(Vancouver, B.C) May 14, 2019 Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTCQB: LMRMF, FSE: DH8C, (ISIN:CA54163Q1028) (WKN:A0Q9W7) (LEI:529900GJP51V4HR9MN94) is pleased to report that Mr. Sandio Pereira, the former Processing Manager for the world’s biggest graphite mine, the Balama Project owned by Syrah Resources of Australia, has joined the Lomiko Board of Advisors as Lomiko moves toward establishing a Pre-economic Assessment.
“We are very honoured to have Mr. Pereira identify the La Loutre Project as having world class potential and provide his expertise and contacts to help move the project forward,” stated A. Paul Gill, CEO.
Mr. Pereira has recognized North American projects may have good potential based on recent comments by US Senator Lisa Murkowski in her keynote address at the Benchmark Minerals Conference in New York in which she states:
“The significance of foreign oil dependence is widely understood, but our foreign mineral dependence is equally – if not more – serious. Last year [the United States] imported at least 50 percent of 48 minerals, including 100 percent of 18 of them. That should worry everyone, particularly because it is happening at the same time that demand, for everything from graphite and lithium to cobalt and nickel, is about to skyrocket…. I have introduced the American Mineral Security Act, a bipartisan bill that takes a comprehensive approach to rebuilding our domestic mineral supply chain. Unless we take significant steps, we’re at risk of ceding major economic drivers to other countries.”
Mr. Pereira is a Project Manager with a Master’s Degree in Mining, Metallurgical and Materials Engineering with extensive experience as a Process Engineer. He has over 30 years of experience in engineering, implementation, commissioning, ramp up, industrial operations, marketing and product development for mining companies in graphite including the development of spherical graphite for application in lithium-ion batteries. Mr. Pereira was a crucial member of the Syrah team as the company raised $150 million to start move the project forward to production and operation.
Benchmark Minerals will continue with their world tour and the next conference is sold out to the public but limited media passes are available. Battery Megafactories and Battery Materials in Vancouver, B.C. on May 15, 2019 at the Vancouver Convention Centre 8 am – 5:30 pm.
Lomiko Metals Inc
Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy. Its mineral properties include the 80% owned La Loutre and Lac Des Iles Graphite Properties and the 100% owned Quatre Milles Graphite Property.
It's wholly owned subsidiary Lomiko Technologies Inc. is a 40% owner of Graphene ESD Corp, a 18.5% holder of SHD Smart Home Devices www.shddevices.com which produces electronic products and a 20% holder of Promethieus Technologies Inc. www.promethieus.com a technology incubator launching an IPO in Europe.
For more information on Lomiko Metals, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com.
On Behalf of the Board,
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor. Neither 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
