TORONTO, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV:LTH, OTCQB:LTHCF, FSE: H3N)) ("Lithium Ionic" or the "Company") announces a non-brokered private placement financing of 14,285,714 units (the "Units") at $0.70 per Unit for gross proceeds of $10,000,000 (the "Offering"). The Offering is backed by Martin Rowley, a recognized leader in the lithium industry and a proven builder of multi-billion-dollar mining companies, members of RTEK International DMCC ("RTEK"), an experienced team of lithium veterans recognized for successfully designing and developing projects worldwide, as well as key strategic shareholders. This support provides a strong endorsement of Lithium Ionic's growth strategy as it advances towards becoming a near-term lithium producer in Brazil's "Lithium Valley."
Mr. Rowley brings more than four decades of experience financing and building global mining companies. He co-founded First Quantum Minerals, helping transform it into one of the world's leading copper producers, and later served as Chairman of Galaxy Resources, Orocobre Ltd., and Allkem Ltd., where he played an integral role in shaping some of the most prominent names in the lithium industry. His career has been defined by guiding companies from early-stage development into globally significant producers, with a proven track record of creating value and supporting the successful transition of projects into long-life operations. He is currently non-executive chair and director of Forsys Metals, a Toronto Stock Exchange-listed company in the uranium sector.
RTEK, which has been engaged as strategic advisors to Lithium Ionic since April 2025, is led by an internationally recognized team of lithium veterans with more than 80 years of combined experience across geology, metallurgy, process design, mine development, marketing, and corporate development. The group's leadership includes Brian Talbot, Nicholas Rowley, Noel O'Brien, and Rodrigo Roso, who have advanced multiple successful lithium projects worldwide, including Sigma Lithium's Grota do Cirilo Project in Brazil. ...
