Lomiko Metals Announces Private Placement for Gross Proceeds of up to C$500,000 and Provides Community Update
2900 – 550 Burrard St., Vancouver, BC, V6C 0A3, Canada ● Ph: 1-833-456-6456 or 1-833-4-LOMIKO ● Website: www.lomiko.com
Lomiko Metals Announces Private Placement for Gross Proceeds of up to
C$500,000 and Provides Community Update
April 13th, 2026 – Montreal, Québec: Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or
the “Company”) is pleased to announce a private placement (the “Offering”) for aggregate gross
proceeds of up to $500,000 through the issuance of 5,000,000 units of the Company (each, a
“Unit”) at a price of C$0.10 per Unit. Each Unit will consist of one common share of the Company
and one -half common share purchase warrant (each whole warrant a “Warrant”), with each
Warrant entitling the holder to acquire one common share of the Company at a price of $0.15 per
share for a period of 3 years following the closing of the Offering (the “Closing”).
The Company intends to use the proceeds of the Offering for general working capital purposes ,
the advancement of the La Loutre natural flake graphite project (the “Project”), and for regional
graphite exploration.
All securities issued shall be subject to a hold period expiring four months and one day from the
Closing. Completion of the Offering is subject to receipt of all necessary regulatory approvals,
including the approval of the TSX Venture Exchange.
Community Update
Lomiko is pleased to announce that it is working more closely with a local construction partner on
further development of the P roject and is currently reviewing a number of mutually beneficial
cooperation opportunities. This working relationship solidifies and demonstrates Lomiko’s
commitment to regional participation and creates community alignment and opportunities not just
for this specific group but also for other service providers and community members via direct
employment, and underscores the importance of critical mineral projects in Quebec and Canada as
economic engines of growth. Lomiko is continuing to work with many local contractors and
Quebec suppliers throughout its study phase, as previously announced, given the region's qualified
workforce and many established engineering services.
Lomiko is working on finalizing the NI -43-101 Preliminary Feasibility Report for its La Loutre
graphite project, with the report expected to be published on or before May 8 th, 2026. The
Preliminary Feasibility study forecasts similar outputs to previously published P reliminary
Economic Assessment of around 97,000 tonnes of concentrate per year for the first 20 years and
39,000tonnes per year for the last 8 years and , also reaffirms that, even with the doubling of the
mine life, which solidifies the Project's sustainability for jobs and industry capacity building, the
Project footprint remains under the 5 % of the total claim package. The project is expected to
support the creation of over 250 jobs during construction and 160 jobs in production. The projected
revenue of C$4.7B can have a significant economic impact on the province and southern Quebec.
The mining and plant are assumed to be operated with a local workforce. (See the company’s news
release issued on March 24th, 2026).
Qualified Person
The technical information in this press release has been prepared and approved by Gordana
Slepcev, P.Eng., who is registered in Ontario as a qualified person as defined by NI 43-101.
The PFS has been prepared by DRA. The contributors to the report are Qualified Persons (“QP”)
under National Instrument 43-101 and are independent of Lomiko for the purposes of the NI 43-
101. The technical content of the PFS and this press release has been reviewed and approved by:
Colin Fyfe, P.Eng., Danielle Demers, P.Eng. ing., David Sims, P.Geo (B.C.), Géo, Denys
Vermette, P.Geo (Qc), Georgi Doundarov, P.Eng. PMP, CCP, M.Sc., Jessica Breault, ing, Jordan
Zampini, P.Eng., Kerrine Azougarh, P.Eng., Marina Iund, P.Geo., M. Sc., Oliver Peters, P.Eng.
About Lomiko Metals Inc.
The Company holds mineral interests in its advanced La Loutre graphite development in southern Quebec.
The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory, which is
situated within the Outaouais and Laurentides regions. Located 180 kilometers northwest of Montreal, the
property consists of one large, continuous block with 76 mineral claims totaling 4,528 hectares (45.3 km2).
The Company also holds an interest in seven early-stage projects in southern Quebec, including Ruisseau,
Tremblant, Meloche, Boyd, Dieppe, North Low, and Carmin, covering 328 claims over 18,622 hectares
in the Laurentian region of Quebec and within KZA territory.
The Company has optioned an early-stage property prospect in the precious metals, antimony, and REES.
The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood, NL, and
south of the Trans-Canada Highway.
On behalf of the Board,
Gordana Slepcev
CEO & President and Director, Lomiko Metals Inc.
For more information on Lomiko Metals, review the website at www.lomiko.com.
Contact us at 1-833-4-LOMIKO or e-mail: [email protected].
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward -looking information" within the meaning of the applicable
Canadian securities legislation that is based on expectations, estimates, projections and
interpretations as at the date of this news release. The information in this news release about the
Company; and any other information herein that is not a historical fact may be "forward- looking
information" (“FLI”). All statements, other than statements of historical fact, are FLI and can be
identified by the use of statements that include words such as "anticipates", "plans", "continues",
"estimates", "expects", "may", "will", "projects", "predicts", “proposes”, "potential", "target",
"implement", “scheduled”, "intends", "could", "might", "should", "believe" and similar words or
expressions. FLI in this new release includes, but is not limited to: the total gross proceeds of the
Offering, the use of proceeds of the Offering, the timing and successful completion of the Offering;
the Company’s ability to successfully fund, or remain fully funded for the implementation of its
business strategy and for exploration of any of its projects (including from the capital markets);
and the expected timing of announcements in this regard. FLI involves known and unknown risks,
assumptions, and other factors that may cause actual results or performance to differ materially.
The FLI in this news release reflects the Company’s current views about future events, and while
considered reasonable by the Company at this time, are inherently subject to significant
uncertainties and contingencies. Accordingly, there can be no certainty that they will accurately
reflect actual results. Assumptions upon which such FLI is based include, without limitation: the
Company’s ability to implement its overall business strategy and to fund, explore, advance and
develop each of its projects, including results therefrom and timing thereof, the intended use of the
gross proceeds of the Offering and the decision of the Company to reallocate a portion of the gross
proceeds of the Offering for sound business reasons , the impact of increasing competition in the
mineral exploration business, including the Company’s competitive position in the industry, and
general economic conditions, including in relation to currency controls and interest rate
fluctuations.
The FLI contained in this news release are expressly qualified in their entirety by this cautionary
statement, the “Forward -Looking Statements” section contained in the Company’s most recent
management’s discussion and analysis (MD&A), which is available on SEDAR + at
www.sedarplus.ca. All FLI in this news release are made as of the date of this news release. There
can be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Ac cordingly, readers
should not place undue reliance on such forward-looking information. The Company does not
undertake to update or revise any forward- looking information contained herein to reflect new
events or circumstances, except as may be required by applicable securities laws.
Neither the 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 news release.