Lomiko Metals Inc.

Lomiko Metals — Investor Presentation (March 2025)

41 slides from Lomiko Metals's investor presentation, March 2025

  1. Slide 1: Critical minerals developer in Canada for a shared climate success story

    Critical minerals developer in Canada for a shared climate success story TSXV: LMR March 2025 OTC: LMRMF Frankfurt: DH8

  2. 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

  3. Slide 3: Land Acknowledgement

    Land Acknowledgement The land/projects where we operate are located within the traditional land of the Algonquin Anishnaabeg and Cree Eeyou Istchee Peoples. Our vision is to embrace Indigenous people and Indigenous values within our projects to develop a sustainable approach on our path to critical

  4. Slide 4: Lomiko 2025 advantage

    Lomiko 2025 advantage Exposure to two strategic minerals in demand in North America – graphite and antimony  New investment in antimony, silver, and gold exploration project in Newfoundland – excellent upside in critical mineral that is banned for export from China  La Loutre is the seventh bigges

  5. Slide 5: Graphite Market

    FO METALS. Graphite Market

  6. Slide 6: Lomiko: an ideal partner for investment into electrification growth market

    Lomiko: an ideal partner for investment into electrification growth market at 25% growth rate Outstanding investment opportunity to participate in energy transition and natural flake graphite with government partners with grants from Quebec, the USA Department of Defence and the Canadian Federal gov

  7. Slide 7: 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

  8. Slide 8: Grants and Awards – Non-dilutive capital

    Grants and Awards – Non-dilutive capital 8

  9. Slide 9: Over CA$16m concurrent Canadian and USA funding announced May 16

    Over CA$16m concurrent Canadian and USA funding announced May 16  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”) and CAN $4.9m contribution

  10. Slide 10: Summary of CMRDD program administered by Natural Resources Canada

    Summary of 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 wil

  11. Slide 11: La Loutre development

    La Loutre development A de-risked path to continued 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. • Area of focus now: Phases 1 & 2 Pha

  12. Slide 12: La Loutre and Graphite Portfolio

    La Loutre and Graphite Portfolio 12

  13. Slide 13: www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C

    www.lomiko.com TSXV: LMR OTC: LMRMF FRANKFURT: DH8C 13

  14. Slide 14: 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

  15. Slide 15: 2024 field program discovers zones spanning over 3.0 kilometer long

    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

  16. Slide 16: La Loutre PEA details dated September 2021

    La Loutre PEA details dated September 2021 • Two known deposits currently being explored: EV Carmin Zone and Battery Zone Zone • LOM plant production of 21.8 Mtonnes of mill feed at 6.78% Cg diluted EV Zone • Graphite concentrate production at 1.43 Mtonnes Battery grading 95.0% Cg Zone • 14.7-year m

  17. Slide 17: La Loutre: PEA Layout – great base to build on

    La Loutre: PEA Layout – great base to build on Mine layout and costs – PEA • Waste rock and tailings co-disposed • Efficient site water management with WASTE ROCK & no wet tailings EV ZONE CODISPOSAL PILE • Pits sequenced to maximize the returns starting from North – EV Pits to South – Battery Pits

  18. Slide 18: Lomiko advantage: Ranked as the seventh biggest deposit worldwide

    Lomiko advantage: Ranked as the seventh biggest deposit worldwide by Mining.COM Source: Mining.com 18

  19. Slide 19: La Loutre single-layer pouch full-cell battery testing

    La Loutre single-layer pouch full-cell battery testing met and 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 cell

  20. Slide 20: Next Steps – Phase 2 works: metallurgical and battery trials

    Next Steps – Phase 2 works: metallurgical and battery trials  CRITM Quebec studies • Process 1,100kg of the material to generate flotation flakes • Upgrade flakes to cSPG to create samples for the downstream customers  Polaris • Further 500-cycle battery testing  Air Classification Testing • Upgr

  21. Slide 21: La Loutre – Bulk Sample Locations

    La Loutre – 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 of 3

  22. Slide 22: Antimony Exploration

    Antimony Exploration 22

  23. Slide 23: 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

  24. Slide 24: 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

  25. Slide 25: Yellow Fox antimony prospect located 25km along the strike from Beaver Brook

    Yellow Fox antimony prospect located 25km along the strike from Beaver Brook past producing antimony mine • This style of polymetallic Au–Ag–Sb-As mineralization is spatially associated with the major structural feature termed the Dog Bay Line • Beaver Brook mine has been in existence for 20 years,

  26. Slide 26: 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

  27. Slide 27: Yellow Fox Next Steps

    Yellow Fox Next Steps • Approximately 700 soil samples on ten, 1000m long, 250m spaced lines trending approximately 110deg with samples taken every 25m along the line. • Should the soil sampling program be proven effective, expansion of the lines and additional lines to the south are warranted, whic

  28. Slide 28: Share structure

    Share structure 28

  29. Slide 29: Share structure

    Share structure Lomiko has a tight capital structure with 48.7m shares outstanding 29

  30. Slide 30: Lomiko collaborations

    “ LOMIKO * METALS Lomiko collaborations jG Polaris sexi Femina Collective ~— tena a waxatestion este CO ( e { ! | Investissement Innovation en traitement de minerais Québec Q Innovation in mineral processing International Canada LsTM e8ehH] UNIVERSITE National Research ay ES LAVAL Council Canada Gd

  31. Slide 31: For more information

    For more information info@lomiko.com Follow us @lomikometals on socials l l l f l

  32. Slide 32: 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

  33. Slide 33: Graphite Portfolio 2024 Results

    Graphite Portfolio 2024 Results 33

  34. Slide 34: Ruisseau 2024 Results

    Ruisseau 2024 Results Figure 1a: Ruisseau West Results Figure 1b: Ruisseau East Results 34

  35. Slide 35: Meloche 2024 Results

    “ LOMIKO METALS. Meloche 2024 Results \. ‘ C-Graphite % + © 0-10 Sy RS © 10-50 We ) 05 \L1 ls yah © 50-100 Se | Kilometers x @ 100-133 - - T Lam wie = T 72000 479009 420000 ‘481000 483 483000 44000 ‘5138009 1

  36. Slide 36: Tremblant 2024 Results

    Tremblant 2024 Results 514000 512000 513900 SO METALS. C-Graphite % © 0-10 ‘5105000 5181000 5180000

  37. Slide 37: Dieppe 2024 Results

    Fo METALS. D e 20 2 R It 460000 461000 462000 463000 464000 465000 466000 487000 468000 469000 47 leppe 4 Results F | > : ila i 8 ; | wae] | 2 : 8 ; ie é slime i eal ar & > & eal | ls { a & youl g ye! a : er e829 0.025455. 4, of Tat 5 a 5 a Ar H lo 45 90 Meters70f Osi" 7 ’ : ‘Ie 3 r g g } Lac de % t

  38. Slide 38: 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

  39. Slide 39: 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

  40. Slide 40: 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

  41. Slide 41: 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 and refines more than 90% of the world's graphite into the anode material. • Trade war on critical minerals is escalating – China banned shipments of gallium, germanium, antimony, and so-cal

Lomiko Metals — Investor Presentation (March 2025) on 6ix