Lithium Ionic Corp. is pleased to announce that its wholly-owned subsidiary, Neolit Minerals Participações Ltda , has entered into an option agreement with K2 Mineração e Exportação EIRELI, Super Clássico Comércio, Importação e Exportação Ltda. and Minerales Empreendimentos, Mineração e Participações Ltda. to acquire up to a 90% interest in select properties located in Itinga, within the Curralinho Pegmatite Field of the Araçuaí Pegmatite District, Minas Gerais, Brazil . Transaction Details: The Agreement grants Neolit the option to acquire up to a 90% interest in each of three newly formed special purpose vehicles domiciled in Brazil , which collectively hold five mineral claims encompassing a total area of 2,983.22 hectares. Neolit shall initially hold a minority stake in e...