Mr. Patrick Morris reports

POWR LITHIUM HALO PROJECT MOVES AHEAD

Powr Lithium Corp. has provided a summary of recent activities and events regarding its Halo project in Nevada.

Highlights

Recent two-million-dollar ($2M) financing provides year-end impetus and launchpad for 2024.

Activation of Q4 2023 workplan now underway.

Falcon Drilling mobilizes equipment for 1,000m diamond drill campaign.

Adjoining property activities, results, and investments provide encouragement.

As noted previously, the Halo Project, consisting of ninety-eight mineral claims located in Nevada's Esmeralda and Nye Counties is considered prospective for claystone-hosted lithium mineralization. Optimistic announcements regarding exploration and development on adjacent properties to the north and southwest of the Halo Project have fueled enthusiasm for regional lithium exploration activities in the area.

Drilling operations are being managed by Falcon Drilling of Carson City, Nevada (https://falcon-drilling.com/). The equipment is designed and manufactured by Falcon and has been proven at numerous projects both domestically and internationally. The highly mobile platform allows for on-site adjustments and target location revisions based on downhole results and initial assessment by the project supervisor in consultation with the POWR exploration team leaders.

The Q4 work program has commenced and is planned for up to 1,000m of target holes with an average sample depth of 200 meters each. Depths are subject to daily review of core samples which may determine the need for final number of drill targets and increased depth studies on an "as needed" elective basis. Results may be used to enhance a future work program on the property.

Immediately to the north, and directly adjacent to Halo, American Lithium (Market Cap US$229M) published a positive preliminary economic assessment (PEA) for its TLC Project with a base case after-tax NPV8% US$3.26 Billion & after-tax IRR of 27.5%. To the southwest and directly adjacent to Halo, American Battery Technology (Market Cap US$249M) has confirmed the presence of lithium at depths greater than 1,400 feet (430m) below surface. The combined outlook from these directly proximal operations is of great interest and exciting to the POWR Lithium exploration team.

Figure 1 - POWR Lithium Halo Property and Adjacent Projects

Company CEO, Patrick Morris notes, "No previous field work or sampling was ever completed on the Halo property which is surprising given that it now has two advanced projects adjacent to it. Our initial field work aimed to improve and clarify technical knowledge within the Halo project land package. We are excited that our recent financing combined with the data acquired from the initial fieldwork and preliminary geology and metallurgy efforts now provide adequate impetus to advance drill targeting."

On Behalf of The Board of Directors, Sincerely, ~Patrick Morris~

Patrick Morris

Chief Executive Officer

POWR Lithium Corp.

www.powrlithium.com

About POWR Lithium Corp. (CSE: POWR) (FRA: 6JX / WKN: A3D6BS) (OTCQB: PWRLF)

POWR Lithium is an exploration and development company dedicated to the advancement of North American lithium deposits to support domestic demand. The Company holds interests on the Halo and Eli properties in Nevada. The Company is also focusing on the development of claystone extraction and processing technologies aimed at delivering scalable efficiencies across the value chain in a sustainable manner. To find out more visit www.powrlithium.com and watch our video.

POWR Lithium advises the public that as part of its disclosure obligations as a public issuer, all material and regulatory filings can be found on www.sedar.com. We also invite the public to visit our website at www.powrlithium.com and to sign up to our "news alerts" to be advised of future news releases and related company information. Please also ensure you watch our video which is now available on the website.

We seek Safe Harbor.