Mr. Allan Frame reports

BEYOND LITHIUM CLOSES FLOW-THROUGH OFFERING FOR GROSS PROCEEDS OF $500,000

Beyond Lithium Inc. has completed a non-brokered private placement of 2.5 million common shares in the capital of the company that will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada)) at a price of 20 cents per share for aggregate gross proceeds of $500,000.

The gross proceeds from the Offering will be used by the Company to incur eligible "Canadian exploration expenses" that will qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") related to the Company's projects in Ontario. All Qualifying Expenditures will be renounced in favour of the subscribers of the Flow-Through Shares effective December 31, 2024.

Allan Frame, President and CEO of Beyond Lithium, commented, "The financing completed today will allow us to ramp up our 2024 exploration activities, generate results to be shared with investor, all while managing dilution for the benefit of all shareholders. The main strategic goals for 2024 remain to (i) uncover additional spodumene mineralization at the Victory Spodumene Project and the Ear Falls Spodumene Project along their well-defined exploration corridors, (ii) to discover new spodumene-bearing pegmatites at Cosgrave Lake and Wisa Lake, (iii) drill test the spodumene mineralized corridors at Victory and Ear Falls to demonstrate the size and the potential of the system along strike and at depth, and (iv) advance the other projects through low cost prospecting and continue to pursue joint venture or option deals for them."

In the 2023 season, Beyond Lithium started off with a total of 63 projects and each field team generally spent a week to two weeks per project collecting representative samples to establish a geological and geochemical baseline for each project. As Beyond Lithium recently announced, the Company reviewed the 2023 field data over the last few months and has finalized the Lithium Exploration Portfolio in Ontario for the 2024 exploration program including four primary projects (Table 1) and an additional 23 prospective projects (Table 2).

Lawrence Tsang, VP Exploration of Beyond Lithium, stated: "Our geologist team led by Senior Project Geologist, Paul Baxter, is focusing Beyond Lithium's initial exploration efforts at the Victory Project and then will move on to the Ear Falls and Cosgrave Projects in mid June. The first part of the 2024 exploration program is to prioritize stripping targets and to delineate potential drilling targets on those properties through detailed mapping and sampling along the mineralized structural corridor and follow up on the elevated lithium and cesium targets delineated from the 2023 exploration results."

He added: "In December 2023, Beyond Lithium submitted the exploration permit application for the Victory and Ear Falls Spodumene Projects to apply for multi-locations for mechanical stripping and diamond drilling activities. After consultation with the Ministry of Mines and Aboriginal communities, the Ontario Ministry of Mines has issued Beyond with the Exploration Permit for the Victory Project. This issuance of the Victory's Exploration Permit will allow us to start planning for stripping targets after the detailed mapping and sampling program. The Ear Falls's Exploration Permit application is still under review. We will continue to engage and to consult with the Ministry and Aboriginal communities through the process."

In connection with the Offering, the Company paid certain eligible third parties dealing at arm's length with the Company (the "Finders"): (i) cash commissions totalling $35,000, representing 7.0% of the proceeds raised from subscribers introduced to the Company by such Finders; and (ii) an aggregate of 175,000 non-transferable broker warrants (the "Broker Warrants"), representing 7.0% of the number of Flow-Through Shares sold to such subscribers, each exercisable to acquire one common share of the Company for two years from the date of issuance at exercise price of $0.20 per share.

All securities issued under the Offering are subject to a hold period of four months and one day from their date of issuance.

The offered securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

Qualified Person and Third-Party Data

The scientific and technical information in this news release has been reviewed and approved by Lawrence Tsang, P.Geo., VP Exploration of the Company. Lawrence Tsang is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Beyond Lithium Inc.

Beyond Lithium Inc. has a large greenfield lithium exploration portfolio in Ontario with 27 high potential greenfield lithium properties totalling over 119,000 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-funded exploration, and long-term residual exposure to exploration success.

We seek Safe Harbor.