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Couloir Capital Ltd. is Pleased to Announce the Initiation of Research Coverage on Ion Energy Ltd.

Vancouver, British Columbia--(Newsfile Corp. - September 8, 2020) - Couloir Capital Ltd. is pleased to announce the initiation of research coverage on Ion Energy Ltd. (TSXV: ION). The initial report is titled, "Lithium Explorer with Opportune Project Location." In addition to providing an overview of Ion Energy Ltd., the report provides an in-depth outlook on the lithium markets. The report also contains a special section, "Brine vs. Hard Rock: Process and Economic Comparison." Investors and other interested parties are encouraged to contact Couloir Capital to request a copy of the report.

About Ion Energy Ltd.

Ion Energy Ltd. ("Ion", "company") is a lithium exploration company targeting a prospective brine project in Mongolia. The project would represent the first lithium brine mining license award in Mongolia's history. The project is located in the arid Gobi desert, with high evaporation rates and low precipitation rates that are considered optimal for lithium brine extraction. Early assay results returned an average grade of 426 ppm.

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About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email: rstitt@couloircapital.com

www.couloircapital.com

Analyst Disclosure: The analyst and / or affiliated companies hold shares in Ion Energy Ltd.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/63253