Lithium Ionic Corp. announces that its Brazilian-based wholly owned subsidiary, MGLIT Empreendimentos Ltda. , has entered into a binding asset purchase agreement with Clésio Alves Gonçalves Mineraçao E Comercio Ltda pursuant to which MGLIT has acquired a strategic mining claim covering 1,000 hectares in Minas Gerais state, Brazil. With the [...]
Lithium Ionic Corp. announces that its Brazilian-based wholly owned subsidiary, MGLIT Empreendimentos Ltda. , has entered into a binding share purchase agreement with Exotic Mineração Ltda. pursuant to which MGLIT has the option to acquire up to a 100% equity interest in Vale Do Lítio Mineração Ltda. . Vale Litio has a 100% beneficial ownership [...]
Lithium Ionic Corp. reports assay results from an ongoing drilling program at its 100%-owned Bandeira property, located in the state of Minas Gerais, Brazil. Bandeira is located approximately 500 metres South of Companhia Brasileira de Lítio's Cachoeira mine, which has been producing lithium since 1993, and approximately 700 metres North of Sigma [...]
Lithium Ionic Corp. provides an overview of the Company's accomplishments in 2022, and an outline of its priorities and objectives for 2023. Lithium Ionic began trading on the TSX Venture Exchange in May of 2022 and has been aggressively exploring and delineating lithium mineralization at its wholly owned Itinga Project, covering approximately [...]
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 [...]
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 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]