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TORONTO, June 28, 2024 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Lithium Ionic Bandeira Corp. (the “Grantor”), has executed a definitive royalty agreement (the “Royalty Agreement”) with ANRF LI (JSY) Ltd., an affiliate of Appian Capital Advisory LLP (“Appian”), granting a 2.25% gross revenue royalty in exchange for upfront cash consideration of US$20,000,000 (the “Royalty”). This agreement is substantially in line with the terms previously disclosed in the Company’s May 30, 2024, news release. Appian is an investment advisor to long-term, value-focused private capital funds that invest solely in mining and mining-related companies.

Related tickers: LTH, LTHCF.

TORONTO, June 11, 2024 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports that, further to its May 30, 2024 press release, its wholly owned subsidiary, Neolit Minerals Participações Ltda (“Neolit”), has completed the acquisition of the remaining 15% of select Salinas properties (“Salinas” or the “Project”), located within the Curralinho Pegmatite Field of the lithium-rich Araçuaí Pegmatite District, in Minas Gerais, Brazil (the “Transaction”). Lithium Ionic now owns 100% of the Salinas group of properties (See Figure 1).

Related tickers: LTH, LTHCF.