Mr. John Wisbey reports

COMPANY NAME CHANGE TO ILC CRITICAL MINERALS LTD.

Effective Jan. 12, 2026, International Lithium Corp. will change its name to ILC Critical Minerals Ltd.

Effective at the opening of trading on Jan. 12, 2026, the common shares of the company will commence trading on the TSX Venture Exchange under the new name. The trading symbol on TSX-V will remain unchanged as ILC. The company's new Cusip number will be 44967J107 and its new ISIN will be CA44967J1075. The company will continue to refer to itself and to be known in communications as ILC as well as ILC Critical Minerals.

The share capital of the company remains unchanged. The company currently has 272,403,254 common shares issued and outstanding. Shareholders are not required to exchange their existing share certificates for new certificates bearing the company's new name. Outstanding certificates representing common shares or warrants of International Lithium will continue to be valid and may be exchanged for certificates bearing the new name at any time.

All other corporate information, including the company's business operations and its continuing exploration and development activities, remains unchanged. The names of some of the company's subsidiaries in Canada and overseas will be changed in line with this new name.

John Wisbey, chairman of ILC, stated: "We still believe passionately in the future of lithium, a critical mineral vital to batteries for electric vehicles and battery energy storage systems, and we note with satisfaction the significant recovery in the lithium carbonate price by over 110 per cent since June 30, 2025, while the price of spodumene with a 6-per-cent lithium oxide content (SC6) has risen by over 160 per cent from its June, 2025, low and has outperformed even silver in that same time. However in our present projects in Canada and our possible future projects in Southern Africa there are now significant quantities of other critical minerals such as rubidium, cesium and possibly copper, and the company's historic name no longer fully reflects the likely balance and economics of our future activities. So we felt it was time for a change.

"We will make a further announcement once the name has been changed detailing also our new website and e-mail addresses and other relevant information."