Mr. Dustin Nanos reports

SALI LITHIUM CORP. PROVIDES CORPORATE UPDATE

Sali Lithium Corp. has experienced initial temporary delays in preparing its first financial documents, resulting from its multijurisdiction structure and recent amalgamation (as announced May 21, 2024, and described herein). Sali is working diligently to finalize and file such financial documents shortly, at which point the company will seek to have the British Columbia Securities Commission cease trade order (CTO) revoked and further provide a full corporate update on its Argentinian lithium assets and exploration.

The delay and resulting CTO pertains to the filing of the company's first quarter financial statements and corresponding management's discussion and analysis for the three months ended May 31, 2024, with a filing deadline of July 30, 2024.

The CTO pertains to the company's filing of financial statements and does not impact any of the company's assets or plans.

The company was formed through a three-cornered amalgamation among Pursuit Gold Corp., 1477445 B.C. Ltd. (formerly South American Lithium Corp, an Alberta corporation) and 1477430 B.C. Ltd., a former subsidiary of the company.

About Sali Lithium Corp.

Sali Lithium is a mineral exploration company focused on exploration for lithium in Argentina. Its primary property is its interest in the El Quemado project, comprising 46 mining concessions totalling 58,000 hectares located in Salta province, Argentina.