TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSHV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) announces that it has filed an independent technical report compliant with NI 43-101 for the Bandeira Lithium Project (“Bandeira” or the “Project”) entitled “Bandeira Lithium Project, National Instrument (NI) Technical Report 43-101 – Final Feasibility Study Update, Arazuai Itinga, Minas Gerais, Brazil” (“2025 Technical Report”) with effective dates of September 17, 2025 and October 31, 2025.
Bandeira's 2025 Technical Report was prepared by representatives of experienced consulting groups: RTEK, GE21 and L&M, each of which is a qualified person in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), according to a company press release dated September 17, 2025.
Bandeira's 2025 technical report can be found on the company's website at: www.lithiumionic.comand on SEDAR+ at www.sedarplus.ca.
Qualified Persons
Each of the following Qualified Persons (“QPs”), as defined National Instrument 43-101 – Standards for Disclosure of Information on Mining Projects, do not depend on lithium-ion. QP has reviewed and approved the contents of this press release and confirm that it fairly and accurately reflects, in the form and context in which it is presented, the information contained in the relevant sections of the 2025 Technical Report for which they are responsible.
| Name of authorized person | Qualification | Accessories |
| Brian Colin Talbot | BA (Hons), FAusIMM | R-Tech |
| Carlos Jose Evangelista Silva | P.Geo., Master, AIG | GE21 |
| Hugo Ribeiro de Andrade Filho | P.Ing., FAusIMM | GE21 |
| Juliano Felix de Lima | MAY (KP) | GE21 |
| Porfirio Cabaleiro Rodriguez | P.Eng., Bachelor, FAIG | GE21 |
| Joao Augusto Hilario de Souza | Bachelor of Science, MBA | L&M Consulting |
| Noel Mark O'Brien | BE (Met), MBA, FAusIMM | R-Tech |
| Bernardo Horta de Cerqueira Viana | MBA I do | GE21 |
Compensation from RTEC for completed feasibility study
The Company confirms that, in accordance with its October 3, 2025 The company issued 7,430,305 shares of common stock to RTEK International DMCC (“RTEK”) pursuant to a service agreement dated April 2, 2025, according to the press release. The shares were issued as consideration for technical and strategic advisory services provided by RTEK in connection with the completion of Lithium Ionic's NI 43-101 feasibility study for the Bandeira project (see September 17, 2025 press release). The issue was approved by the TSX Venture Exchange.
On behalf of the Board of Directors of Lithium Ionic Corp.
Blake Highlands
Chief Executive Officer, Director
About Lithium-Ion Corporation.
Lithium Ionic is a Canadian mining company engaged in the exploration and development of lithium deposits in Brazil. Its flagship projects Itinga and Salinas cover 11,684 hectares in northeastern Minas Gerais, a mining-friendly jurisdiction that is rapidly emerging as a world-class hard rock lithium region. The Itinga project is located in the same region as CBL's Cachoeira lithium mine, which has been producing lithium for more than 30 years, and Sigma Lithium Corp.'s Grota do Cirilo project, home to the largest hard rock lithium deposit in the Americas.
Investor and media inquiries:
+1 647.316.2500
[email protected]
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements.” These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements or events to be materially different from the expected results, performance or achievements expressed or implied by such forward-looking statements. Although the Company believes that, based on the experience of its officers and directors, current conditions and expected future events and other factors considered appropriate, the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them, and 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 variations thereof or comparable terminology are intended to identify forward-looking statements and information. Forward-looking statements and information in this press release include information regarding the results of the feasibility study, the economic feasibility of the Bandeira Project, the Company's ability to finance and develop the Bandeira Project, the prospects and development of the Company's mineral resources, the services agreement with RTEC, the termination of the K2 Option Agreement and the Company's future plans. Such statements and information reflect the current views of the Company. There are risks and uncertainties that could cause actual results to differ materially from those projected in such forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that 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 press release reflects the Company's expectations as of the date of this press release and, accordingly, are subject to change after such date. Readers should not place undue reliance on forward-looking information and should not rely on this information as of any other date. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions or other factors change.
The information and references in this press release regarding other mining companies are taken from their sources believed to be reliable but have not been independently verified by the Company.
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