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Lomiko Metals Updates Bourier Lithium Project Terms and Investor Event Schedule

Lomiko Metals Inc. (TSX.V: LMR) has announced an amendment to the agreement terms with Critical Elements Lithium Corporation on the Bourier Lithium Project, alongside a series of investor events.

Amendment to Bourier Project Agreement

Lomiko now has until December 31, 2025, to increase its interest in the project from 49% to 70%. This involves a payment of $250,000, issuance of 2.5 million Lomiko shares, a commitment of $2 million in additional exploration expenditures, and delivering a NI 43-101 compliant resource estimate by the end of 2025.

Upcoming Investor Events

CEO Belinda Labatte will present at the Battery and Precious Metals Virtual Investor Conference on February 1, 2024. Also, join us at PDAC, Toronto from March 3 to 6, 2024, where Belinda Labatte will present about Quebec’s mining ecosystem.

About Lomiko Metals Inc.

With interests in the La Loutre graphite development in Quebec, the company is set on supplying critical minerals for the growing market. La Loutre boasts a significant Indicated Mineral Resource totaling 64.7 million tonnes at 4.59% Cg.

For inquiries, contact Gordana Slepcev or Belinda Labatte at 1-833-456-6456 or via email.

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