Lomiko Metals Business Summary

Lomiko Metals Inc. (LMRMF) operates as a critical minerals exploration and development firm focused on establishing a North American "rock-to-battery" supply chain. The company currently generates no operational revenue, as its business model is centered on the acquisition and de-risking of resource properties to eventually supply high-purity (99.95%) spherical graphite for the electric vehicle (EV) and energy storage sectors. Its primary business segments are divided by asset class: the flagship La Loutre graphite project in Quebec, which is undergoing a Pre-Feasibility Study (PFS) as of Q1 2026, the Bourier lithium project, and the Yellow Fox critical metals property. Lomiko competes directly with established and emerging graphite developers such as Northern Graphite, Focus Graphite, and NextSource Materials, positioning itself as a high-grade, ESG-compliant alternative strategically located near North American battery manufacturing hubs. The leadership team is anchored by President and CEO Gordana Slepcev, a Professional Mining Engineer with over 25 years of experience in global mining operations and project financing, who previously served as COO of Anaconda Mining. She is supported by CFO Robert Boisjoli, a Fellow Chartered Professional Accountant with 35 years of experience in merchant banking and mining advisory, and Executive Chair Belinda Labatte, who brings two decades of capital markets and strategic development expertise. The board was recently strengthened in late 2025 with the appointment of aviation executive Patrick Robert, alongside independent directors Dominique Dionne and Mary Juetten. Notably, the company’s development efforts are significantly de-risked by strategic non-dilutive funding from the U.S. Department of Defense (DoD) and Natural Resources Canada (NRCan), which together contribute a substantial portion of the pilot program and study costs.