Lomiko Metals Inc (LMR) News

LMRMF: effective July 15,2024 a one for 10 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

May 16, 2024 – Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce that it has been awarded a Department of Defense (“DoD”) Technology Investment Agreement (“TIA”) grant of US$8.35 million (approximately CA$11.4 million) where Lomiko will match the funding over a period of 5 years, for a total agreement with the DoD of US$16.7 million. The grant falls under Title III of the Defense Production Act and is funded through the Inflation Reduction Act to ensure energy security in North America. This grant funding is to strengthen and expand the industrial base for natural flake graphite in North America. This is one of the first agreements the Department of Defence (“DOD”) is granting in TIA funding to a Canadian management team and asset, at this stage of development. In addition, and concurrent to the grant awarded by the DoD, the Company has also been approved for funding of CA$4.9 million in a non-repayable contribution agreement from the Critical Mineral Research, Development and Demonstration (CMRDD) program administered by Natural Resources Canada with the total project cost being CA$6.6 million. The objective of the program is to pilot the proposed graphite upgrading process and convert La Loutre natural flake graphite into battery-grade anode material.

https://www.otcmarkets.com/stock/LMRMF

This aged well. lol.

website at http://www.lomiko.com

GRAPHITE Lomiko Metals published its April 13, 2023 Updated Mineral Resource Estimate (MRE) which estimated 64.7 million tonnes of Indicated Mineral Resources averaging 4.59% Cg per tonne for 3.0 million tonnes of graphite, a tonnage increase of 184%. Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 million tonnes in 2021 MRE, with additional Mineral resources reported down-dip and within marble units resulted in the addition of 17.5 million tonnes of Inferred Mineral Resources averaging 3.51% Cg per tonne for 0.65 million tonnes of contained graphite; and the additional 13,107 metres of infill drilling in 79 holes completed in 2022 combined with the refinement of the deposit and structural models contributed to the addition of most of the Inferred Mineral Resources to the Indicated Mineral Resource category, relative to the 2021 Mineral Resource Estimate. The MRE assumes a US$1,098.07 per tonne graphite price and a cut-off grade of 1.50% Cg (graphitic carbon).

About Lomiko Metals Inc.
The Company holds mineral interests in its La Loutre graphite development in southern Quebec. The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory. The KZA First Nation is part of the Algonquin Nation, and the KZA traditional territory 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 claims totaling 4,528 hectares (45.3 km2).

The Property is underlain by rocks from the Grenville Province of the Precambrian Canadian Shield. The Grenville was formed under conditions that were very favorable for the development of coarse-grained, flake-type graphite mineralization from organic-rich material during high-temperature metamorphism.

LMRMF
Lomiko Metals Inc (QB)
0.0149
0.0009 (6.43%)
Volume: 65,000
Day Range: 0.0149 - 0.0151
Last Trade Time: 11:03:48 AM EST

The PEA says the mine will open 2025 and the PFS drilling will start this Spring. What else do you need to know? Oh, and Promethieus will be raising funds to purchase @LomikoTech - $ 1.4 non-dilutive AND they have over $ 4 mil in the bank anyway. It's way too cheap.

So even at five cents one should not dip thier toe in (29% lower than now) ?

Thanks for your thoughts



Believe me I know or am aware of their charts' "lameness"
But (coming from a chart-person).....if the chart's saying "Hey maybe" then....perhaps it'd work.


Because that's TOTALLY implying that........"there's just something about" .05


However, note : Looks like that face charts' line is at .06

Lomiko is as risky as it gets. And so far have delivered nothing. Forget the charts. What have they delivered. I’ve seen them change course to promote the flavour of the year, only to blow funds and deliver nothing. Anyone remember the so called 3D printer they were supposed to build? Lol.

Selling shares is the name of the game. Until they get runs on the board to prove themselves then NOBODY should be buying. Period.

Regardless IMHO

There's actually a 3rd chart to add to that mix.....












The graphites have been going thru an awfully tough spell (as perhaps U know) ?





Iand yet, it MAY simply be that ones' timing is.......CRUCIAL !?


Having said that,
I can only hope that my charts have not lead some astray....





Wow......That was their very high (that day) !



Wait.....NOW I remember what was happening back then !

A high of .135 back then.....* Middle of January !......Right before its' .17 cent spike high

Lomiko is a lifestyle company for the board. They have done nothing in the 7 plus years I have followed them. Zip. Nada.

Don't know WHAT to make of this one.....Park a bid at .05 ?




One year later

Kicking the tires here again

nobody seems to notice this one

futr

https://promethieus.com

LMRMF ! LOADED LAST WEEK ! Looks like bottom to me....gl

Sick joke there.

Doesn't take a chemistry or physics expert to tell you, the batteries are CARBON BOMBS, bury a used one of those, and its 10,000X the carbon toxic waste of 2000 car emissions annually. Yeah, go look that fact up.

Even Elon Musk's recycling process for the Lithium+ batteries, graphite and call, put out 500X more carbon emission/waste fumes that the same amount of cars annually, and Musk's company admits it too.

There is NO carbon footprint emission cut with electric cars. It's just dispensed in a different way. Carbon in the air, or a much faster excess-carbon poisoning in the ground. Facts are Facts.

Anyone lying about it on this board won't help at all.

Replay Emerging Growth Conference 13:
Youtube.com/EmergingGrowthConference

Register for the next Conference

Registration Link Here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165322183

$BNNLF $BMN
$LMRMF $LMR
$SWISF $SWIS
$NECA
$FTXP
$DBLVF $DBG

Who do you want to see on the next Conference?
Conference@EmergingGrowth.com

Or call the number on:
EmergingGrowth.com/Conference

$LMRMF $LMR CEO Live on the Emerging Growth / Investors Hub Conference in 30 minutes

Watch Link Here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165265529

Other Companies Presenting:
$SWISF $SWIS
$NECA
$FTXP
$DBLVF $DBG

Presenting Now
$BNNLF $BMN

Lomiko Metals $LMRMF $LMR Presenting Live on the Emerging Growth Conference on August 4, 2021

Registration Link Here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165129833

PEA reports positive results.

Trading HALT 07/27/2021 LMRMF Lomiko Metals Inc Other OTC Halt

Lomiko is proving to be rather aggressive and ambitious in the battery metals space-

futr

$LMRMF ~ New #PR ~ CEO, Paul Gill Presenting on the Emerging Growth Conference this Wednesday, May 26th - Register here: https://theotcexchange.com/news/?news=lmrmf
Also check out their Latest #Interview on Stock Day! https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/

Check out #LMRMF Latest #Interview ~ Discusses La Loutre Graphite & Bourier Lithium Project https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/

$LMRMF ~ #PR & #Interview ~ Discusses Progress of La Loutre Graphite Project and Bourier Lithium Project ~ #LMRMF https://stockdaymedia.com/lomiko-metals-inc-discusses-progress-of-la-loutre-graphite-project-and-bourier-lithium-project-with-the-stock-day-podcast-lmrmf/ 

2 weeks ago

High this morning - .27

This from the first day it hit .135 - January 20th





This on the first day it hit .135 January 20th


15 sessions later



Up 62% from Jan. 20th close .12

MUST-READ Lomiko Metals $LMR.V $LMRMF completed its 100% acquisition of the La Loutre Flake Graphite project

Read more: Lomiko completes is 100% acquisition of La Loutre - $ 1.125 million bet on this property!

$LMR.V $LMRMF #Graphite producer Lomiko Metals on the weekly chart looking like a real breakout.

Electric vehicles will be key to cutting carbon emissions and fighting climate change.

Read more: https://techcrunch.com/

he-he-he.....Who knows ?.........Mkt cap currently is what, 12 mil ?....At .12 cdn

$LMR $LMRMF Lomiko Metals APPOINTS GREGG JENSEN TO THE #LOMIKO BOARD OF DIRECTORS & TO THE TECHNICAL SAFETY & SUSTAINABILITY
COMMITTEE

Lomiko Metals is pleased to report that Mr. Gregg Jensen has accepted an appointment to the Lomiko Board of Directors and to the Lomiko Technical, Safety and Sustainability Committee (“LTSSC”).

Mr. Jensen has over 25 years of experience in Finance and Business management spanning several industries from technology, mining, engineering, to professional services. Mr. Jensen is currently Managing Director of Mavericus Ventures Corp. a private merchant bank investing in early-stage private and public companies. He has also served on several public and private boards and has held several executive roles. Mr. Jensen has led several companies through multiple capital raises, several M&A and joint venture transactions as well as consulting in turning around struggling companies.

Read More: Green Economy and Electric Car Revolution

$LMR $LMRMF Lomiko Metals Diving Into CEO Paul Gill Previous Success

#ElectricVehicle Revolution is Here!

$LMR $LMRMF Lomiko Metals Welcomes Mike Petrina as Project Manager

Read More: globenewswire.com/news-release/2020/12/09/2142187/0/en/LOMIKO-APPOINTS-MIKE-PETRINA-P-ENG-MBA-AS-LA-LOUTRE-PROJECT-MANAGER-AND-TO-THE-BOARD-OF-DIRECTORS

$LMR $LMRMF Lomiko Metals #Mines and Money Well attended a seminar on #CriticalMinerals

$LMR $LMRMF Lomiko Metals #Graphite @DBG just had a #cobalt discovery

Buying

This looks ready to blow.

Deal. I'll trade ya DD for charts :) Hmm Palladium...sounds familiar...I'm on it.

Gotcha. I see part of the confusion. At the time I wrote that the share price was .035-.04 I believe. The share price is now trading over the offering price of .05 which actually makes the offering more attractive for a potential buyer.

The shares that are currently trading don't belong to the company. The company already got the cash benefit when the shares were originally issued so the company doesn't directly benefit when share prices rise.

They need to sell additional shares outside of the trading market through an offering to raise cash. The shares they are offering aren't coming from the pool of shares that are being traded right now but they will be added to that pool which will dilute current shareholders. They need to provide an incentive for someone to pay them cash for the shares directly from them vs. buying shares from the market. The higher the trading price goes, the more attractive their offering is to a potential shareholder because the buyer will get each share at a cheaper price plus a warrant (future share they can sell once share price rises over .10).

The share price closed at .066 CAD, so a hedge fund manager would tell his client that he can give him x number of shares at .05 vs .066 on the open market plus they get another share that they can sell whenever the share price goes over .10.

So the new shareholders get a better deal on shares, the company gets the cash they need, and current shareholders own a lesser portion of the pie because there are more shares to go around.

Thanks for that info (altho I still don't quite get it).....

It's already trading at .05 cents (Canadian) and yet you wrote :

For .05 you get one unit which equals one share that you can hold or sell now plus one warrant (a second share) that you can exercise (becomes a share that you can sell) when the share price hits .10. The warrant (second share) is the incentive to pay the premium over the current trading price for one share.





Anyways,

Hey let's look into these guys here :

I'll do "the chartwork" and you do the dd .....he-he

Maybe might wanna start here (I dunno)
https://www.palladiumoneinc.com/news/2020/palladium-one-major-discovery-increases-kaukua-south-mineralized-strike-length-six-fold-from-600-m-to-4-km

Or here : https://investors.palladiumoneinc.com/sprott-backed-palladium/?&utm_campaign=desktoplead&utm_source=google&utm_medium=display&utm_content=sprottintent_r1&gclid=EAIaIQobChMI77ukof-l7AIVkhL5AB0wjAqXEAEYASAAEgINhfD_BwE



Old chart (10 months ago)

For .05 you get one unit which equals one share that you can hold or sell now plus one warrant (a second share) that you can exercise (becomes a share that you can sell) when the share price hits .10. The warrant (second share) is the incentive to pay the premium over the current trading price for one share.

The offering statement said they expect it to close 10/30/20 which sounds like it could remain open until they sell all 14 million units. They will probably sell these units to fund managers outside of regular trading.

The float will be diluted by 14 million shares now and another 14 million shares at prices over .10.

Thanks for your DD....Wo - That's $700,000 dollars !

'Fraid I don't understand the warrant converting at .10 part....


How does that work again ?



Also - I THINK the stock only saw 3 trades today - Certainly less than 10

Offering in place through 10/30/20:

https://www.lomiko.com/wp-content/uploads/2020/10/LMR-September-29-2020-News.pdf

14 million units at .05 consisting of one share and one warrant that converts at .10

News: https://www.businesswire.com/news/home/20201007005305/en/

This chart is so ready. Need news to push it. Accumulation is increasing and new highs are coming.

Awesome news