Lomiko Metals Hires Mike Petrina for Project Management
#439, 7184 120th Street, Surrey, BC, V3W 0M6● Ph: (778) 228- 1170 ● Fax: (604) 583-1932 ● Website: www.lomiko.com
Lomiko Metals Hires Mike Petrina for Project Management
August 4, 2021 - (Vancouver, B.C.) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE:
DH8C) announces it has appointed Mike Petrina of Little Rock Consultants as Project Manager.
Mr. Petrina is a Mining Engineer with over 30 years of expertise in operations, engineering, and project
development, and is skilled at advancing open pit and underground projects whilst working responsibly with
stakeholders in the local community, Indigenous communities, and investors to maximize project value and
comply with Environmental, Social and Governance (ESG) requirements . His experience ranges from
working with smaller technical teams to large operations workforces.
Mr. Petrina’s experience with advanced stage projects in the Pre -Feasibility and Feasibility Stages will be
extremely helpful as Lomiko proceeds with La Loutre Project.
Within the contract, Little Rock Consultants will reserve up to 65 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 65 hours per month, plus applicable taxes (the “Fee”). In the event the Services
are required for more than 65 hours per month, the Consultant shall invoice for such additional hours at the
rate of $115.00 per hour. The agreements contains termination clauses whereby the Company is obligated
to pay termination pay of 12 times the salary in case of termination or change of control.
Further, the Company advises that it has granted stock options to its directors, officers and consultants for an
aggregate of 5,000,000 common shares, exercisable at $0.12 cents per share for five years.
Where required, the option agreements to be issued will be subject to the TSX four (4) month hold period
and will be granted in accordance with the Company’s Stock Option Plan.
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 and Director
We seek safe harbor.
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.