Lomiko Metals Announces Receipt of Interim Court Order and Mailing of Management Information Circular Relating to Arrangement With Global Battery Materials

VANCOUVER, British Columbia — Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (“ Lomiko ” or the “ Company ”) is pleased to announce that it has filed and is in the process of mailing its management information circular (the “ Circular ”) and related meeting materials in connection with its upcoming special meeting of holders (“ Shareholders ”) of common shares (“ Shares ”) and holders of common share purchase warrants (together with Shareholders, the “ Securityholders ”) to be held on September 23, 2026 (the “ Meeting ”).

The purpose of the Meeting is to seek approval for the previously announced plan of arrangement under the Business Corporations Act (British Columbia), pursuant to which Global Battery Materials Corp. (the “ Purchaser ” or “ GBM ”) will acquire all of the outstanding Shares in an all-cash transaction (the “ Arrangement ”) for $0.13 per Share, all in accordance with the terms of the arrangement agreement dated July 27, 2026 between Lomiko and GBM (the “ Arrangement Agreement ”).

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In addition, Lomiko is pleased to announce that the Supreme Court of British Columbia (the “ Court ”) has granted an interim order (the “ Interim Order ”) authorizing, among other things, the calling, holding and conducting of the Meeting and other procedural matters in connection with the Arrangement.

Lomiko has also initiated all government and legal preclearance requirements related to its grants and contribution agreement, and all is progressing well and as expected.

In accordance with the Interim Order, the Meeting will be held in person on September 23, 2026 at 10:00 a.m. (Vancouver time) at the offices of Fasken Martineau DuMoulin LLP, 550 Burrard Street, Suite 2900, Vancouver, British Columbia V6C 0A3, and the record date for determining the Securityholders entitled to receive notice of, and vote at, such Meeting is the close of business on August 19, 2026.

At the Meeting, Securityholders will be asked to consider and, if deemed advisable, pass, with or without variation, a special resolution approving the Arrangement (the “ Arrangement Resolution ”).