Toronto, Ontario (Newsfile Corp. - June 9, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FRA: 5YB) ("ION" or the "Company") is very pleased to announce that exploration has commenced at the
The exploration is fully funded after a C$5.75 million placing was successfully completed last month The work will include drilling 21 holes through prospective basins, while sampling of sediments and aquifers will be completed during the drilling phase
Ion Energy Ltd (CVE:ION) (OTCQB:IONGF) (FRA:5YB) has revealed that an expanded exploration program at its flagship Baavhai Uul lithium salar project in Mongolia will start in the coming quarter - the first drilling for lithium salars ever in the Asian country.
It comes after an initial seismic survey has been completed with encouraging early results and the exploration is fully funded after a C$5.75 million placing was successfully completed last month.
ION Energy Ltd. (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) is committed to exploring and developing Mongolia’s lithium salars. ION’s flagship, 81,000+ hectare Baavhai Uul lithium brine project, represents the largest and first lithium brine exploration licence award in Mongolia. ION also holds the 29,000+ hectare Urgakh Naran highly prospective Lithium Brine licence in Dorngovi Province in Mongolia. ION is well-poised to be a key player in the clean energy revolution, positioned well to service the world’s increased demand for lithium. Information about the Company is available on its website, www.ionenergy.ca, or under its profile on SEDAR at www.sedar.com.
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.
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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 “