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Lithium ION Energy Ltd V.ION

Alternate Symbol(s):  IONGF

Lithium ION Energy Ltd. is a Canada-based lithium brine explorer and developer. The Company is engaged in exploring and developing lithium resources in strategic jurisdictions. The Company’s flagship, 65,000+ hectare Baavhai Uul lithium brine project is its first lithium brine exploration license in Mongolia. The Company also holds the 29,000+ hectare Urgakh Naran highly prospective lithium brine license in Dorngovi Province in Mongolia. This site is located 150km WNW of the Company’s flagship Baavhai Uul Lithium Project. It also has Bliss Lake and Little Nahani projects in NWT, Canada. Bliss Lake Lithium Project is 5,798 hectares in area and totals five contiguous licenses and is located approximately 13-15 kilometers (km) away from lithium properties held by Li-FT Power Ltd. and 20km from Patriot Battery Metals Inc. The Little Nahanni project covers an area of approximately 900 hectares located within close proximity to the Yukon Boarder.


TSXV:ION - Post by User

Comment by chonasison Mar 16, 2021 5:21pm
166 Views
Post# 32810263

RE:Checking in

RE:Checking inToday's bought deal financing seems to be good news...$3M to put in the coffers for more exploration.....warrants will bring even more $ into the coffers down the road at 70 cents.  Timing in general in a strong litihium market, and strategic positioning close to the Chinese border (largest lithium consumers) seems to be a huge advantage......still in early stages of exploration, so I guess the next big trigger will be (hopefully) positive exploration results throughout this aggressive year - I think they said that the drilling program for the year was starting imminently? (Already started perhaps?)

I really like the team - have been quite impressed with several of them in their ability to execute in Mongolia already with Steppe Gold.....particularly in tough resource markets and a tougher pandemic year last year......STGO was very quick to production by all accounts (in any year/environment), with strong social license and cooepration with Mongolian government and local stakeholders...I like the story and accumulated some early in the New Year. Looking forward to next months of results.

My two cents,
chonasis
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