upgrades listing to OTCQB under the symbol 'IONGF'
ION Energy boosts exposure in the United States, upgrades listing to
OTCQB under the symbol 'IONGF'
TORONTO, January 14, 2021 - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FRA:
5YB), is pleased to announce that it has received approval from the OTC Markets Group to
begin trading on the OTCQB Market under the ticker symbol "IONGF" at the open of markets
on January 14, 2021.
"With the pending inauguration of President-elect Biden and his proposed economic recovery
policies, US investors are finding battery metals increasingly intriguing to invest in. This is great
timing for ION Energy, and we look forward to sharing our story with a much larger investor
audience." Stated ION Energy’s CEO, Ali Haji, on this positive news.
The OTCQB is a marketplace for entrepreneurial and development stage U.S. and international
companies that are committed to providing a high-quality trading and information experience for
their investors. To be eligible, companies must be current in their financial reporting, pass a
minimum bid price test, and undergo an annual company verification and management
certification process.
U.S. investors can find ION Energy’s current financial disclosure and Real-Time level 2 quotes
for the Company at https://www.otcmarkets.com/stock/IONGF/quote. The Company's listing on
the TSXV and the trading of its shares on the OTCQB contribute to a larger North American
presence and affords investors preeminent access to trading.
The common shares of the Company will continue to trade on the TSX Venture Exchange under
the symbol “ION” and the Frankfurt Exchange under the symbol “FRA:5YB”.
About ION Energy Ltd.
ION Energy Ltd. (TSXV: ION) (OTCQB: IONGF) (FRA: 5YB) is committed to exploring and
developing Mongolia’s lithium salars. ION’s flagship, 81,000+ hectare Baavhai Uul lithium brine
project, represents the largest and first lithium brine exploration licence award in Mongolia. ION
Energy is well-poised to be a key player in the clean energy revolution, positioned well to service
the world’s increased demand for lithium. Information about the Company is available on its
website, www.ionenergy.ca, or under its profile on SEDAR at www.sedar.com.
For further information:
MEDIA CONTACT: Siloni Waraich, [email protected], 416-432-4920
Cautionary Note Regarding Forward-Looking Information
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this news release.
Information set forth in this news release contains forward-looking statements. Forward-looking
statements include estimates and statements that describe the Company's future plans, objectives
or goals, including words to the effect that the Company or management expects a stated condition
or result to occur. Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking
statements are based on assumptions and address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Although these statements are based on
information currently available to the Company, the Company provides no assurance that actual
results will meet management's expectations. Risks, uncertainties and other factors involved with
forward-looking information could cause actual events, results, performance, prospects and
opportunities to differ materially from those expressed or implied by such forward-looking
information. Forward looking information in this news release includes, but is not limited to, the
Company's objectives, goals or future plans, statements, potential mineralization, exploration and
development results, the estimation of mineral resources, exploration and mine development plans,
timing of the commencement of operations and estimates of market conditions. Important factors
that could cause actual results to differ materially from Ion Energy's expectations include, among
others, uncertainties relating to availability and costs of financing needed in the future, changes in
equity markets, risks related to international operations, the actual results of current exploration
activities, delays in the development of projects, conclusions of economic evaluations and changes
in project parameters as plans continue to be refined as well as future prices of lithium, and ability to
predict or counteract potential impact of COVID-19 coronavirus on factors relevant to the Company's
business. There can be no assurance that forward-looking statements will prove to be accurate and
actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements.