Lithium Ionic Corp. , is pleased to announce that it has executed a binding term sheet with Appian Capital Advisory LLP to sell a 2.25% gross revenue royalty on its Bandeira Deposit in exchange for an upfront cash consideration of US$20,000,000 . Appian is an investment advisor to long-term, value-focused private capital funds that invest solely in mining and mining-related companies. Lithium Ionic intends to use the [...]
VANCOUVER, BC, May 30, 2024 /CNW/ - The following issues have been halted by CIRO Company: Lithium Ionic Corp. TSX-Venture Symbol: LTH All Issues: Yes Reason: Pending News Halt Time : 10:47 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
VANCOUVER, BC, May 29, 2024 /CNW/ - Trading resumes in: Company: Lithium Ionic Corp. TSX-Venture Symbol: LTH All Issues: Yes Resumption : 11:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
178,000tpa of spodumene concentrate production 14-year mine life After-tax NPV8 of US$1.3B; IRR of 40% All-in operating costs of $444/t SC5.5 *All amounts expressed in U.S. dollars unless otherwise noted TORONTO, May 29, 2024 -- Lithium Ionic Corp. is pleased to announce the results of a Feasibility Study for its 100%-owned Bandeira Lithium Project located in Minas Gerais, Brazil. The Bandeira claims span 157 hectares [...]
VANCOUVER, BC, May 29, 2024 /CNW/ - The following issues have been halted by CIRO Company: Lithium Ionic Corp. TSX-Venture Symbol: LTH All Issues: Yes Reason: Pending News Halt Time : 9:17 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
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, related to the updated Mineral Resource Estimate for the Project announced on April 12, 2024. The Technical Report, titled "NI 43-101 Technical Report - Mineral Resource Update on Bandeira Project, Araçuaí and Itinga, Minas Gerais State, Brazil" was prepared by [...]
Lithium Ionic Corp. reports that it has filed the independent NI 43-101 compliant technical report for its Salinas Lithium Project in Minas Gerais State, Brazil, related to an initial Mineral Resource Estimate for the Project announced on April 4, 2024. The Technical Report, titled "Independent Technical Report on Mineral Resources Estimate for the Baixa Grande - Salinas Lithium Project" was prepared by GE21 Consultoria [...]
Lithium Ionic Corp. , is pleased to report that it has received approval to draw water from the local Piauí River for its 100%-owned Bandeira Lithium Project in Minas Gerais, Brazil. The approval granting the right to use local water resources was granted on April 25, 2024, by the Minas Gerais Institute of Water Management , which authorizes a flow rate of 101.6 m³/hour, meeting the typical maximum consumption needs of [...]
Lithium Ionic is pleased to report new assay results for 23 drill holes from its Feasibility-stage Bandeira Lithium Project. Highlights from the latest high-grade results from Bandeira, include: Intercept highlights: 1.25% Li2O over 49.8m, incl. 1.46% Li2O over 27m; intersected from ~55m downhole 1.46% Li2O over 40m, incl. 2.02% Li2O over 6m, 1.83% Li2O over 7m and 3.38% Li2O over 5m; intersected from ~147m downhole 1.86 [...]
Excellent follow-up drill results from high-grade discovery holes at the "Noé" target announced in February 2024, including: 1.53% Li2O over 15m, incl. 2.31% Li2O over 8m 1.15% Li2O over 19m, incl. 1.67% Li2O over 10m 1.32% Li2O over 14m, incl. 2.16% Li2O over 7m The Noé target, located ~1.5km north of the mineral resource area, was not included in the NI 43-101 estimate announced on April 4, 2024 Salinas currently hosts [...]
Global Mineral Resources increase 26% to 60.1Mt: M&I: 32.51Mt grading 1.31% Li2O Inferred: 27.57Mt grading 1.24% Li2O Updated Bandeira Mineral Resources of 41.9 Mt grading 1.35% Li2O M&I: 23.68Mt grading 1.34% Li2O Inferred 18.25Mt grading 1.37% Li2O TORONTO, April 12, 2024 -- Lithium Ionic Corp. , is pleased to report an updated NI 43-101 compliant mineral resource estimate for the Bandeira Lithium Project , located [...]
Lithium Ionic Corp. is pleased to announce an initial NI 43-101 compliant Mineral Resource Estimate for its Salinas Lithium Project, increasing its global mineral resources by 45%. The Salinas property covers 662 hectares or ~4.5% of Lithium Ionic's large 14,182-hectare land package within the "Lithium Valley" in Minas Gerais State, Brazil, and represents the third NI 43-101 compliant lithium MRE the C...
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