Advantage Lithium to Acquire Interest in 4 Lithium Brine Projects in Mexico

• The four projects covering a total of approximately 37,000 hectares and held by claim applications are located in the states of Chihuahua (La Union, La Union 2 and Santa Maria) and Coahuila (La Viesca)
• All projects are located in large, salar closed basins, in geological settings analogous to the Clayton Valley Basin, Nevada host of Albemarle’s Silver Peak lithium producing mine operation
• Historic work in the area by the Mexican Geologic Survey included a 1982 drill hole at La Union which returned a brine sample of 283 ppm Li
• Radius conducted controlled surface samples which resulted in numerous anomalous lithium results including 189ppm Li at La Viesca
• Region is underexplored
• Mexico is considered a mining friendly supportive jurisdiction. The area has excellent infrastructure and is road accessible, leading to potentially low exploration costs

Key geographical highlights similar to Clayton Valley and/or associated with brine deposits

• Located in a desert climate with historic evaporate ponds.
• Large closed basin salar targets
• Geothermal hotsprings observed at La Union and Viesca salars
• Suitable lithium source-rocks
• Subsurface highly saline aquifers described in historic data
• Basin formation post Tertiary

David Sidoo, President and Director, of Advantage Lithium, commented: “We are extremely pleased with these lithium brine projects. They are in a closed basin with salar targets and surface-level lithium – directly analogous to Clayton Valley. The region has seen little prior exploration and is an ideal setting for our technical team, which includes the award-winning geologist, Ross McElroy, who has a track record of making major discoveries in underexplored areas. We are looking forward to working with Radius to close the agreement and begin active exploration.”