Lithium Ionic Upgrades to OTCQX Best Markets
September 28 2023 - 6:00AM
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium
Ionic” or the “Company”), an exploration and development-stage
mining company advancing its hard rock lithium projects in Minas
Gerais, Brazil, reports that its common shares were approved for
trading in the United States on the OTCQX® Best Market, the top
tier of the OTC Markets, effective September 27, 2023. The
Company’s common shares previously traded on the OTCQB Venture
Market and will continue to trade under the US trading symbol
“LTHCF.”
Blake Hylands, P.Geo., Chief Executive Officer
of Lithium Ionic, commented, “The graduation to the OTCQX platform
marks an important step for Lithium Ionic, which will increase our
exposure to a broader US investor audience and make it easier for
this large community to invest in our Company as we rapidly advance
our hard rock lithium projects towards production in Brazil.”
The OTCQX Market is intended for established,
investor-focused U.S. and international companies. To qualify for
OTCQX, companies must meet prescribed financial standards, follow
best practice corporate governance guidelines, and demonstrate
compliance with applicable securities laws. Trading on the OTCQX
Market marks an important milestone for companies, enabling them to
demonstrate their qualifications and build visibility among U.S.
investors. The companies found on the OTCQX are distinguished by
the integrity of their operations and diligence with which they
convey their qualifications.
Investors can find current financial disclosure
and trading status Real-Time Level 2 quotes for Lithium Ionic on
www.otcmarkets.com.
About Lithium Ionic Corp.
Lithium Ionic is a Canadian mining company
exploring and developing its lithium properties in Brazil. Its
flagship Itinga and Salinas projects cover 14,182 hectares in the
northeastern part of Minas Gerais state, a mining-friendly
jurisdiction that is quickly emerging as a world-class hard-rock
lithium district. The Itinga Project is situated in the same region
as CBL’s Cachoeira lithium mine, which has produced lithium for +30
years, as well as Sigma Lithium Corp.’s Grota do Cirilo project,
which hosts the largest hard-rock lithium deposit in the
Americas.
Investor and Media
Inquiries:
+1 647.316.2500info@lithiumionic.com
Cautionary Note Regarding
Forward-Looking Statements
This press release contains statements that
constitute “forward-statements.” Such forward looking statements
involve known and unknown risks, uncertainties and other factors
that may cause the Company’s actual results, performance or
achievements, or developments to differ materially from the
anticipated results, performance or achievements expressed or
implied by such forward-looking statements. Although the Company
believes, in light of the experience of its officers and directors,
current conditions and expected future developments and other
factors that have been considered appropriate that the expectations
reflected in this forward-looking information are reasonable, undue
reliance should not be placed on them because the Company can give
no assurance that they will prove to be correct. When used in this
press release, the words “estimate”, “project”, “belief”,
“anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or
“should” and the negative of these words or such variations thereon
or comparable terminology are intended to identify forward-looking
statements and information. The forward-looking statements and
information in this press release include information relating to
the prospectivity and development of the Company’s mineral
properties, the listing and trading of the Company’s common shares
on the OTCQX and the Company’s future plans. Such statements and
information reflect the current view of the Company. Risks and
uncertainties that may cause actual results to differ materially
from those contemplated in those forward-looking statements and
information. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors which may
cause our actual results, performance or achievements, or other
future events, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. The forward-looking information
contained in this news release represents the expectations of the
Company as of the date of this news release and, accordingly, is
subject to change after such date. Readers should not place undue
importance on forward-looking information and should not rely upon
this information as of any other date. The Company undertakes no
obligation to update these forward-looking statements in the event
that management’s beliefs, estimates or opinions, or other factors,
should change.
Information and links in this press release
relating to other mineral resource companies are from their sources
believed to be reliable, but that have not been independently
verified by the Company.
Neither the TSXV nor its Regulation
Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this
press release.
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