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Lithium Ionic Joins United Nations Global Compact Initiative

Corporate Updates

Lithium Ionic Joins United Nations Global Compact Initiative

TORONTO, ON, October 28, 2024 – Lithium Ionic Corp. (TSXV: LTH; OTCQ X: LTHCF; FSE:

H3N) (“Lithium Ionic” or the “Company ”) is pleased to announce that it has joined the United

Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative. This

membership reflects Lithium Ionic's commitment to advancing the United Nations Sustainable

Development Goals (SDGs) and embracing the Ten Principles, which emphasize human rights,

labour, environmental responsibility, and anti -corruption practices. As a member of this global

network of over 25,000 companies, Lithium Ionic reinforces its dedication to addressing key global

challenges, including climate action, gender equality, poverty red uction, and biodiversity

protection. Participation in the UNGC requires annual reporting on progress, ensuring

transparency and ongoing dedication toward making a meaningful impact.

Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, “Joining the United

Nations Global Compact marks a significant milestone in our commitment to responsible and

sustainable business practices. We are proud to align with this esteemed global initiative and

further embed sustainability into our operations . Through this partnership, we look forward to

further contributing to sustainable development solutions that benefit both our stakeholders and

the broader global community."

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 Itinga and Salinas group of properties cover 14,182 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. Its Feasibility-stage Bandeira 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

[email protected]

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 exp ressed 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 that 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 terminology

are intended to identify forward -looking statements and information. The forwar d-looking

statements and information in this press release include information relating to Company’s

sustainability and ESG initiatives, policies and plans 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 c hange 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.