Mr. Blake Hylands reports

LITHIUM IONIC FILES NI 43-101 TECHNICAL REPORT FOR THE UPDATED BANDEIRA LITHIUM PROJECT FEASIBILITY STUDY

Lithium Ionic Corp. has filed the independent National Instrument 43-101-compliant technical report for the Bandeira lithium project, titled "Bandeira Lithium Project, National Instrument (NI) 43-101 Technical Report-Definitive Feasibility Study Update, Aracuai-Itinga, Minas Gerais, Brazil," with an effective date of Sept. 17, 2025, and dated Oct. 31, 2025.

The 2025 Bandeira technical report was prepared by representatives of experienced consulting groups: RTEK, GE21 and L&M, each a qualified person, in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, as reported in the company's news release dated Sept. 17, 2025.

The 2025 Bandeira technical report can be found on the company's website, as well as on SEDAR+.

Qualified persons

The qualified persons (QPs) noted in the attached table, as defined by NI 43-101, Standards of Disclosure for Mineral Projects, are independent of Lithium Ionic. The QPs have reviewed and approved the contents of this news release and confirm that it fairly and accurately reflects, in the form and context in which it appears, the information contained in the respective sections of the 2025 technical report for which they are responsible.

RTEK International DMCC compensation for completed feasibility study

The company confirms that, further to its Oct. 3, 2025, news release, it has issued 7,430,305 common shares to RTEK pursuant to a services agreement dated April 2, 2025. The shares were issued as consideration for RTEK's technical and strategic advisory services provided in connection with the completion of Lithium Ionic's NI 43-101 feasibility study for the Bandeira project (see the Sept. 17, 2025, news release). The issuance has been approved by the TSX Venture Exchange.

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 11,684 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-plus years, as well as Sigma Lithium Corp.'s Grota do Cirilo project, which hosts the largest hard-rock lithium deposit in the Americas.

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