Business
Lithium Ionic Announces Change of Auditor
TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) ("Lithium Ionic" or the "Company") announces that the board of
About this update from Lithium Ionic Corp
[{"type":"text","content":" TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (\"Lithium Ionic\" or the \"Company\") announces that the board of directors of the Company has appointed Deloitte LLP (the \"Successor Auditor\") as the Company's new auditor, replacing McGovern Hurley LLP (the \"Former Auditor\"). There were no reservations in the Former Auditor's audit reports for any financial period during which the Former Auditor was the Company's auditor. There are no \"reportable events\" (as the term is defined in National Instrument 51-102 - Continuous Disclosure Obligations) between the Company and the Former Auditor. In accordance with National Instrument 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Company's Audit Committee and will be filed on SEDAR accordingly. About Lithium Ionic Corp. Lithium Ionic is a Canadian-based lithium-focused mining company with properties covering 14,182 hectares located in the prolific Araçuaí province in Minas Gerais State, Brazil. The area boasts excellent infrastructure, including highways, access to hydroelectrical grid power, water, and nearby commercial ports. Its Itinga Project neighbours CBL’s Cachoeira lithium mine and Sigma Lithium Corp. who recently began production at its Grota do Cirilo project. Investor and Media Inquiries: +1 647.316.2500 [email protected] Cautionary Note Regarding Forward-Looking Statements This press release contains statements that constitute \"forward-statements.\" Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. When used in this press release, the words “estima...