Welcome to our dedicated page for OSIRIS ONE METALS news (Ticker: IONGF), a resource for investors and traders seeking the latest updates and insights on OSIRIS ONE METALS stock.
Osiris One Metals Ltd. reports news centered on its metals exploration portfolio, corporate restructuring, and capital actions. The company, formerly Lithium Ion Energy Ltd., has disclosed the name change to Osiris One Metals, the continuation of its corporate jurisdiction to British Columbia, and governance changes connected with its board and management structure.
Company updates also cover the Urgakh Naran Lithium Brine Project in Mongolia, including project-status reviews and joint venture developments, as well as non-brokered private placements, debt settlement activity, shareholder meeting results, and working-capital needs tied to maintaining its exploration assets.
Osiris One Metals Ltd (TSXV: OSM) is the new corporate name for Lithium Ion Energy Ltd., effective at market open on April 27, 2026. The TSXV approved the change and the company will trade under the new symbol OSM. New CUSIP: 68827W107, ISIN: CA68827W1077.
The name change does not alter share structure or shareholder rights; no certificate exchange is required. The company completed continuation from Alberta to British Columbia effective April 17, 2026. A new website at osirisonemetals.com will launch on or about April 27, 2026.
Lithium ION Energy (TSXV: IONGF) announced an extension of its non-brokered private placement of up to 37,500,000 Units at $0.04 per Unit to raise gross proceeds of up to $1,500,000. Each Unit comprises one common share and one warrant exercisable at $0.05 for 24 months, subject to TSXV approval.
Proceeds are designated to maintain the company’s exploration portfolio and for general working capital. Units will be subject to a statutory four-month hold period and completion remains subject to regulatory approvals and possible finders’ fees.
Lithium ION Energy (TSXV:ION, FSE:ZA4) has called a special shareholders' meeting for March 31, 2026 to propose a corporate continuation from the Province of Alberta to the Province of British Columbia.
Subject to shareholder approval, the company would become subject to British Columbia corporate jurisdiction. Shareholder vote is required for the change to take effect.
Lithium ION Energy (TSXV: IONGF) reports that SureFQ Hong Kong Limited has withdrawn from the Joint Venture on the Urgakh Naran Lithium Brine Project, relinquishing all rights and obligations prior to the first anniversary of the JV agreement. The company says the withdrawal was for internal reasons unrelated to asset quality.
ION retains the Urgakh Naran asset, is evaluating strategic pathways to unlock value, and highlights a 20% free carry interest in the Victory Copper Gold Project in Mongolia being advanced by Trinity One Metals. The board is reviewing additional assets and continuing a strategic review and balance-sheet strengthening effort.
Lithium ION Energy (TSXV: IONGF) announced an upsized non-brokered private placement increasing proceeds from $600,000 to $1,500,000. The Company proposes to issue 37,500,000 Units at $0.04 each, with one common share and one warrant per Unit.
Each warrant is exercisable at $0.05 for 24 months, subject to TSX Venture Exchange approval. Units carry a statutory hold period of four months plus one day. Net proceeds will support the exploration portfolio and general working capital; completion remains subject to regulatory approvals and possible finders' fees.
Lithium ION Energy (TSXV: IONGF) announced a corporate restructuring and a non-brokered private placement of up to 15,000,000 Units at $0.04 per Unit to raise up to $600,000, with a firm commitment of $400,000 from director Bataa Tumur-Ochir. Each Unit includes one common share and one warrant exercisable at $0.05 for 24 months. Proceeds will fund the exploration portfolio and general working capital. Securities will carry a statutory hold period of 4 months plus 1 day and closing is subject to TSXV and other regulatory approvals. The company also announced board resignations and named Sreenath Didugu as Interim CEO.
Lithium ION Energy (TSXV: ION) has announced two significant developments: the results of its Annual General and Special Meeting and an update on its joint venture agreement with SureFQ Ltd for the Urgakh Naran Project in Mongolia.
At the Meeting, shareholders approved all matters, including the reappointment of board members and the transformational joint venture agreement. Under the JV terms, ION will maintain a 20% free carried interest in the Urgakh Naran Project through commercial production in exchange for USD$5.5 million in cash payments over 4.5 years and USD$8 million in development expenditures over 4 years. The TSX-V has granted conditional acceptance of the agreement, pending final approval.
Lithium ION Energy (TSXV: ION) has completed two significant transactions: a debt settlement and a strategic joint venture agreement for its Urgakh Naran project in Mongolia. The company settled $120,000 in debt by issuing 3 million common shares at $0.04 per share to non-arm's length creditors.
In the joint venture with SureFQ Ltd., ION will maintain a 20% free carried interest through commercial production, receiving USD$5.5 million in cash over 4.5 years and USD$8 million in development expenditures over 4 years. The transaction requires shareholder approval at the August 26, 2025 Annual General Meeting.
Lithium ION Energy (TSXV: ION) has entered into a binding Joint Venture Agreement with SureFQ for the Urgakh Naran lithium project in Mongolia. Key terms include:
- ION maintains 20% free carried interest through commercial production
- USD$5.5M cash payment to ION over 4.5 years
- USD$8.0M in development expenditure over 4 years
- 2.5% NSR retained by ION in perpetuity
Additionally, ION announced a debt settlement of $120,000 through the issuance of 3,000,000 common shares at $0.04 per share. The company has also terminated its previously announced business combination with United Rare Earths.
Lithium ION Energy (TSXV: ION) has entered into an LOI Agreement for a business combination with United Rare Earths (UnitedRE), a US-based rare earths recycling and refining company. UnitedRE has advanced discussions with a federal agency for non-recourse, non-dilutive funding and holds an MOU with a national laboratory. To support this development, ION Energy announced a non-brokered private placement of convertible debentures for US$2 million at 8% interest, convertible to shares at $0.10 per share. The debentures will mature in 24 months, with proceeds used for the business combination, technology development, and working capital.