Mr. Ian Murphy reports

LEXI PROVIDES UPDATE ON ARENA ENFORCEMENT ACTION

Further to Lithium Energi Exploration Inc.'s news release dated May 8, 2025, and May 14, 2025, the 15-day period for objection to the foreclosure by Arena Investors LP, pursuant to Section 61 of the Personal Property Securities Act (British Columbia), on all of the all of the issued and outstanding shares in Lithium Energi Argentina SA (the collateral) in full and final satisfaction for payment of the $7-million in principal, and all associated interest, outstanding pursuant to the secured credit agreement (the obligations) entered into between the company and Arena dated Feb. 1, 2023, as amended, has lapsed. As such, Arena or its assignees now have full title and interest in the collateral in satisfaction of the obligations.

The company no longer has any active business operations and has missed its reporting deadline for its audited annual statements given lack of resources.

In addition, the company wishes to also advise that Dr. Gerardo Romero Aguero has resigned as a director and vice-president, exploration, of the company.

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 exchange (FSE: L09) and the United States OTC markets (OTC: LXENF).

We seek Safe Harbor.