Mr. Farhad Abasov reports

MILLENNIAL LITHIUM ANNOUNCES UPSIZE TO PREVIOUSLY ANNOUNCED PUBLIC OFFERING TO C$10 MILLION

Millennial Lithium Corp. has amended the terms of its previously announced public offering of units of the company to increase the size of the offering from $5-million to $10-million or from four million units to eight million units.

Under the revised terms of the offering, Canaccord Genuity Corp. has agreed to act as an agent of the company on a commercially reasonable efforts basis in connection with the offering of up to eight million units at a price of $1.25 per unit for up to $10-million. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each whole warrant shall be exercisable into one common share for a period of 24 months from closing of the offering at an exercise price of $1.50. The company has agreed to grant the agent an overallotment option exercisable in whole or in part for a period of 30 days from the closing to acquire up to an additional 1.2 million units at the offering price and/or up to an additional 600,000 additional warrants at a price of seven cents per warrant. The overallotment option is solely for the purpose of covering any overallocation position, if any, and for market stabilization purposes.

The company intends to file a (final) short-form prospectus to qualify the distribution of the eight million units under the offering with the securities regulatory authorities in each of the provinces of British Columbia, Alberta and additional provinces of Canada other than Quebec.

The offering is expected to close on or about Sept. 26, 2017, and is subject to the company receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

The net proceeds of the offering are expected to be used to finance continuing development and exploration activities, and for general corporate purposes.

We seek Safe Harbor.