Mr. Blake Hylands reports

LITHIUM IONIC STRENGTHENS BOARD WITH APPOINTMENT OF BRAZILIAN MINING AND GOVERNANCE EXECUTIVE CLOVIS TORRES

Lithium Ionic Corp. has appointed Clovis Torres to its board of directors.

Mr. Torres is a highly respected Brazilian executive, lawyer and corporate governance leader with more than three decades of experience across mining, energy, infrastructure, project finance, M&A (merger and acquisition), regulatory affairs, compliance, crisis management and public company governance. His appointment strengthens Lithium Ionic's board as the company advances its 100-per-cent-owned Bandeira lithium project in Minas Gerais.

He has held senior leadership and board positions at some of Brazil's most important mining, energy and infrastructure companies. He previously served as an executive and general counsel of Vale S.A. for 17 years ending in 2018, where his responsibilities included legal, governance, compliance, institutional relations, M&A, tax, energy and human resources. During his tenure at Vale, he also served as secretary to the board of directors and led the company's crisis and ethics committees.

Mr. Torres also served as a member of the board of directors of Petrobras S.A., chairman of the board of BR Distribuidora S.A. and chairman of the board of directors of IBRAM, the Brazilian Mining Institute. He was also previously president and chief executive officer of Furnas Centrais Eletricas S.A., one of Brazil's largest power-generation and transmission companies, where he led initiatives related to privatization preparation, renewable power development, hydrogen energy and infrastructure modernization.

Earlier in his career, Mr. Torres held senior roles in project finance, international investment and legal advisory with the International Finance Corp., Cargill, Clyde & Co. and leading Brazilian law firms. He is currently chairman of the board and chief executive officer of Belo Sun Mining Corp. and a founding partner of Mello, Torres Advogados, a Brazilian law firm focused on project finance, M&A, restructuring, mining, power, environmental law and crisis management. Under Mr. Torres's leadership as chairman and chief executive officer, Belo Sun recently secured the reinstatement and subsequent reissuance of the installation licence for its 100-per-cent-owned Volta Grande gold project in Para state, Brazil, after the licence had been suspended since 2017.

Blake Hylands, PGeo, chief executive officer of Lithium Ionic, commented: "We are very pleased to welcome Clovis to Lithium Ionic's board. His depth of experience in Brazilian mining, energy, infrastructure, project finance, governance, compliance and stakeholder engagement is directly relevant to Lithium Ionic as we advance Bandeira toward construction readiness. Clovis recently helped steer Belo Sun through the reinstatement of a key permit for its Volta Grande gold project, and that proven ability to navigate Brazil's permitting and regulatory environment will be invaluable as we derisk and advance Bandeira toward construction. His appointment reflects our continued commitment to strong independent oversight, responsible project development, and deepening our Brazilian leadership and governance capabilities."

Mr. Torres commented: "I am pleased to join the board of Lithium Ionic at an important stage in the company's development as Bandeira is a high-quality lithium project located in one of Brazil's emerging mining districts. I look forward to working with the Board and management team to support the responsible advancement of the project and to contribute my experience in Brazilian mining, infrastructure, governance and project development."

Mr. Torres holds an LLM with a specialization in international law, trade and finance from Tulane Law School and a law degree from Universidade Catolica de Salvador. He is fluent in Portuguese, English and Spanish, with a working knowledge of French. He has been recognized with several professional honours, including the Legislative Merit Medal from the Brazilian Congress, the Medal of Honor from the State of Minas Gerais, and Latin American and Global General Counsel of the Year awards from the Association of Corporate Counsel and International Law Office.

About Lithium Ionic Corp.

Lithium Ionic is a Canadian lithium development company focused on responsibly advancing its 100-per-cent-owned Bandeira lithium project in Minas Gerais, Brazil, a region coined the Lithium Valley that is emerging as a premier hard-rock lithium district. The company is executing on a focused development strategy centered on engineering derisking, permitting advancement, commercial planning and construction readiness, with the goal of becoming a near-term producer of high-quality spodumene concentrate for global battery supply chains.

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