VANCOUVER, BC, May 16, 2024 /PRNewswire/ – LiTHOS Group Ltd. (“LiTHOS” or the “Company”) (CBOE CA: LITS), a pacesetter in sustainable lithium manufacturing, is happy to announce the continued inflow of brine samples from new mining firms. This growth underscores LiTHOS’s rising fame and functionality within the lithium extraction business. The checks had been performed at LiTHOS’s state-of-the-art facility in Bessemer, Alabama, highlighting the Company’s dedication to technological innovation and environmental stewardship.

Key Developments:

Increased Brine Reception: LiTHOS has been receiving an growing variety of brine samples from new mining firms. This inflow highlights the business’s belief in LiTHOS’s patent-pending AcQUA™ know-how, which goals to enhance lithium extraction processes.

Successful Testing and Presentation: LiTHOS has accomplished complete testing on a number of brine samples from one in every of its mining prospects. The check outcomes have been efficiently offered to the shopper, demonstrating the effectiveness and reliability of LiTHOS’s know-how.

New Client Engagements: LiTHOS is at present testing further brine samples from prospects. The Company expects to finish these checks quickly and can current the outcomes to potential purchasers, reinforcing its market presence.

South American Client Engagement: LiTHOS has obtained brine samples from one other mining firm in South America, reinforcing its presence in the important thing lithium-rich area and enhancing its world attain.

About LiTHOS

Lithos Group Ltd. is a mining know-how firm centered on selective extraction of aqueous minerals. The Company’s AcQUA™ know-how permits lithium to be extracted from continental brine reservoirs with out the necessity for extra freshwater or any added chemical substances or reagents. Lithium is now among the many world’s most in-demand metals because the world “electrifies” to cut back CO₂ emissions, led by persevering with development in EV gross sales and the set up of lots of of gigawatts of intermittent solar energy technology capability requiring partial battery storage options.

The Company’s mission is to provide sustainable lithium with out evaporation ponds. AcQUA™ is LiTHOS’s patent-pending know-how that spans the entire worth chain from the conditioning and pre-treatment of uncooked brines by way of the DLE part into the sharpening and purification of battery-grade lithium feedstock. LiTHOS has two processing services: a 4,000 sq ft lab in Denver, CO, and a 55,000 sq ft advanced in Bessemer, AL.

LiTHOS is working with a number of strategic mineral useful resource house owners, together with brines from the most important Salars in Chile and Argentina and the Smackover reservoir within 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 extra info, please get in contact with LiTHOS Investor Relations at 1-877-LITHOS1 / 1-877-548-4671 or by way of e mail at data@lithostechnology.com.

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ON BEHALF OF THE BOARD

Scott Taylor – CEO

Forward-Looking Statements: This information launch incorporates forward-looking statements and forward-looking info (collectively, “forward-looking statements”) throughout the that means of relevant Canadian laws. All statements on this information launch that aren’t purely historic are forward-looking statements and embrace statements concerning beliefs, plans, expectations and orientations concerning the long run together with, with out limitation, the Company’s market place within the business of sustainable lithium manufacturing and enhance within the capability of the Company’s services. Although the Company believes that such statements are cheap and mirror expectations of future developments and different elements which administration believes to be cheap and related, the Company can provide no assurance that such expectations will show to be right. Forward-looking statements are sometimes recognized by phrases corresponding to: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such phrases and phrases and comparable expressions, which, by their nature, check with future occasions or outcomes that will, might, would, would possibly or will happen or be taken or achieved. In making the forward-looking statements on this information launch, the Company has utilized a number of materials assumptions, together with with out limitation, that the Company’s services will be capable of deal with the elevated demand. Forward-looking statements contain recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements of the Company to vary materially from any future outcomes, efficiency or achievements expressed or implied by the forward-looking info. Such dangers and different elements embrace however should not restricted to, the failure of the Company’s services to deal with elevated demand and the potential that the Company’s market place doesn’t enhance as anticipated. Further, the continued labour shortages, inflationary pressures, rising rates of interest, the worldwide monetary local weather and the battle in Ukraine and surrounding areas are some further elements which might be affecting present financial situations and growing financial uncertainty, which can influence the Company’s working efficiency, monetary place and future prospects. Collectively, the potential impacts of this financial setting pose dangers which might be at present indescribable and immeasurable. Other elements can also adversely have an effect on the long run outcomes or efficiency of the Company, together with these dangers and issues extra absolutely described within the Company’s annual and quarterly administration dialogue and evaluation and in different filings made by the Company with Canadian securities regulatory authorities underneath the Company’s profile at www.sedarplus.ca. Readers are cautioned that forward-looking statements should not ensures of future efficiency or occasions and, accordingly, are cautioned to not put undue reliance on forward-looking statements because of the inherent uncertainty of such statements. These forward-looking statements are made as of the date of this information launch, and until required by relevant regulation, the Company assumes no obligation to replace the forward-looking statements or to replace the explanation why precise outcomes might differ from these projected in these forward-looking statements.

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