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Lithium Ionic (LTH.V) Submits LAC License for Bandeira Project Development in Brazil

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Lithium Ionic (LTH.V) has announced the submission of its LAC license application, marking a significant step in the environmental and social permitting process for the Bandeira Lithium Project in Minas Gerais, Brazil. The company, a leader in Canadian mining, is actively exploring and developing its lithium properties, spanning 14,182 hectares in a region renowned for its hard-rock lithium deposits.

Advancing the Bandeira Lithium Project

The Bandeira Project, in close proximity to established lithium mines, signals a promising future for Lithium Ionic. With the technical expertise of Vice President Carlos Costa and CEO Blake Hylands, the company is poised for success. Both Costa and Hylands, qualified under NI 43-101, have endorsed the contents of this release.

Commitment to Sustainable Development

Lithium Ionic’s pursuit of the LAC license underscores its commitment to responsible mining practices and its dedication to the economic and environmental well-being of the Minas Gerais community.

Forward-Looking Statements Caution

This announcement contains forward-looking statements that involve risks and uncertainties. While the company’s management has set forth expectations based on their expertise and current conditions, there is no guarantee that these expectations will be met. Investors are cautioned not to place undue reliance on these statements.
The company remains focused on the mineralization and development of its properties and is working diligently to complete a Feasibility Study and the necessary environmental impact assessments for the Bandeira Project.

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