Lithium Chile Announces Life Offering of Up to $5,000,000

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NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS.

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CALGARY, Alberta, Sept. 17, 2025 (GLOBE NEWSWIRE) — Lithium Chile Inc. (“Lithium Chile” or the “Company”) (TSX Venture Exchange: LITH) (OTC-QB: LTMCF) is pleased to announce that it has entered an agreement with Canaccord Genuity Corp. acting as lead agent and sole bookrunner on behalf of a syndicate of agents to be formed (the “Agents”), in connection with a best efforts private placement offering of up to 10,000,000 units of the Company (each a “Unit”) at a price of $0.50 per Unit (the “Offering Price”) for aggregate gross proceeds of up to $5,000,000 (the “Offering”). The Company has also granted the Agents an option, exercisable in whole or in part at any time prior to the closing of the Offering, to arrange for the sale of up to an additional 1,500,000 Units at the Offering Price, for additional gross proceeds of up to $750,000.

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Each Unit will consist of one common share in the capital of the Company (each, a “Unit Share”) and one common share purchase warrant of the Company (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one common share in the capital of the Company (each, a “Warrant Share”) at a price of $0.70 per Warrant Share for a period of 5 years following the closing of the Offering.

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The Units will be offered for sale under the listed issuer financing exemption pursuant to Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (together, the “Listed Issuer Financing Exemption”), in each of the provinces of Canada except Québec. The securities issued under the Listed Issuer Financing Exemption will not be subject to a hold period pursuant to applicable Canadian securities laws.

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The Agents will also be entitled to offer the Units for sale in the United States pursuant to available exemptions from the registration requirements of the United States Securities Act of 1933 (the “1933 Act”), as amended, and in certain other qualifying jurisdictions outside of Canada and the United States on a private placement basis provided it is understood that no prospectus filing or comparable obligation arises in such other jurisdiction.

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There is an offering document (the “Offering Document”) related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.lithiumchile.ca . Prospective investors should read the Offering Document before making an investment decision.

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The net proceeds of the Offering will be used to advance the Company’s existing mineral properties in Argentina and Chile, for general and administrative expenses, and working capital purposes, as further described in the Offering Document.

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The Offering is expected to close on or about October 7, 2025, or such other date as may be determined by the Company and the Agents (the “Closing Date”) and is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

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The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, any U.S. persons or any persons within the United States absent registration or available exemptions from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. No public offering of securities is being made in the United States. ‘United States’ and ‘U.S. person’ are as defined in Regulation S under the U.S. Securities Act.