Toronto, Ontario--(Newsfile Corp. - February 9, 2024) - IberAmerican Lithium Corp. (CBOE: IBER) (OTCQB: IBRLF) ("IberAmerican" or the "Company") is announcing today changes to its board of directors (the "Board").

The Company has accepted Miguel de la Campa's resignation as a director of IberAmerican. Mr. de la Campa has been a member of the Board since the Company completed its go-public transaction in September 2023. In addition to being a member of the Board, Mr. de la Campa served as a member of the audit committee. Mr. de la Campa is stepping down as a member of the Board to pursue other opportunities. We want to thank Mr. de la Campa for his leadership and contribution to IberAmerican during his tenure.

The Board expects to promptly appoint an independent director to fill the vacancy resulting from the resignation of Mr. de la Campa.

About IberAmerican Lithium Corp.

IberAmerican Lithium Corp. is a hard-rock lithium exploration company focused on advancing its 100% owned Alberta II & Carlota Properties located in the Galicia region of northwestern Spain. IberAmerican Lithium's properties are located in a favorable lithium district with world class infrastructure and a supportive and proactive mining jurisdiction.

Additional information on IberAmerican is available at www.iberamericanlithium.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

To learn more visit: https://iberamericanlithium.com/

Cautionary Note Regarding Forward-Looking Information:

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of IberAmerican to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risks Factors" in the Company's Filing Statement dated as of August 31, 2023 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and IberAmerican disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Further Information

For further information, please contact:

IberAmerican Lithium Corp.
Campbell Becher
inquiries@ialithium.com
647-404-9071

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/197453