Lithium Ionic Corp.

Lithium Ionic Corp. reports that it has closed its underwritten private placement financing , including the exercise in full of the underwriters' over-allotment option. A total of 13,690,635 common shares of the Company were issued at a price of $2.10 per Share for aggregate gross proceeds of $28,750,334 . The Company intends to use the net proceeds from the Offering to continue funding mineral exploration and development [...]

Lithium Ionic Corp. reports initial results from a planned 20,000-metre drill program at the Salinas Lithium Project . Drilling commenced in May 2023, following the acquisition of Salinas in March . Salinas is located approximately 100 kilometres north of its Itinga Lithium Project , within the lithium-rich Araçuaí Pegmatite District in the northern region of Minas Gerais State, Brazil . The Company is currently drilling [...]

Lithium Ionic Corp. reports assay results from its 100%-owned Bandeira property, located within the lithium-rich Araçuaí district in the state of Minas Gerais, Brazil. These results form part of an ongoing 50,000 metre expansion and definition drilling program for H2 2023 targeting the Bandeira and Outro Lado lithium deposits, as well as other prospective regional targets, including Salinas and Itira. Bandeira Drill [...]

Lithium Ionic Corp. reports that it has signed a non-binding Memorandum of Understanding with the State Economic Department of Minas Gerais and the Minas Gerais Integrated Development Institute, together referred to as Invest Minas, granting the Itinga and Salinas Lithium Projects priority status in the state, potentially streamlining and accelerating the regulatory approval process for environmental licensing, project [...]

Lithium Ionic Corp. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and Canaccord Genuity Corp. as co-lead underwriters on behalf of a syndicate of underwriters to purchase, on a bought deal private placement basis, 11,904,900 common shares of the Company at a price of $2.10 per Common Share, for aggregate gross proceeds of $25,000,290 . The Company has also granted to the [...]

Lithium Ionic Corp. reports assay results from its 100%-owned Bandeira property, located within the lithium-rich Araçuaí district in the state of Minas Gerais, Brazil. These results form part of an ongoing 50,000 metre expansion and definition drilling program for H2 2023 targeting the Bandeira and Outro Lado lithium deposits, as well as other prospective regional targets, including Salinas and Itira. On June 27, 2023 [...]

Lithium Ionic Corp. is pleased to announce a maiden National Instrument 43-101 compliant mineral resource estimate on its Itinga Lithium Project in Minas Gerais, Brazil, of 7.57 million tonnes grading 1.40% lithium oxide of Measured and Indicated and 11.86Mt grading 1.44% Li2O of Inferred resources. The Project is located between the towns of Araçuaí and Itinga within Brazil's "Lithium Valley" - a hard rock lithium [...]

Lithium Ionic Corp. is pleased to report that it will be exhibiting at the Fastmarkets 15th annual Lithium Supply and Battery Raw Materials 2023 this week, from June 20th to 22nd, in Las Vegas, Nevada. This event is the biggest battery materials event globally, attracting the leading companies across the entire supply chain, including explorers to producers, and key mid and downstream players. The Company's CEO, Blake [...]

Lithium Ionic Corp. reports assay results from its 100%-owned Bandeira property, located within the lithium-rich Araçuaí district in the state of Minas Gerais, Brazil. The results are part of the initial 30,000-metre delineation drill program that will culminate in an initial NI 43-101 compliant mineral resource estimate expected by the end of Q2 2023. The MRE will include data from the last year of drilling at the [...]

Lithium Ionic Corp. reports additional assay results from the Galvani target as part of a near-complete 30,000 metre delineation drill program that is expected to culminate in an initial NI 43-101 compliant mineral resource estimate for the Bandeira and Galvani targets, expected in Q2 2023. The Company has to date completed 28,400 metres of drilling at the Bandeira and Galvani properties and is currently drilling the last [...]