Lomiko Metals Completes the Previously Announced Arrangement With Global Battery Materials

For best results when printing this announcement, please click on link below: Lomiko Metals Completes the Previously Announced Arrangement With Global Battery Materials Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (“Lomiko” or the “Company”) is pleased to announce the successful completion of the previously announced plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia) involving Global Battery Materials Corp. (“GBM”) and the Company, pursuant to which GBM, among other things, acquired all outstanding shares of Lomiko (the “Shares”) for cash consideration of $0.13 per Share, all in accordance with the terms of the Arrangement. The consideration under the Arrangement has been remitted by GBM to Olympia Trust Company, as depositary under the Arrangement, and will be paid to former securityholders of Lomiko, as applicable, as soon as reasonably practicable after the date hereof (or, in the case of registered shareholders and in-the-money warrantholders of the Company, as soon as reasonably practicable after a properly.