Lithium Ionic Completes Acquisition Of The Galvani Lithium Licenses In Brazil

Sep 12, 2022•almost 3 years ago

Acquiring Company

Lithium Ionic

Acquired Company

Lithium Ionic

Toronto

TorontoMiningMining

Description

Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF) (“Lithium Ionic” or the “Company”) is pleased to announce that further to its June 14, 2022 press release, the Company has completed the acquisition of two strategic lithium mining licenses (the “Licenses” or the “Properties”) in Minas Gerais, Brazil (the “Transaction”).

Company Information

Company

Lithium Ionic

Location

Toronto, Ontario, Canada

About

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.

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