Epic Mining Corp.

Lomiko Metals Inc. LOMIKO RECEIVES USD $12 MILLION $17 MILLION CANADIAN GRANT FROM US DEPARTMENT OF DEFENSE AND CANADIAN GOVERNMENT

For Lomiko, the $8.4 million DPA award, along with the $3.6 million in Canadian funding, will enable the company to advance the La Loutre natural flake graphite project as a supplier of high-quality graphite for defense applications and the growing electric vehicle market in North America. DPA funds will be used to complete a pre-feasibility study, perform spherical graphite battery testing and value-added studies, and complete a definitive feasibility study. The range of studies will be used to de-risk and optimize project design and provide the technical foundation for the company to reach a construction decision for a battery-grade graphite anode facility. Upon successful completion of this effort, Lomiko aims to become a stable North American supply of graphite for use in batteries for EVs, defense applications, and many other mobile and stationary devices. The technical effort will take place in Quebec, Canada.

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$PM $PMMCF - Nice results - more to come. Put it on your watch list!

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