Lithium Ionic Corp.

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 [...]

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 [...]

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 [...]

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 [...]