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Company Name: Ion Energy Ltd

ION Energy Ltd. (TSXV: ION / FRA: 5YB / OTC: IONGF/ OTCQB: IONGF) – Preparing for the First Ever Lithium Brine Drill Program in Mongolia – Initiating Coverage

ION’s share price is up 47% since our introductory note on December 16, 2020. The company is recipient of Mongolia’s first ever exploration license for lithium brine.ION’s project is strategically located just 24 km from the border with China – the world’s largest Electric Vehicle (“EV”) and battery manufacturer.

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ION Energy Ltd. (TSXV: ION / FRA: 5YB)-Mongolia’s First Lithium Brine Explorer – Introductory Note

ION Energy went public through a reverse takeover in August 2020. It is the recipient of Mongolia’s first ever exploration license for lithium brine. Although the country has never been explored for lithium brine, previous studies suggest that its salt lakes hold potential for lithium. ION’s project, which is in early exploration stage, is strategically located just 24 km by road from the border with China – the world’s largest Electric Vehicle (“EV”) and battery manufacturer.

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