Global Battery Materials Acquires Lomiko Metals
July 27, 2026
Global Battery Materials agreed to acquire all outstanding shares of Lomiko Metals for C$0.13 per share in an all-cash court-approved arrangement, valuing Lomiko at approximately C$11 million. The acquisition adds Lomiko’s La Loutre Graphite Project, Yellow Fox Property and other graphite assets to Global Battery Materials’ integrated North American battery materials platform; the transaction was completed on October 6, 2026.
- Buyers
- Global Battery Materials Corp.
- Targets
- Lomiko Metals Inc.
- Industry
- Manufacturing
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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