Lithium Ionic Announces $10M Non-brokered Private Placement Backed by Martin Rowley, RTEK and Key Strategic Shareholders
Summary
He co-founded First Quantum Minerals, helping transform it into one of the worlds leading copper producers, and later served as Chairman of Galaxy Resources, Orocobre Ltd., and Allkem Ltd., where he played an integral role in shaping some of the most prominent names in the lithium industry. His career has been defined by guiding companies from early-stage development into globally significant producers, with a proven track record of creating value and supporting the successful transition of projects into long-life operations. He is currently non-executive chair and director of Forsys Metals, a Toronto Stock Exchange-listed company in the uranium sector.RTEK, which has been engaged as strategic advisors to Lithium Ionic since April 2025, is led by an internationally recognized team of lithium veterans with more than 80 years of combined experience across geology, metallurgy, process design, mine development, marketing, and corporate development. Its flagship Itinga and Salinas projects cover 14,668 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 Company undertakes no obligation to update these forward-looking statements in the event that managements beliefs, estimates or opinions, or other factors, should change.Information and links in this press release relating to other mineral resource companies are from their sources believed to be reliable, but that have not been independently verified by the Company.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.