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Lomiko Hires Drilling Company for La Loutre Crystalline Flake Graphite Property for Resource Assessment

VANCOUVER, British Columbia & MONTREAL, July 21, 2015 (GLOBE NEWSWIRE) -- LOMIKO METALS INC. (TSX-V:LMR) (OTC:LMRMF) (FSE:DH8B) (the "Company") and Canada Strategic Metals (TSX-V:CJC) are pleased to announce that Forage Val D'Or Inc. has been awarded the contract for up to 10,000 metre drilling program at the La Loutre Crystalline Flake Graphite Properties located in Quebec. Over the past month since exploration began, crews have been prospecting, detail mapping and sampling, which will be followed by building roads and drill pads at the site.

"Flake Graphite has unique characteristics that makes it a better conductor of electricity and heat than copper," stated A. Paul Gill. "It will have an expanding role in a new green economy in new batteries, lighting, lubricants, printable electronics and in the nuclear industry."

(Notes: Lithium Ion Batteries now use 10 times as much Graphite as lithium)



To view jumbo flake graphite from La Loutre Property, please visit: http://orders.newsfilecorp.com/files/1944/16390_loutre03.jpg

The 2014 drilling program at La Loutre was managed by Consul-Teck Exploration of Val-d'Or, Quebec, who designed and will oversee the 2015 drilling campaign. The full set of drill results were reported in the February 9, 2015 news release.

After the current program is complete, the property will be assessed for a resource and if warranted, a pre-economic assessment (PEA). The primary focus is intersections which start within 15 metres of the surface as highlighted below. Viable near surface mineralization reduces the amount of waste rock that needs to be moved, reducing overall cost of the project and reducing environmental impact. The target cost per metric tonne of graphite from Canada to compete with graphite from China is under $800/per metric tonne USD.

The La Loutre Property reported grab samples up to 22.04% Carbon Flake Graphite (CFG) and Carbon Purity Test results reporting up to 100%. Carbon Purity in the Large and Extra Large Flake Graphite categories. Details regarding these tests are available in a September 23, 2014 news release.
Jean-Sebastien Lavallée (OGQ #773), geologist, shareholder and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.
For more information, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: Info@lomiko.com


On Behalf of the Board
"A. Paul Gill"
Chief Executive Officer
We seek safe harbor. Neither 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.

Lomiko Plans to Spin Out two new Technology Plays

Lomiko Metals Inc.

TSX VENTURE : LMR
OTCQX : LMRMF
FRANKFURT : DH8B

January 05, 2015 09:00 ET

Lomiko Plans to Spin Out two new Technology Plays, Establish a Graphite Resource and Drill Deep Gold Targets at Vines Lake in 2015

VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK--(Marketwired - Jan. 5, 2015) - Lomiko Metals Inc. ("Lomiko") (TSX VENTURE:LMR)(OTCQX:LMRMF)(FRANKFURT:DH8B) has made significant strides forward on several fronts in 2014. The strategic plan to create new ventures in the technology sector has been very successful.
"Lomiko's work in 2014 has set the stage for the accelerated creation of value in 2015, stated A. Paul Gill, CEO "This news release outlines our direction and goals in 2015 for shareholders, analysts, the media and new venture investors looking for a company that is moving forward despite difficult market conditions."
2014 Technology Highlights

• In August, Lomiko participated in the Graphene 3D Lab IPO. A $ 350,000 investment in the private 3D printing company eventually became the TSX listed Graphene 3D Lab which currently has a $ 44 Million market cap. This transaction provided proof of concept for our vision to create new technology ventures. It also provided Lomiko with over 4 Million shares in Graphene 3D Lab, which have traded as high as $2.50. (link)

• Lomiko has also transferred our graphene super capacitor investment into 40% ownership of a US corporation, Graphene Energy Storage Devices (Graphene ESD), in anticipation of a similiar transaction in 2015 (link)

• Through our 100% owned subsidiary, Lomiko Technologies Inc., we have licensed the rights to manufacture and sell three power converter system designs and have acquired a pending supply contract for an existing customer from Megahertz Power Systems Ltd. (link)

2014 Graphite Exploration Highlights

• Lomiko continued to explore our wholly owned Quatre Miles graphite property in the Province of Quebec. In July, 2014, we announced the discovery of 23 new high priority magnetic anomalies on this property. (link)

• In September, Lomiko announced the acquisition of a 40% interest in Canada Strategic Minerals' La Loutre Crystalline Flake Graphite Property in Quebec. (link) The La Loutre property has since then been drilled and has produced very encouraging results. (link and link) We are particularly encouraged by the high grades and near surface locations of this graphite discovery.

Corporate

• Lomiko was pleased to close financings for gross proceeds of $5,520,800 in March of 2014. (link)

• Lomiko was approved for trading on the OTCQX Exchange in the USA in April, 2014 allowing new American investors there to participate in the growth and development of the Company.

• Lomiko was also pleased to announce that a Shareholders Rights Plan came into effect at our October Annual General Meeting. (link) In the current market, technological innovation can create tremendous value literally overnight and our Shareholders' Rights Plan will ensure that our shareholders are treated fairly when such value is created.

• Lomiko has arranged for a Market-maker to provide liquidity to the market and a better trading experience for investors.

• Recently filed financial information for Q1 2015 (link) indicates Lomiko has $ 4.04 Million of cash and cash equivalents, $ 7.7 Million in un-realized equity (Graphene 3D Lab shares) and $ 1.7 Million in exploration assets.

2015 Goals
Management is confident the work done on both technology and exploration puts Lomiko in an excellent position to capitalize on the coming graphene revolution.

• Lomiko Technologies goal is to create revenue from its licensing deals and e-commerce site and launch Lomiko Technologies as a new public company.

• Graphene 3D Lab is making significant progress in developing their business plan for revenue and profitability. Lomiko will continue to meet any graphite needs that arise from demand created.

• Graphene ESD will continue its development of energy storage devices and launch as a new public company in 2015.

• Lomiko Metals will focus on creating a resource estimate and PEA for the La Loutre Graphite Property located near the Imerys Graphite and Carbon Mine in Quebec.

• Lomiko will also drill deep gold targets at the 100%-owned Vines Lakes Project in Cassiar, B.C. which is adjacent to the historic Table Mountain Mine (link). The Magnetic Anomaly Map is available here (link).

• Lomiko will launch an extensive advertising and brand awareness campaign designed to focus attention on our new products.

In a difficult market for junior exploration companies we have managed to stand out as an innovative, agile and forward-looking company. Our technology investments provide a counter balance to the junior resource market.
At the same time, we believe that by concentrating on finding high grade, near surface, graphite deposits, we will position Lomiko to be a low cost graphite producer when the time comes to mine graphite.
For more information on Lomiko Metals, review the website at www.lomiko.com.
A. Paul Gill, Chief Executive Officer
We seek safe harbor. Neither 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.

Contact Information

Lomiko Metals Inc.
A. Paul Gill
604-729-5312
info@lomiko.com
www.lomiko.com

Lomiko Metals invests in Graphene supercapacitors through Graphene ESD Corp

VANCOUVER, BRITISH COLUMBIA AND NEW YORK, NEW YORK, Dec 03, 2014 (Marketwired via COMTEX) — Lomiko Metals Inc. (“Lomiko”) (TSE-LMR)(otcqx:LMRMF)(frankfurt:DH8B)

 is very pleased to announce it has signed an agreement to invest in a new graphene-related venture, Graphene Energy Storage Devices (Graphene ESD Corp.), a U.S. Corporation. On December 4, 2013, Lomiko reported on a successful conclusion to Phase I of its Graphene Supercapacitor Project which involved Graphene Laboratories Inc. and Stony Brook University. Graphene ESD Corp. has been formed to commercialize the technology and bring the graphene-based energy storage devices to market.

Supercapacitors bridge the gap between conventional capacitors and rechargeable batteries. They store the most energy per unit volume or mass (energy density) among capacitors. Supercapacitors power density is generally 10 to 100 times greater than normal capacitors or batteries. This results in much shorter charge/discharge cycles than batteries. Additionally, they will tolerate many more charge and discharge cycles than batteries. 


Incorporation of graphene material in supercapacitor electrodes may further improve energy and power density of the device. Graphene ESD Corp. will develop low-cost graphene-based supercapacitor devices that will be capable of even higher discharge currents. The development will focus on large-scale devices that are projected to have the lowest cost of power and stored energy in its class.

“As reported December 4, 2013, the Phase I Graphene Supercapacitor project yielded encouraging results. Graphene ESD Corp. will build on the success of this project and will be developing a graphene-based supercapacitor. The device is designed as a versatile energy storage solution for electronics, electric vehicles and electric grid.” stated A. Paul Gill, CEO of Lomiko Metals Inc. 

Graphene is finding new application in sensors, electronics, and advanced materials. Energy storage is a rapidly developing field which can benefit from the outstanding properties of graphene. We believe that graphene-based devices will deliver the best value for multiple energy storage applications.”

Graphene ESD Corp. will issue and Lomiko will purchase for $ 182,286 USD, 1,800 shares (the “Shares”) of its Series A Preferred Stock (the “Stock”) at a purchase price of US$ 101.27 per share. The dividend, conversion rights and liquidation preference of the Series A Preferred Stock are set forth in the Certificate of Incorporation attached as Exhibit “A” to the Agreement to be submitted to the TSX Venture Exchange and filed on Sedar. Upon completion, the authorized capital of the Company consists of:
(a) 3,200 shares of Common Stock, par value $0.0001 per share (“Common
Stock”), 2,700 shares of which are issued and outstanding.
(b) 1,800 shares of Preferred Stock, par value $0.0001 per share
(“Preferred Stock”), all of which have been designated Series A
Convertible Preferred Stock and are pending the approval and completion
of the current transaction.
The transaction is subject to all required approvals of the TSX-Venture Exchange, and Lomiko agrees to apply for, and use reasonable commercial efforts to obtain, such approval immediately following the execution of this Agreement.
For more information on Lomiko Metals, review the website at www.lomiko.com
For more information on Graphene ESD Corp. please visit the website at www.graphene-esd.com
On Behalf of the Board
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor. Neither 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.
Contacts:
Lomiko Metals Inc.
A. Paul Gill
604-729-5312
Email: info@lomiko.com
Graphene ESD Corp.
V. Solovyov
631-816-5189
Email: info@graphene-esd.com
SOURCE: Lomiko Metals Inc.
(C) 2014 Marketwire L.P. All rights reserved.

Trading Halted on Lomiko Metals as it advances future of graphene based products

Lomiko Signs Licensing Agreement to Produce and Supply Power Converter Systems to E-Commerce Customers

Lomiko Metals Inc. ("Lomiko") (TSX VENTURE: LMR) (PINKSHEETS: LMRMF)(FRANKFURT: DH8B) and its 100% owned subsidiary Lomiko Technologies Inc. are pleased to announce an agreement to license from Megahertz Power Systems Ltd. ("Megahertz") rights to manufacture and sell three (3) power converter system designs ("Licensed Power Systems"), acquire a pending supply contract ("Customer Contract") with a Canadian LED system integrator ("LED Customer") and support the research and development of new products. 

"The Power Converter Market is a multi-billion dollar market. With the increasing demand for energy-efficient electronic devices, the advent of re-chargeable batteries and the new market for quick-charge supercapacitors, Lomiko has the opportunity to move into a growing market with a profitable business model.", stated A. Paul Gill, CEO. 

Lomiko will establish cash-flow under the current Customer Contract within six months which is based on proven and in-demand devices designed by MegaHertz. The creation of an e-commerce site in three to four (3-4) months will increase the customer base for the Licensed Power Systems over the estimated five (5) year product cycle. In the long term, Lomiko and MegaHertz will work on innovative new designs that power products using graphite and graphene based devices to dramatically raise operating efficiencies and help reduce the energy waste for the Electronic equipment, Energy Storage and Automotive Industries worldwide. 

Lomiko Metals Inc. has been involved in the exploration and development of graphite assets in Quebec since 2012. After a February 11, 2013 Strategic Alliance with Graphene Labs, Lomiko Technologies Inc. was formed in May, 2014 in order to become involved in the end uses of graphite and graphene. On December 4, 2013, Lomiko reported on a successful conclusion to Phase I of its Graphene Supercapacitor Project which involved Graphene Labs and Stony Brook University. Currently, Lomiko is working with Graphene Labs to launch Phase II of the Graphene Supercapacitor Project and will announce details shortly. A power converter designed to charge a graphene supercapacitor within minutes is one long term design goal of the MegaHertz deal. 

Assignment of Customer Contract and Initial Funding
Megahertz has agreed to assign and transfer the pending revenue-generating Customer Contract for an existing OEM 120VAC 60 Watt LED Driver design (the "Custom LED Driver") with the LED Customer. Megahertz shall grant non-exclusive licenses to Lomiko to manufacture and sell the following three power converter system designs as the Licensed Power Supplies:

--  A custom OEM 60W 120V OEM Led driver solely for the existing LED
    Customer ("Custom LED Driver" - the design of which is owned by the LED
    Customer);
--  A Type AB in-wall AC receptacle with USB ports for recharging laptops,
    smartphones and tablets ("AB-USB6 Receptacle") for e-commerce sales;
--  A 60W LED driver product ("LED90+ Driver") for online e-commerce sales.
--  Lomiko will pay Megahertz a 15% royalty on Lomiko's net sales of
    Licensed Power Supplies, (the "Royalty").

Lomiko shall advance the sum of Two Hundred Fifty Thousand Canadian Dollars (Cdn. $250,000) (the "Start-up Funds") in order to:

--  Organize and set up contract manufacturing of Licensed Power Supplies;
--  Develop an e-commerce web-site for sales of certain Licensed Power
    Supplies;
--  Establish a local office in support of Lomiko's sales of Licensed Power
    Supplies;
--  Manage initial contract manufacturing, sales, customer relations,
    general business administration and technical support for customers and
    contract manufacturers ("Project Management Services") for the initial
    year of operations.

About Lomiko Metals Inc.
Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy.

About Lomiko Technologies Inc.
On February 12, 2013 Lomiko Metals and Graphene Labs signed a Strategic Alliance to develop vertical integration within the graphite field and develop new businesses in the nanotechnology field which resulted in the creation and IPO of Graphene 3D Lab. Lomiko Technologies was created in currently holds 4,396,970 shares of Graphene 3D Lab. 

About MegaHertz Power Systems Ltd.
MegaHertz Power Systems Ltd (www.mhps.co) is a FAB-less technology licensing company focused on the development of miniature extremely low cost, and very efficient Power Supply Solutions. MegaHertz provides low cost electronic components and efficient custom power supply designs to foster new business opportunities for manufacturers around the globe. Innovative new designs are under way to dramatically raise operating efficiencies and help reduce the energy waste for the Electronic equipment and Automotive Industries worldwide. 

For more information on Lomiko, review the website at www.lomiko.com.
On Behalf of the Board
A. Paul Gill, Chief Executive Officer
We seek safe harbor. Neither 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.

Contacts:
Lomiko Metals Inc.
A. Paul Gill
Chief Executive Officer
604-729-5312
info@lomiko.com
www.lomiko.com

SOURCE: Lomiko Metals Inc.

Editors Notes: Graphite is also a critical component of Lithium-Ion Batteries and cannot be economically replaced.

Lomiko Metals drilling for more Graphite in Quebec

Drill Permit Issued for Lomiko's La Loutre Crystalline Flake Graphite Property in Quebec 
 by Marketwire

Lomiko Metals Inc. ("Lomiko") (TSX VENTURE: LMR)(PINKSHEETS: LMRMF)(FRANKFURT: DH8B) and Canada Strategic Metals Inc. ("Strategic Metals" or the "Company") (TSX VENTURE: CJC)(FRANKFURT: YXEN)(OTCBB: CJCFF) are very pleased to announce that a drilling permit for the La Loutre Crystalline Flake Graphite Property has been issued which allows for up to 29 drill holes. On September 23, 2014 Lomiko optioned 40% interest in the La Loutre Crystalline Flake Graphite Property located in Quebec last month. A full set of results was reported in that news release.

The goal of the exploration program is to identify high-grade, near-surface graphite mineralization suitable for conversion to battery-grade graphite. The graphite industry could see exponential growth based on new demand for lithium-ion batteries, which use 10 to 15 times as much graphite as lithium.
Telsa Motor Cars and Panasonic announced a new Lithium-ion Giga-factory in Nevada which is estimated to double the yearly supply of Li-ion batteries by 2020. Currently, synthetic graphite with consistent carbon purity of 99% or more is used in Li-ion batteries. This effects the graphite market in two ways. One, the price of synthetic graphite is likely to increase based on increased demand for all graphite products. Two, if a natural, cost-effective source of consistently high carbon purity graphite is derived from a property, groups such as Telsa could use the material directly in their batteries.

Of particular interest to Lomiko was an area of the property which reported grab samples up to 22.04% Carbon Flake Graphite (CFG) and Carbon Purity Test results reporting up to 100.00% Carbon Purity in the Large and Extra Large Flake Graphite. 

Graphite grab sample assay results derived from a recent sampling and mapping program on the has confirmed a graphite bearing structure covering an area approximately 7 kilometers by 1 kilometer with results of up to 22.04% graphite in multiple parallel zones of 30-50 meters wide. Another area has also been identified covering approximately 2 kilometers by 1 kilometer in multiple parallel zones of 20-50 meters wide which includes results up to 18% graphite. Grab samples are selective by nature and are unlikely to represent the average grade of a deposit. The drilling program is designed to test these areas.

Jean-Sebastien Lavallee (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

On Behalf of the Board
A. Paul Gill, Chief Executive Officer
We seek safe harbor. Neither 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.

Contacts:
Lomiko Metals Inc.
A. Paul Gill
Chief Executive Officer
604-729-5312
info@lomiko.com
www.lomiko.com

SOURCE: Lomiko Metals Inc.

Lomiko Metals now owns big chunk of Graphene 3D Labs

2014 Aug 15

Marketwire

Lomiko Metals is now the Beneficial Owner of 4,396,970 Shares of Graphene 3D Lab TSXV: GGG

LOMIKO METALS INC. (TSX VENTURE: LMR)
(PINKSHEETS: LMRMF)(FRANKFURT: DH8B) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company")
 announces it has received approval from the TSX Venture Exchange to the acquisition of 1,200,000 common shares at $0.25 per share of MatNic Resources Inc. The transaction was subject to MatNic Resources Inc. receiving regulatory approval to a reverse takeover ("RTO") by Graphene 3D Labs Inc. ("Graphene 3D") (TSX VENTURE: GGG) (formerly named MatNic Resources Inc.).

The transaction is now complete and the Company now holds 4,396,970 common shares in the capital of Graphene 3D representing approximately 11.23% of the outstanding Shares of Graphene 3D. Of these shares, 3,196,970 were acquired at a deemed price of $0.075 pursuant to pursuant to a securities exchange agreement (the "Securities Exchange Agreement") dated June 6, 2014 between, among others, Graphene 3D and Lomiko.

3,196,970 of the Shares held by Lomiko are subject to the terms of a Surplus Security Escrow Agreement, in accordance with the Policies of the TSX Venture Exchange. Pursuant to the terms of the Tier 2 Surplus Escrow Agreement, 5% of the Shares will be released from escrow upon the issuance of the TSX Venture Exchange bulletin announcing final approval of the listing of the Shares, and respectively 5%, 10%, 10%, 15%, 15% and 40% will be released on each of the dates that is 6 months, 12 months, 18 months, 24 months, 30 months and 36 months from the date of the TSX Venture Exchange bulletin.

Lomiko acquired the Shares for investment purposes and does not intend to acquire additional Shares in the future.

The acquisition of Shares was exempt under National Instrument 45-106 Prospectus and Registration Exemptions.

LOMIKO METALS INC. Background

Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy. Its mineral properties include the Quatre Milles Graphite Property and the Vines Lake property which both have had recent major discoveries. Recently, Lomiko Metals formed Lomiko Technologies, a 100% owned subsidiary focused on technological applications of graphite and graphene.
On Behalf of the Board

A. Paul Gill, Chief Executive Officer
We seek safe harbor. Neither 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.

Contacts:
Lomiko Metals Inc.
A. Paul Gill
604-729-5312
info@lomiko.com
www.lomiko.com

SOURCE: Lomiko Metals Inc.

Graphite news - Lomiko Metals - to Adopt Shareholder Rights Plan at October 30, 2014 AGM

 Marketwire Canada

LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company") announces that its Board of Directors (the "Board") has approved the adoption of a shareholder rights plan (the "Plan"). The Plan is subject to the approval of the TSX Venture Exchange and shareholder ratification within six months of its adoption. The Corporation will seek shareholder ratification at its annual and special meeting of the shareholders scheduled to be held on October 30, 2014.

Lomiko is not adopting the Plan in response to any specific proposal to acquire control of its outstanding securities. The Plan will be similar to plans adopted by other Canadian companies and ratified by their shareholders. It is not the intention of the Plan to entrench management or prevent a change of control of Lomiko to the detriment of shareholders. The Plan will not apply to takeover bids that meet certain requirements including that the bid be made by way of a takeover bid circular and be left open for at least 60 days so as to ensure that shareholders will have an adequate opportunity to assess the merits of any such bid. 

The Plan has been designed to encourage the fair and equal treatment of shareholders in connection with any takeover bid for Lomiko's outstanding securities, and will provide the board of directors with additional time to assess the advantages and disadvantages of any particular offer, and to seek out alternative proposals in the best interests of all shareholders.


If ratified, the Plan will have an initial term which will expire at Lomiko's annual general meeting of shareholders to be held in 2017; the Plan may also be reconfirmed and extended at that annual general meeting and at every third annual general meeting thereafter. If ratified as disclosed above, a copy of the new rights plan will be available for viewing on SEDAR and may also be obtained from Lomiko subsequent to its 2014 annual general meeting of shareholders.

Lomiko Metals Inc. Background
Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy. Its mineral properties include the Quatre Milles Graphite Property and the Vines Lake property which both have had recent major discoveries. 

For more information on Lomiko Metals Inc., review the website at www.lomiko.com.
On Behalf of the Board of LOMIKO METALS INC.

A. Paul Gill, Chief Executive Officer
Neither 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.
FOR FURTHER INFORMATION PLEASE CONTACT: Lomiko Metals Inc. A. Paul Gill 604-729-5312 info@lomiko.com www.lomiko.com
SOURCE: Lomiko Metals Inc.

Lomiko Metals discovers 23 new high grade graphite sites at Quatre Milles

Lomiko Metals Inc.

TSX VENTURE : LMR
PINKSHEETS : LMRMF
FRANKFURT : DH8B

July, 2014

Lomiko Announces Discovery of 23 New High Priority Magnetic Anomalies at Quatre Milles Flake Graphite Property

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 14, 2014) - LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (the "Company") reports Consul-Teck of Val-d'Or and consulting firm Dubé & Desaulniers conducted a combined Magnetic and Very Low Frequency Electro-Magnetic (VLF-EM) survey on the West Block of the Quatre Milles Project for a total of 209.6 linear km. The survey is part of an extensive and comprehensive exploration plan at Quatre Milles for the 2014 season.

The goal of the program is to identify high grade, near surface graphite mineralization suitable for conversion to battery-grade graphite. The graphite industry could see exponential growth based on new demand for lithium-ion batteries which use 10 to 15 times as much graphite as lithium.

Telsa Motor Cars announced, "As we at Tesla reach for our goal of producing a mass market electric car in approximately three years, we have an opportunity to leverage our projected demand for lithium ion batteries to reduce their cost faster than previously thought possible."

Lomiko is also an investor in Graphene 3D Lab as of November 22, 2013 which aims to pioneer the manufacturing of electronic devices using graphene 3D printing filament and graphene printers. Currently, there are 11,000 patented or patent-pending graphene technologies which will require graphene material.

Large companies such as General Electric, Lockheed-Martin and Samsung have confirmed their interest in Graphene uses. The graphite industry may see increased demand as a base material for the production of graphene. Lomiko will be able to participate in this new demand due to initial test results September 17, 2013 indicating graphite from Quatre Milles was converted to graphene oxide.

Previously reported drill results at Quatre Milles indicate extensive mineralization in the region. The Quatre Milles Project NI 43-101 Technical Report with all Phase I and historical drill hole results is available on the Lomiko web site. On March 13, 2014, Lomiko closed a financing for $ 5.5 million for the purposes of advancing the Quatre Milles Property and investing in technology.

In total, 88 VLF-EM conductors axis were identified. Of those, 23 new conductors are prioritized for further review. Conductors that are associated to magnetic anomalies are likely caused by pyrrhotite rich sulphide occurrences. However, most of the conductors do not show correlation with the magnetic signal and the strongest VLF-EM anomalies are thus possibly caused by graphite mineralization.

Lomiko will initially investigate the outlined anomalies by basic prospecting methods and follow-up with drilling at identified graphite zones. Strong magnetic anomalies that are not responding to the VLF-EM method also deserve further investigation. Sources identified as promising for mineralization discoveries could then be the object of resistivity/IP surveys that can be efficiently used to penetrate the ground at further depth and better image the geometry of conductive and chargeable sources.
Jean-Sebastien Lavallée (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

On Behalf of the Board
A. Paul Gill, Chief Executive Officer
We seek safe harbor. Neither 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.

Contact Information

• 
  
  Lomiko Metals Inc.
  A. Paul Gill
  604-729-5312
  info@lomiko.com
  www.lomiko.com