{"success":true,"data":{"pressRelease":{"id":"151409","rtpr_id":"nBw2SlYrRa-20260923","ticker":"LMR","exchange":"","all_tickers":["LMR"],"title":"Lomiko Metals Securityholders Approve Arrangement With Global Battery Materials","author":"Business Wire","published_at":"2026-09-23T21:00:00.101Z","article_body":"Lomiko Metals Securityholders Approve Arrangement With Global Battery\nMaterials\n\nLomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (“Lomiko” or the\n“Company”) is pleased to announce the results of the special meeting (the\n“Meeting”) of holders (“Shareholders”) of common shares (“Shares”)\nand holders (together with Shareholders, the “Securityholders”) of common\nshare purchase warrants (“Warrants”) held earlier today. At the Meeting,\nthe Securityholders voted in favour of the special resolution (the\n“Arrangement Resolution”) approving the previously announced plan of\narrangement (the “Arrangement”) under the Business Corporations Act\n(British Columbia).\n\nThe purpose of the Arrangement is to effect, among other things, and subject\nto the satisfaction or waiver of all applicable conditions precedent, in an\nall-cash transaction, the acquisition by Global Battery Materials Corp.\n(“GBM”) of the outstanding Shares of Lomiko for $0.13 per Share, all in\naccordance with the terms of the arrangement agreement dated July 27, 2026\nbetween Lomiko and GBM (the “Arrangement Agreement”).\n\nThe Arrangement Resolution was approved by: (i) 88.13% of the votes cast by\nthe Shareholders present in person or represented by proxy at the Meeting;\n(ii) 87.81% of the votes cast by the Securityholders present in person or\nrepresented by proxy at the Meeting, voting together as a single class; and\n(iii) 86.34% of the votes cast by the Shareholders present in person or\nrepresented by proxy at the Meeting, excluding votes attached to the Shares\nheld by persons described in items (a) through (d) of Section 8.1(2) of\nMultilateral Instrument 61-101 – Protection of Minority Securityholders in\nSpecial Transactions.\n\nBelinda Labatte, Executive Chair of the Board of Directors of Lomiko, stated:\n“I would like to take this opportunity to thank our board of directors and\nmembers of the special committee for their advice and guidance throughout this\nprocess and our journey together at Lomiko; the special committee financial\nadvisor, EY Parthenon; the services of Evans & Evans, Inc. for their\nfairness opinion; and Olympia Trust Company, Carson Proxy and the Fasken\nMartineau DuMoulin LLP team for their ongoing advisory work at Lomiko and\ntransaction advice throughout this intense and complex process. Finally, I\nthank our partners, team members and investors for their support of this\ntransaction.”\n\nThe Arrangement remains subject to final approval by the Supreme Court of\nBritish Columbia (the “Court”). The Company intends to seek a final order\nof the Court approving the Arrangement, which is expected to be heard during\nthe week of September 28, 2026 at the courthouse located at 800 Smithe Street,\nVancouver, B.C. or in such other place as the Court may determine. Assuming\nall other closing conditions under the Arrangement Agreement are satisfied, it\nis expected that the Arrangement will be completed shortly thereafter.\n\nFurther information about the Arrangement can be found in the Company’s\nmanagement information circular dated August 26, 2026 for the Meeting, which\nis available under the Company’s profile on SEDAR+ at www.sedarplus.ca\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sedarplus.ca&esheet=54609800&newsitemid=20260923345513&lan=en-US&anchor=www.sedarplus.ca&index=1&md5=02203f15b2bb9048958a51982a3c4b0a)\nand on the Company’s website at www.lomiko.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.lomiko.com&esheet=54609800&newsitemid=20260923345513&lan=en-US&anchor=www.lomiko.com&index=2&md5=e0aded1b346c2edb84e4f8ffe903b22a)\n.\n\nAbout Lomiko Metals Inc.\n\nThe Company holds mineral interests in its advanced La Loutre Graphite Project\nin southern Québec. The La Loutre Graphite Project site is within the Kitigan\nZibi Anishinabeg (KZA) First Nation’s territory, which is situated within\nthe Outaouais and Laurentides regions. Located 180 kilometers northwest of\nMontreal, the property consists of one large, continuous block with 76 mineral\nexclusive exploration rights totaling 4,528 hectares (45.3 km(2)). The Company\nalso holds an interest in seven early-stage projects in southern Québec,\nincluding Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low, and Carmin,\ncovering 328 exclusive exploration rights over 18,622 hectares in the\nLaurentian region of Québec and within KZA territory. The Company has\noptioned an early-stage property prospect in the precious metals, antimony,\nand REEs. The Yellow Fox Property is located approximately 10 km southwest of\nthe Town of Glenwood, NL, and south of the Trans-Canada Highway.\n\nFor more information on Lomiko, visit the website at www.lomiko.com,\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.lomiko.com&esheet=54609800&newsitemid=20260923345513&lan=en-US&anchor=www.lomiko.com%2C&index=3&md5=504bf05cc9eb59e0313833d7bf9e4f2f)\ncontact Gordana Slepcev at 647-391-7344 or email: info@lomiko.com.\n(mailto:info@lomiko.com)\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nForward-Looking Information\n\nThis news release contains “forward-looking information” within the\nmeaning of applicable securities laws. Forward-looking information may be\nidentified by statements including words such as: “anticipate,”\n“intend,” “plan,” “budget,” “believe,” “project,”\n“estimate,” “expect,” “scheduled,” “forecast,” “strategy,”\n“future,” “likely,”\n\n“may,” “to be,” “could,” “would,” “should,” “will” and\nsimilar references to future periods or the negative or comparable\nterminology, as well as terms usually used in the future and the conditional.\n\nForward-looking information may include, without limitation, statements\nregarding the expected benefits of the Arrangement, the timing of various\nsteps to be completed in connection with the Arrangement, the anticipated\ntiming and completion of the Arrangement, the receipt of required court,\nregulatory and stock exchange approvals, the satisfaction or waiver of the\nconditions to completion of the Arrangement, and other statements that are not\nmaterial facts.\n\nForward-looking information is based on assumptions that may prove to be\nincorrect, including but not limited to, that the parties will receive, in a\ntimely manner and on satisfactory terms, the necessary court, stock exchange\nand regulatory approvals, and that the parties will otherwise be able to\nsatisfy, in a timely manner, the other conditions to the closing of the\nArrangement.\n\nThe Company considers these assumptions to be reasonable in the circumstances.\nHowever, there can be no assurance that such assumptions will reflect the\nactual outcome of such items or factors. By its nature, forward-looking\ninformation involves known and unknown risks, uncertainties, changes in\ncircumstances and other factors that are difficult to predict and many of\nwhich are outside of the Company’s control, which may cause actual results\nto differ materially from any future or potential results expressed or implied\nby such forward-looking information.\n\nImportant factors that could cause actual results to differ materially from\nthose indicated in the forward-looking information include, among others: (i)\nthe possibility that the Arrangement will not be completed on the terms and\nconditions, or on the timing, currently contemplated, and that it may not be\ncompleted at all, due to a failure to obtain or satisfy, in a timely manner or\notherwise, required court and regulatory approvals or for other reasons; (ii)\nthe possibility of adverse reactions or changes in business resulting from the\nannouncement or completion of the Arrangement; (iii) risks relating to the\nCompany's ability to retain and attract key personnel during the interim\nperiod; (iv) the possibility of litigation relating to the Arrangement; (v)\nthe potential of a third party making a superior proposal; (vi) risks related\nto diverting management's attention from the Company's ongoing business\noperations; and (vii) other risks inherent to the business carried out by the\nCompany and factors beyond its control which could have a material adverse\neffect on the Company or its ability to complete the Arrangement. The Company\nhas assumed that the risk factors referred to above will not cause such\nforward-looking statements and information to differ materially from actual\nresults or events. The reader is cautioned to consider these and other\nfactors, uncertainties and potential events carefully and not to put undue\nreliance on forward-looking statements.\n\nOther than as specifically required by applicable Canadian law, the Company\nundertakes no obligation to update any forward-looking statement to reflect\nevents or circumstances after the date on which such statement is made,\nwhether as a result of new information, future events or results, or\notherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260923345513/en/\n(https://www.businesswire.com/news/home/20260923345513/en/)\n\nLomiko Metals Inc.\n\nGordana Slepcev\n\n647-391-7344\n\ninfo@lomiko.com (mailto:info@lomiko.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw2SlYrRa-20260923","title":"Lomiko Metals Securityholders Approve Arrangement With Global Battery Materials","author":"Business Wire","ticker":"LMR","created":"2026-09-23T21:00:00.101Z","tickers":["LMR"],"exchange":"","article_body":"Lomiko Metals Securityholders Approve Arrangement With Global Battery\nMaterials\n\nLomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (“Lomiko” or the\n“Company”) is pleased to announce the results of the special meeting (the\n“Meeting”) of holders (“Shareholders”) of common shares (“Shares”)\nand holders (together with Shareholders, the “Securityholders”) of common\nshare purchase warrants (“Warrants”) held earlier today. At the Meeting,\nthe Securityholders voted in favour of the special resolution (the\n“Arrangement Resolution”) approving the previously announced plan of\narrangement (the “Arrangement”) under the Business Corporations Act\n(British Columbia).\n\nThe purpose of the Arrangement is to effect, among other things, and subject\nto the satisfaction or waiver of all applicable conditions precedent, in an\nall-cash transaction, the acquisition by Global Battery Materials Corp.\n(“GBM”) of the outstanding Shares of Lomiko for $0.13 per Share, all in\naccordance with the terms of the arrangement agreement dated July 27, 2026\nbetween Lomiko and GBM (the “Arrangement Agreement”).\n\nThe Arrangement Resolution was approved by: (i) 88.13% of the votes cast by\nthe Shareholders present in person or represented by proxy at the Meeting;\n(ii) 87.81% of the votes cast by the Securityholders present in person or\nrepresented by proxy at the Meeting, voting together as a single class; and\n(iii) 86.34% of the votes cast by the Shareholders present in person or\nrepresented by proxy at the Meeting, excluding votes attached to the Shares\nheld by persons described in items (a) through (d) of Section 8.1(2) of\nMultilateral Instrument 61-101 – Protection of Minority Securityholders in\nSpecial Transactions.\n\nBelinda Labatte, Executive Chair of the Board of Directors of Lomiko, stated:\n“I would like to take this opportunity to thank our board of directors and\nmembers of the special committee for their advice and guidance throughout this\nprocess and our journey together at Lomiko; the special committee financial\nadvisor, EY Parthenon; the services of Evans & Evans, Inc. for their\nfairness opinion; and Olympia Trust Company, Carson Proxy and the Fasken\nMartineau DuMoulin LLP team for their ongoing advisory work at Lomiko and\ntransaction advice throughout this intense and complex process. Finally, I\nthank our partners, team members and investors for their support of this\ntransaction.”\n\nThe Arrangement remains subject to final approval by the Supreme Court of\nBritish Columbia (the “Court”). The Company intends to seek a final order\nof the Court approving the Arrangement, which is expected to be heard during\nthe week of September 28, 2026 at the courthouse located at 800 Smithe Street,\nVancouver, B.C. or in such other place as the Court may determine. Assuming\nall other closing conditions under the Arrangement Agreement are satisfied, it\nis expected that the Arrangement will be completed shortly thereafter.\n\nFurther information about the Arrangement can be found in the Company’s\nmanagement information circular dated August 26, 2026 for the Meeting, which\nis available under the Company’s profile on SEDAR+ at www.sedarplus.ca\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sedarplus.ca&esheet=54609800&newsitemid=20260923345513&lan=en-US&anchor=www.sedarplus.ca&index=1&md5=02203f15b2bb9048958a51982a3c4b0a)\nand on the Company’s website at www.lomiko.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.lomiko.com&esheet=54609800&newsitemid=20260923345513&lan=en-US&anchor=www.lomiko.com&index=2&md5=e0aded1b346c2edb84e4f8ffe903b22a)\n.\n\nAbout Lomiko Metals Inc.\n\nThe Company holds mineral interests in its advanced La Loutre Graphite Project\nin southern Québec. The La Loutre Graphite Project site is within the Kitigan\nZibi Anishinabeg (KZA) First Nation’s territory, which is situated within\nthe Outaouais and Laurentides regions. Located 180 kilometers northwest of\nMontreal, the property consists of one large, continuous block with 76 mineral\nexclusive exploration rights totaling 4,528 hectares (45.3 km(2)). The Company\nalso holds an interest in seven early-stage projects in southern Québec,\nincluding Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low, and Carmin,\ncovering 328 exclusive exploration rights over 18,622 hectares in the\nLaurentian region of Québec and within KZA territory. The Company has\noptioned an early-stage property prospect in the precious metals, antimony,\nand REEs. The Yellow Fox Property is located approximately 10 km southwest of\nthe Town of Glenwood, NL, and south of the Trans-Canada Highway.\n\nFor more information on Lomiko, visit the website at www.lomiko.com,\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.lomiko.com&esheet=54609800&newsitemid=20260923345513&lan=en-US&anchor=www.lomiko.com%2C&index=3&md5=504bf05cc9eb59e0313833d7bf9e4f2f)\ncontact Gordana Slepcev at 647-391-7344 or email: info@lomiko.com.\n(mailto:info@lomiko.com)\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nForward-Looking Information\n\nThis news release contains “forward-looking information” within the\nmeaning of applicable securities laws. Forward-looking information may be\nidentified by statements including words such as: “anticipate,”\n“intend,” “plan,” “budget,” “believe,” “project,”\n“estimate,” “expect,” “scheduled,” “forecast,” “strategy,”\n“future,” “likely,”\n\n“may,” “to be,” “could,” “would,” “should,” “will” and\nsimilar references to future periods or the negative or comparable\nterminology, as well as terms usually used in the future and the conditional.\n\nForward-looking information may include, without limitation, statements\nregarding the expected benefits of the Arrangement, the timing of various\nsteps to be completed in connection with the Arrangement, the anticipated\ntiming and completion of the Arrangement, the receipt of required court,\nregulatory and stock exchange approvals, the satisfaction or waiver of the\nconditions to completion of the Arrangement, and other statements that are not\nmaterial facts.\n\nForward-looking information is based on assumptions that may prove to be\nincorrect, including but not limited to, that the parties will receive, in a\ntimely manner and on satisfactory terms, the necessary court, stock exchange\nand regulatory approvals, and that the parties will otherwise be able to\nsatisfy, in a timely manner, the other conditions to the closing of the\nArrangement.\n\nThe Company considers these assumptions to be reasonable in the circumstances.\nHowever, there can be no assurance that such assumptions will reflect the\nactual outcome of such items or factors. By its nature, forward-looking\ninformation involves known and unknown risks, uncertainties, changes in\ncircumstances and other factors that are difficult to predict and many of\nwhich are outside of the Company’s control, which may cause actual results\nto differ materially from any future or potential results expressed or implied\nby such forward-looking information.\n\nImportant factors that could cause actual results to differ materially from\nthose indicated in the forward-looking information include, among others: (i)\nthe possibility that the Arrangement will not be completed on the terms and\nconditions, or on the timing, currently contemplated, and that it may not be\ncompleted at all, due to a failure to obtain or satisfy, in a timely manner or\notherwise, required court and regulatory approvals or for other reasons; (ii)\nthe possibility of adverse reactions or changes in business resulting from the\nannouncement or completion of the Arrangement; (iii) risks relating to the\nCompany's ability to retain and attract key personnel during the interim\nperiod; (iv) the possibility of litigation relating to the Arrangement; (v)\nthe potential of a third party making a superior proposal; (vi) risks related\nto diverting management's attention from the Company's ongoing business\noperations; and (vii) other risks inherent to the business carried out by the\nCompany and factors beyond its control which could have a material adverse\neffect on the Company or its ability to complete the Arrangement. The Company\nhas assumed that the risk factors referred to above will not cause such\nforward-looking statements and information to differ materially from actual\nresults or events. The reader is cautioned to consider these and other\nfactors, uncertainties and potential events carefully and not to put undue\nreliance on forward-looking statements.\n\nOther than as specifically required by applicable Canadian law, the Company\nundertakes no obligation to update any forward-looking statement to reflect\nevents or circumstances after the date on which such statement is made,\nwhether as a result of new information, future events or results, or\notherwise.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260923345513/en/\n(https://www.businesswire.com/news/home/20260923345513/en/)\n\nLomiko Metals Inc.\n\nGordana Slepcev\n\n647-391-7344\n\ninfo@lomiko.com (mailto:info@lomiko.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-23T21:00:00.138657923Z","server_sent_at_ms":1790197200138},"received_at":"2026-09-23T21:00:00.231Z","source_url":"https://www.businesswire.com/news/home/20260923345513/en/"},"analysis":{"id":"140214","press_release_id":"151409","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["deal remains subject to court and regulatory approvals and could fail to close","forward-looking statement notes possibility of a superior proposal or litigation"],"eventType":"m_and_a","narrative":"Lomiko Metals securityholders approved the plan of arrangement for Global Battery Materials' all-cash acquisition of the company at $0.13 per share.\n\nThe resolution passed with 88.13% of shareholder votes and 87.81% of securityholder votes, including 86.34% minority approval under Multilateral Instrument 61-101.\n\nThe deal still needs final approval from the Supreme Court of British Columbia, with a hearing expected the week of September 28, 2026, and closing anticipated shortly thereafter.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Shareholder approval clears the main hurdle for GBM's $0.13/share cash takeover; watch the September 28 court hearing for the final order."},"keyFigures":{"dealValueUsd":"$0.13 per Share","customDimensions":{"minority_approval_pct":"86.34%","shareholder_approval_pct":"88.13%","securityholder_approval_pct":"87.81%"}},"quotedText":"I would like to take this opportunity to thank our board of directors and members of the special committee for their advice and guidance throughout this process","namedEntities":{"people":[{"name":"Belinda Labatte","role":"Executive Chair of the Board"},{"name":"Gordana Slepcev","role":"media contact"}],"products":["La Loutre Graphite Project","Yellow Fox Property"],"companies":[{"name":"Lomiko Metals Inc.","ticker":"LMR","relationship":"target"},{"name":"Global Battery Materials Corp.","relationship":"acquirer"},{"name":"EY Parthenon","relationship":"financial advisor"},{"name":"Evans & Evans, Inc.","relationship":"fairness opinion provider"},{"name":"Olympia Trust Company","relationship":"trustee"},{"name":"Carson Proxy","relationship":"proxy solicitation"},{"name":"Fasken Martineau DuMoulin LLP","relationship":"legal advisor"}],"dollarAmounts":[{"amount":"$0.13","context":"per-share cash consideration for the acquisition"}]},"materialImpact":{"score":4,"reasoning":"Securityholders approved the all-cash acquisition of Lomiko by Global Battery Materials at $0.13 per share, a key step toward closing the M&A deal; only court approval remains."},"tickerRelevance":{"others":[{"ticker":"LMRMF","relevance":"OTC listing of the same issuer"},{"ticker":"DH8C","relevance":"Frankfurt listing of the same issuer"}],"primary":"LMR"},"globalImportance":35,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"shareholder-approval-of-acquisition","marketCapAdjustment":"micro-cap issuer, low dollar deal","retailFavoriteBoost":false}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":4,"narrative":"Lomiko Metals securityholders approved the plan of arrangement for Global Battery Materials' all-cash acquisition of the company at $0.13 per share.\n\nThe resolution passed with 88.13% of shareholder votes and 87.81% of securityholder votes, including 86.34% minority approval under Multilateral Instrument 61-101.\n\nThe deal still needs final approval from the Supreme Court of British Columbia, with a hearing expected the week of September 28, 2026, and closing anticipated shortly thereafter.","key_figures":{"dealValueUsd":"$0.13 per Share","customDimensions":{"minority_approval_pct":"86.34%","shareholder_approval_pct":"88.13%","securityholder_approval_pct":"87.81%"}},"named_entities":{"people":[{"name":"Belinda Labatte","role":"Executive Chair of the Board"},{"name":"Gordana Slepcev","role":"media contact"}],"products":["La Loutre Graphite Project","Yellow Fox Property"],"companies":[{"name":"Lomiko Metals Inc.","ticker":"LMR","relationship":"target"},{"name":"Global Battery Materials Corp.","relationship":"acquirer"},{"name":"EY Parthenon","relationship":"financial advisor"},{"name":"Evans & Evans, Inc.","relationship":"fairness opinion provider"},{"name":"Olympia Trust Company","relationship":"trustee"},{"name":"Carson Proxy","relationship":"proxy solicitation"},{"name":"Fasken Martineau DuMoulin LLP","relationship":"legal advisor"}],"dollarAmounts":[{"amount":"$0.13","context":"per-share cash consideration for the acquisition"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-23T21:00:05.846Z","global_importance":35,"audience_relevance":20,"importance_components":{"tickerTier":"small-cap","eventGravity":"shareholder-approval-of-acquisition","marketCapAdjustment":"micro-cap issuer, low dollar deal","retailFavoriteBoost":false}},"durationMs":5601,"modelName":"glm-5.3-flashx"}}