Lithium Ionic Corp. reports assay results from an ongoing drilling program at its 100%-owned Bandeira property , in the state of Minas Gerais, Brazil. Bandeira is located ~800m South from the lithium-producing CBL mine and ~800m North from Sigma Lithium's Grota do Cirilo property, the largest lithium hardrock deposit in the Americas. Bandeira Results Highlights 1.22% Li2O over 9.2m, incl. 1.71% Li2O over 5.7m; and 2.46 [...]
Lithium Ionic Corp. is pleased to announce excellent initial results from metallurgical tests carried out on drill core samples from its Outro Lado target and the Bandeira target, two of several prospective 100%-owned lithium-focused properties in the state of Minas Gerais, Brazil, located in proximity to the lithium-producing CBL mine and Sigma Lithium's Grota do Cirilo property, the largest lithium hard rock deposit in [...]
Lithium Ionic Corp. is pleased to announce that it has entered into a binding asset purchase agreement with Mineraçao Borges Ltda. and MGLIT Impediment's Ltda., the Company's wholly-owned subsidiary, pursuant to which the Company shall acquire from Borges a 100% ownership interest in three mining claims covering a total of 1,527 hectares in Minas Gerais, Brazil . The three Claims to be acquired cover a total of 1,527 [...]
Lithium Ionic Corp. reports assay results from drilling at its Galvani claims, as well as Bandeira of its Itinga claims. The 100%-owned properties are located in the state of Minas Gerais, Brazil, neighbouring the lithium-producing CBL mine and Sigma Lithium's Grota do Cirilo property, the largest lithium hardrock deposit in the Americas . Results Highlights 1.98% Li2O over 25.63m 1.99% Li2O over 6.75m 1.56% Li2O over [...]
Lithium Ionic Corp. , a lithium exploration company actively drilling on its ~2,000 ha claims located in the prolific Aracuai lithium province in Minas Gerais State, Brazil, is pleased to announce that Tom Olesinski has joined the Company as Chief Financial Officer, bringing over 20 years of finance and management experience. "We are thrilled to have Mr. Olesinski join the team," said Blake Hylands, Chief Executive [...]
Lithium Ionic Corp. is pleased to announce that it has closed its previously announced private placement offering of common shares of the Company pursuant to which the Company issued 15,625,000 Shares at a price of $1.60 per Share for aggregate gross proceeds of $25,000,000 . The Offering was led by Clarus Securities Inc., as lead agent, on behalf of a syndicate of agents that included Cormark Securities Inc., PowerOne [...]
Lithium Ionic Corp. reports additional positive drilling results from the Galvani claims, which the Company recently acquired following a due diligence review. The Galvani claims, as well as its neighbouring 100%-owned Itinga Lithium Project are located in the state of Minas Gerais, Brazil, in the same district as the lithium producing CBL mine and Sigma Lithium's Barreiro deposit . New Galvani Drill Intercept Highlights [...]
Lithium Ionic Corp. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead agent on behalf of a syndicate of agents , whereby the Agents will raise up to C$25,000,000 through a "best efforts" private placement of up to 15,625,000 common shares of the Company to be priced at C$1.60 per Common Share. The gross proceeds raised under the Offering will be used for exploration and [...]
Lithium Ionic Corp. reports additional excellent drilling results from the Galvani claims, which the Company recently acquired following a thorough due diligence review. The Galvani claims, as well as its neighbouring 100%-owned Itinga Lithium Project are located in the state of Minas Gerais, Brazil, in the same district as the lithium producing CBL mine and Sigma Lithium's Barreiro deposit . New Galvani Drill Results [...]
Lithium Ionic Corp. is pleased to announce that further to its June 14, 2022 press release, the Company has completed the acquisition of two strategic lithium mining licenses in Minas Gerais, Brazil . The two large Licences are located approximately 2 km to the west of the large Xuxa lithium deposit of Sigma Lithium and approximately 3 km to the northwest of the CBL lithium mining operation. Previously Released Highlights [...]
Lithium Ionic Corp. reports additional excellent drilling results from the Galvani claims, on which it is currently conducting a due diligence review following the recently announced binding asset purchase agreement . The Galvani claims, as well as the Company's neighbouring 100%-owned Itinga Lithium Project are located in the state of Minas Gerais, Brazil, in the same district as the lithium producing CBL mine and Sigma [...]
Lithium Ionic is pleased to announce that, effective August 11, 2022, its common shares shall commence trading on the OTCQB in the US under the stock symbol “LTHCF”. The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York, and is the premiere marketplace for early-stage and developing U.S. and international companies. Participating companies must be current in their reporting and undergo [...]