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FINWIRES

Lithium Ionic Extends Date of Response to Waratah Requisition to May 20

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-- Lithium Ionic (LTH.V) on Tuesday said it agreed with Waratah Capital Advisors to extend the deadline to decide on Waratah request to hold a special shareholder meeting to May 20 from April 13.

Waratah requested, Lithium Ionic's board to call a special meeting of shareholders to remove Helio Diniz, David Gower and Lawrence Guy as directors of the company, and to vote on the election of directors to fill the vacancies created. Diniz, Gower and Guy resigned from the board on April 20.

The company's board intends to engage with Waratah and with other shareholders in connection with filling open positions on the board, it said.

Shares of the company were last seen up $0.02 to $1.03 on the TSX Venture Exchange.

Price: $1.03, Change: $+0.01, Percent Change: +1.49%

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