A transaction chain is administered by professionals: auditors, sponsors, accountants, lawyers, translators, notaries. This page records, from the registers and filings only, which professionals and repeat entities appear at more than one point of this chain, and in what documented capacity. It is confined to parties with documented roles in this record.
McGovern Hurley. Emerita's audited annual financial statements through the option period, including the FY2018 statements that carry both the option's stated expiry and its later exercise, were audited by UHY McGovern Hurley LLP (FY2018 statements, 29 January 2019). Three years later, McGovern Hurley LLP was the auditor of Lithium Ionic Inc., the founder-share vehicle, for the financial statements reproduced in the POCML 6 Filing Statement, which carries the firm's report and its statement of independence. The same firm therefore audited the company said to have lost the asset, in the years the option was acquired and exercised, and the private vehicle through which the asset was taken public. Auditors act for many clients and nothing turns on the overlap by itself; it is recorded because any examination of what each company's records showed about the Falcon Project will pass through the same firm's files twice.
Deloitte LLP, Lithium Ionic Corp.'s auditor, paused the FY2025 audit on 22 April 2026 following the OSC application; the statements filed 5 June 2026 carry an unmodified opinion with a Material Uncertainty Related to Going Concern and a Key Audit Matter on the OSC allegations "surrounding the origin of the Bandeira Lithium Project", and Note 1 records that title-verification steps "do not guarantee the Company's title" (LTH FY2025 statements).
POCML 6 Inc., the shell that became Lithium Ionic Corp., was a capital-pool company sponsored by PowerOne Capital Markets (principals named in the filing statement: D'Onofrio, DiCapo, Parsons). David D'Onofrio, PowerOne's CFO, appears at three points: as a principal of the sponsor; as sole director, president and secretary of 1000088600 Ontario Inc., the single-purpose merger sub on the 19 May 2022 amalgamation (articles, certified Ontario Business Registry); and, from 3 September 2024, as a director of Lithium Ionic Corp. itself. Sponsoring a CPC and directing its merger sub is exactly what a capital-pool sponsor does; the recurrence is recorded because the merger sub's paper trail is part of the asset's Ontario chain of title.
Mario Danilo Paes, contador, CRC-MG registration MG-063377/O, signed the statutory Declaração de Autenticidade (the accountant's declaration that annexed foreign corporate documents and powers of attorney are authentic) behind each of the three transfers that moved MGLIT: act RD 8038042 (declaration dated 1 October 2020, the day of the instrument itself), act RD 8859466 (19 October 2021) and act RD 9180632 (14 February 2022), and again on the 2025 act RD 12546327. On the one act in this set that survives as a native digital file, his ICP-Brasil signature carries the same name and date, so the identification is on the face of the documents. His firm, B&P Consultoria Contábil of Belo Horizonte, is the registered administrative contact for entities on both sides of the chain, including Falcon Metais and Lithium Ionic Holdings Corp.; B&P is an ordinary accounting practice with a large client book, so shared contact fields evidence a shared accountant rather than a link between the companies, and authenticating a client's foreign documents is exactly what a contador does. The registry-grade fact is narrower and stated as such: one professional's signature sits behind every ownership change of the vehicle, from UK parent, to Diniz personally, to the Canadian acquirer.
Two further professional signatures recur on the file: Roberta Paes Leme Bousas, OAB/MG 116355, signatory on the authentication of Malta do Brasil's constitution in October 2018 (a name that also appears, by four-element match, on the Malta Minerals PLC register of members); and Mario Miguel Fernandez Escaleira, sworn translator, JUCESP matrícula 1399, whose translations are annexed to the 2020 and 2021 transfer acts. The Ontario notarisations and Brazilian consular legalisations on the 2021 acquisition documents are set out on the vehicle page.
"Forbes & Manhattan" is a Toronto merchant-banking group. Its presence in this chain is not an inference from names; it is on the Brazilian registers, and in the acquirer's own listing document, in the following documented forms.
| Register fact | Detail and source |
|---|---|
| Falcon Metais's founding orbit | On the 25 March 2009 act (registered 2 April 2009), Forbes and Manhattan (Barbados) Inc. ceded 159,999,998 quotas and Diniz his single quota to Amazon Potash Corp. (a Toronto-addressed company), which entered holding 99.99998% of Falcon's capital. Diniz signed for all three parties, as procurador of both companies; the Amazon Potash power of attorney had been signed at Toronto in February 2009 by Anthony John Wonnacott. JUCEMG act D 4113032, hosted here. |
| Capital out before the option | Falcon's capital was reduced twice, in 2014 and again by an instrument of 16 March 2016 (resolution of 16 December 2015) that returned the nominal value of 2,720,542 extinguished quotas to Amazon Potash as "excess capital for the purposes of the company's object", three months before the 13 June 2016 option agreement. JUCEMG act RD 5739050, hosted here. |
| The second corporate sócio | By instrument of 21 May 2019 (registered 4 June 2019), Forbes Empreendimentos Minerais Ltda. (renamed Forbes Participações Ltda. in 2022, now owned by Forbes & Manhattan Resources Inc. of Canada, administrator Neil Said from September 2023) acquired BS1 Mineração's single Falcon quota "por compra e venda, a valor contábil, ... conforme acerto apartado": a sale at book value on terms in a side agreement that is not on any register. JUCEMG act RD 7333978, hosted here; Receita Federal records. |
| The same company inside the vehicle | The same Forbes Empreendimentos Minerais Ltda. held the minority quota of Malta do Brasil / MGLIT from 2018, consented to the 2020 transfer to Diniz, and was the co-seller on the 2021 transfer to the Lithium Ionic side. JUCEMG acts RD 8038042 and RD 8859466, hosted here. |
| Emerita's own subsidiary began as an orbit vehicle | The company Emerita used in Brazil was not incorporated by Emerita: it was constituted in June 2014 as Irati Energia Participações Ltda. by Forbes Empreendimentos Minerais Ltda. and a Delaware LLC, both represented by Diniz, and Emerita acquired it in September 2017 (no consideration stated), renaming it Emerita do Brasil. JUCEMG acts D 31210203906 and RD 6391670, hosted here. |
| The self-description | Diniz's own director biography in the acquirer's listing document states that he "went on to set up several companies, such as Falcon Metais and HDX Consultoria", and that he "founded and developed several companies for the Forbes & Manhattan Inc. group", naming Brazil Potash, Aguia Metais, Belo Sun Mining and Irati Petroleo. POCML 6 Filing Statement, hosted here. |
| A continuing commercial relationship | Lithium Ionic's audited FY2025 statements disclose payments to Falcon Metais Ltda. of $29,623 in FY2025 and $37,611 in FY2024 for "various administrative services", describing Diniz as an officer of Falcon Metais; equivalent related-party notes appear in each annual filing since the 2022 listing. The vendor of the asset has remained a paid service provider to its acquirer. LTH FY2025 statements, Note 19. |
| The surface-rights loop | MGLIT lent R$ 10,000,000 at 1% to Valitar Participações S.A., which bought the surface rights over the Bandeira ground and leases them back to MGLIT; Valitar is 90% held by a Diniz company, and on the registry record Lithium Ionic Holdings Corp. holds the other 10% as preferred shares convertible at its sole discretion into 99.99% of Valitar's voting capital, created by an act of 2 June 2023, four days after the loan was announced. JUCEMG acts RD 31300154173 and RD 10599098, hosted here; LTH FY2025 statements, Note 19. |
| The company secretary's company | The largest outside holder on the Malta Minerals PLC register, Isatis Capital Group Inc. (11.56%), was a Québec company administered by the plc's own company secretary. It has been in bankruptcy since 8 July 2026. Companies House CS01, hosted here; Québec enterprise register. |
Sources as stated in each row. Amazon Potash Corp., Forbes and Manhattan (Barbados) Inc., Forbes Empreendimentos Minerais / Forbes Participações Ltda., Forbes & Manhattan Resources Inc., BS1 Mineração Ltda., Valitar Participações S.A., Isatis Capital Group Inc., B&P Consultoria Contábil, McGovern Hurley, PowerOne Capital Markets and every individual named in this section other than the OSC respondents are not parties to any proceeding referenced on this site, and no allegation is made against any of them.