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Ion Energy Announces Closing of $5.75 Million Public Offering Including Full Exercise of Over-Allotment Option April 13, 2021 09:20 ET | Source: Ion Energy Ltd. Ion Energy Ltd. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, April 13, 2021 (GLOBE NEWSWIRE) Ion Energy Ltd. (“ ION”, or the “ Company”) (TSXV:ION) (OTCQB: IONGF) (FSE: 5YB) announces that it has completed its public offering of 11,500,000 units of the Company (the “ Units”) at a price of $0.50 per Unit for aggregate gross proceeds to the Company of $5,750,000, which amounts included the full exercise of the underwriters’ over-allotment option (the “ Offering”). Each Unit comprises one common share in the capital of the Company (each, a “

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