Mr. Steve Hanson reports

ACME LITHIUM ANNOUNCES NAME CHANGE AND CONSOLIDATION

Acme Lithium Inc. has arranged a proposed consolidation of its issued and outstanding common shares on the basis of one postconsolidation common share for every three preconsolidation common shares, and a concurrent change of name to Surface Metals Inc.

The company anticipates the record date for the consolidation and name change will be Monday, April 28, 2025, pending confirmation from the Canadian Securities Exchange (the CSE). The symbol under which the common shares trade will change to SUR.

As a result of the consolidation, the 77,972,727 common shares currently issued and outstanding will be reduced to approximately 25,990,909 common shares. No fractional common shares will be issued as a result of the consolidation. Any resulting fractional common share entitlement resulting from the consolidation that is less than one-half of one common share will be cancelled and each fractional common share that is at least one-half of one common share will be rounded up to one whole common share. The exercise price or conversion price and the number of common shares issuable under any of the company's outstanding convertible securities will be proportionately adjusted upon consolidation.

On the record date, the Cusip and ISIN of the common shares will be changed to 86877C102 and CA86877C1023, respectively.

The name change and consolidation were approved by the board of directors of the company in accordance with the company's governing corporate legislation, the Business Corporations Act (British Columbia) and the company's constating documents.

Letters of transmittal will be mailed to registered shareholders and registered shareholders will be required to deposit their share certificate(s), together with the duly completed letter of transmittal, with Odyssey Trust Corp., the company's registrar and transfer agent. Non-registered shareholders holding common shares through an intermediary (a securities broker, dealer, bank or financial institution) should be aware that the intermediary may have different procedures for processing the consolidation than those that will be put in place by the company for registered shareholders. If shareholders hold their common shares through intermediaries and have questions in this regard, they are encouraged to contact their intermediaries.

Acme Lithium announced on April 10, 2025, that it has signed a purchase agreement for a 90-per-cent interest in 31 unpatented lode mining claims comprising the Cimarron gold project in Nye county, Nevada, from Crestview Exploration Inc. The project is a high-grade, highly prospective exploration opportunity with a drill-indicated historic gold resource, and a second target area with mineralized drill intercepts that remain open in several directions.

Located at the north end of the San Antonio Mountains in the historic San Antonio (Cimarron) mining district, the project is approximately eighteen miles north of Tonopah in Nye county, Nevada. It comprises 31 unpatented lode mining claims near the historic San Antonio mine workings and immediately adjacent ground. The prospect has drill-ready targets, subject to permitting, and offers a significant opportunity to establish a National Instrument 43-101-compliant gold resource.

Regionally, the project is at the intersection of two prominent gold trends: the Walker-Lane trend which runs approximately northwest and hosts a number of mines including Bullfrog, Goldfield and Rawhide; and an approximately north-northeast trend of gold mines including Manhattan, Gold Hill and Kinross's world-class Round Mountain, which is located 28 miles away, and recorded over 15 million ounces of gold as of 2021.

Project highlights:

• The project includes an extensive historic record of drill results (190 holes), with high-grade intercepts which included 11 metres of 4.46 grams per tonne, 23 metres of 4.49 g/t and 46 metres of 3.94 g/t;
• Past drilling outlined a historic gold resource starting at surface of approximately 50,000 ounces (1987 non National Instrument 43-101 compliant);
• The project has good access near infrastructure and has a number of drill sites already built;
• Mineral intercepts remain open in several directions;
• The target is a shallow, low sulphidation oxide gold system with strong structural control.

Acme will retain its current lithium property interests for future development, and will focus in the near term on the advancement of the Cimarron gold project.

Qualified person

Scientific and technical information contained in this document has been reviewed and approved by Bill Feyerabend, CPG, who is a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (NI 43-101).

About Acme Lithium Inc.

Acme is a mineral exploration company focused on acquiring, exploring, and developing battery and precious metal projects in partnership with leading technology and commodity companies in North America. Acme is advancing and developing a lithium brine resource at Clayton and Fish Lake Valley, Nevada, and has entered into a strategic exploration agreement with leading partner at a group of projects in the pegmatite region of Shatford, Birse and Cat-Euclid Lakes in southeastern Manitoba.

We seek Safe Harbor.