New Risk • Mar 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 59% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.68m market cap, or US$3.42m). Announcement • Mar 15
Lithium ION Energy Ltd. announced that it has received CAD 1.4095 million in funding On March 13, 2026, Lithium ION Energy Ltd. closed the transaction. The company issued 35,237,500 units at a price of CAD 0.04 per Unit, to raise total gross proceeds of up to CAD 1,409,500. In connection with the offering, the company paid aggregate cash finders' fees of CAD 44,070 and issued1,101,750 finders' warrants to certain arm's-length finders which assisted in introducing subscribers to the offering. All securities issued and sold under the offering are subject to a four-month hold period expiring on July 14, 2026, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The transaction included participation from Sreenath Didugu, Matthew Wood and Robert Payment, each being a director and/or officer of the company, subscribed for an aggregate of 3,250,000 units. Announcement • Jan 17
Lithium ION Energy Ltd. Announces Board Changes Lithium ION Energy Ltd. announced the resignations of Ali Haji, Aneel Waraich, and Enkhtuvshin Khishigsuren, as Directors effective January 14, 2026. Concurrently, the Company welcomes Mr. Sreenath Didugu to the Board of Directors. Mr. Didugu brings expertise in corporate advisory, capital markets, and financial strategy, with a focus on structuring and financing high potential mining ventures. He has advised TSX and ASX listed resource companies and emerging ventures across restructurings, IPOs, RTOs, dual listings, and M&A transactions. He is a founding partner of QCapital Partners. Mr. Didugu holds a Bachelor of Finance from the Australian National University. 
