Mr. Ali Rahman reports

LEXI ANNOUNCES APPOINTMENT OF JASON NALEWANYJ AS CHIEF FINANCIAL OFFICER AND HIGHLIGHTS SIGNIFICANT COMPANY PROGRESS

Lithium Energi Exploration Inc. has appointed Jason Nalewanyj as its new chief financial officer.

Mr. Nalewanyj brings over 18 years of financial expertise, having held pivotal roles in capital market strategies, fundraising, merger and acquisition advisory, and go-public mandates. He has previously held senior finance positions at Aurora Cannabis Inc., where he played a significant role in Aurora's $3.2-billion merger with MedReleaf Corp. His extensive experience also includes strategic roles at Methanex Corp., FTI Consulting Inc. and MNP LLP. Mr. Nalewanyj began his career in the audit and assurance practice at PricewaterhouseCoopers LLP, Canada. He is a Canadian chartered professional accountant (CPA, CA) and holds a bachelor of commerce degree from the University of Victoria.

"We are excited to welcome Jason to the LEXI family. His energy and proven track record in financial leadership will be instrumental as we continue our journey towards becoming a global leader in lithium production," said Ali Rahman, chief executive officer of Lithium Energi.

Lithium Energi would like to extend its deepest gratitude to Chris Hobbs, its current CFO, for his unwavering dedication, hard work and commitment to the company. His leadership and financial acumen have been instrumental in guiding Lithium Energi through its formative years and setting it on a path of growth and success. The company wishes him all the best in his future endeavours and is confident that he will continue to make a significant impact wherever he goes.

"It has been an honour to serve as the CFO of LEXI and to be a part of its remarkable journey. I fully support the appointment of Jason Nalewanyj as the new CFO. His expertise and vision align perfectly with LEXI's growth trajectory. I am committed to ensuring a seamless transition and am confident that under Jason's financial leadership, LEXI will achieve new heights and continue its rapid growth in the lithium industry," said Mr. Hobbs.

Having successfully drilled and completed the first two wells, the company is now gearing up to commence drilling on the third well within the Antofalla North project. Lithium Energi's drilling will begin mobilizing toward the new site in LEA 5 this weekend and begin work on the drilling platform.

In addition to the appointment of Mr. Nalewanyj and completion of its second well in Antofalla North, Lithium Energi is proud to highlight the completion of the initial profiles in its geophysical exploration campaign in its Antofalla South project.

Under the auspices of qualified person Murray Brooker, Geo Resource Ltda. (GR), with a team of eight professionals, including geologists and geophysicists, is conducting the phase 1 campaign utilizing magnetotelluric (MT) and transient electromagnetic (TEM) geophysical measurements in Lithium Energi's nearly 4,000-hectare LEA 26 property.

Nine separate profiles, totalling over 7.5 kilometres, were surveyed during the initial 10 days of fieldwork. Preliminary results show important and significant conductive anomalies within the explored areas of LEA 26. Now, the company and GR will spend several weeks compiling and analyzing the data into geological and hydrogeological representations.

Phase 2 of the geophysics is scheduled to kick off at the end of September and will consist of additional MT and TEM surveys in over 20 separate profiles, totalling over 16 kilometres of the southern section of LEA 26. The objective will be to identify and characterize the best sectors for a drilling campaign to understand the hydrogeological dynamics of the LEA 26 property.

"LEXI's momentum is palpable. With the successful drilling and completion of our first two wells in Antofalla North and the samples currently under analysis, we are on the cusp of a new era for our company," added Mr. Rahman. "Our team, strengthened by the addition of Jason, is more equipped than ever to lead the charge in responsible lithium extraction, ensuring a brighter, more sustainable future for all and creating significant value for our shareholders."

Option grant

Lithium Energi's board of directors has granted certain directors and officers of the company options to purchase up to 400,000 common shares with a term of three years and an exercise price equal to 14 cents per share.

About Lithium Energi Exploration Inc.

Lithium Energi Exploration 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's shares are listed on the TSX Venture Exchange, the Frankfurt Stock Exchange and the U.S. over-the-counter market. Lithium Energi's portfolio of prospective lithium brine concessions in the Argentina 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 km long and up to 20 km across. 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.

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