Lithium Ionic Corp
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Blake Hylands
- Full Time Employees
- 93
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 36 Lombard Road Toronto ON Canada M5C 2X3
- IPO Date
- Apr 6, 2021
- Website
- lithiumionic.com
- Similar Companies
- Business
- Lithium Ionic Corp. (TSXV: LTH) is a Canadian mining company focused on the acquisition, exploration, and development of lithium properties in Brazil's Lithium Valley, a premier hard-rock lithium district in northeastern Minas Gerais state; the company holds a dominant land position spanning 14,668 hectares across the Itinga and Salinas groups of properties, targeting production of high-quality spodumene concentrate to supply the global electric vehicle and battery supply chains. Its flagship Bandeira project, a 157-hectare property adjacent to operating mines by CBL and Sigma Lithium, features an updated September 2025 Feasibility Study outlining an 18.5-year mine life producing 177,000 tonnes per annum of 5.2% Li2O spodumene concentrate at low capex and opex, with a post-tax NPV8 of US$1.45 billion and IRR of 61%; the Itinga group also includes the high-grade Outro Lado deposit, while the Salinas group encompasses the Baixa Grande deposit with a January 2025 mineral resource estimate reflecting 32% growth. Founded in early 2022 and headquartered at 36 Lombard Street, Toronto, Ontario, Canada, Lithium Ionic operates through subsidiaries with 100% ownership in Itinga (including seven mineral licenses covering approximately 1,300 hectares) and 85% interest in Salinas. Recent developments include a US$20 million non-dilutive royalty financing from Appian Capital Advisory in 2024 to advance Bandeira; a non-binding US$266 million Letter of Interest from the U.S. Export-Import Bank for project debt financing by late 2024; completion of a C$18.3 million private placement in October 2025 with strong insider and strategic investor participation, including lithium veterans from RTEK International DMCC; filing of an NI 43-101 technical report in October 2025 for the updated Bandeira Feasibility Study; and engagement of RTEK in April 2025 to support project optimization and permitting, with the LAC environmental license in final review stages to enable construction.
Company News
Lithium Ionic Corp. (OTCMKTS:LTHCF) Stock Short Interest Report for September
Lithium Ionic Completes US$37.5 Million Sale of its Salinas Group of Lithium Properties to PLS
Lithium Ionic Reports AGM Voting Results, Including Election of Two New Independent Directors
Lithium Ionic Announces Agreement to Sell its Salinas Group of Lithium Properties to PLS for US$37.5 Million in Cash, Retaining a 2.0% Royalty on Future Spodumene Sales
Lithium Ionic Announces Withdrawal of Shareholder Requisition for a Special Meeting
Lithium Ionic Comments on Statement of Claim Filed by Emerita Resources
Lithium Ionic Advances Construction Readiness at Bandeira; Secures Construction-Phase Water Access and Provides Engineering and Procurement Updates
Lithium Ionic Strengthens Board with Appointment of Brazilian Mining and Governance Executive Clovis Torres
Lithium Ionic to Present at the Fastmarkets Global Lithium, Battery & Critical Materials Conference in Las Vegas
Lithium Ionic Comments on Emerita Shareholder Litigation
Lithium Ionic Files Annual and Interim Financial Statements
Lithium Ionic Files Annual and Interim Financial Statements
Lithium Ionic Announces Date for Annual and Special Meeting Of Shareholders
Lithium Ionic Responds to Shareholder Requisition
Lithium Ionic Announces Application for Management Cease Trade Order
Lithium Ionic Announces Board and Management Changes
Lithium Ionic Confirms Valid Title to Brazilian Mineral Claims
Lithium Ionic Secures Offtake Agreements with Leading Integrated Lithium Producers, Including One of the World's Largest Lithium Hydroxide Producers, for Bandeira Project Production
Lithium Ionic: 2025 Year in Review – Advancing Toward Construction in Brazil's Lithium Valley
Lithium Ionic (OTCMKTS:LTHCF) Trading 3.7% Higher – Time to Buy?