Mr. Eric Allard reports

TANTALEX LITHIUM ANNOUNCES RESUMPTION OF TIN EXPORTS

Tantalex Lithium Resources Corp. has resumed exports from the production of its tin concentrates at the TiTan plant in the DRC (Democratic Republic of the Congo).

The company has now completed its second export of 25 metric tons of tin concentrate, with the second lot departing from Lubumbashi, DRC, on Dec. 31. The company is in the process of planning its third export and also have seven mt (million tonnes) of tantalum concentrate in storage in Lubumbashi. It is anticipated that regular exports will be taking place on a monthly basis in 2025 with the company planning to commence export of its tantalum concentrates during Q1 2025.

Eric Allard, chief executive officer, commented: "Two thousand twenty-four has certainly been a challenging year for the company as we have struggled to get the TiTan plant into production coupled with a major downturn in the lithium market. With the successful replacement of critical parts on our TiTan plant during 2024, 2025 promises to be much better for the company with steady production and revenue."

The tin and tantalum markets have been very stable, in the face of macro instability, over the last year and are projected to remain so over the medium to long term. Tin remains in the range of $28,000 (U.S.) and $34,000 (U.S.) since March, 2024, on the LME market and has seen ample support on price when the market has tested the $28,000 (U.S.) mark. With the current constraints on supply the company expects to benefit from positive price movements on both tin and tantalum in 2025 with the current and planned production.

With this favourable pricing environment in the tin market, the company is planning further resource definition work to evaluate the possibility of adding production capacity over the medium term.

Additionally, the company continues to evaluate the developments in the lithium market to proceed with its feasibility study on the Manono lithium tailings project and the very promising hard rock lithium discovery potential of the pegmatite corridor project.

About Tantalex Lithium Resources Corp.

Tantalex is an exploration- and development-stage mining company engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-technology mineral properties in Africa.

It is currently focused on developing its lithium assets in the prolific Manono area in the Democratic Republic of the Congo, the Manono lithium tailings project and the pegmatite corridor exploration program.

We seek Safe Harbor.