Mr. Andrew Bowering reports

UNITED LITHIUM TO CHANGE NAME TO NORDX METALS CORP. AND COMPLETE 2 FOR 1 SHARE CONSOLIDATION

United Lithium Corp. will consolidate its issued and outstanding common shares at a ratio of one postconsolidation share for two preconsolidation shares. In connection with the consolidation, the company intends to change its name from United Lithium to Nordx Metals Corp.

As of the date hereof, the company has 79,469,308 issued and outstanding shares. Following completion of the consolidation, the company is expected to have approximately 39,734,654 issued and outstanding shares. The shares are expected to commence trading on a postconsolidation basis on the Canadian Securities Exchange under the new name, Nordx Metals, and the new ticker symbol, NRDX, effective May 19, 2026, subject to final CSE approval.

No fractional shares will be issued in connection with the consolidation. The holdings of any shareholder who would otherwise be entitled to receive a fractional share as a result of the consolidation shall be rounded up to the nearest whole number. The consolidation will not affect any shareholder's percentage ownership in the company other than by the minimal effect of the aforementioned rounding of fractional shares, even though such ownership will be represented by a smaller number of shares. Instead, the consolidation will reduce proportionately the number of shares held by all shareholders.

A letter of transmittal will be mailed to registered shareholders providing instructions with respect to surrendering share certificates representing preconsolidation shares in exchange for postconsolidation shares issued as a result of the consolidation. Until surrendered, each certificate representing preconsolidation shares will be deemed to represent the number of postconsolidation shares the holder received as a result of the consolidation. Shareholders who hold their shares in brokerage accounts or in book entry form are not required to take any action as they will have their holdings electronically adjusted by the company's transfer agent or by their brokerage firms, banks, trust or other nominees. In accordance with the company's articles, the consolidation will not require shareholder approval and has been approved by the company's board of directors.

A copy of the letter of transmittal will also be available on the company's profile on SEDAR+.

The company's new Cusip number for the postconsolidation shares will be 65557M 10 1 and its new ISIN is CA 65557M 10 1 4.

All of the outstanding convertible securities of United Lithium will also be adjusted by the consolidation ratio and the respective exercise prices of those outstanding securities will be adjusted accordingly.

About United Lithium Corp.

United Lithium is an exploration and development company focused on the global demand for lithium, uranium and rare earth elements. The company is targeting lithium, uranium and rare earth element projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development and potential production opportunities.

The company's consolidated financial statements and related management's discussion and analysis are available on the company's website or under its profile on SEDAR+.

We seek Safe Harbor.