Lomiko Metals Inc. is pleased to announce that subject to acceptance by the TSX Venture Exchange , the Company intends to amend the exercise price of an aggregate of 1,770,000 outstanding common share purchase warrants currently expiring on July 24, 2025 with an exercise price of $0.60 to the 10 day Volume Weighted Average Price of $0.1465 . All other terms of the Warrants will remain the same, including the expiry dates [...]
Lomiko Metals Inc. is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to C$1,000,000 from the sale of the following: up to 4,444,444 units of the Company at a price of C$0.135 per Unit for gross proceeds of up to C$600,000 from the sale of Units. Each Unit will consist of one common share of the Company and one common share purchase warrant exercisable for three years at $0.20. up [...]
Lomiko Metals Inc. is pleased to announce an update on the Yellow Fox, antimony, silver, and gold property acquired from Metals Creek as per news release issued on January 21st, 2025 . 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 [...]
Lomiko Metals Inc. is pleased to announce an update on the feasibility studies at the La Loutre natural flake graphite project in Quebec, Canada. In May 2024, Lomiko Metals was awarded US$8.35 million in Defense Production Act Title III funding from the United States of America's Department of Defense via a Technology Investment Agreement and funding of CA$4.9m from Natural Resources Canada to support further studies and [...]
Lomiko Metals Inc. is pleased to announce grants for management, IR and board compensation. As part of the annual short and long-term incentive program as determined by the Board, Lomiko is announcing the grant of stock options to management and an investor relations advisor, Restricted Share Units to management and RSUs and Deferred Share Units to the Board in accordance with the Company's approved 2024 Omnibus Equity [...]
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 [...]