Congratulations to Mary Juetten for her appointment to the Lomiko Metals Inc. Board of Directors. Mary's Board appointment is the 117th for ACE Graduates. She earned her CDI.D designation from Corporate Directors International, having completed the Board Certification Program at ACE LLC.

ACE LLC Announces the Board Appointment of ACE Graduate, Mary Juetten to the Lomiko Metals Inc. Board of Directors.

Montreal, Québec, January 7, 2025 –Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce that on December 19, 2024, shareholders approved all the resolutions put forth at the Annual and Special Meetings of Shareholders.

The number of Directors was set at five and each of the following individuals was elected as directors of the Company: Belinda Labatte, Dominique Dionne, Lee Arden Lewis, Gordana Slepcev and Mary Juetten. In addition, subsequent to the meeting, the Board of Directors appointed Belinda Labatte as Executive Chair of the Board, Dominique Dionne as Lead Independent Director, Dominique Dionne as Chair of the CCG&C Committee and Mary Juetten as Chair of the Audit Committee. The Board also appointed Gordana Slepcev as President and CEO, and director to the Board and Jacqueline Michells as the CFO.

The Company is pleased that Mary Juetten, CA, CPA, Esq., GCB.D, CDI.D, CCB.D has been elected o the board of directors (the “Board”) and will Chair the Audit Committee. Ms. Juetten is an accomplished executive and entrepreneur with 30+ years of experience in board, advisory, and committee roles and experience in international mine finance. Ms. Juetten brings to the Board decades of international experience managing comprehensive portfolios across diverse industries including engineering and construction, natural resources and technology, as well as project execution consulting for international clients.

About Lomiko Metals:

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).

Lomiko Metals published an updated Mineral Resource Estimate (MRE) in a NI 43-101 Technical Report and Mineral Resource Estimate Update for the La Loutre Project, Quebec, Canada, prepared by InnovExplo on May 11th, 2023, 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).

In addition to La Loutre, Lomiko has earned-in its 49% stake in the Bourier Project from Critical Elements Lithium Corporation as per the option agreement announced on April 27th, 2021. The Bourier project site is located near Nemaska Lithium and Critical Elements south-east of the Eeyou Istchee James Bay territory in Quebec, which consists of 203 claims for a total ground position of 10,252.20 hectares (102.52 km2), in Canada’s lithium triangle near the James Bay region of Quebec that has historically housed lithium deposits and mineralization trends.

Contact us at info@lomiko.com. For additional information, please visit Lomiko Metals website at www.lomiko.com.

About Mary:

Seasoned international executive and entrepreneur with extensive strategic planning experience, CPA (SEC Audit Committee Financial Expert), and Lawyer/Mediator with proven ability and passion to successfully lead positive change and deliver results. Over two decades of experience in Engineering & Consulting industry, technology, and natural resources in CEO/CFO roles. Over three decades of varied leadership, management, and business & financial consulting experience including successful turnarounds in Canada, the US, and Saudi Arabia, in a variety of industries.

Specializing in leading companies in transition or start-up phase, managing large integration projects, and creating sustainable operational and financial growth. 30 Board positions include for profit companies, trade associations, and non-profit organizations over the past 30+ years; CFO, COO, and Business unit leader at publicly traded companies. Board skills include: Corporate Board Secretary (KSA), international executive leadership/strategic planning; corporate finance, accounting and audit; legal, compliance & regulatory; digital transformation & technology; corporate governance; government & indigenous community relations, environment & sustainability, project & risk management, M&A integration, investor relations, human capital and compensation.

Mary has her board certification from Corporate Directors International LLC, USA. Her designation, CDI.D, recognizes her as a qualified corporate board candidate for a public or private board.

Congratulations Lomiko Metals Inc for appointing Mary Juetten to your board. We know she will bring value and serve the board, company and stakeholders well.