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Vision Lithium Inc
Symbol VLI
Shares Issued 293,019,151
Close 2026-09-23 C$ 0.01
Market Cap C$ 2,930,192
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Vision Lithium's 1:15 rollback to be effective Sept. 28

2026-09-24 12:03 ET - News Release

Mr. Victor Cantore reports

VISION LITHIUM ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

Further to Vision Lithium Inc.'s news release dated Jan. 12, 2026, effective at the opening of markets on Monday, Sept. 28, 2026, the common shares in the capital of company will begin trading on the TSX Venture Exchange on a consolidated basis of 15 preconsolidation shares for every one postconsolidation share. The company's name and stock symbol will remain unchanged following the consolidation. The company's new Cusip number will be 92837C208 and the new ISIN will be CA92837C2085.

The company currently has 293,019,151 shares issued and outstanding, and following the consolidation, the company will have approximately 19,534,610 shares issued and outstanding.

No fractional shares will be issued as a result of the consolidation. Any fractional shares resulting from the consolidation will be rounded up or down to the nearest whole share. The company's outstanding incentive stock options, warrants and any convertible securities will be adjusted on the same basis (15:1) to reflect the consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices.

The consolidation and all other items of business were approved by shareholders at the annual general and special meeting of the company's shareholders held on Jan. 30, 2026. Articles of amendment were subsequently filed and the company expects to receive a certificate of amendment giving effect to the consolidation effective Sept. 23, 2026.

Registered shareholders holding shares through the direct registration system (DRS) and beneficial shareholders holding shares through a broker, investment dealer, bank, trust company or other intermediary will generally have their positions adjusted automatically to reflect the consolidation in accordance with the procedures of Computershare Investor Services Inc. or their intermediary, as applicable.

Letters of transmittal with respect to the consolidation will be mailed to all registered shareholders of the company. All registered shareholders holding share certificates of the company will be required to send their respective certificates representing the preconsolidation shares along with a properly executed letter of transmittal to the company's transfer agent, Computershare Investor Services (the transfer agent), in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained by contacting the transfer agent at 1-800-564-6253 or by e-mail to corporateactions@computershare.com. All shareholders who submit a duly completed letter of transmittal along with their respective preconsolidation share certificate(s) to the transfer agent, will receive a post consolidation share certificate or direct registration system (DRS) advice representing the postconsolidation shares.

About Vision Lithium Inc.

Vision Lithium is a junior exploration company focused on exploring and developing high-quality mineral assets including lithium and copper in Canada. The company is led by skilled and qualified mineral exploration experts and business professionals with a deep understanding of the battery materials market, which is driven by lithium-ion batteries. Vision Lithium completed a PEA on its Sirmac lithium project in 2023. The company is committed to discovering new, world-class assets and bringing these assets to production, starting with its advanced Sirmac lithium property in Quebec and Godslith lithium property located in Manitoba, and a group of base metal rich Ni-Cu-Co (nickel-copper-cobalt) and/or Cu-Zn-Ag-Au (copper-zinc-silver-gold) properties in Eastern Quebec and New Brunswick.

We seek Safe Harbor.

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