MONTREAL-(BUSINESS WIRE)-Lomiko Metals (OTC:) Inc. (TSX-V: LMR) (Lomiko or the Company) is pleased to announce grants for Management, IR and Board Consultation. As part of the annual short- and long-term incentive program as determined by the Board of Directors, Lomiko announces the grant of stock options to management and the Investor Relations Advisor, Restricted Stock Units (RSUs) to management and RSUs and Deferred Stock Units (DSUs) to the Board of Directors pursuant to the Equity Incentive Plan. Omnibus approved from 2024.

Based on the recommendation of the Compensation, Corporate Governance, and Nominating Committee (CCGNC), the Board of Directors approved the award of a total of 644,446 RSU and 844,403 DSU to the Company’s directors. Management including the CEO were awarded a total of 370,370 RSU and 375,000 stock options were issued. The Company is pleased to announce that it has retained A. Paul Gill to provide investor relations services in accordance with the policies of the TSX Venture Exchange. The agreement is for a period of six months, subject to renewal. Mr. Gill has been granted an option to purchase up to 110,000 common shares, exercisable for a period of three years at a price of $0.135, subject to downgrade terms and in accordance with the Company’s Omnibus Equity Stock Plan.

Mr. Gill reports that he currently holds a total of 596,000 common shares and 325,000 Lomiko Metals Inc. warrants/options. , directly and indirectly. The above transaction is subject to approval by regulatory authorities. This is an arm’s length transaction.

The goal of the 2024 Omnibus Equity Incentive Plan is to create an incentive compensation program that is aligned with the company’s long-term goals. Stock options, DSUs, RSUs and PSUs are granted in accordance with Policy 4.4 “Security-Based Compensation of the TSX Venture Exchange (Exchange), the terms and conditions of the 2024 Omnibus Stock Incentive Plan and the terms of the Award Agreement denoting such stock security of compensation.

RSU: All earned RSU can be redeemed for a fully paid, non-assessable common share of Lomiko issued by the Treasury. The RSU is calculated by January 24, 2026. The number of RSUs granted was calculated based on the compensation to be paid to the Director, as recommended by the CCGNC and approved by the Board, and was calculated using a price of $0.135 per common share.

DSU: All DSU earned can be redeemed for a fully paid, non-assessable common share of Lomiko issued by the Treasury. For directors, the DSU granted a jacket on 24 January 2026, settled on the director’s retirement from the board. The number of DSUs granted was calculated based on the compensation to be paid to the Director, as recommended by the CCGNC and approved by the Board, and was calculated using a price of $0.135 per common share.

Stock Options: Management stock options have a term of 5 years from the date of grant. The flipper schedule is as follows: equal installments of one-third (1/3) on the grant date, in the first year, the first anniversary of the grant date and in the third year, the third anniversary of the grant date. Exercise is $0.135 per option.

About Lomiko Metals Inc.

The company has mineral interests in the Graphite La Loutre development in southern Quebec. The La Loutre Project site is located within the territory of Kitigan Zibi Anishinabeg (KZA) First Nation. The KZA First Nation is part of the Algonquin Nation, and the KZA Traditional Territory lies within the Outaouais and Laurentides regions. The property is located 180 kilometers northwest of Montreal, and consists of one large, continuous block with 76 mineral claims totaling 4,528 hectares (45.3 km²).

The La Loutre property was nominated by the Rocks of the Grenville District of the Canadian Shield before the waves. Grenville was formed under conditions that were highly favorable for the development of Flake-type graphite-rich mineralization during high-temperature metamorphism.

Lomiko published an updated Mineral Resource Estimate (MRE) in Technical Report NI 43-101 and Updated Mineral Resource Estimate for the La Loutre Project, Quebec, Canada, prepared by Innovexplo on May 11, 2023, which estimates 64.7 million tonnes of indicated mineral resources that averaged 4.59% of kilograms per ton for 3.0 million tons of graphite, which is an increase in tonnage by 184%. Indicated Mineral Resources increased by 41.5 million tons as a result of the 2022 drilling campaign, from 17.5 million tons in 2021 with additional mineral resources reported in the DOP and within the Marble Units, resulting in an additional 17.5 million tons of Inferred Mineral Resources at 3.51% CG per ton versus 0.65 million tons of graphite present; An additional 13,107 meters of drilling in 79 holes completed in 2022 combined with improved deposit and structural models contributed to adding the majority of the inferred mineral resources to the indicated mineral resource category, relative to the 2021 Mineral Resource Estimate. Assumed MRE of US$1,098.07 per tonne Of graphite price and cutting grade 1.50% CG (Carbon Graphite).

In addition to La Loutre, Lomiko has acquired its 49% interest in the Bourier Project from Critical Elements Lithium Corporation pursuant to an option agreement announced on April 27, 2021. The Bourier Project is located near Nemaska ​​Lithium and the Critical Elements south-east James Bay Territory. James in Quebec, which consists of 203 claims with a total position of 10,252.20 ha (102.52 km2) , in Canada’s Lithium Triangle near the James Bay region of Quebec that historically includes lithium deposits and blind legs.

The company also has interest in seven early stage projects in southern Quebec including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low and Carmin covering 328 claims in a total of 7 early stage projects covering 18,622 hectares in the Laurentian region of Quebec and within KZA territories.

On behalf of the Council,
Gordana blinds
CEO, directors and director, Lumiko Males.

For more information about Lomiko Metals, see the website at www.lomiko.com.

Contact us at 1-833-4-Lomiko or email: info@lomiko.com

Cautionary note regarding forward-looking information

This news release contains forward-looking information within the meaning of applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as of the date of this news release. The information contained in this press release about the company; Any other information here that is not 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 forecasts, plans, continues, anticipates, anticipates, may, projects, forecast, propose, potential, target, implement, scheduled, intends, could, may, should, believe and similar words or expressions. The FLI in this new release includes, but is not limited to: expected timing for completion of closing conditions in connection with the acquisition and closing of the acquisition, expected costs of exploration and timing for achieving certain milestones, timing for completion of exploration programs; The company’s ability to successfully finance, or remain fully funded to implement its business strategy and explore any of its projects (including from the capital markets). FLI involves known and unknown risks, assumptions and other factors that could cause actual results or performance to differ materially. These FLI reflect the Company’s current views on future events and, although the Company is considered reasonable at this time, are inherently subject to significant uncertainties and contingencies. Accordingly, there can be no certainty that they will accurately reflect actual results. The assumptions on which this FLI is based include, without limitation: the Company’s ability to satisfy the closing conditions of the acquisition, including regulatory approval, and complete the transaction in the expected timing; the ability to implement its business strategy and to finance, explore, develop and develop each of its projects, including the results thereof and their timing; uncertainties related to receiving and maintaining exploration, environmental and other permits or approvals in Quebec; the impact of increased competition in the mineral exploration business, including the Company’s competitive position in the industry; General economic conditions, including with respect to currency controls and interest rate fluctuations.

The FLI contained in this news release is expressly qualified in its entirety by this cautionary statement, which is the forward-looking statement section contained in the Company’s recent management’s discussion and analysis (MD&A), which is available on SEDAR+ at www.sedarplus.ca, and on the investor presentation on its website On the web. All FLIs in this news release are issued 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. Accordingly, readers should not rely on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required under 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 of this press release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

View source version on BusinessWire.com: https://www.businesswire.com/news/home/2025012432502/en/

Contact us at 1-833-4-Lomiko or email: info@lomiko.com

Source: Lomiko Metals Inc.