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Lithium Ionic Provides Bi-Weekly MCTO Status Update

Newswire.ca - Tue May 19, 7:00AM CDT

TORONTO, May 19, 2026 /CNW/ - Lithium Ionic Corp. (TSXV: LTH) (OTCQX: LTHCF) (FSE: H3N) ("Lithium Ionic" or the "Company"), is providing this bi-weekly update on the status of the management cease trade order (the "MCTO") granted by its principal regulator, the Ontario Securities Commission (the "OSC") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203") on May 4, 2026. As previously announced, the Company applied for the MCTO as it was unable to file its audited annual financial statements for the year ended December 31, 2025, the related management's discussion and analysis, and its Form 52-109FV1 CEO and CFO certifications of annual filings (collectively, the "Required Filings"). Under National Instrument 51-102 - Continuous Disclosure Obligations, the Required Filings were required to be made no later than April 30, 2026.

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