Mr. Carlos Vicens reports

FULL CIRCLE LITHIUM ACQUIRES THE GEORGIA LITHIUM PROCESSING FACILITY AND EXPANDS LAND POSITION

Full Circle Lithium Corp. has provided an update regarding the acquisition of its scalable, fully permitted and operational lithium processing plant in Georgia, United States.

"The company now owns close 60 acres of land and is well positioned to grow its business in all of its operating units," said Carlos Vicens, chief executive officer, director and founder of Full Circle. "Significant interest has been received from third parties on growth initiatives over the past few months and we wanted to crystalize the ownership and growth potential in and around our Georgia facility."

Full Circle has now closed on the previously announced proposed acquisition of the Georgia facility, including the land and all facilities, at a price of $500,000 (U.S.). The company paid $250,000 (U.S.) to the vendor with the remaining $250,000 (U.S.) paid in one instalment next year, subject to certain conditions being met.

In addition, Full Circle has also closed on an additional 39 acres of land owned by the Brantley County Development Authority which is adjacent to the Georgia facility. This land is very important for future operations as it will provide direct rail and highway access, as well as significant room for future expansion for the various lines of business -- mid-stream recycling, battery recycling, lithium refinery and, more importantly, the fire suppressant business (FSS).

Following its year-end of Oct. 31, and in accordance with its shareholder approved stock option plan, Full Circle's board granted annual incentive stock options to directors and officers to acquire an aggregate of 1.2 million common shares at 55 cents per share (representing a premium to Nov. 21 closing price of 50 cents, the date of the options grant by Full Circle's board), for a period of five years, subject to standard vesting provisions.

About Full Circle Lithium Corp.

Situated in the epicentre of the largest electric vehicle buildout in North America, Full Circle's fully permitted lithium carbonate processing plant in the state of Georgia, U.S., combined with a complement of seasoned lithium experts, makes it a different processor and manufacturer of lithium compounds. Full Circle is focused on lithium and battery materials reintegration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. In addition to its lithium carbonate plant, Full Circle is focused on three complementary feedstock processing divisions: battery recycling from off-spec and end-of-life lithium-ion batteries; lithium mid-stream recycling from industrial and chemical feedstock; and lithium refinery from upstream feedstock. Following on the company's mantra of "the home of lithium science," Full Circle has now also developed an innovative and patented fire suppressant solution (FSS) to address the increasing number of difficult to extinguish and hazardous lithium-based fires.

We seek Safe Harbor.