ION Energy Ltd. (TSX-V:ION, OTCQB:IONGF) announced that it has made several key appointments to its leadership team ahead of its upcoming name change to Lithium ION Energy Ltd.
Pending TSX Venture Exchange (TSXV) approval, the company’s shares will continue to trade on the TSXV under the ticker symbol ‘ION’ but under the new name on or about September 1, 2023.
Joining its leadership team is Robert Payment as chief financial officer, succeeding John McVicar who is retiring after three years at the company.
Payment is a seasoned Certified Public Accountant (CPA) with 16 years of experience spanning finance, reporting, regulatory compliance, public company administration, equity markets, and the financing of publicly traded companies, according to ION Energy.
Additionally, the company announced the appointment of Joseph Gallucci to its board as a director.
ION Energy said that Gallucci is a senior capital markets executive and corporate director with more than 20 years of experience in investment banking and equity research.
"Our company continues to attract support from highly-credible and talented leaders from the mining and capital markets sectors,” ION Energy CEO Ali Haji said in a statement.
“To have had this calibre of talent through the early years, and to now welcome new perspectives is the natural progression of a successful and growing mining entity like ION Energy.”
Gallucci expressed his excitement at joining ION Energy’s board.
“The Urgakh Naran Lithium Brine project in Mongolia presents a remarkable opportunity to advance sustainable energy solutions in proximity to the world's largest lithium battery manufacturer, China,” he said.
“I am committed to leveraging my expertise to contribute to the company's growth and success to create sustainable value for all stakeholders."
ION Energy is committed to exploring and developing high-quality lithium resources in strategic jurisdictions.
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