Business Wire

Lomiko Metals Receives Final Order Approving Arrangement With Global Battery Materials

Business Wire

VANCOUVER, British Columbia, September 28, 2026--Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) ("Lomiko" or the "Company") is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the previously announced plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia).

The Arrangement remains subject to certain customary closing conditions, including the receipt of stock exchange approval. If the necessary approval is obtained and the other conditions to closing are satisfied or waived, it is anticipated that the Arrangement will be completed by the parties in October, 2026.

Information Concerning the Arrangement

The terms of the Arrangement and the arrangement agreement are further described in the Company's management information circular dated August 26, 2026 (the "Circular") and related materials for the special meeting of securityholders of the Company held on September 23, 2026, all of which are available under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.lomiko.com.

About Lomiko Metals Inc.

The Company holds mineral interests in its advanced La Loutre Graphite Project in southern Québec. The La Loutre Graphite Project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation's territory, which is situated within the Outaouais and Laurentides regions. Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 76 mineral exclusive exploration rights totaling 4,528 hectares (45.3 km2). The Company also holds an interest in seven early-stage projects in southern Québec, including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low, and Carmin, covering 328 exclusive exploration rights over 18,622 hectares in the Laurentian region of Québec and within KZA territory. The Company has optioned an early-stage property prospect in the precious metals, antimony, and REEs. The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood, NL, and south of the Trans-Canada Highway.

For more information on Lomiko, visit the website at www.lomiko.com.

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 or accuracy of this release.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information may be identified by statements including words such as: "anticipate," "intend," "plan," "budget," "believe," "project," "estimate," "expect," "scheduled," "forecast," "strategy," "future," "likely," "may," "to be," "could," "would," "should," "will" and similar references to future periods or the negative or comparable terminology, as well as terms usually used in the future and the conditional.