VANCOUVER, BC, August 19, 2024 – LiTHOS Group Ltd. (“LiTHOS” or the “Company”) (CBOE CA: LITS) (OTCQB: LITSF) (FSE: YU8) (WKN: A3ES4Q), a leader in innovative lithium extraction technologies, is pleased to announce that Scott Taylor, CEO of LiTHOS, has been selected by the Denver Section of The Society of Petroleum Engineers (SPE) to receive the 2024 Outstanding Denver Technical Presentation Award. This prestigious award recognizes Mr. Taylor’s significant contributions to the oil and gas industry and beyond.

The Society of Petroleum Engineers (SPE) is a not-for-profit professional association with 127,000 members across 145 countries. It is a key technical and professional resource that provides opportunities to exchange information at in-person and online events through training, publications, and member programs. Mr. Taylor’s recognition is a testament to his dedication to advancing technology and innovation within the industry.

The award ceremony will take place on August 28th, 2024, from 5:00 PM to 8:00 PM at Tamayo in Larimer Square, Denver, CO. Mr. Taylor is honored to be invited to present at the event, further showcasing his expertise and commitment to the industry. Attendees can register for the ceremony using the following link: SPE Denver Award Ceremony Registration.

In addition to this honor, LiTHOS is excited to announce its participation in EnerCom Denver® 2024, the largest independent energy conference, from August 18-21, 2024. This event attracts over 1,500 attendees, including investors, high net-worth individuals, and industry professionals. EnerCom Denver® provides a prime platform for LiTHOS to showcase its cutting-edge technologies and discuss the future of the industry.

Scott Taylor will be presenting at EnerCom Denver® on August 21st at 8:35 AM MT. His presentation will focus on LiTHOS’s innovative approaches to lithium extraction and the company’s strategic growth plans. The event represents a significant opportunity for LiTHOS to engage with key stakeholders and explore new growth opportunities. Attendees can register for the conference at the following link: EnerCom Denver | The Energy Investment Conference.

About LiTHOS

Lithos Group Ltd. is a mining technology company focused on selective extraction of aqueous minerals. The Company’s AcQUA™ technology allows lithium to be extracted from continental brine reservoirs without the need for additional freshwater or any added chemicals or reagents. Lithium is now among the world’s most in-demand metals as the world “electrifies” to reduce CO₂ emissions, led by continuing growth in EV sales and the installation of hundreds of gigawatts of intermittent solar power generation capacity requiring partial battery storage solutions.

The Company’s mission is to produce sustainable lithium without evaporation ponds. AcQUA™ is LiTHOS’s 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 processing facilities: a 4,000 sq ft lab in Denver, CO, and a 55,000 sq ft complex in Bessemer, AL.

LiTHOS is working with multiple strategic mineral resource owners, including 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.

For more information, please get in touch with LiTHOS Investor Relations at 1-877-LITHOS1 / 1-877-548-4671 or via email at info@lithostechnology.com.

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ON BEHALF OF THE BOARD

Scott Taylor ‐ CEO

For further information, please contact:

LiTHOS Investor Relations Contact:
1-877-LITHOS1 / 1-877-548-4671
info@lithostechnology.com

Forward-Looking Statements:

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. All statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the requisite approvals for the completion of the Transaction may not be obtained, including that of the Cboe Canada, if necessary; that the Company or 1423908, as applicable, may be unable to satisfy any or all closing conditions necessary for the completion of the Transaction; that the Company and 1423908 will enter into the Definitive Agreement and close the Transaction by the proposed dates or at all; and other risks that are customary to transactions of this nature. Other factors may also adversely affect the future results or performance of the Company, including general economic, market or business conditions, future prices of minerals, changes in the financial markets and in the demand for minerals, changes in laws, regulations and policies affecting the mineral exploration industry, as well as the risks and uncertainties which are more fully described in the Company’s annual and quarterly management’s discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company’s SEDAR+ profile. The ongoing labour shortages, inflationary pressures, rising interest rates, the global financial climate and the conflicts in both Ukraine and Palestine and surrounding regions are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company’s operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.