Mr. Alex Wylie reports

LIBERTYSTREAM SIGNS TERM SHEET FOR UP TO US$95 MILLION IN PROJECT FINANCING

Libertystream Infrastructure Partners Inc. has executed a non-binding term sheet with Endurance Finance Partners Ltd., as arranger, setting out the principal terms of a proposed financing framework of up to $95-million (U.S.).

The proposed framework includes a delayed-draw senior secured construction credit facility to fund the construction of Freedom 1 and Freedom 2, together with a future-site financing framework under which Endurance would have the opportunity to provide additional financing for future Libertystream sites for a full framework of up to $95-million (U.S.). Any future-site financing would be evaluated and approved on a site-by-site basis.

The proposed credit facility would be drawn against independently certified construction milestones, bear interest at 12.25 per cent per annum and mature five years following execution of the definitive agreements establishing the facility. The term sheet also includes fees, minimum-return protections, and the issuance of such number of common share purchase warrants of Libertystream equal to up to 10 per cent in respect of the initial $45-million (U.S.) credit facility for Freedom 1 and Freedom 2 upon initial financing. The warrants will be exercisable for a term of seven years following issuance. The final terms of the warrants, including the number of warrants to be issued to Endurance, will be determined in the definitive agreements establishing the facilities.

Financing under the facilities remains subject to satisfactory confirmatory due diligence, internal investment and credit approvals, negotiation, and execution of definitive agreements, the company completing an investment commitment in such amount as may be agreed to between the company and Endurance, execution of applicable project agreements receipt of all required corporate and regulatory approvals, and other customary financing and closing conditions.

The company and Endurance expect to use commercially reasonable efforts to enter into definitive agreements in respect of the proposed facilities within 45 days or such other date as may be agreed upon between the parties. There can be no assurance that any definitive agreements will be entered into or that the proposed facilities will be completed on the terms described or at all.

About Endurance Capital

Endurance Capital is a direct lending firm that provides tailored credit solutions to growth companies and projects with proven technologies, visible commercial demand and substantial capital needs in the energy, infrastructure, industrial and sustainability sectors.

About Libertystream Infrastructure Partners Inc.

Libertystream is a lithium development and technology company aiming to be one of North America's first commercial producers of lithium carbonate from oilfield brine. The company's strategy is to generate value for shareholders by leveraging management's hydrocarbon experience to deploy its proprietary DLE (direct lithium extraction) technology directly into existing oil and gas infrastructure, thereby reducing capital costs, lowering risks and supporting the world's clean energy transition. The company is committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value.

We seek Safe Harbor.