Lithium Ionic Initiates Engineering and Construction Management Services Contracts, Awarded to Hatch and Reta for Bandeira Project Development

TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce the initiation of Engineering, Procurement, and Construction Management (“EPCM”) services for its flagship Bandeira Lithium Project (“Bandeira” or the “Project”) located in northeastern Minas Gerais State, Brazil. This milestone marks the transition to the construction and development phase of the Project and is a key step towards production. Advancing engineering and construction management services will progress the Project along the targeted timeline in anticipation of the upcoming approval of site permits.