Lithium Ionic Corp. (TSXV: LTH | OTCQX: LTHCF | FRA: H3N)

We are pleased to announce the successful completion of the US$20 million royalty agreement with Appian Capital. Read the news here: https://bit.ly/4d1v6kl #Lithium #Li #LTH #EV #Spodumene #LithiumMining $LTH.V $LTHCF

This morning we published the technical report supporting the Feasibility Study for our Bandeira Lithium Project, featuring: 🔋 14-year mine life producing an average of 178,000tpa of spodumene concentrate (5.5% Li2O) 🔋 After-tax NPV8 of US$1.3B; IRR of 40% 🔋 Industry-leading LOM operating costs of $444/t SC5.5 🔋 Low CAPEX of US$266 million The report can be found here: https://bit.ly/3zvilzl #Lithium #Li #Spodumene #LithiumMining #EV $LTH.V $LTHCF

In the current lithium market environment, investors are increasingly focused on project quality, ability to scale-up, and jurisdiction. In this recent interview with Crux Investor, our CEO, Blake Hylands, discussed the immense potential of our hard rock lithium development project in Brazil’s Lithium Valley: https://bit.ly/3zCsPgA Here's a overview of the points discussed: 🔋Near-Term Production: Bandeira is expected to produce nearly 200,000t of SC5.5 concentrate annually, positioning us as a leading near-term producer in the lithium market. 🔋Cost Efficiency: Our Bandeira Project has AISC of ~$500/t, ensuring high margins even in volatile market conditions. 🔋Market Outlook: Despite recent price fluctuations, the demand for lithium is set to grow at double-digit rates for the next decade or more. We're positioned to meet this demand with a high-quality, low-cost project. 🔋Strategic Partnerships: Our recent royalty financing with Appian underscores the confidence major investors have in our project and the broader lithium market. Stay tuned as we continue to rapidly advance our projects in this globally significant lithium belt. #Lithium #CleanEnergy #EV #LithiumMining #LithiumInvesting #Spodumene #Brazil #Sustainability $LTH.V $LTHCF

Lithium Ionic initiates drilling at four properties surrounding Bandeira development project and expands Salinas drilling Program to 30,000m in the Lithium Valley, Minas Gerais, Brazil. Read the news here: https://bit.ly/4crXpYQ #Lithium #Li #Spodumene #Brazil #EV $LTH.V $LTHCF

Lithium Ionic enters into an option agreement to acquire up to a 90% interest in new Itinga properties totaling 2,983 ha in the Lithium Valley, in Minas Gerais State, Brazil. #Lithium #Spodumene #Li #LithiumMining #EV $LTH.V $LTHCF

Lithium Ionic Executes Definitive Agreement for US$20 Million Royalty Financing with Appian Capital. Read the news here: https://bit.ly/3W0Xg8R #LithiumIonic #Lithium #LTH #EV $LTH $LTHCF

Lithium Ionic Completes Acquisition of Remaining 15% of Salinas Properties, Minas Gerais, Brazil. The Company now owns 100% of the Salinas group of properties, located within the Curralinho Pegmatite Field of the lithium-rich Araçuaí Pegmatite District, in Minas Gerais, Brazil. As consideration pursuant to the Transaction, Lithium Ionic has paid the vendor: 1) A cash payment of the Brazilian Real equivalent of US$2 million 2) The issuance of 2.5 million shares of Lithium Ionic Additionally, the Company is required to make a subsequent payment of the Brazilian Real equivalent of US$1 million by April 4, 2025. See the news release here: https://bit.ly/4c8qN5W $LTH.V #lithium #EV #batteries #electricity #greenenergy #newsrelease #sustainability #brazil #mining #spodumene

Lithium Ionic Announces $15M Premium to Market Private Placement With Strategic Shareholders. The terms of the non-brokered private placement financing includes 16,666,666 units at $0.90 per unit for gross proceeds of $15,000,000. Each unit is comprised of one common share and one-half of one common share purchase warrant. The private placement was conducted with long-term strategic shareholders of the Company that are supportive of our strategy to become a near-term lithium producer in Brazil’s ‘Lithium Valley’. Blake Hylands, P.Geo, Chief Executive Officer of Lithium Ionic, commented, “We are very grateful for the ongoing support of our strategic shareholders. On the back of the recently announced robust feasibility study, royalty financing and other positive developments, this Offering will allow us to accelerate our pathway to becoming a near-term lithium producer.” See the news here: https://bit.ly/3VoFNqE $LTH.V #lithium #news #brazil #exploration #battery #ev #electricity

Lithium Ionic Signs Agreement to Acquire Remaining 15% of Salinas Properties in Minas Gerais, Brazil. Consideration and terms of the transaction to the vendor includes: 🔋 Cash payment of US$2 million (in Brazilian Reals) by June 7, 2024 🔋 Cash payment of US$1 million (in Brazilian Reals) by April 4, 2025 🔋 Issuance of 2.5 million shares of Lithium Ionic by June 18, 2024 Blake Hylands, P.Geo., Chief Executive Officer, commented, “The MRE we have already established at Salinas represents a cornerstone asset in our portfolio of projects...We are very pleased to have secured a path to 100% ownership of these prospective properties.” A Preliminary Economic Assessment for Salinas is underway and is planned for completion in the second half of 2024. $LTH.V #lithium #battery #brazil #mining #spodumene #EV Read the news here: https://bit.ly/3wYxqZo

Lithium Ionic Announces Binding Term Sheet for US$20 Million Royalty Financing with Appian Capital Advisory LLP. Key terms that have been agreed upon include: ✅ A 2.25% Life of Mine gross revenue royalty on the Bandeira Project. ✅ A purchase price of US$20,000,000 payable to the Company upon closing. ✅ An option for the Company to fully buy-back the Royalty within the first five years for a fee of US$67,500,000. Lithium Ionic intends to use the proceeds of the Royalty to further advance the development and construction of our world-class Bandeira Lithium Project. Read the news here: https://bit.ly/3yCS1mp #lithium #royalty #news #pressrelease