The TSX Venture Exchange has accepted for filing documentation pertaining to the agreement for the exploration and purchase option of mining properties, dated May 5, 2025, between the company and an arm's-length party (the owners). The agreement relates to the Archibarca II and Archibarca III properties, located immediately south of the company's Rio Grande project. Under the terms of the agreement, the company has been granted the exclusive option to purchase the properties, including the right to conduct comprehensive exploration activities on the properties. In consideration, the company shall pay the owners the total amount of $800,000 (U.S.), composed of $550,000 (U.S.) in cash and $250,000 (U.S.) in shares of NOA Lithium Brines Inc., with an exchange rate equal to $1 (U.S.) to $1.3611 (Canadian). The shares shall be priced at the greater of: (i) the previous-day closing market price of the NOA Lithium Brines' shares as listed on the TSX Venture Exchange or such other recognized exchange in Canada where the NOA Lithium Brines shares are listed; and (ii) 30 Canadian cents per share. Pursuant to these terms, a total of 1,134,250 common shares will be issued in connection with this transaction. Payments and share issuances will be completed in accordance with the schedule detailed in the attached table.

For more information, please refer to the company's news releases dated May 8, 2026, and Oct. 26, 2026.