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February 26, 2024

LiTHOS Announces Non-Brokered Private Placement

VANCOUVER, BC – February 26, 2024 – LiTHOS Group Ltd. (“LiTHOS” or the “Company”) (Cboe CA: LITS)  (OTCQB: LITSF)  (FSE: YU8) (WKN: A3ES4Q) is pleased to announce that it has arranged a non‐brokered  private placement (the “Offering”) of up to 2,857,143 units (each, a “Unit”) at a price of $0.70 per Unit  for gross proceeds of up to $2,000,000. Each Unit will consist of one common share (each, a “Share”) in  the  capital  of  the  Company  and  one  transferable  share  purchase  warrant  (each,  a  “Warrant”).  Each  Warrant will entitle the holder to purchase one additional Share (each, a “Warrant Share”) in the capital  of the Company for a period of three years from the closing date at an exercise price of $0.90 per Warrant  Share.

Proceeds  from  the  Offering  will  be  used  for  payment  of  current  payables,  working  capital,  business  development and for completion of client pilot projects. Insiders of the Company may participate in the  Offering. Finder’s fees may be payable in connection with the Offering in accordance with the policies of  the Cboe.

All securities issued in connection with the Offering will be subject to a four month hold from the closing  date.

None of the securities issued in the Offering have been, and none of them will be registered under the  United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws  and may not be offered or sold within the United States or to U.S. Persons unless registered under the  U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About LiTHOS

The Company’s mission is to deliver sustainable lithium production without the use of evaporation ponds. AcQUA™ is LiTHOS’ patent‐pending technology that spans the complete value chain from the conditioning  and pre‐treatment of raw brines through the DLE phase into the polishing and purification of battery grade  lithium feedstock. LiTHOS has two fully operational processing facilities: a 4,000 sq ft lab in Denver, CO  and a  55,000  sq  ft  complex in Bessemer, AL. LiTHOS is working  under  contract with multiple  strategic  mineral resource owners and processing brines  from the largest Salars in Chile and Argentina, and the  Smackover reservoir in the Southeastern United States. Our wholly owned subsidiary, Aqueous Resources  LLC, is a US Department of Energy grant awardee and a Colorado Advanced Industries grant awardee.


Scott Taylor ‐ CEO

For more information please contact:

Canadian LiTHOS Investor Relations Contact:

Oak Hill Financial