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Lithion doubles on management changes

Shares in lithium-focused Lithion Energy surged yesterday on the appointment of a new CEO and chairman who are set to invest a combined C$350,000 (US$262,000) in the junior.

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Lithion Energy’s Railroad Valley lithium project in Nevada

Lithion said it had appointed mining engineer and deal maker Warren Gilman, a founder of Canadian Imperial Bank of Commerce's global mining team in Toronto, as chairman.