Lomiko Metals and Quebec Precious Metals Report Intercept of 87.90 m of 7.14% Including 21.00 m of 15.48% Flake Graphite From La Loutre

(Vancouver, British-Columbia and Montreal. Que) – April 23, 2019 – Lomiko Metals Inc. (TSXV:LMR, OTC:LMRMF, FSE:DH8B) (Lomiko or the “Company”) and Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM”) are very pleased to announce the results from the first exploration diamond drill hole received from the 2019 program (see table 1 below) at the Refractory Zone at the La Loutre graphite property (the “Property”). A total of 21 holes were completed on the Refractory zone for a total of 2,800 m. Results from remaining 20 holes will be reported as they are received and compiled. Lomiko is currently owns 80% of the Property.

“We are impressed with the size and grade of the Refractory Zone. It has exceeded our expectations.” Stated A. Paul Gill, CEO of Lomiko.

Table 1: Results of 2019 drill program

* The width is drill indicated core length. Insufficient data exists to determine true widths at this time.

The current focus of drill campaign is the Refractory Zone. On March 24, 2016, a technical report prepared in compliance with NI 43-101 on standards of disclosure for mineral projects, was filed for the Property at the Graphene-Battery Zone. The report presented a mineral resource estimate of 18.4 M Tonnes at a grade of 3.19% carbon flake graphite (“Cg”) in the Indicated category and 16.7 M Tonnes at 3.75% Cg in the Inferred category using a cut-off of 1.5% Cg. The Property also includes several other untested anomalies.

The current drill hole intercept is approximately 350 m south-east from high grade drill hole intercepts in 2017 of 7.74% Cg over 135.60 m including 16.81% Cg over 44.10 m from LL-16- 01 and 110.80 m of 14.56% Cg in hole LL-16-03. Both holes are located at the Refractory Zone.

The mineralized area appears to be approximately 200 m wide, and including this intercept presented in this release, has a strike length of about 900 m in the northwest to southeast direction and is open in both directions.

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