Business
Lomiko Metals Announces Omnibus Equity Incentive Plan Grants and Stock Option Cancellations
MONTREAL / Jan 22, 2026 / Business Wire / Lomiko Metals Inc. (TSX-V: LMR) (“Lomiko” or the “Company”) is pleased to announce grants for management and board com
About this update from Lomiko Metals Inc.
[{"type":"text","content":"MONTREAL / Jan 22, 2026 / Business Wire / Lomiko Metals Inc. (TSX-V: LMR) (“Lomiko” or the “Company”) is pleased to announce grants for management and board compensation. As part of the annual short and long-term incentive program, as determined by the Board, Lomiko is announcing the grant of Restricted Share Units (“RSUs”) to management and RSUs and Deferred Share Units (“DSUs”) to the Board, and stock options to management in accordance with the Company’s approved 2025 Omnibus Equity Incentive Plan (the “Plan”). On the recommendation of the Compensation, Corporate Governance, and Nominating Committee (“CCGNC”), the Board has approved the grant of an aggregate of 411,095 RSUs and 731,953 DSUs to the Company's directors. Management, including the Executive Chair, has been granted an aggregate of 425,133 RSUs, and 50,000 stock options have been issued. The Plan’s objective is to create an incentive compensation program that is aligned with the Company’s long-term objectives. Stock options, DSUs, RSUs and PSUs are granted in accordance with Policy 4.4 – Security Based Compensation of the TSX Venture Exchange (the “Exchange”), the terms and conditions of the Plan and the terms of the award agreement evidencing such equity compensation security. RSUs: Each vested RSU can be redeemed for one fully paid and non-assessable common share of Lomiko issued from treasury. RSUs are vested by January 22, 2027. The number of RSUs granted was calculated based on the compensation to be paid to the director, as recommended by CCGNC and approved by the Board, and was calculated using a 5-day volume weighted average closing price of C$0.15 per common share. DSUs: Each vested DSU can be redeemed for one fully paid and non-assessable common share of Lomiko issued from treasury. For directors, the DSUs granted vest on January 22, 2027, and are settled on a director’s retirement from the board. The number of DSUs granted was calculated based on the compensation to be paid to the director, as recommended by CCGNC and approved by the Board, and was calculated using a 5-day volume weighted average closing price of C$0.15 per common share. Stock options: Stock options for management have a 5 year term from the grant date. The vesting Schedule is as follows: equal instalments of one-third (1/3) on the grant date, in year 1, the first anniversary of the gran...