Mr. Steven Cochrane reports

LITHIUM CHILE DIRECTORS AND OFFICERS EXERCISE OPTIONS

Several Lithium Chile Inc. directors and officers have exercised stock options previously granted under the company's stock-based compensation plan.

A total of 475,000 options were exercised at a price of 51 cents per share, generating $245,250 in proceeds to the company. This insider participation reflects strong confidence in Lithium Chile's strategy and the continuing progress toward closing a transaction which is expected to monetize the Arizaro lithium project in Argentina.

The leadership team remains confident that the previously announced acquisition of the Arizaro project is advancing toward closing, with both parties working toward finalizing definitive agreements that reflect the material terms contained in the letter of intent entered into on Dec. 15, 2024.

Michelle DeCecco, chief operating officer of Lithium Chile, comments: "While the Arizaro acquisition has taken longer than anticipated, the transaction terms remain unchanged with both parties fully committed to completing the transaction. The decision by our board members and the executive team of Lithium Chile to exercise options is a powerful endorsement in the company's ability to advance the Arizaro transaction and to exploit the company's remaining strong asset portfolio. This includes our interests in the Coipasa salar in Chile, where Lithium Chile and its partner were recently awarded one of only three lithium development production contracts granted by the Chilean government."

About Lithium Chile Inc.

Lithium Chile is an exploration company with a portfolio of 11 properties spanning 107,936 hectares in Chile and 29,245 hectares on the Salar de Arizaro in Argentina. The company has successfully advanced its Arizaro project with the completion of a National Instrument 43-101-compliant resource report followed by a preliminary economic assessment and then a prefeasibility study, all of which are accessible on SEDAR+ under Lithium Chile's profile.

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