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Lithium Ionic Discloses AGM Results

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Lithium Ionic Corp Announces Results of Annual General Meeting

Lithium Ionic Corp (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) is pleased to share the outcomes of its annual general meeting of shareholders held on October 5, 2023. The meeting saw shareholders voting in favor of various matters, including the re-election of directors and the appointment of auditors. The re-elected directors include Blake Hylands, Helio Diniz, Patrizia Ferrarese, David Gower, Lawrence Guy, and Michael Shuh. Additionally, Juliana Sprott and Ian Pritchard were elected as new independent directors. The Company expressed excitement about the valuable expertise and experience that Sprott and Pritchard will bring to the board.

Commitment to Philanthropy and Sustainability

Lithium Ionic's CEO, Blake Hylands, expressed enthusiasm about Juliana Sprott joining the team, highlighting her background and experience at the Sprott Foundation. Sprott's commitment to philanthropy and her understanding of responsible resource management align with the Company's core values. Her expertise and passion for sustainability will be invaluable as Lithium Ionic advances its projects. On the other hand, Ian Pritchard's extensive experience in project and operations management, particularly in Brazil, will prove instrumental as the Itinga project transitions to the next stage of development.

About Lithium Ionic Corp

Lithium Ionic Corp is a Canadian mining company focused on exploring and developing lithium properties in Brazil. The flagship projects, Itinga and Salinas, cover a significant area in the northeastern part of Minas Gerais state, known for its mining-friendly environment. The Company's projects are strategically located near other successful lithium mines, such as CBL's Cachoeira lithium mine and Sigma Lithium Corp's Grota do Cirilo project. Lithium Ionic Corp aims to contribute to the emerging hard-rock lithium district in this region. In conclusion, the positive outcomes of Lithium Ionic Corp's annual general meeting, along with the addition of new directors, signal an exciting time for the Company. Their commitment to philanthropy, sustainability, and expertise in project management positions Lithium Ionic for continued success in the lithium mining industry.

Implications of Lithium Ionic Corp's Annual General Meeting for New Businesses

The recent annual general meeting of Lithium Ionic Corp, a Canadian mining company, offers key insights for new businesses, particularly those in the mining sector. The company's shareholders voted in favor of various matters, including the re-election of directors and the appointment of auditors, demonstrating the importance of stakeholder engagement and decision-making in a business. For new businesses, the election of new independent directors, Juliana Sprott and Ian Pritchard, underscores the value of bringing diverse expertise to the board. Sprott's commitment to philanthropy and sustainability aligns with the company's core values, while Pritchard's experience in project and operations management will be instrumental in advancing the company's projects. This highlights the importance of assembling a leadership team with diverse skills and experiences. Furthermore, Lithium Ionic Corp's focus on exploring and developing lithium properties in Brazil, a mining-friendly region, emphasizes the importance of strategic location in business operations. The company's proximity to other successful lithium mines positions it for success in the emerging hard-rock lithium district. In conclusion, the outcomes of Lithium Ionic Corp's annual general meeting provide valuable lessons for new businesses in stakeholder engagement, leadership diversity, and strategic location.
Story First Published at: https://financialpost.com/globe-newswire/lithium-ionic-announces-agm-results
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