Lithium Ionic Announces $10M Non-brokered Private Placement Backed by Martin Rowley, RTEK and Key Strategic Shareholders
Lithium Ionic Announces $10M Non-brokered Private Placement Backed by
Martin Rowley, RTEK and Key Strategic Shareholders
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
TORONTO, ON, September 22, 2025 – Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE:
H3N) (“Lithium Ionic” or the “Company”) announces a non-brokered private placement financing
of 14,285,714 units (the “Units”) at $0. 70 per Unit for gross proceeds of $1 0,000,000 (the
“Offering”). The Offering is backed by Martin Rowley, a recognized leader in the lithium industry
and a proven builder of multi -billion-dollar mining companies , members of RTEK International
DMCC (“RTEK”), an experienced team of lithium veterans recognized for successfully designing
and developing projects worldwide, as well as key strategic shareholders. This support provides
a strong endorsement of Lithium Ionic’s growth strategy as it advances towards becoming a near-
term lithium producer in Brazil’s “Lithium Valley.”
Mr. Rowley brings more than four decades of experience financing and building global mining
companies. He co-founded First Quantum Minerals, helping transform it into one of the world’s
leading copper producers, and later served as Chairman of Galaxy Resources, Orocobre Ltd.,
and Allkem Ltd., where he played an integral role in shaping some of the most prominent names
in the lithium industry. His career has been defined by guiding companies from early -stage
development into globally significant producers, with a proven track record of creating value and
supporting the successful transition of projects into long- life operations. He is currently non -
executive chair and director of Forsys Metals, a Toronto Stock Exchange -listed company in the
uranium sector.
RTEK, which has been engaged as strategic advisors to Lithium Ionic since April 2025, is led by
an internationally recognized team of lithium veterans with more than 80 years of combined
experience across geology, metallurgy, process design, mine development , marketing, and
corporate development. The group’s leadership includes Brian Talbot, Nicholas Rowley, Noel
O’Brien, and Rodrigo Roso, who have advanced multiple successful lithium projects worldwide,
including Sigma Lithium’s Grota do Cirilo Project in Brazil. Their direct participation in the Offering
further validates the quality of the Bandeira Project and their confidence in its potential to become
one of Brazil’s next high-impact lithium operations.
Each Unit will be comprised of one common share in the capital of the Company (each a
“Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant
will entitle the holder to purchase one Common Share at an exercise price of $0.90 per Common
Share for a period of 24 months following the completion of the Offering. Securities issued under
the Offering are expected to carry a hold period of 4 months and one day from the date of issue
as may be required under applicable securities laws.
The Company plans to use the aggregate net proceeds of the Offering for exploration and
development of its Brazilian properties and general corporate purposes.
The Offering is scheduled to close on or about September 29, 2025, and is subject to certain
conditions including, but not limited to, the receipt of all necessary approvals including the
approval of the TSX Venture Exchange (“TSXV”).
The securities being offered have not, nor will they be registered under the United States
Securities Act of 1933, as amended, and may not be offered or sold within the United States or
to, or for the account or benefit of, U.S. persons absent U.S. registr ation or an applicable
exemption from the U.S. registration requirements. This release does not constitute an offer for
sale of securities in the United States.
On behalf of the Board of Directors of Lithium Ionic Corp.
Blake Hylands
Chief Executive Officer, Director
About Lithium Ionic Corp.
Lithium Ionic is a Canadian mining company exploring and developing its lithium properties in
Brazil. Its flagship Itinga and Salinas projects cover 14, 668 hectares in the northeastern part of
Minas Gerais state, a mining-friendly jurisdiction that is quickly emerging as a world- class hard-
rock lithium district. The Itinga Project is situated in the same region as CBL’s Cachoeira lithium
mine, which has produced lithium for +30 years, as well as Sigma Lithium Corp.’s Grota do Cirilo
project, which hosts the largest hard-rock lithium deposit in the Americas.
Investor and Media Inquiries:
+1 647.316.2500
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-statements.” Such forward-
looking statements involve known and unknown risks, uncertainties and other factors that may
cause the Company’s actual results, performance or achievements, or developments to differ
materially from the anticipated results, performance or achievements expressed or implied by
such forward-looking statements. Although the Company believes, in light of the experience of its
officers and directors, current conditions and expected future developments and other factors that
have been considered appropriate that the expectations reflected in this forward -looking
information are reasonable, undue reliance should not be placed on them because the Company
can give no assurance t hat 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 such variations thereon or comparable t erminology
are intended to identify forward- looking statements and information. The forward -looking
statements and information in this press release include information relating to the prospectivity
and development of the Company’s mineral properties, the Offering, the use of proceeds of the
Offering and the Company’s future plans . Such statements and information reflect the current
view of the Company. Risks and uncertainties that may cause actual results to differ materially
from those contemplated in those forward -looking statements and information. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or other future events, to be
materially different from any future results, performance or achievem ents expressed or implied
by such forward- looking statements. The forward- looking information contained in this news
release represents the expectations of the Company as of the date of this news release and,
accordingly, is subject to change after such date. Readers should not place undue importance on
forward-looking information and should not rely upon this information as of any other date. The
Company undertakes no obligation to update these forward-looking statements in the event that
management’s beliefs, estimates or opinions, or other factors, should change.
Information and links in this press release relating to other mineral resource companies are from
their sources believed to be reliable, but that have not been independently verified by the
Company.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the
policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press
release.