LiTHOS has selected Oak Hill Financial to enhance its market presence, targeting investment community channels, and identifying potential and existing investors, as the Company continues to execute its business plan.

“We are excited to enhance our capital markets initiatives with the engagement of Oak Hill Financial,” said Scott Taylor, Chief Executive Officer. “With Oak Hill Financial’s expertise, we aim to expand our shareholder base and amplify our reach through their extensive network of investment advisors and institutional fund managers.”

The engagement agreement (the “Agreement”) with Oak Hill Financial is set for an initial four-month period, effective from November 7, 2023, with provisions for automatic renewals unless a written notice is provided by LiTHOS or Oak Hill Financial within five business days of a monthly renewal. As part of the Agreement, Oak Hill Financial will receive $12,000 per month plus expenses pre-approved by the Company during the term of the Agreement. Oak Hill Financial will work to generate investment interest from the registered brokerage channels, registered family offices, investment funds and registered high net worth individuals. Oak Hill Financial will use its own sales force to effect such outreach and the promotional activity will be by verbal communication, by email and occasionally, through LinkedIn. Oak Hill Financial’s contact information is as follows: 161 Bay Street, Sute 2460, Toronto, ON M5J 2T3, attention: Anil Singh, email: asingh@oakhillfinancial.ca, telephone: 647.479.5803.

In addition, Oak Hill Financial will receive 300,000 stock options (each, an “Option”) of LiTHOS, at an exercise price of $0.56. The Options shall vest on a quarterly basis commencing on the date that is three months from the date of execution of the Agreement. If the Agreement is terminated for any reason, Oak Hill Financial shall have 60 days to exercise all vested Options, after which point they are cancelled. The Options shall have an 18-month term. Oak Hill Financial does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.