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

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

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The 2025 Bandeira Technical Report was prepared by representatives of experienced consulting 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 news release dated September 17, 2025.

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

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Qualified Persons

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

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Name of Qualified Person Qualifications Affiliations 
Brian Colin Talbot  BSc (Hons), FAusIMM R-Tek 
Carlos José Evangelista Silva P.Geo., MSc, AIG GE21 
Hugo Ribeiro de Andrade Filho P.Eng., FAusIMM GE21 
Juliano Felix de Lima MAIG (CP) GE21 
Porfírio Cabaleiro Rodriguez P.Eng., BSc, FAIG GE21 
João Augusto Hilário de Souza B.A.Sc., MBA L&M Advisory 
Noel Mark O´Brien BE (Met), MBA, FAusIMM  R-Tek 
Bernardo Horta de Cerqueira Viana MBA, FAIG GE21 

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RTEK Compensation for Completed Feasibility Study

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The Company confirms that, further to its October 3, 2025 press release, it has issued 7,430,305 common shares to RTEK International DMCC (“RTEK”) pursuant to a services agreement dated April 2, 2025. The shares were issued as consideration for RTEK’s technical and strategic advisory services provided in connection with the completion of Lithium Ionic’s 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.

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

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Blake Hylands
Chief Executive Officer, Director

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About Lithium Ionic Corp.

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

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