Lithium Ionic Corp. (“Lithium Ionic” or the “Company”), a lithium exploration and development company focused on becoming Brazil’s next significant lithium producer, announces its participation in several institutional and retail investor conferences in the coming weeks.
Goldman Sachs Global Metals and Mining Conference
The Company has been invited to attend and present at the Goldman Sachs Global Metals and Mining Conference, being held on November 15-16, 2023, in New York. In addition to a full day of institutional investor meetings, CEO and Director, Blake Hylands, will be participating in a lithium panel taking place on November 15. Learn more about this conference here: https://events.gs.com/2023/gmmc/pco
Harbor Access Global SMID Cap Opportunities Virtual Conference
The Company is pleased to take part in the Harbor Access Global SMID Cap Opportunities Virtual Conference on Thursday, November 16th. Individual and institutional investors, as well as advisors and analysts, are invited to tune in to a live presentation by CEO, Blake Hylands, on Thursday, November 16, 2023, at 10:30am EST. This will be an interactive online event where attendees are invited to ask the Company questions in real-time. A recording of the presentation will be made available on the Company’s website at www.lithiumionic.com after the event for those who are unable to attend live. Investors will also have the opportunity to schedule 1-on-1 meetings with management at select times during the day. To register for the conference and watch the presentation, visit the following link: https://www.virtualinvestorconferences.com/events/event-details/global-smid-cap-opportunities-virtual-investor-conference
121 Mining Investment London
On November 20-21, 2023, the Company will be participating in London’s largest dedicated mining investment event. In addition to two full days of meetings with individual and institutional investors, as well as Family Offices, Lithium Ionic’s CEO, Blake Hylands, will be taking part in a Lithium Outlook panel discussion on Tuesday, November 21, at 2:30pm GMT. Learn more about this event here: https://www.weare121.com/121mininginvestment-london/
Lithium Ionic looks forward to sharing its story with new potential investors and existing shareholders at these upcoming events.
- Assets located in Mining-Friendly Jurisdiction
~14,182 ha land package in Minas Gerais, Brazil; the country's most favourable mining jurisdiction, where +300 mines currently operate. The state of Minas Gerais is known for its highly efficient and expeditious permitting process.
- Established Lithium-Producing District
Flagship Bandeira Project located within 500m of CBL’s Cachoeira lithium mine and <4km from Sigma Lithium’s Grota do Cirilo lithium mine. Regional proof-of-concept greatly reduces CAPEX and OPEX risk.
- Total Global Mineral Resource Estimate (“MRE”) Demonstrates Scale, High-grade and Significant Growth Potential
- Bandeira + Outro Lado Mineral Resource Estimates:
Measured & Indicated: 16.69Mt at 1.41% Li2O (~582kt LCE)
Inferred: 16.21Mt at 1.34% Li2O (~538kt LCE)
- From June to October 2023, Bandeira showcased a near-doubling of the MRE, which formed the basis of a Preliminary Economic Assessment (“PEA”).
- Recent PEA Highlights Robust Economics and Solid Foundation for Growth
A PEA for the Bandeira MRE (M&I: 13.72Mt grading 1.40% Li2O + Inferred: 15.79Mt grading 1.34% Li2O) supported a long-life (20-year) and low-cost spodumene concentrate mining project with a post-tax Net Present Value (“NPV”) of US$1.6 billion (~C$2.2 billion) and an Internal Rate of Return (“IRR”) of 121% (see press release dated October 19, 2023).
- Proven Brazilian Team
Over 80 years of cumulative experience in the exploration, development and operation of mining projects in Brazil; complemented by a strong technical and capital markets team based in Toronto, Canada.
- Growing Lithium Demand
The transition to green energy has made lithium one of the most sought-after metals. According to Benchmark Minerals Intelligence, demand for lithium carbonate equivalent (LCE) is set to increase to 2.4Mt in 2030, compared to around 600,000t in 2022, which is expected to lead to a growing supply-demand gap.
- Near-term Catalysts & High Re-rate Potential
- 50,000m mineral resource expansion and definition drill program underway for H2 2023
- Definitive Feasibility Study for Bandeira, including an updated MRE, expected in early 2024
- Environmental Impact Assessment underway and expected for completion in Q4 2023
- Environmental and Installation License (“LAC”, or Licença Ambiental Concomitante) expected to be submitted by year-end; approval expected in mid-2024.