Lithium ION Energy Ltd.

Lithium ION Energy Ltd. announces that it has closed its previously announced debt settlements with certain non-arm's length creditors . Pursuant to the Debt Settlement, the Company has settled an aggregate amount of $120,000 in debt in consideration for which it issued an aggregate of 3,000,000 common shares of the Company at a deemed price of $0.04 per share. All securities issued in relation to the Debt Settlement are [...]

Lithium ION Energy Ltd. is pleased to share that it has entered into a binding Joint Venture Agreement with SureFQ Ltd. for the advancement of the Urgakh Naran project in Mongolia, in which ION will continue to hold a 20% free carried interest through to commercial production. Highlights: Proven DLE operator looking to deploy modular capacity USD$5.5 in cash considerations to ION over 4.5 years USD$8.0M in development [...]

Lithium ION Energy is pleased to announce an update on the Victory Nickel Project in Mongolia, following the exploration joint venture that was entered into with Aranjin Resources Ltd., in February 2022. HIGHLIGHTS A strategic alliance was announced in February 2022, between ION and Aranjin, allowing both companies to grant one another reciprocal exploration rights to their respective exploration licences within Mongolia [...]

ION Energy is pleased to announce exciting leadership changes, as the Company continues on its rapid growth trajectory. Robert Payment will be joining the ION Energy team as Chief Financial Officer, as a seasoned CPA with 16 years of comprehensive experience spanning finance, reporting, regulatory compliance, public company administration, equity markets, and the financing of publicly traded companies. His career [...]

ION Energy is pleased to announce the Company has acquired two new claims by staking in NWT, Canada, identified as the Little Nahanni claims. The Little Nahanni claims total approximately 900 hectares and are in the area of pegmatites first identified in 1961. The Company believes the Little Nahanni claims are underexplored for lithium and represent opportunity for lithium discovery and positive partnerships with regional [...]

ION Energy announces that it has completed a non-brokered private placement of 4,000,000 units of the Company at a price of $0.25 per Unit, for aggregate gross proceeds of $1,000,000. Each Unit consists of one common share of the Company and one common share purchase warrant. Each Warrant entitles the holder to acquire one Share for $0.40 for a period of 12 months after the closing of the Offering, provided that in the [...]

ION Energy Ltd. has amended and restated the agreement to acquire the Bliss Lake Lithium Pegmatite Project in NWT, Canada . The Company's acquisition of Bliss Lake was originally announced in a press release dated May 11, 2023 . The A&R Agreement was entered into to clarify certain terms of the original agreement and the transaction. As a result of the amendments, the immediate consideration for the acquisition under the [...]

Highlights Bliss Lake Lithium Project is 5,798 hectares in area and totals five contiguous licences; Less then 15km from Li-FT Power Ltd's "Road Access Group" where numerous lithium bearing pegmatites have been identified and sampled with over 1% Li2O; Numerous pegmatite occurrences identified from Landsat images on the Bliss Lake Project the largest of which is interpreted to be over 300 metres in strike length; 30 kms [...]

ION Energy Ltd. , Mongolia's first lithium brine explorer and developer, is very pleased to share that hydrogeological studies have commenced at the 100%-owned Urgakh Naran site. This crucial step in the Company's exploration efforts is expected to lay the framework for NI 43-101 resource estimates at this site, and guide future exploration work. Lithological results released in December 2022 have shown the basin to be [...]

ION Energy Ltd. , Mongolia's first lithium brine explorer and developer, is very pleased to update the market on the progress of the water well drilling at its 100%-owned Urgakh Naran project. Water well drilling at UNWH-03 has now been completed to a depth of 300m, with a six-inch tricone bit, four-inch steel slotted pipes and gravel packed. The team has now deployed the Solinst pumps, bailers and various hydro [...]