Lithion Energy Corporation announced that it will appoint Mr. Warren Gilman as Chairman and Alex Granger to the position of CEO and Director after the completion of a private placement. Mr. Gilman, a mining engineer, has more than 30 years of experience as a deal maker in the metals and mining sector. He was a founder of the Canadian Imperial Bank of Commerce Global Mining Team in Toronto in 1988.

He subsequently led the team's efforts out of Australia and Hong Kong. From 2011, Mr. Gilman led CEF Holdings Ltd. Mr. Granger is Managing Director of Xela Group Ltd. Darren Smith will tender his resignation as a member of the Company's board to focus his efforts on his other professional duties. In addition, Shawn Westcott will tender his resignation as President of Lithion.