Mr. Steven Cochrane reports

LITHIUM CHILE AWARDED CEOL, SECURING EXCLUSIVE RIGHTS FOR LITHIUM DEVELOPMENT ON THE COIPASA SALAR, CHILE

Through Lithium Chile Inc.'s 100-per-cent-owned Chilean subsidiary, Kairos Inversiones SPA, together with its 50-per-cent joint venture partner, Grupo Errazuriz, it has been officially awarded a special lithium operation contract (Contrato Especial de Operacion de Litio, or CEOL) by the government of Chile -- marking the first time in Chile's history that exclusive rights to explore, develop and produce lithium have been granted under Chile's newly constituted national lithium strategy. The CEOL has been awarded on the company's Coipasa salar located in northern Chile.

Issued under resolution Exenta No. 862, the CEOL marks a historic achievement for the company and its partner, who are one of only three private-sector groups -- alongside Eramet and the Eramet-Codelco-Quiborax consortium -- to have been awarded CEOLs. The national lithium strategy introduced by President Gabriel Boric was designed to expand Chile's role in the global lithium supply chain through state-supported public-private partnerships that prioritize environmental stewardship, technical excellence and meaningful engagement with indigenous communities. Lithium Chile is honoured to be among the first participants in this transformative initiative to take this critical step toward unlocking the significant lithium potential of the Salar de Coipasa with a commitment to sustainable exploration and development.

Steven Cochrane, president and chief executive officer of Lithium Chile, commented: "This CEOL award is a foundational step for Lithium Chile and our partner, Grupo Errazuriz. We are pleased that the Chilean government has confidence in our ability to develop the Coipasa project responsibly and effectively. We are proud to be one of the few companies -- among world-class mining peers -- selected to participate in this project which marks a new era of lithium development in Chile. Coipasa, being one of only three projects awarded out of more than 80 expressions of interest submitted just 10 months ago, makes this achievement even more meaningful."

The CEOL provides the joint venture with the legal and operational framework to advance the development of the Coipasa salar, one of Chile's most prospective salt flats. Project activities will be carried out in close coordination with local stakeholders and in accordance with the agreements established during the community and indigenous consultations, which will commence immediately.

It is important to note that the government of Chile required applicants to demonstrate, among other criteria, ownership or control of the mining concessions and technical expertise in lithium exploration and development. Lithium Chile and its partner Grupo Errazuriz satisfied these criteria. More details regarding the CEOL, project development plans and next steps will be announced as they become available.

About Lithium Chile Inc.

Lithium Chile is an exploration company with a portfolio of 11 properties spanning 107,936 hectares in Chile and 29,245 hectares on the Salar de Arizaro in Argentina. The company has successfully advanced its Arizaro project with the completion of a National Instrument 43-101-compliant resource report, a preliminary economic assessment and then a prefeasibility study, all of which are accessible on SEDAR+ under Lithium Chile's profile.

Lithium Chile's common shares are listed on the TSX-V under the symbol LITH and on the OTCQB under the symbol LTMCF.

We seek Safe Harbor.