Lomiko Sends 94%-100.00%, High to Ultra Pure Carbon Flake Graphite Samples to Graphene Labs for Graphite to Graphene Testing

VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK -- (Marketwired) -- 04/16/13 -- LOMIKO METALS INC. (TSX VENTURE: LMR)(PINKSHEETS: LMRMF)(FRANKFURT: DH8B) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company") announces that it has prepared a variety of high to ultra pure carbon flake graphite samples for testing by Strategic Alliance Partner Graphene Laboratories Inc. ("Graphene Labs"), which has been involved in researching graphene and the development of graphene-related products.

Lomiko and Graphene Labs plan to co-develop a vertically integrated supply chain that includes a secure supply of high-quality graphite, cost-effective and scalable processing, tight quality control and integration of graphene-based products in end-user products. The parties will capitalize on the secure supply of high quality graphite, provided by Lomiko, and the extensive customer database and expertise in graphene materials brought by Graphene Labs.

Lomiko will provide mineral samples from the Quatre Milles Project required for testing natural high quality flake graphite for graphene conversion. The primary goal of testing is for Graphene Labs to develop a feasible procedure for the purification of flake graphite for use in graphene production. Graphene Labs will also provide guidance on technologies tailored to the production of graphene and graphene-related materials.

Further, Lomiko will continue to work towards securing financing to complete the acquisition of the Quatre Milles West Property.

Graphene Laboratories Inc. Background

Graphene Laboratories, Inc., located in Calverton, NY, specializes in the manufacture and sale of research materials to R&D markets, with the world's largest selection of advanced and 2D materials. Having been first in the market to introduce graphene materials for research use, the company is working towards industrial-scale production of graphene and graphene-like materials, currently with pilot-scale production capabilities. The team at Graphene Laboratories are recognized experts in graphene materials, with staff regularly presenting at international conferences and exhibitions. Researchers at Graphene Labs also specialize in custom projects and R&D.

Graphene Laboratories Inc. operates both the Graphene Supermarket® (www.graphene-supermarket.com) and Maximum Materials™ (www.maximum-materials.com), and is a leading supplier of advanced 2D materials to thousands of customers around the globe. The company offers a wide variety of graphene materials, as well as other advanced 2D nanomaterials such as molybdenum disulfide, tungsten disulfide, and boron nitride products.

For more information on Graphene Laboratories, Inc, visit www.graphenelabs.com or contact them at (516)-382-8649 or via email at info@graphenelabs.com.

Lomiko Metals Inc Background

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 Quatre Milles Graphite Property and the Vines Lake property which both have had recent major discoveries. In April, 2012, a 122 Ha zinc anomaly in soils was found on the Company's 100% owned Vines Lake property. The Vines Lake property is located in the south western corner of the Cassiar Gold District. The Vines Lake property consists of fifteen claims comprising 5,290 hectares. In October and November, 2012, Lomiko Metals Inc. announced 11 drill holes had intercepted several high grade intercepts of 9.81%, 10.11% and 10.80% over 3 to 5 metres in length 4.77 metres or less from the surface at the 3,780 Ha Quatre Milles Property indicating open pit potential. The project is located 175 km north of the Port of Montreal and 26 km from a major highway on a well-maintained gravel road.

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.

Contacts:

Lomiko Metals Inc.

A. Paul Gill

604-729-5312
info@lomiko.com
www.lomiko.com