Mr. Trevor Walker reports

FRONTIER APPLAUDS BUDGET ALLOCATION TO BERENS BRIDGE AND ROAD PROJECT: A MAJOR ADVANCEMENT FOR INFRASTRUCTURE IN NORTHWESTERN ONTARIO

Frontier Lithium Inc. is applauding the budget allocation from the federal and provincial governments to the Berens bridge and road project. This milestone was started over 30 years ago by visionary first nation leaders who recognized the need for all-season road infrastructure to their communities. The initiative was supported by all the communities in the Treaty No. 5 Ontario region and was achieved through the financing and perseverance of Pikangikum First Nation and the Whitefeather Forest Community Resource Management Authority.

Consistent with provincial and federal government commitments to reconciliation, this project exemplifies the collaborative spirit between provincial and federal authorities and indigenous peoples who have all contributed to the project. The construction funding shared between the provincial and federal governments will enable the creation of a two-lane, 196-metre bridge over the Berens River, and the upgrading and construction of over 30 kilometres of road, including to Pikangikum First Nation.

"This bridge and road will benefit both Pikangikum First Nation and the other first nation communities in the region, increasing access to essential goods and services and providing future economic opportunities. For Pikangikum, it will enhance the economic initiatives as planned for by the community's elders of Whitefeather and past leadership. It also builds a better future for our children and for the future generations to come," stated Shirley Keeper, chief of Pikangikum First Nation.

Beyond an infrastructure undertaking, the Berens bridge and road project promises multigenerational benefits throughout the region. The project's completion will herald a new era of connectivity, increasing safety, economic opportunities and enhancing the quality of life for over 10,000 residents from seven first nation communities in Northwestern Ontario.

"Frontier wishes to recognize the leadership of Pikangikum First Nation and the supporting Treaty No. 5 Ontario communities, and acknowledges the transformative potential of this project to catalyze the region," said Trevor Walker, president and chief executive officer of Frontier Lithium. "The successful completion of the all-season bridge and road infrastructure will pave the way for enhanced mobility, foster economic growth and decrease costs by improving access to markets, health care, education and other critical services. Importantly, this infrastructure also represents a significant milestone that will help unlock the potential of the PAK lithium project."

As Frontier applauds this announcement, the company is committed to working alongside indigenous communities and partners to ensure the successful completion of the Berens bridge and road project.

About Frontier Lithium Inc.

Frontier Lithium is a preproduction business with an objective to become a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the growing electric-vehicle and energy storage markets in North America. The company's PAK lithium project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.

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