Disclosure Standards for Mining Projects on its La Loutre Project, where Lomiko has mineral rights. The technical report entitled "NI 43-101 Technical Report and Mineral Resource Estimate Update for the La Loutre Project, Quebec, Canada" and dated May 26, 2023 was prepared for [...]