Lithium Ionic Corp.

Lithium Ionic Corp. is pleased to report the results of its Annual General and Special Meeting of shareholders held on July 26, 2024 . Over 56% of the issued and outstanding shares of the Company were represented in person or by proxy and were voted at the Meeting significantly in favour of all the matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Management Information [...]

Lithium Ionic Corp. is pleased to announce the successful completion of the previously announced royalty agreement with Appian Capital Advisory LLP . Lithium Ionic Bandeira Corp. has executed a definitive royalty agreement with ANRF LI Ltd., an affiliate of Appian, granting a 2.25% gross revenue royalty in exchange for upfront cash consideration of US$20,000,000. This agreement aligns with the terms outlined in the [...]

Lithium Ionic Corp. reports that it has filed the independent NI 43-101 compliant technical report for its Bandeira Lithium Project in Minas Gerais State, Brazil, supporting and validating the Feasibility Study results press released on May 29, 2024. The Technical Report details a feasibility study that supports a robust project with strong economic viability, featuring a small footprint underground mine, an efficient and [...]

Lithium Ionic Corp. is pleased to provide an update on expanded drilling activities at its extensive claim holdings, including the Itinga and Salinas area properties, located in the Lithium Valley, in Minas Gerais State, Brazil. Regional Drilling at Itinga Area Properties A 4,000-metre drilling program has been initiated on four properties located between 2 to 10 kilometres from its flagship Bandeira Lithium Project , for [...]

Lithium Ionic Corp. is pleased to announce that its wholly-owned subsidiary, Neolit Minerals Participações Ltda , has entered into an option agreement with K2 Mineração e Exportação EIRELI, Super Clássico Comércio, Importação e Exportação Ltda. and Minerales Empreendimentos, Mineração e Participações Ltda. to acquire up to a 90% interest in select properties located in Itinga, within the Curralinho Pegmatite Field of the [...]

Lithium Ionic Corp. is pleased to announce that its wholly-owned subsidiary, Lithium Ionic Bandeira Corp. , has executed a definitive royalty agreement with ANRF LI Ltd., an affiliate of Appian Capital Advisory LLP , granting a 2.25% gross revenue royalty in exchange for upfront cash consideration of US$20,000,000 . This agreement is substantially in line with the terms previously disclosed in the Company's May 30, 2024 [...]

Lithium Ionic Corp. reports that, further to its May 30, 2024 press release, its wholly owned subsidiary, Neolit Minerals Participações Ltda , has completed the acquisition of the remaining 15% of select Salinas properties , located within the Curralinho Pegmatite Field of the lithium-rich Araçuaí Pegmatite District, in Minas Gerais, Brazil . Lithium Ionic now owns 100% of the Salinas group of properties . As [...]

Lithium Ionic Corp. announces the closing, on an oversubscribed basis, of its previously announced non-brokered private placement offering led by long-term strategic shareholders, Fourth Sail Capital and the PowerOne Capital Group. Under the Offering, the Company issued 17,769,778 units at $0.90 per Unit for gross proceeds of $15,992,800.30. Each Unit is comprised of one common share in the capital of the Company and [...]

Lithium Ionic Corp. announces a non-brokered private placement financing of 16,666,666 units at $0.90 per Unit for gross proceeds of $15,000,000 with long-term strategic shareholders of the Company that are supportive of the Company's strategy to become a near-term lithium producer in Brazil's 'Lithium Valley', a region of global significance for hard-rock lithium production. Each Unit will be comprised of one common [...]

Lithium Ionic Corp. reports that its wholly owned subsidiary, Neolit Minerals Participações Ltda , has entered into a binding agreement to acquire the remaining 15% of select Salinas properties , located within the Curralinho Pegmatite Field of the lithium-rich Araçuaí Pegmatite District, in Minas Gerais, Brazil . Upon closing of the Agreement, Lithium Ionic will own 100% of all the Salinas group of properties . As [...]