Lomiko Metals — Investor Presentation (July 2025)
42 slides from Lomiko Metals's investor presentation, July 2025
Slide 1: Developing Canadian critical minerals that support energy transition
Developing Canadian critical minerals that support energy transition TSXV: LMR July 2025 OTC: LMRMF Frankfurt: DH8
Slide 2: Disclaimer
DISCLAIMER This presentation is not a prospectus, offering memorandum or an advertisement and is being provided for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase or subscr
Slide 3: Land Acknowledgement
Land Acknowledgement The land/projects where we operate are located within the traditional land of the Algonquin Anishnaabeg. Our vision is to embrace Indigenous people and Indigenous values within our projects to develop a sustainable approach on our path to critical minerals development while hono
Slide 4: Lomiko 2025 advantage
Lomiko 2025 advantage Exposure to two strategic minerals in demand in North America – graphite and antimony Investment in antimony, silver, and gold exploration project in Newfoundland – excellent upside in critical minerals that are banned for export from China La Loutre is the seventh biggest
Slide 5: Graphite Market
FO METALS. BS ee Ge . a e oe © e em* Ome ee ee 6 e r . . ° ° ° ee
Slide 6: The China dynamic underlines the importance of Lomiko
The China dynamic underlines the importance of Lomiko China is the world's top graphite producer and exporter, refining more than 90% of the world's graphite into anode material and trade war on critical minerals from China is escalating – China banned shipments of gallium, germanium, antimony, and
Slide 7: Lomiko: an ideal partner for investment into electrification growth market
Lomiko: an ideal partner for investment into electrification growth market - 29% growth rate Outstanding investment opportunity to participate in energy transition and natural flake graphite with government partners - grants from Quebec, the USA Department of Defence and the Canadian Federal governm
Slide 8: Lomiko and the graphite market
Lomiko and the graphite market The graphite customer base is wide with many industrial applications, with the EV sector anticipated to grow in the next 5-15 years, driving the need for natural-flake graphite and anode material for use in batteries. • Electric Vehicles (EVs) Lomiko is advancing the q
Slide 9: Grants and Awards – Non-dilutive capital
Grants and Awards – Non-dilutive capital 9
Slide 10: Over CA$16m in concurrent Canadian and USA funding
Over CA$16m in concurrent Canadian and USA funding These are non-dilutive non-repayable awards Recipient of a US$8.35m (CA$11.2m) R&D (Research & Development) technology investment agreement from the United States of America Department of Defense (“DoD”) Canadian $4.9m contribution from Natura
Slide 11: Summary of the CMRDD program administered by Natural Resources Canada
Summary of the CMRDD program administered by Natural Resources Canada Award: CAN$4.9m • The CMRDD program administered by Natural Resources Canada is to pilot the integrated graphite upgrading process with a 200 mt bulk sample over 3 years for a total contribution agreement of CA$6.6m where Lomiko
Slide 12: La Loutre development timeline
La Loutre development timeline A de-risked path to the development of this strategic critical mineral asset • The U.S. DoD has provided a TIA for 50% of the study costs, and NRCan is contributing 75% of the pilot program costs, significantly de-risking the project. • Current focus: Phases 1 & 2 • PF
Slide 13: La Loutre and Graphite Portfolio
La Loutre and Graphite Portfolio 13
Slide 14: www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C
www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C 14
Slide 15: Regional exploration in Grenville belt
Regional exploration in Grenville belt Most prospective graphite belt in North America • 328 claims in total on 7 early-stage projects covering 18,622 hectares in southern Quebec. • 2024 Field Program results for Meloche, Dieppe, Tremblant and Ruisseau • Ruisseau – grades up to 27.9 percent carbon g
Slide 16: 2024 field program discovers zones spanning over 3.0 kilometer at Ruisseau
2024 field program discovers 4 zones spanning over 3.0 kilometer long grading up to 27.9% Cg at Ruisseau A total of 107 grab samples were collected: • 24 samples returned results greater than 20% Cg, • 55 samples returned results greater than 10% Cg, • 71 samples returned results greater than 5% Cg
Slide 17: The 2025 field program extends zones Rune and La Roche
The 2025 field program extends zones Rune and La Roche over 3.0 kilometer long, grading up to 27.5% Cg at Ruisseau • 2025 sampling along the southern extension of the La Roche TDEM trend was incredibly successful with numerous moderate to high grade results up to a maximum of 27.5% Cg. • The known s
Slide 18: The 2025 field program at Ruisseau Graphite
The 2025 field program at Ruisseau Graphite • A total of five primary and four secondary targets at Rune and six primary and four secondary targets at La Roche have been selected for drill testing. • The targets were generated with the aid of the 2022 airborne geophysical survey and the strong graph
Slide 19: Ranked as the seventh biggest deposit worldwide by Mining.COM
Lomiko advantage: Ranked as the seventh biggest deposit worldwide by Mining.COM The independent and qualified persons for the mineral resource estimate, as defined by NI 43 101, are Marina Iund, P.Geo. (InnovExplo Inc.), Martin Perron, P.Eng. (InnovExplo Inc.)., Simon Boudreau, P.Eng. (InnovExplo In
Slide 20: La Loutre single-layer pouch full-cell battery testing surpassed commercial graphite
La Loutre single-layer pouch full-cell battery testing surpassed commercial graphite results Demonstrated that La Loutre material is suitable for battery applications – single layer pouch full cell battery testing completed with Polaris Battery Labs, LLC, USA. The single-layer pouch cells constr
Slide 21: Next Steps – Phase 1 Initiated engineering for pre-feasibility study
Next Steps – Phase 1 Initiated engineering for pre-feasibility study (PFS) Estimated PFS finish date: Q1 2026 Completed PFS Components Finished Mineral Resource Estimate Finished pre-feasibility metallurgical testing Finished battery testing at the lab scale PFS Components in progress: • D
Slide 22: Next Steps – Phase 2 works: Metallurgical and battery piloting
Next Steps – Phase 2 works: Metallurgical and battery piloting CRITM Quebec studies – Finish June 2025 Anode Piloting I. Flotation separation testing to produce a • Processing 1,100kg of the material to generate flotation concentrate flotation flakes II. Purification of the flotation concentrate • P
Slide 23: La Loutre – Permitted Bulk Sample Locations
La Loutre – Permitted Bulk Sample Locations DoD and NRC supported- Pilot Processing Testing to be done in EV Zone only Proposed - 5 locations Each Location up to 50 tonnes of ore Road access Three cutting – minimal Stripping – area of approximately 5x5 meters or 4x6m Drill/blast – an area
Slide 24: Antimony Exploration
BS ee Ge . a e oe © e em* Ome sm’? &
Slide 25: Antimony
Antimony • Antimony is used to increase the hardness of alloys, with lead alloys for batteries, with lead/copper/tin alloys for machine bearings • It improves the rigidity of lead-alloy plates in lead–acid batteries • It is also used in automotive clutch and brake parts • The other major use is as a
Slide 26: Yellow Fox antimony, silver and gold potential in Newfoundland
Yellow Fox antimony, silver and gold potential in Newfoundland Historic results • Yellow Fox is an early-stage exploration property prospective in antimony, gold, and silver where historic works returned samples anomalous in gold (Au), antimony (Sb), lead (Pb), zinc (Zn), and silver (Ag). • The tren
Slide 27: Yellow Fox Next Steps
Yellow Fox Next Steps • Review existing data and plan for the fieldwork program in the spring • Soil sampling program targeted south of the Yellow Fox gold, showing 59.413 g/t and areas of increased density of interpreted structures • Approximately 700 soil samples on ten, 1000m long, 250m spaced li
Slide 28: Yellow Fox Work Plans
Yellow Fox Work Plans • Expanded the land package (30 claims @ 748ha) and added new targets – total of 58 claims at 1,446 ha • Phase 1 - Approximately 700 soil samples on ten, 1000m long, 250m spaced lines trending approximately 110° with samples taken every 25m along the line. • Should the soil sam
Slide 29: Yellow Fox Next Steps
Yellow Fox Next Steps • Expanded the land package (30 claims @ 748ha) and added new targets – total of 58 claims at 1,446 ha • Phase 1 - Collected 551 soil samples (red on the map). Difficulty collecting soils where rock is outcropping. • Waiting on assays from Eastern Analytical • Phase 2 – 408 soi
Slide 30: Share structure
BS ee Ge . a e oe © e em* Ome sm’? & - « « « ~- @ Me «cw ea BSPeettGazu Mew” az of @ F.. -- ee ee
Slide 31: Share structure
Share structure Lomiko has a tight capital structure with 48.7m shares outstanding • April 30, 2025 Total Issued and Outstanding 53,727,695 Options 2,033,333 Warrants 21,382,587 DSU 1,349,841 RSU 2,181,997 Fully Diluted 80,675,453 31
Slide 32: Lomiko collaborations
“ LOMIKO * METALS Lomiko collaborations © Polaris seznam Femina Collective C R | ™M 76) ( e mM Investissement vecteur de transformation métallique > Innovation en traitement de minerais Québec Q Innovation in mineral processing International Canada LsTM e8ehH] UNIVERSITE National Research ay ES LAVA
Slide 33: For more information
For more information info@lomiko.com Follow us @lomikometals on socials l l l f l
Slide 34: Yellow Fox antimony, silver and gold potential in Newfoundland
Yellow Fox antimony, silver and gold potential in Newfoundland Terms of the Option (a) The Optionee shall have the right to acquire 100% of the right, title and interest in and to the Option Interests by making the following payments: (i) in cash totaling $70,000, according to the following schedule
Slide 35: Graphite Portfolio 2024 Results
Graphite Portfolio 2024 Results 35
Slide 36: Ruisseau 2024 Results
Ruisseau 2024 Results Figure 1a: Ruisseau West Results Figure 1b: Ruisseau East Results 36
Slide 37: Meloche 2024 Results
LOMIKO METALS. Meloche 2024 Results ne i ah Vile : ie, Pil 8 ai 8 . iia \ Mm / ; E ~ = inal: lob ae / | comes dle al - © 10-50 a @ 50-100 @ 100-133 | ai T mi T ' r t r 73000 ‘a7dooo 480000 48/009 482000 482000 ‘e000
Slide 38: Tremblant 2024 Results
Tremblant 2024 Results 10900 511000 812000 513000 SO METALS. c jaudette C-Graphite % © 0-10 © 10-50
Slide 39: Dieppe 2024 Results
a METALS. . 460000 46100046000 463000461000 ——48gp00 486000467000 08000460000 470000 471000472000 Dieppe 2024 Results |_——=—— Va fis a ! Jie uly : | 3 ry) ay woe f | ' i | i et e g / | Pan < 3 ¢ \ 3 a a a « Ss au g 8 ri dj ‘eg Te 3 Es a} Fa | 4 fe BA Locide . ve, |Abaceoir| | vt “ U Fide 8 1 § 7 Ach
Slide 40: SGS Characterization Study, 2023: 67% fines content in the flotation concentrate
SGS Characterization Study, 2023 67% fines content in the flotation concentrate • La Loutre flake distribution is ~67% fines - suitable for anode market 37% growth year over year! • -100 mesh is used most commonly in SPG (spherical graphite) as a precursor for battery production Size Fraction Analys
Slide 41: La Loutre metallurgical program 99.99% purified graphite content
La Loutre metallurgical program 99.99% purified graphite content Completed PFS level met testing and optimized flow sheet Completed value-added testing with ProGraphite – micronization, spheroidization, and purification: Proved that La Loutre material is suitable for battery applications - Sph
Slide 42: Traditional Graphite Markets Opportunities in addition to EV, ICE and Energy Storage
Traditional Graphite Markets Opportunities in addition to EV- ICE and Energy Storage • Engineered Products include electronics, agriculture, automotive, ceramics, government defence, carbon brushes, and fire retardants that use natural flake graphite. Graphite foils in sheets and rolls are used in e