POCML 6 Approves Lithium Ionic Go-Public Transaction and Other Matters at Annual & Special Meeting

Toronto, Ontario--(Newsfile Corp. - April 8, 2022) - POCML 6 Inc. (TSXV: POCC.P) (the "Company" or "POCML6"), is pleased to announce that its shareholders have approved all items of business brought before them at the Company's annual and special meeting of shareholders (the "Meeting") held on March 28, 2022, including several items of business relating to the Company's proposed qualifying transaction (the "Proposed Transaction") with Lithium Ionic Inc. ("Lithium Ionic").

Lithium Ionic owns a 100% ownership interest in the Itinga lithium project (the "Itinga Project") located in Minas Gerais State (MG), Brazil, part of the prolific Aracuai lithium province. The Itinga Project is comprised of five mineral licenses covering more than 1,300 hectares, a portion of which is between the CBL Lithium Mine (the "CBL Mine"), and the Barreiro and Xuxa lithium deposits of Sigma Lithium Corp. ("Sigma"). The CBL Mine has been in operation since 1993 and is Brazil's only current lithium producer. Sigma's estimated mineral resources, based on their technical reports, exceed 50 million tonnes of lithium oxide (Li2O) mineralized pegmatite in four deposits. The Itinga Project area has excellent infrastructure, including access to hydroelectrical grid power, water, a commercial port, highways and communities. Mineralized structures have been identified in two areas within the Itinga Project and the remainder of the Itinga Project area remains to be explored.

A total of 8,280,900 common share of the Company were represented at the Meeting. Shareholders voted in favour of all matters brought before the Meeting, as follows:

• the appointment of the auditors of the Company;
• the approval of the stock option plan of the Company;
• the three nominees proposed by management were elected by shareholders, with the detailed results for the election of directors of the management proxy votes received, including those at the Meeting, were as follows:

In addition, shareholders voted in favour of the following items of business relating to the Proposed Transaction to take effect pursuant to an amalgamation agreement dated February 7, 2022 (the "Amalgamation Agreement"), between the Company and Lithium Ionic:

• change of name of the Company to "Lithium Ionic Corp." or such other name as the directors of the Company may approve and may be acceptable to the applicable regulatory authorities;
• the consolidation of the common shares of the Company; and
• the six nominees proposed by management, upon completion of the Proposed Transaction, with the detailed results for the election of directors of the management proxy votes received, including those at the Meeting, being as follows:

Further details on the above matters, including the report of voting results thereon, are available on under the Company's profile on www.sedar.com.

Transaction Update

The Company has filed a draft filing statement with the TSX Venture Exchange and will provide further updates on the Proposed Transaction as they become available. Lithium Ionic has provided notice of their meeting to be held on April 14, 2022 at which the Proposed Transaction and the Amalgamation Agreement will be put before the shareholders of Lithium Ionic for their approval.

On February 8, 2022, Lithium Ionic and POCML6 closed brokered private placements of subscription receipts for gross proceeds of $14,000,000 led by Clarus Securities Inc. with a syndicate that included PowerOne Capital Markets Limited, iA Private Wealth Inc., Haywood Securities Inc. and Research Capital Corporation.

About Lithium Ionic

Lithium Ionic is a private company which owns a 100% ownership interest in the Itinga Project. The Itinga Project is located in Minas Gerais State (MG), Brazil. The Itinga Project comprises five mineral licenses covering more than 1,300 hectares in the prolific Aracuai lithium province. A portion of the Itinga Project occurs immediately south of the CBL Mine, Brazil's only lithium producer, and immediately north of the large Barreiro and Xuxa lithium deposits of Sigma. The CBL Mine has been in operation since 1993. Sigma's estimated mineral resources, based on their technical reports prepared pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), exceeds 50 million tonnes of lithium oxide (Li2O) mineralized pegmatite in four deposits.

The Itinga Project area has excellent infrastructure, including access to hydroelectrical grid power, water, a commercial port, highways and communities. Lithium mineralization (spodumene, lepidolite, petalite) occurs within a halo of pegmatite dikes and apophyses that occur within the rocks surrounding Neoproterozoic granitic intrusions. Mineralization within the mineralized province and the distribution of the mineralized pegmatites is controlled by a complex and crosscutting system of northeast and northwest oriented faults that were exploited by the dikes. Mineralized structures have been identified in two areas within the Itinga Project and the remainder of the Itinga Project area remains to be explored.

Qualified Person

The technical information in this news release has been prepared by David Gower, a director of Lithium Ionic, and a "qualified person" as defined in NI 43-101.

For more information, please contact:

From POCML 6 Inc.
David D'Onofrio Director
p:(416) 643-3880
ddonofrio@poweronecapital.com

Cautionary Notes

This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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