Mr. Allan Frame reports

BEYOND LITHIUM EXPANDS THREE LITHIUM EXPLORATION PROJECTS, ALSO ACQUIRES NEW PROPERTY

Beyond Lithium Inc. has acquired a 100-per-cent undivided interest in 279 non-contiguous mining claims totalling 9,378 hectares. This acquisition results in a significant expansion of three of its optioned properties known as Ogani Lake, Maytham and Superb Lake North, as well as the acquisition of a new property named Sydere. The properties are all located in the province of Ontario.

Allan Frame, president and chief executive officer of Beyond Lithium, commented: "The expansion of three of our properties comes on the heels of our phase 1 exploration program results. We have now moved 17 projects to phase 2 exploration and expanded three properties, in addition to the expansion of the Ear Falls project announced earlier this week. The upcoming results from our phase 2 programs, plus pending results from phase 1 exploration on several properties, will dictate which projects will we dedicate exploration dollars to later this year and in 2024."

He added: "Given the work done to date, we have identified several projects which we believe will be attractive for exploration companies wanting to establish a footprint in Ontario for lithium exploration. Consistent with our business plan which includes project generation, we are about to ramp up our efforts to find partners to advance various projects and provide non-dilutive capital for our company."

The staking for these expansions and the staking of Sydere were conducted by Bounty Gold Corp. and Last Resort Resources Ltd. on behalf of Beyond Lithium. The acquisition was completed pursuant to the terms and conditions of a mineral property purchase agreement which also included the previously announced expansions of the Cosgrave and McKenzie properties. Pursuant to the purchase agreement, Beyond Lithium will pay Bounty Gold and Last Resort an aggregate cash consideration of $44,300 and issue a total of 92,880 common shares of the company. These expansions and the acquisition of Sydere are subject to the exact same net smelter royalty and milestones payments terms and condition granted in the original properties optioned in March, 2023 (see the company's March 31, 2023, news release). Following the recent acquisition, expansion and consolidation of properties, Beyond Lithium now has 61 properties covering over 180,000 hectares.

Ogani Lake project expansion

The Ogani Lake project is located 30 kilometres northeast of the Ear Falls project which hosts Beyond Lithium's newly discovered spodumene pegmatites zone and 65 km west of Green Technology Metals' Root and McCombe lithium deposits. The Ogani Lake project is expanded from 1,427 hectares to 5,177 hectares after beryl was found in several white tourmaline-muscovite pegmatites up to 10 metres wide during Beyond Lithium's phase 1 program. The presence of beryl in pegmatites indicates the source of the pegmatites or the pegmatites' parental pluton is abundant with the right rare earth fluid composition for the potential of lithium-cesium-tantalum mineralization in pegmatites.

Maytham Lake and Superb Lake projects expansion

The Maytham Lake and the Superb Lake projects are located along the Wabigoon-English River boundary zone that has been known for rare element mineralization with over a 130 km strike length between Linklater Lake to Superb Lake near Nakina. Rare element mineralization in this region has not been investigated in detail since the 1950s apart from the Superb Lake spodumene pegmatite that is now being explored by Rock Edge Resources Ltd. and the Seymour Lake lithium deposit owned by Green Technology Metals. Beyond Lithium completed the phase 1 program at the two projects earlier this season.

Assays from the phase 1 program at the Superb project show local clusters of elevated Li near contact between a granitic intrusive body and metavolcanic host rocks following similar overall trend as the spodumene pegmatites at the Rock Edge Resources' Superb Lake project. Likewise, the results from the phase 1 program at the Maytham Lake project show local clusters of elevated Li near contact between the granitic intrusive body and metavolcanic host rocks. Based on the encouraging results from the phase 1 program on trend with the nearby Rock Edge's spodumene pegmatites, Beyond Lithium staked and expanded the Superb Lake project from 2,054 hectares (ha) to 2,321 ha and the Maytham Lake project from 7,400 ha to 9,805 ha in areas.

Qualified person and third party data

The scientific and technical information in this news release has been reviewed and approved by Lawrence Tsang, PGeo, vice-president, exploration, of the company. Mr. Tsang is a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Beyond Lithium Inc.

Beyond Lithium is the largest greenfield lithium exploration player in Ontario with 61 high-potential greenfield lithium properties totalling over 180,000 hectares. The company has adopted the project generator business model to maximize funds available for exploration projects, while minimizing shareholder dilution. Beyond Lithium is advancing certain of its projects with its exploration team and will seek to option other properties to joint venture partners. Partnering on various projects will provide a source of non-dilutive working capital, partner-financed exploration and long-term residual exposure to exploration success.

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