Lomiko Metals Provides Market and Corporate Update

Lomiko Metals Inc. issued a comprehensive corporate update emphasizing the strategic positioning of its La Loutre graphite project within Canada's expanding critical minerals framework. The company highlighted Canada's leadership role in G7 critical minerals agreements, including the Critical Minerals Production Alliance launched at the June 2025 G7 Leaders' Summit in Kananaskis, Alberta, and the forthcoming $2-billion Critical Minerals Sovereign Fund announced in the 2025 federal Budget.

The market context underscores graphite's critical importance to energy security and defense supply chains, particularly as China dominates global graphite processing and faces U.S. tariffs on Chinese anode materials. Lomiko's La Loutre project in Quebec represents a strategic non-China graphite source for North American supply chains. The project holds significant mineral resources with 64.7 million tonnes of Indicated Mineral Resources averaging 4.59% graphitic carbon, containing 3.0 million tonnes of graphite, representing a 184% tonnage increase from previous estimates.

The company successfully resolved a cybersecurity incident from November 2025, implementing enhanced security measures and reaching a satisfactory cash settlement with affected parties. Lomiko is pursuing legal action against the Bank of Nova Scotia to recover remaining misdirected funds. The company continues advancing its pre-feasibility study for completion by end of Q1 while developing downstream production capabilities.

Lomiko's broader portfolio includes seven early-stage graphite projects across southern Quebec, with recent exploration results showing grades up to 27.9% graphitic carbon at the Ruisseau project. The company's strategic positioning within Kitigan Zibi Anishinabeg First Nation territory and proximity to Montreal provides logistical advantages for North American market access. As governments advance critical mineral stockpiling and coordinated procurement policies, Lomiko is well-positioned to benefit from the growing emphasis on supply chain diversification and security.