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flag Lithium ION Energy raised $600,000 via a private placement to fund its Mongolia lithium project and appointed an interim CEO.

flag Lithium ION Energy Limited announced on January 14, 2026, a corporate restructuring involving a non-brokered private placement of up to 15 million units at $0.04 each, raising up to $600,000, with $400,000 in firm commitments. flag Each unit includes one common share and one warrant exercisable at $0.05 per share for 24 months. flag Proceeds will support exploration and working capital. flag The company also appointed Sreenath Didugu as interim CEO and refreshed its board, replacing outgoing directors. flag The offering is subject to regulatory approval and a four-month hold period. flag The company focuses on its Urgakh Naran lithium brine project in Mongolia.

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