Mr. A. Paul Gill reports

EDISON LITHIUM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UP TO $1.9 MILLION

Edison Lithium Corp. intends to complete a non-brokered private placement of up to 27,142,857 units of the company at a price of seven cents per unit for aggregate gross proceeds of up to approximately $1.9-million.

Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of 10 cents per warrant share for a period of 36 months from the date of issuance.

The company intends to use the net proceeds of the offering for exploration activities and for general working capital and corporate purposes.

The company may pay finders' fees in connection with the offering, subject to compliance with the policies of the TSX Venture Exchange and applicable securities laws.

The securities issued pursuant to the offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

Insiders of the company may participate in the offering. Such participation will constitute a related-party transaction within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company anticipates relying on the exemptions from the formal valuation and minority shareholder approval requirements under sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101 subject to satisfaction of the applicable requirements.

Completion of the offering remains subject to final acceptance by the exchange, including satisfaction of the conditions set out in the exchange's conditional acceptance and final approval of the company's related reviewable transaction.

About Edison Lithium Corp.

Edison Lithium is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The company's acquisition strategy is based on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry, and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metal space.

We seek Safe Harbor.