Lomiko Metals Inc.

Description

Lomiko Metals Inc is a junior natural resource mining that if focused on promoting new green economy using graphite and lithium.

Lomiko Metals operates through two business segment and focuses on the acquisition, exploration, extraction, and development of natural resources.

The mineral exploration company also engages in the production and marketing of power supply goods.

The exploration and development portfolio of Lomiko Metals Ltd includes two properties:

La Loutre Flake Graphite Property

La Loutre Flake Graphite Property is situated nearly 117 kilometers on the northwest edge of Montreal. With 42 mineral claims, the La Loutre Property consists of the Electric Vehicle (EV) Zone and Graphene-Battery (GB) zone.

The Montreal-based is spread in a total land area of 55.09 square kilometers.

The company owns a 100 per cent stake of the project.

Bourier Project

Bourier Project is a lithium project situated in Quebec.

The project comprises of 203 mining claims covering a total area of approximately 102.52 square kilometers.

On May 3, 2021, the mineral exploration firm signed an agreement with Critical Elements Lithium Corp, wherein the latter company granted an exclusive right to earn 70 per cent interest in the Bourier property to Lomiko.

In addition, Lomiko Metals Inc owns a 20 per cent stake of Promethieus Technologies Inc.

Promethieus holds an 80 per cent interest of Graphene ESD Corp and an 18.5 per cent stake of SHD Smart Home Devices.

In a press release dated June 25, 2021, Lomiko Metals Inc was awarded for IoT Power Hub Receptacle a new United States Patent Approval.

The mineral exploration and mining company is listed on the TSX Venture Exchange (TSXV), where its common stocks are traded under the symbol of ‘LMR’.

The British Columbia-based miner also trades its common stocks on Frankfurt Stock Exchange (FSE) and Over the Counter (OTC) Market under ‘LMRMF’ and ‘DH8C’ tickers respectively.