Lithium Ionic Files NI 43-101 Technical Report for the Updated Feasibility Study of the Bandeira Lithium Project

Lithium Ionic Corp. (TSXV: LTH,OTC:LTHCF; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports that it has submitted the independent NI 43-101 compliant technical report for the Bandeira Lithium Project (“Bandeira” or the “Project”) entitled “Bandeira Lithium Project, National Instrument (NI) 43-101 Technical Report – Definitive Feasibility Study Update, Araçuaí–Itinga, Minas Gerais, Brazil” (the “Technical Report 2025”), effective September 17, 2025 and dated October 31, 2025.

The Bandeira Technical Report 2025 has been prepared by representatives of experienced advisory groups: RTEK, GE21 and L&M, each of whom is a Qualified Person, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), as reported in the company’s press release dated September 17, 2025 .

The Bandeira Technical Report 2025 can be found on the company’s website at www.lithiumionic.com, as well as on SEDAR+ at www.sedarplus.ca.

Qualified persons

Each of the following Qualified Persons (“QPs”), as defined by National Instrument 43-101 – Mineral Project Disclosure Standards, are independent of Lithium Ionic. The QPs have reviewed and approved the contents of this press release and confirm that, in the form and context in which it appears, it fairly and accurately reflects the information contained in the respective sections of the 2025 Technical Report for which they are responsible.

RTEK compensation for completed feasibility study

The company confirms this, following its October 3, 2025 press release, it issued 7,430,305 ordinary shares to RTEK International DMCC (“RTEK”) pursuant to a services agreement dated April 2, 2025. The shares were issued in consideration for RTEK’s technical and strategic advisory services provided in connection with the completion of the Lithium Ionic NI 43-101 feasibility study for the Bandeira project (see September 17, 2025 press release). The issuance has been approved by the TSX Venture Exchange.

On behalf of the Board of Directors of Lithium Ionic Corp.

Blake Hylands
General manager, director

About Lithium Ionic Corp.

Lithium Ionic is a Canadian mining company exploring and developing its lithium properties in Brazil. The Itinga and Salinas flagship 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 hardrock lithium district. The Itinga project is in the same region as CBL’s Cachoeira lithium mine, which has been producing lithium for more than 30 years, as well as Sigma Lithium Corp.’s Grota do Cirilo project, which hosts the largest hard rock lithium deposit in the Americas.

Questions from investors and media:

+1 647.316.2500
info@lithiumionic.com

Cautionary Statement Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or developments, to be materially different from any anticipated results, performance or achievements expressed or implied by such forward-looking statements. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors believed to be appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them as the Company can give no assurance that they will prove to be correct. When used in this press release, the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect,” “plan,” “predict,” “may” or “should” and the negative of these words or such variations thereof or similar terminology are intended to identify forward-looking statements and information. The forward-looking statements and information contained in this press release include information regarding the results of the feasibility study, the economic viability of the Bandeira Project, the Company’s ability to finance and develop the Bandeira Project, the prospectivity and development of the Company’s mineral properties, the services agreement with RTEK, the termination of the K2 Option Agreement and the Company’s future plans. Such statements and information reflect the current view of the company. Risks and uncertainties that could cause actual results to differ materially from those contemplated in these forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking information contained in this press release represents the Company’s expectations as of the date of this press release and may be subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely on this information as of any other date. The Company assumes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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