Mr. Ali Rahman reports

LEXI SETTLES PORTION OF INTEREST PAYMENT IN SHARES

Lithium Energi Exploration Inc. closed its previously announced settlement of a portion of the interest payment due to Arena Investors LP in common shares of Lithium Energi on June 20, 2023. Upon receipt of TSX Venture Exchange approval, Lithium Energi settled $70,192 of the interest payable to Arena as at June 20, 2023, through the issuance of 340,738 common shares at a deemed price equal to 20.6 cents per common share, being the five-day volume-weighted price preceding the payment date.

About Lithium Energi Exploration Inc.

Lithium Energi is an exploration company focused on the acquisition, exploration and development of lithium brine assets in Argentina. Headquartered in Toronto, Ont., with offices in Catamarca, Argentina, the company has shares listed on the TSX Venture Exchange (LEXI), the Frankfurt Stock Exchange (L09) and the U.S. OTC markets (LXENF). Lithium Energi's portfolio of prospective lithium brine concessions in the Argentine province of Catamarca (heart of the Lithium Triangle) includes approximately 57,000 hectares and a 20-per-cent interest in Triangle Lithium Argentina SA, which owns an additional 15,000 hectares -- all located in and around the Antofalla salar, one of the largest basins in the region, which is over 130 kilometres long and up to 20 kilometres across, and the Hombre Muerto salar, Argentina's long-producing lithium basin. Lithium Energi is committed to innovation, sustainability and quality, striving to differentiate itself from other players in the industry to maximize its potential for success.