LITHIUM ION ENERGY LTD - IONGF STOCK NEWS

Lithium ION Energy has completed debt settlement agreements with both arm's length and non-arm's length creditors.

The company settled a total debt of $98,419 by issuing 393,675 common shares at a price of $0.25 per share.

The shares are subject to a hold period of four months and one day, as per applicable securities laws and TSXV policies.

Lithium ION Energy (IONGF) announces the extension of outstanding common share purchase warrants by 12 months to April 12, 2025 and July 20, 2025, respectively. The Company believes this extension is necessary to potentially finance additional cash needs through warrant exercises.

Lithium ION Energy Limited (IONGF) settles $143,669 in debt by issuing 606,675 common shares at $0.24 per share. The company also grants 1,250,000 stock options at $0.09 per share to consultants and insiders.

Lithium ION Energy announces update on Victory Nickel Project in Mongolia

ION Energy announces exciting leadership changes and governance addition

ION Energy Limited has acquired two new claims in NWT, Canada, known as the Little Nahanni claims, totaling approximately 900 hectares. The company believes these claims are underexplored for lithium and will complement their current lithium exploration activities. Additionally, ION has closed the acquisition of the Bliss Lake Lithium Pegmatite Project in NWT, Canada. The immediate consideration for the acquisition consisted of 571,428 company shares with a deemed value of $128,571. Transaction terms also provide for deferred equity-based consideration and cash consideration based on defined criteria. The company has corrected the aggregate cash commission paid to finders in connection with their non-brokered private placement, which was $26,100 instead of $56,100.