This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions or forward-looking information within the meaning of applicable securities laws. Forward-looking statements are frequently identified by such words as “believe”, “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend”, “project”, “potential”, “possible” and similar words referring to future events and results. Forward-looking statements are based on the current opinions, expectations, estimates and assumptions of management in light of its experience, perception of historical trends, and results of the Pre-Feasibility Study (“PFS”), but such statements are not guarantees of future performance. In particular, this news release contains forward-looking information relating to: the Company’s path to commercial production at the Clearwater Project, including the achievement of shovel-ready status and the advancement of the five business drivers described herein; the completion of Phase 2 of the Demonstration Facility; the restart of the 30-column DLE system in Q4 2026 and the continued production of battery-grade lithium carbonate; the design, procurement, construction and operation of the commercial-scale DLE column, the expected commencement of its operation in 2027, and the expectation that its operating data will support project financiers, strategic partners and off-takers; the training of operations staff and the optimization of key process metrics; the continued engineering of the commercial facility, the compilation of a Class III cost estimate, and the completion and publication of the Clearwater Project Feasibility Study and FEED; the expected production capacity of Stage 1 of the Clearwater Project and the scalability of the Central Processing Facility; the Company’s Directive 056 licence and EPEA applications to the Alberta Energy Regulator for the Clearwater Central Processing Facility, the timing and outcome of the regulatory review, and the advancement of applications for the remaining permits; the continued shipment of lithium carbonate to prospective offtake partners, the outcome of their evaluation and product qualification, and the negotiation and execution of binding offtake agreements; the non-binding Memoranda of Understanding with Epsilon CAM, Tees Valley Lithium and Axens, and the negotiation and execution of definitive agreements; the amount of non-repayable funding available under Natural Resources Canada’s Global Partnerships Initiative and the eligibility and timing of reimbursement of program costs; the use of proceeds from the Company’s September 2026 equity financing; the strategic and financial benefits the Company expects to realize through the Industrial and Technological Benefits commitments associated with the Canadian Patrol Submarine Project; and the Company’s ability to secure project financing and the timing of a Final Investment Decision, construction and commercial operations at the Clearwater Project.