Lomiko Metals Inc. (TSXV : LMR) agreed to acquire Carmin Natural Flake Graphite Property in Southern Quebec from SOQUEM Inc. and others on March 2, 2023. Lomiko Metals will pay (i) CAD 50,000 payable in cash to SOQUEM in a single payment on the closing date and will (ii) issuance to SOQUEM of 1,250,000 shares. Lomiko Metals will also issue 1,250,000 shares to unknown owner. The transaction is subject to customary closing conditions including the approval of the TSX Venture Exchange. The shares issuable by Lomiko under this transaction will be subject to a regulatory hold period of 4 months and 1 day following the closing date. As on June 1, 2023 Lomiko Metals Inc. received TSX Venture Exchange approval for the acquisition agreement.

Lomiko Metals Inc. (TSXV : LMR) completed the acquisition of Carmin Natural Flake Graphite Property in Southern Quebec from SOQUEM Inc. and others on June 1, 2023.