Mr. Allan Laboucan reports

ADVANCE LITHIUM UPDATE

Advance Lithium Corp. has been halted by the B.C. Securities Commission for failing to file its annual audited financial report.

Brad Newell and Bill Atkinson have resigned from the board of directors to focus on their other business endeavours. Mr. Newell continues to hold a position in the stock that makes him an insider. The company would like to thank both for their guidance while directors.

Effective Oct. 6, 2023, the TSX Venture Exchange suspended trading in the company's securities as a result of a cease trade order issued by the B.C. Securities Commission. Reinstatement to trading can occur only when the CTO is revoked and the exchange has concluded its reinstatement review to ensure the company has satisfactorily complied with exchange requirements.

About Advance Lithium Corp.

Advance Lithium is a junior exploration company focused on acquiring and exploring mineral properties containing precious metals, battery metals and fertilizer minerals. The company acquired a 100-per-cent interest in the Tabasquena silver mine in Zacatecas, Mexico, in 2017, and the Venaditas project, also in Zacatecas state, in April, 2018.

In March, 2021, Advance Gold entered an agreement to acquire 13 salars in central Mexico containing potassium, boron and lithium, enabling it to move into agricultural minerals and the exciting lithium space.

In June, 2022, Advance Lithium sold its 3-per-cent royalty interest in strategic claims in the Liranda corridor in Kenya, East Africa, where Shanta Gold Ltd. is upgrading its resource. The company received from the sale of the Kenya royalty to Orogen Royalties $120,000 (U.S.) and the Sarape epithermal gold project in Mexico.

In March, 2023, Advance Lithium entered into an agreement with Wolfden Resources to acquire a 100-per-cent interest in the BMC project.

We seek Safe Harbor.