Lithium Ionic Announces AGM Results
October 05 2023 - 4:00PM
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium
Ionic” or the “Company”) is pleased to announce the results of its
annual general meeting of shareholders held on October 5, 2023 (the
"Meeting"). Shareholders voted in favour of all matters considered
at the Meeting, which included the re-election of Blake Hylands,
Helio Diniz, Patrizia Ferrarese, David Gower, Lawrence Guy and
Michael Shuh as directors of the Company, along with the election
of new independent directors Juliana Sprott and Ian Pritchard.
These directors will hold office for the upcoming year.
Shareholders also approved the appointment of Deloitte LLP as the
Company's auditors for the same period and endorsed the Company’s
existing stock option plan.
Blake Hylands, P.Geo., Chief Executive Officer
of Lithium Ionic, commented, “We’re thrilled to welcome Juliana
Sprott and Ian Pritchard to our team as valuable additions to our
board of directors. Juliana’s background and experience at the
Sprott Foundation are a testament to her commitment to philanthropy
and her deep understanding of the importance of responsible
resource management, which aligns with our core values. Her
expertise and passion for sustainability will be invaluable assets
as we advance our projects. Ian comes to us with extensive
experience managing engineering studies for mining projects and
overseeing operations management, particularly for projects in
Brazil, which will prove instrumental as our Itinga project
transitions to this stage of development. We look forward to
benefiting from their expertise and experience at this exciting
time for our Company.”
Ms. Sprott is the Chief Giving Officer at the
Sprott Foundation. Ms. Sprott has a B.A. from the University of
Western Ontario and completed the one-year program, The
Philanthropy Workshop, at the Institute for Philanthropy. She is
fluent in English and French.
Mr. Pritchard has over 30 years of experience in
project and operations management in the mining industry both in
North America as well as internationally, particularly in Brazil.
Mr. Pritchard’s mining experience includes the management of
pre-feasibility and feasibility studies, engineering, procurement
and construction management projects. He has held senior executive
positions at various organizations worldwide including SNC-Lavalin
and De Beers Canada.
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
results of the Meeting, the development of the Company’s projects
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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