• Lithium Ionic filed its defense on November 2, 2026, contesting Emerita Resources’ claim to Brazil’s Bandeira lithium project.
• Emerita filed its claim on July 29, 2026; the developer maintains Emerita relinquished the disputed mineral rights in December 2020.
• The developer seeks dismissal with costs, pursuing counterclaims against Emerita and claims against current and former directors.
• Bandeira remains targeted for a final investment decision, with construction mobilization dependent on necessary permits.
• Engineering reached approximately 65% completion in June 2026; the 2025 definitive feasibility study estimated post-tax net present value at US$1.45 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lithium Ionic Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611050700PRIMZONECNPR____9870943) on November 05, 2026, and is solely responsible for the information contained therein.