Montreal- (business wire)-Lomiko Metals (Otc 🙂 Inc. (TSX-V: LMR) (Lomiko or Company) are pleased to announce scholarships for management, IR and Committee compensation. As part of the annual short -term and long -term stimulating program, as determined by the Committee, Lomiko announces the awarding of shares of management and consultants for relations with investors, limited shares units (RSUS) for management and RSUS and delayed stake units (DSUS) Committee in accordance with the approved Plan of incentives Omnibus Equity Incentive of 2024.
At the recommendation of the Committee on the Committee, Corporate Management and Appointment (CCGNC), the Committee approved the Giving of the total of 644,446 RSU -I 844.403 DSU’s company directors. A total of 370,370 RSU -Ai 375,000 shares were approved by the Executive President. The company is pleased to announce that it has maintained A. Paul Gill by providing investors’ services in accordance with TSX Venture Exchange policies. The agreement is for a six -month deadline, provided it is restored. Mr. Gill received the possibility of buying up to 110,000 usual shares, which were used for three years at $ 0.135, in accordance with the provisions on the acquisition and in accordance with the Omnibus Equity Stock Plan.
Mr. Gill reports that he is currently holding a total of 596,000 usual shares and 325,000 orders/Option of Lomiko Metals Inc., directly and indirectly. The above transaction is subject to the approval of regulatory bodies. This is a transaction of the length of the arm.
The aim of the Omnibus Equity Plan’s incentive plan is to create a promotional compensation program that is aligned with the long -term goals of the company. Shares, DSUS, RSUS and dogs are approved in accordance with Policy 4.4 “The Safety Compensation of TSX Venture Exchange (The Exchange), the Terms and Conditions on the OMNIBUS IMNIBUS, and the terms of the prizes agreement proving such capital security of compensation.
RSUS: Each assigned RSU can be redeemed for one fully paid and unprofitable shared share of the treasure trove issued from the treasury. The RSUs were assigned until January 24, 2026. The number of RSU approved is calculated on the basis of a fee that will be paid to the director, as recommended by CCGNC and approved the Committee, and was calculated by using a price of $ 0.135 per joint share.
DSUS: Each DSU assigned can be redeemed for one fully paid and unprofitable shared share of the treasure -issued location. For directors, DSUS approved the vest on January 24, 2026 and settled with the Director’s Committee. The number of DSUs approved was calculated on the basis of a fee to be paid to the director, as recommended by CCGNC and approved the Committee, and was calculated using a price of $ 0.135 per joint share.
Stock Options: Options of Management Shares have a five -year term from the award date. The determination schedule is as follows: equal installments of one -third (1/3) on the date of allocation, in the 1st year, the first anniversary of the award date and in the 3rd year, the third anniversary of the award date. Exercise is $ 0.135 per option.
O Lomiko Metals Inc.
The company has mineral interests in its graffiti development in La Loutre in southern Quebec. The location of the La Loutre project is within the territory of the first nation Kitigan Zibi Anishinabeg (KZA). Kza First Nation is part of the Algonquin Nation, and the traditional KZA territory is in the regions of Outaouis and Laurentides. Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 76 mineral requirements in total value of 4,528 acres (45.3 km2).
The La Loutre facility is subject to rocks from Grenville Province from a Pre nut of the Canadian shield. Grenville is formed in conditions that were very favorable for the development of rude -grained, flakes of graphite mineralization from a rich organic organ material during high temperature metamorphism.
Lomiko published an updated mineral resource assessment (net) in the technical report either 43-101 and an assessment of the update mineral resources for the La Loutre, Quebec, Canada, which was prepared on May 11, 2023, prepared by Innovexpl, which was estimated at 64.7 million tons indicated minerals resources on average 4.59% CG per tonne by 3.0 million tonnes of graffiti, which is an increase in tonnage of 184%. The indicated mineral resources increased by 41.5 million tons as a result of drilling campaign in 2022, with 17.5 million tons in 2021, with additional mineral resources reported, and within the marble unit resulted in the addition of 17.5 million tons of mineral resources concluded on average 3.51 % CG per tonne by 0.65 million tons of graffiti contained; and an additional 13,107 meters of drilling in 79 holes completed in 2022 in combination with refining deposit and structural models contributed to the adding most of the mineral resources concluded to the indicated category of mineral resources, compared to the 2021 mineral resources assessment. tonnes and border rating of 1.50% CG (graphite carbon).
In addition to La Loutre, the Lomiko earned its 49% stake in the Bourier project from the critical elements of Lithium Corporation, according to the options, announced on April 27, 2021. The Bourier Project is located near Litia Nezak and critical elements in the south- east of the territory of Eeyou Otchee James Bay in Quebec, consisting of 203 claims for the total position on the field of 10,252.20 hectares (102.52 km2), in The Canadian Lithium Triangle near the James Bay region in Quebec, which is historically located lithium deposits and mineralization of trends.
The company also has an interest in seven early -stage projects in South Quebec, including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low and Carmin covering 328 requirements on 7 projects in the early stage that included 18,622 Hectars in the Laurentian region in Quebec and within the kza territory.
On behalf of the Committee,
Gordana Sleepcev
Executive Director and President and Director, Lomiko Metals Inc.
For more information about the Lomiko Metals, view the website at www.lomiko.com.
Contact us at 1-833-4-Lomiko or e-mail: info@lomiko.com
Alert about forward information
This edition of the news contains information that views in advance in terms of applicable Canadian legislation on value papers based on expectations, estimates, projections and interpretations as on the date of this edition of the news. Information in this edition of the company news; And all other information that is not a historical fact here may be ahead information (fli). All statements, besides the statements of the historical fact, are FLI and can be recognized by using statements that include words such as prediction, plans, continue, evaluated, expect, everyone, will, projects, predicts, predicts, potential, aim, aim of implementation , scheduled, intends, may, maybe, should believe similar words or expressions. FLI in this new edition includes, but not limited to: expected time of completion of closing conditions regarding the acquisition and closing of acquisition, expected expenses of research and time to achieve certain turning points, time to complete research programs; The company’s ability to successfully fund or remain fully funded for the implementation of its business strategy and to explore any of its projects (including capital markets). FLI includes known and unknown risks, assumptions and other factors that can cause real results or effects to vary materially. This FLI reflects the current positions of the company about future events, and although the company considers reasonable at the moment, they are inherently subject to significant insecurities and unforeseen situations. Accordingly, there may be no certainty that they will accurately reflect actual results. The assumptions on which such flius are based on, without restriction: the company’s ability to fulfill the closing conditions of acquisition, including regulatory approval, and complete the transaction in the scheduled time; The ability to implement your business strategy and funding, research, improvement and development of each of their projects, including results from them and time; uncertainty related to receiving and maintaining research, environmental and other permits or approval in Quebec; Impact of increasing competition in mineral research, including a competitive company in the industry; General economic conditions, including in relation to the control of the currency and fluctuations of interest rates.
FLI contained in this news issue is explicitly qualified by this cautious statement, section on statements in advance contained in the latest discussion and analysis of the company management (MD & A), which is available at Sedar+ at www.sedarplus.ca, and at the investor presentation to its website. All FLI in this news issue are made from the date of this news issue. There can be no guarantees that such statements will prove correct, as real results and future events could be significantly different from those provided in such statements. Accordingly, readers should not rely on forward information motionless. The company does not undertake to update or revise any such statement forward or information that is in the future, contained here to reflect new events or circumstances, except that the applicable securities laws can be required.
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See the original version on Businesswire.com: https://www.businesswire.com/news/home/20250124322502/en/
Contact us at 1-833-4-Lomiko or e-mail: info@lomiko.com
Source: Lomiko Metals Inc.
