Mr. Jason Walsh reports

GLOBAL LI-ION ANNOUNCES PRIVATE PLACEMENT, DEBT CONVERSION AND STOCK BONUS

Global Li-Ion Graphite Corp. intends to carry out a non-brokered private placement of up to 10 million units of the company at a price of 2.5 cents per unit for gross proceeds of up to $250,000. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will be exercisable into one share for two years from the date of issuance at an exercise price 10 cents per share for the first year of the exercise period and at an exercise price of 20 cents for the second year of the exercise period. The proceeds of the offering will be used for business development and general corporate purposes. All securities to be issued pursuant to the offering will be subject to a statutory four-month-and-one-day hold period. Finders' fees may be payable in connection with the offering, all in accordance with the policies of the Canadian Securities Exchange.

Debt conversion and stock bonuses

The company further announces that it intends to settle $105,872 of indebtedness owing to arm's-length creditors through the issuance of an aggregate of 4,234,877 units at a price of 2.5 cents per unit. The indebtedness represents a portion of certain debts owing by the company to the creditors pursuant to a series of promissory notes executed by the company in 2024 and 2025, such notes having an aggregate principal amount of $286,700.

The company further announces that, pursuant to the terms of the notes, it intends to pay stock bonuses to the creditors, in the aggregate amount of $80,762.50, through the issuance of an aggregate of 1,612,500 common shares of the company at a deemed issue price of five cents per share.

Completion of the debt conversion and the stock bonuses remain subject to Canadian Securities Exchange approval and execution of applicable debt conversion agreements with the creditors. All securities issued in connection with the debt conversion and the stock bonuses will be subject to a four-month hold period from the date of issuance in accordance with applicable Canadian securities laws.

About Ambato-Arana graphite mine, Madagascar

The three 40-year renewable mining exploitation licences that comprise the project total 4,375 hectares (10,811 acres) located in the vicinity of Andasibe in Toamasina province in Madagascar, 20 kilometres to the southwest of Sheritt's large-scale nickel/cobalt laterite open pit mine at Ambatovy and 15 kilometres northeast of the town of Moramanga, from which national highway RN2 connects with capital city Antananarivo (114 kilometres) and Madagascar's main port of Toamasina (Tamatave) (240 kilometres). Graphite was produced on the licences, at a modest rate constrained by the technology employed on the licences at that time, for roughly a century from 1910. Production was suspended by the previous owners due to a slump at the time in global graphite markets and with the deposits only partially mined. The deposits are now ready for larger-scale exploitation with modern production techniques. They lie within the graphitic horizons of the highly prospective Manampotsy formation and are associated with topographic highs that are exploited by free digging of lateritic ore and open-pit mining, providing a lower-cost exploitation without need for blasting. The graphite mineralization on the project appears within well-defined north-south belts with interbedded graphite-rich friable layers. The geological layers of interest have continuity of several kilometres and exhibit a shallow dip angle. Sample data indicate good grade (up to 10 per cent carbon content with some samples up to nearly 14 per cent) and large flake (jumbo size) consistent with other nearby mines, for example: Gallois (Elate Graphite), Sahamamy and Vatomina (Tirupati Graphite), and Vohitsara (DNI Metals).

We seek Safe Harbor.