Mr. Marc Branson reports

WEEKAPAUG LITHIUM ANNOUNCES CLOSING OF FULLY SUBSCRIBED $700,000 LIFE OFFERING

Further to its news release dated Sept. 13, 2024, Weekapaug Lithium Ltd. has closed its non-brokered private placement financing pursuant to the listed issuer financing exemption (LIFE) under Part 5A of National Instrument 45-106, Prospectus Exemptions, for gross proceeds of $700,000. Pursuant to the LIFE offering, the company issued an aggregate of 23,333,333 units at a price of three cents per unit.

Each unit consisted of one common share and one-half of one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at an exercise price of five cents for a period of 12 months.

The company intends to use the net proceeds from the LIFE offering for property development, general working capital purposes and repayment of certain debt, subject to compliance with the polices of the Canadian Securities Exchange.

In connection the LIFE offering, the company: (i) paid an aggregate of $12,160; and (ii) issued an aggregate of 405,333 non-transferable finder units to eligible finders. Each finder's unit entitles the holder to acquire one unit at an exercise price of three cents for a period of 12 months.

In accordance with Part 5A of NI 45-106 and applicable Canadian securities laws, the securities issued pursuant to the LIFE offering are not subject to any statutory hold period.

About Weekapaug Lithium Ltd.

At Weekapaug Lithium, the company's focus is dedicated to exploring and developing its Nakina lithium property and Firstbrook hydrogen property located in Northern Ontario, Canada.

We seek Safe Harbor.