|
FOR RELEASE
ACE LLC Announces ACE Graduate, Godana Slepsev's company has been acquired by Global Battery Materials.
Lomiko Metals Enters Into Definitive Agreement to Be Acquired by Global Battery Materials
Transaction supports the creation of a high-growth, responsible Canadian-based platform for the development, production and processing of graphite
Gordana Slepcev P.Eng., MSc., CDI, Chief Executive Officer and Director of Lomiko, stated: “Lomiko is proud of the work we’ve achieved to support our vision of building domestic critical minerals supply chains and producing critical minerals and materials in Québec, Canada, and North America for local energy transition solutions. The transaction provides immediate value to our shareholders while placing the La Loutre Graphite Project within an organization that combines Canadian graphite resources with advanced anode processing technology. We look forward to supporting an orderly transition and the continued advancement of the project through its next stages.”
Eric Miller, Chief Executive Officer and Director of Global Battery Materials, stated: “This acquisition marks another decisive step in our strategy to consolidate the fragmented battery supply chain and build a fully integrated graphite platform spanning mine to anode. Lomiko brings a portfolio of natural graphite assets that strengthen our North American footprint and deliver the scale to support a rapidly growing anode materials market. Once this transaction is approved, we plan to engage with local rightholders and stakeholders as part of a structured review of the La Loutre Graphite Project to determine next steps. We look forward to diversifying the critical minerals that power our proprietary anode processing technology as we scale production across North America and unlock the full potential of our platform.”
Read the full news release here.
|