An anonymous director reports

METALITE RESOURCES INC. CHANGES AUDITOR AND GRANTS INCENTIVE STOCK OPTIONS

Metalite Resources Inc. has changed its auditor from Crowe MacKay LLP, chartered professional accountants (the former auditor), to DNTW Toronto LLP, chartered professional accountants (successor auditor), effective Jan. 12, 2024. The former auditor resigned on its own initiative as the auditor of the company, and the board of directors appointed the successor auditor as the company's auditor, until the next annual general meeting of the company.

There were no reservations in the former auditor's audit reports for any financial year during which the former auditor was the company's auditor. There are no reportable events (as the term is defined in National instrument 51-102 -- Continuous Disclosure Obligations (NI 51-102)) between the company and the former auditor.

In accordance with NI 51-102, the notice of change of auditor, together with the required letter from the former auditor and the successor auditor, will be filed on SEDAR+ in the coming days.

The company further wishes to announce it has granted incentive stock options to certain directors, officers, employees and consultants of the company to acquire an aggregate of 1.15 million common shares in the capital of the company at an exercise price of five cents in accordance with its equity incentive plan.

Of the total options granted, 900,000 options have been granted to certain directors and officers of the company. All options are fully vested as at the date of grant and exercisable for a five-year term expiring Jan. 24, 2029.

About Metalite Resources Inc.

Metalite Resources is a Canadian junior mineral exploration issuer with a precious-metals-focused project in New South Wales, Australia.

We seek Safe Harbor.