Lomiko Metals Inc. (TSX.V: LMR) (the “Company”) 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 (5) years at $0.05. The proceeds from the private...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) 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 (the “ FT 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 (Canada) and...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) 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 (CRITM) to complete studies...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) 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 (each a " Unit ") at $0.03 per Unit for gross proceeds of $401,000. Each unit consists of one (1) common share and one common share purchase warrant (each a " Hard Warrant "). Each Hard Warrant entitles the holder to acquire one (1)...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to report the results of a successful Beep-Mat prospecting and sampling program recently completed by Breakaway Exploration Management Inc. (“Breakaway”) 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. (TSX.V: LMR) (« Lomiko Metals » ou la « Société ») a le plaisir d'annoncer les résultats d'un programme de prospection et d'échantillonnage Beep-Mat récemment complété par Breakaway Exploration Management Inc. (« Breakaway ») sur les claims miniers régionaux de la Ceinture minérale de graphite de Grenville. Le projet « Grenville » comprend 268 claims miniers couvrant 15 639 hectares sur six blocs dans la région des Laurentides au Québec, à environ 200...
VANCOUVER, British Columbia, June 30, 2023 (GLOBE NEWSWIRE) -- Lomiko Metals (TSXV:LMR) (OTCQB:LMRMF) (FSE:DH8C), focused on critical minerals in Quebec, recently announced two non-brokered private placements. The company plans to raise up to $2.1 million from the placement of up to 70 million regular units priced at $0.03 per unit, with each unit consisting of one share and one warrant, with the warrant exercisable at $0.05 for 60 months. The company also plans to raise up to $500,000 from the...
Lomiko Metals Inc. (TSX.V: LMR) ("Lomiko Metals" ou la "Société") a le plaisir d'annoncer le lancement d'un placement privé (le " placement privé ") pour soutenir les progrès de la Société dans ses projets de graphite et de lithium. Le placement privé comprendra une composante en espèces sonnantes et trébuchantes pour un produit brut pouvant atteindre 2 100 000 $ et une composante accréditive pour un produit brut pouvant atteindre 500 000 $, tel que décrit dans le présent document....
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the launch of a private placement (the " 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...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) 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”). The Property covers 678 hectares (6,780 Sq km). 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...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce that it has filed the Mineral Resource Estimate (MRE) 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 (with an effective date...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce results of the spherical graphite (“SPG") lab scale testing for its La Loutre Natural flake Graphite property (‘’La Loutre Project’’), located approximately 180 kilometres northwest of Montréal in the Laurentian region of Québec. The La Loutre Project is located within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory. The testing was completed by ProGraphite in Germany on a...
Lomiko Metals Inc. (TSX. V : LMR) (« Lomiko Metals » ou la « Société ») a le plaisir d’annoncer une mise à jour de l’estimation des ressources minérales (« ERM ») pour sa propriété de graphite en paillettes naturel de La Loutre (« projet La Loutre »), située à environ 180 kilomètres au nord-ouest de Montréal, dans la région des Laurentides au Québec. Le projet La Loutre est situé sur le territoire de la Première Nation Kitigan Zibi Anishinabeg (KZA). L’estimation a...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce an updated Mineral Resource Estimate ("MRE") for its La Loutre Natural flake Graphite property (‘’La Loutre Project’’), located approximately 180 kilometres northwest of Montréal in the Laurentian region of Québec. The La Loutre Project is located within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory. The estimate was completed in accordance with the Canadian Institute of...
Lomiko Metals Inc. (TSX.V : LMR) (« Lomiko Metals » ou la « Société ») a le plaisir d'annoncer qu'elle a conclu une entente (l' « Entente d'acquisition ») avec SOQUEM et un propriétaire privé pour acquérir 100 % de 17 claims miniers formant le projet Carmin (la « Propriété »), sous réserve des conditions de clôture habituelles qui devraient être remplies d'ici 3 à 4 semaines (la « Date de clôture »). Ces claims couvrent 678 hectares (6 780 km2). L'accord a été signé le 2...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce that it has entered into an agreement (the “Acquisition Agreement”) with SOQUEM and a private owner to acquire 100% of 17 mineral claims forming the Carmin project (the “Property”), subject to customary closing conditions expected to be completed within the next 3 to 4 weeks (the “Closing Date”). These claims cover 678 hectares (6,780 Sq km). The agreement was signed on March 2, 2023....
Lomiko Metals Inc. (TSX.V: LMR) (the “Company” or “Lomiko”) is announcing the grant of stock options to management and advisors as part of a long-term incentive program as determined by the Board, and RSUs and deferred share units (“DSUs”) to the Board in accordance with the Company’s 2022 Omnibus Equity Incentive Plan adopted at the Annual General Meeting (“AGM”). Grants under the 2022 Omnibus Equity Incentive Plan On the recommendation of the Compensation, Corporate...
Lomiko Metals Inc. (TSX.V : LMR) (« Lomiko Metals » ou la « Société ») a le plaisir d'annoncer les mises à jour suivantes concernant l'exploration régionale. La Société a jalonné environ 268 claims miniers couvrant 15 639 hectares sur six blocs dans la région des Laurentides au Québec, à environ 200 kilomètres au nord-ouest de Montréal, sur le territoire de la Première nation Kitigan Zibi. Ces nouveaux blocs de claims sont situés dans un rayon de 100 km du projet phare de...
Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the following regional exploration updates. The Company has staked approximately 268 mineral claims covering 15,639 hectares on six blocks in the Laurentian region of Quebec, approximately 200 kilometres northwest of Montréal within the Kitigan Zibi First Nation’s territory. These new claim blocks lie within a 100 km radius of the Company’s flagship La Loutre graphite project. This press...
Lomiko Metals Inc. (TSX.V : LMR) (« Lomiko Metals » ou la « Société ») a le plaisir d’annoncer une mise à jour sur les études d’optimisation de l'élaboration du diagramme du concentrateur et du développement de procédés de graphite à valeur ajoutée, comme détaillé ci-dessous. Lomiko Metals a réalisé un programme d'études de préfaisabilité (EPF) d'optimisation de diagramme de flottaison qui a débouché sur un diagramme pour l'EPF de la propriété La Loutre de la...