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Lomiko Hires B RIDGE © for Community Relations After Positive PEA

Economic Studies

#439 - 7184 120th Street, Surrey, B.C. V3W 0M6

Lomiko Hires B RIDGE © for Community Relations After Positive PEA

(Vancouver, British Columbia) August 20, 2021 - Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF,

FSE: DH8C) (Lomiko or the “Company”) is pleased to announce that it has retained BRIDGE©, and

its principal and founder Siri C. G enik, to provide strategic advisory services in the development

of relations with the First Nations and local communities surrounding the La Loutre Project for

two additional years beyond the current contract which ends November 30, 2021 . Lomiko

recently published news related to a Preliminary Economic Assessment (PEA) July 29 , 2021 which

provides the basis of consultation with stakeholders.

Ms. Genik has over 25 years of experience working on mining and infrastructure projects in

Canada and around the world. In Québec Ms. Genik has supported several mining clients, as well

as infrastructure projects, with their community relations and stakeholder engagement. She is a

respected subject-matter expert in ESG and Sustainability, Stakeholder Engagement and Strategic

Communications. Ms. Genik will continue to work with the Lomiko Technical, Safety and

Sustainability Committee established in November 2020 to ensure the project receives input from

all stakeholders.

“Lomiko is excited to have Siri join its team and is looking forward to building meaningful and long-

lasting relationships with the surrounding First Nations and local community of the La Loutre

Project, through continued open , transparent and collaborative communication.” stated A. Paul

Gill, CEO.

She is a member of the Board of the Prospectors and Developers Association of Canada (“PDAC”)

and sits on its Sustainability Committee . In 2018 she was awarded the Canadian Institute of

Mining, Metallurgy and Petroleum (“CIM”)’s Distinguished Lecturer Award for CSR. Prior to

founding Bridge© in 2013, Ms. Genik was working w ith BHP in Canada. Ms. Genik is perfectly

fluent in French, as well as English and Spanish. Within the contract, Bridge Consultants will reserve up

to 50 hours per month for project work. In consideration for the Consultant providing the Services, the

Company shall pay to the Consultant a salary of $7,500 per month for up to 50 hours per month, plus

applicable taxes (the “Fee”). In the event the Services are required for more than 50 hours per month, the

Consultant shall invoice for such additional hours at the rate of $215.00 per hour. The agreements contain

termination clauses whereby the company is obligated to pay termination pay of 12 times the salary in case

of termination or change of control.

Lomiko Technical Safety and Sustainability Committee (LTSSC)

Lomiko is focused on the exploration and development of flake graphite in Quebec for the new

green economy. Lomiko established the LTSSC to oversee the assessment of the La Loutre Flake

Graphite Property and liaise with service providers, technical staff and stakeholders to put

forward a series of documents including but not limited to, Graphite Characterization and

Metallurgy, a Preliminary Economic Assessment, and if required pre-feasibility, bulk samples, pilot

#439 - 7184 120th Street, Surrey, B.C. V3W 0M6

plant, feasibility and construction. The Committee is responsible for advising the Board of

Directors to make crucial decisions on the project.

Quebec’s Role in The New Green Economy

In 2020, The Quebec Government released the Quebec Plan for Development of Critical and

Strategic Minerals (“The Quebec Plan”) which indicates graphite demand would likely increase

300-500% in the coming decades as more is used in the production of spherical graphite for anode

portion of Electric Vehicle Lithium -ion batteries. Quebec has an opportunity play a vital role in

reducing carbon emissions and become a key provider of critical battery materials to the North

American economy.

For more information on Lomiko Metals, review the website at www.lomiko.com , contact

A. Paul Gill at 604-729-5312 or email: [email protected].

On Behalf of the Board,

“A. Paul Gill”

Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.