Lithium Ionic Announces Change of Auditor
Lithium Ionic Announces Change of Auditor
TORONTO, ON, May 16, 2023 – Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N)
(“Lithium Ionic” or the “Company ”) announces that the board of directors of the Company has
appointed Deloitte LLP (the “Successor Auditor” ) as the Company’s new auditor, replacing
McGovern Hurley LLP (the “Former Auditor”).
There were no reservations in the Former Auditor's audit reports for any financial period during
which the Former Auditor was the Company's auditor. There are no "reportable events" (as the
term is defined in National Instrument 51-102 - Continuous Disclosure Obligations) between the
Company and the Former Auditor.
In accordance with National Instrument 51- 102, the Notice of Change of Auditor, together with
the required letters from the Former Auditor and the Successor Auditor, have been reviewed by
the Company's Audit Committee and will be filed on SEDAR accordingly.
About Lithium Ionic Corp.
Lithium Ionic is a Ca nadian-based lithium -focused mining company with properties covering
14,182 hectares located in the prolific Araçuaí province in Minas Gerais State, Brazil. The area
boasts excellent infrastructure, including highways, access to hydroelectrical grid power, water,
and nearby commercial ports. Its Itinga Project neighbours CBL’s Cachoeira lithium mine and
Sigma Lithium Corp. who recently began production at its Grota do Cirilo project.
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 devel opments 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
of the Company’s mineral properties, the change of auditor 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 achievements 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.
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.