Mr. Kelvin Lee reports

MEGAWATT ENGAGEMENT OF GLOBAL ONE MEDIA LIMITED FOR MARKETING SERVICES

Megawatt Lithium and Battery Metals Corp. has entered into a marketing agency agreement with an arm's-length firm, Global One Media Ltd., to provide, among other things, social media management, marketing and distribution services to the company. The marketing agreement will have an initial term of four months starting on April 8, 2024, and the company will pay Global One a monthly retainer fee of $3,700 (U.S.), excluding any spending on advertisements. Global One Media does not have any interest, directly or indirectly, in the company or its securities, or any right or intent to acquire such an interest.

About Megawatt Lithium and Battery Metals Corp.

Megawatt is a British Columbia-based company involved in the acquisition and exploration of mineral properties in Canada. The company holds a 100-per-cent undivided interest, subject to a 1.5-per-cent net smelter return (NSR) royalty on all base, rare earth elements and precious metals, in the Cobalt Hill property, consisting of eight mineral claims covering an area of approximately 1,727.43 hectares, located in the Trail Creek mining division in the province of British Columbia, Canada.

Additionally, the company has acquired a 100-per-cent interest in a company that indirectly holds a 100-per-cent interest (subject to a 2-per-cent NSR royalty) in two prospective silver-zinc projects in Australia, being the Tyr silver project and the Century South silver-zinc project (see news release dated Oct. 15, 2020), and an indirect 100-per-cent interest (subject to a 1-per-cent NSR royalty) in and to certain mining tenements in Northern Territory and New South Wales, Australia, prospective for nickel-cobalt-scandium and rare earth elements.

The company holds a 100-per-cent interest (subject to a 2-per-cent NSR royalty) in and to the Route 381 lithium property, comprising 40 mineral claims located in James Bay Territory, north of Matagami in the province of Quebec, covering 2,126 hectares (see news release dated Feb. 3, 2021), and a 100-per-cent interest in 229 additional mineral exploration claims prospective for lithium, also in the James Bay area of Quebec, covering an area of 12,116 hectares or 121 square kilometres.

We seek Safe Harbor.