Welcome to our dedicated page for OSIRIS ONE METALS news (Ticker: IONGF), a resource for investors and traders seeking the latest updates and insights on OSIRIS ONE METALS stock.
Osiris One Metals Ltd. reports news centered on its metals exploration portfolio, corporate restructuring, and capital actions. The company, formerly Lithium Ion Energy Ltd., has disclosed the name change to Osiris One Metals, the continuation of its corporate jurisdiction to British Columbia, and governance changes connected with its board and management structure.
Company updates also cover the Urgakh Naran Lithium Brine Project in Mongolia, including project-status reviews and joint venture developments, as well as non-brokered private placements, debt settlement activity, shareholder meeting results, and working-capital needs tied to maintaining its exploration assets.
Osiris One Metals (TSXV: OSM, OTC: IONGF) has signed a definitive agreement to fully divest the Urgakh Naran Project by selling all shares of its wholly owned Mongolian subsidiary, ION Energy LLC, for a lump sum of US$200,000 net of liabilities.
According to Osiris One, the transaction will not affect its 20% free carried interest in the Victory Copper Gold Project in Mongolia, which is being advanced by Trinity One Metals. The company states it is refocusing on its Western Range targets and continues to assess additional growth opportunities. The deal remains subject to customary closing conditions.
Osiris One Metals (OTC:IONGF, TSXV:OSM) closed its acquisition of an 80% interest in the Western Range silver copper project in Western Australia and filed a NI 43-101 technical report.
The 19,000-hectare project, near the Abra Mine, includes multiple defined but largely untested exploration targets.
Transaction terms total US$30,000 cash, 9,000,000 shares, and a free carry to Bankable Feasibility Study, with staged resale restrictions on the consideration shares.
Osiris One Metals (OTCQB: IONGF) appointed veteran mining executive Randall Thompson to its Board of Directors and granted him 1,000,000 stock options at $0.05, exercisable for five years and vesting immediately.
The company also reported completion of a ~600 m, three-hole diamond drilling program at its 20% free carried Victory Project, operated by Trinity One Metals, and announced the resignation of director Joseph Gallucci. Assay results are pending.
Osiris One Metals (IONGF) agreed on 30 May 2026 to acquire an 80% interest in the Western Range Silver Copper Project in Western Australia from Standard American Metals. The project covers three tenements over more than 19,000 hectares in a proven mining region near the Abra Mine.
Western Range includes multiple historical targets first outlined by BHP and Rio Tinto in the 1990s and supported by extensive geophysical data. Upon closing, Osiris will assume operational control and access the historical exploration database to prioritize verification, ranking and drill planning.
Osiris One Metals (OTC: IONGF) announced the immediate resignation of Director Bataa Tumur-Ochir. The company expressed appreciation for his contributions during his tenure and extended best wishes for his future endeavors. No replacement director or strategic changes were disclosed.
Osiris One Metals Ltd (TSXV: OSM) is the new corporate name for Lithium Ion Energy Ltd., effective at market open on April 27, 2026. The TSXV approved the change and the company will trade under the new symbol OSM. New CUSIP: 68827W107, ISIN: CA68827W1077.
The name change does not alter share structure or shareholder rights; no certificate exchange is required. The company completed continuation from Alberta to British Columbia effective April 17, 2026. A new website at osirisonemetals.com will launch on or about April 27, 2026.
Lithium ION Energy (TSXV: IONGF) announced an extension of its non-brokered private placement of up to 37,500,000 Units at $0.04 per Unit to raise gross proceeds of up to $1,500,000. Each Unit comprises one common share and one warrant exercisable at $0.05 for 24 months, subject to TSXV approval.
Proceeds are designated to maintain the company’s exploration portfolio and for general working capital. Units will be subject to a statutory four-month hold period and completion remains subject to regulatory approvals and possible finders’ fees.
Lithium ION Energy (TSXV:ION, FSE:ZA4) has called a special shareholders' meeting for March 31, 2026 to propose a corporate continuation from the Province of Alberta to the Province of British Columbia.
Subject to shareholder approval, the company would become subject to British Columbia corporate jurisdiction. Shareholder vote is required for the change to take effect.
Lithium ION Energy (TSXV: IONGF) reports that SureFQ Hong Kong Limited has withdrawn from the Joint Venture on the Urgakh Naran Lithium Brine Project, relinquishing all rights and obligations prior to the first anniversary of the JV agreement. The company says the withdrawal was for internal reasons unrelated to asset quality.
ION retains the Urgakh Naran asset, is evaluating strategic pathways to unlock value, and highlights a 20% free carry interest in the Victory Copper Gold Project in Mongolia being advanced by Trinity One Metals. The board is reviewing additional assets and continuing a strategic review and balance-sheet strengthening effort.
Lithium ION Energy (TSXV: IONGF) announced an upsized non-brokered private placement increasing proceeds from $600,000 to $1,500,000. The Company proposes to issue 37,500,000 Units at $0.04 each, with one common share and one warrant per Unit.
Each warrant is exercisable at $0.05 for 24 months, subject to TSX Venture Exchange approval. Units carry a statutory hold period of four months plus one day. Net proceeds will support the exploration portfolio and general working capital; completion remains subject to regulatory approvals and possible finders' fees.