VANCOUVER, British Columbia -- (Business Wire)

Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (“Lomiko” or the “Company”) is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the previously announced plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia).

The Arrangement remains subject to certain customary closing conditions, including the receipt of stock exchange approval. If the necessary approval is obtained and the other conditions to closing are satisfied or waived, it is anticipated that the Arrangement will be completed by the parties in October, 2026.

Information Concerning the Arrangement

The terms of the Arrangement and the arrangement agreement are further described in the Company’s management information circular dated August 26, 2026 (the “Circular”) and related materials for the special meeting of securityholders of the Company held on September 23, 2026, all of which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.lomiko.com.

About Lomiko Metals Inc.

The Company holds mineral interests in its advanced La Loutre Graphite Project in southern Québec. The La Loutre Graphite Project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory, which 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 exclusive exploration rights totaling 4,528 hectares (45.3 km²). The Company also holds an interest in seven early-stage projects in southern Québec, including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low, and Carmin, covering 328 exclusive exploration rights over 18,622 hectares in the Laurentian region of Québec and within KZA territory. The Company has optioned an early-stage property prospect in the precious metals, antimony, and REEs. The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood, NL, and south of the Trans-Canada Highway.

For more information on Lomiko, visit the website at www.lomiko.com.

Neither the 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.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information may be identified by statements including words such as: “anticipate,” “intend,” “plan,” “budget,” “believe,” “project,” “estimate,” “expect,” “scheduled,” “forecast,” “strategy,” “future,” “likely,” “may,” “to be,” “could,” “would,” “should,” “will” and similar references to future periods or the negative or comparable terminology, as well as terms usually used in the future and the conditional.

Forward-looking information may include, without limitation, the timing of various steps to be completed in connection with the Arrangement, the anticipated timing and completion of the Arrangement, the receipt of stock exchange approval, the satisfaction or waiver of the conditions to completion of the Arrangement, and other statements that are not material facts.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to, that the parties will receive, in a timely manner and on satisfactory terms, the stock exchange approval, and that the parties will otherwise be able to satisfy, in a timely manner, the other conditions to the closing of the Arrangement.

The Company considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. By its nature, forward-looking information involves known and unknown risks, uncertainties, changes in circumstances and other factors that are difficult to predict and many of which are outside of the Company’s control, which may cause actual results to differ materially from any future or potential results expressed or implied by such forward-looking information.

Important factors that could cause actual results to differ materially from those indicated in the forward-looking information include, among others: (i) the possibility that the Arrangement will not be completed on the terms and conditions, or on the timing, currently contemplated, and that it may not be completed at all, due to a failure to obtain or satisfy, in a timely manner or otherwise, stock exchange approval or for other reasons; (ii) the possibility of adverse reactions or changes in business resulting from the announcement or completion of the Arrangement; (iii) risks relating to the Company's ability to retain and attract key personnel during the interim period; (iv) the possibility of litigation relating to the Arrangement; (v) risks related to diverting management's attention from the Company's ongoing business operations; and (vi) other risks inherent to the business carried out by the Company and factors beyond its control which could have a material adverse effect on the Company or its ability to complete the Arrangement. The Company has assumed that the risk factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events. The reader is cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements.

Other than as specifically required by applicable Canadian law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, whether as a result of new information, future events or results, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260928160409/en/

Contacts:

Gordana Slepcev
647-391-7344
info@lomiko.com

Source: Lomiko Metals Inc.