{"id":4013,"date":"2023-03-13T18:03:46","date_gmt":"2023-03-13T22:03:46","guid":{"rendered":"https:\/\/www.millerthomson.com\/deals-cases\/lithium-ionic-announces-strategic-acquisition-of-neolit-minerals\/"},"modified":"2024-08-22T14:53:36","modified_gmt":"2024-08-22T18:53:36","slug":"lithium-ionic-announces-strategic-acquisition-of-neolit-minerals","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/lithium-ionic-announces-strategic-acquisition-of-neolit-minerals\/","title":{"rendered":"Lithium Ionic announces strategic acquisition of Neolit Minerals"},"content":{"rendered":"

On March 13, 2023, Lithium Ionic Corp. (\u201cLithium Ionic\u201d) announced that it has acquired 100% of Neolit Minerals Participa\u00e7\u00f5es Ltda. (\u201cNeolit\u201d), a Brazilian company which owns a 40% interest in the Salinas Project (the \u201cProject\u201d) and has the right, subject to certain exploration commitments, to acquire up to an 85% ownership interest in the Project.<\/p>\n

The Salinas Project currently includes nine exploration tenements totaling 5,713 hectares, which are located approximately 100 kilometres north of Lithium Ionic\u2019s 7,700-hectare Itinga Project, in the northern region of Minas Gerais State, Brazil.<\/p>\n

Lithium Ionic Corp. is\u00a0a Canadian-based lithium-focused mining company\u00a0with properties covering 14,182 hectares located in the prolific Ara\u00e7ua\u00ed province in Minas Gerais State, Brazil, which boasts excellent infrastructure, including highways, access to hydroelectrical grid power, water, and nearby commercial ports.<\/p>\n

Miller Thomson advised Lithium Ionic Corp. with a team led by Mack Hosseinian (Corporate\/M&A) and comprised of Joshua Davis (Corporate\/M&A), Amanda Plastina (Financial Services) and Andrew Etcovitch (Tax).<\/p>\n","protected":false},"author":92,"template":"","class_list":["post-4013","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"\nLithium Ionic announces strategic acquisition of Neolit Minerals | Miller Thomson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/lithium-ionic-announces-strategic-acquisition-of-neolit-minerals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lithium Ionic announces strategic acquisition of Neolit Minerals | Miller Thomson\" \/>\n<meta property=\"og:description\" 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