Mr. Richard Creitzman reports

TANTALEX LITHIUM ANNOUNCES PARTIAL REVOCATION OF CEASE TRADE ORDER AND PROPOSED PRIVATE PLACEMENT

The Ontario Securities Commission (OSC) has issued a partial revocation order on Sept. 19, 2025, partially revoking the failure-to-file cease trade order issued against Tantalex Lithium Resources Corp. on July 7, 2025, for failing to file certain outstanding continuous disclosure documents. The partial revocation order permits the company to complete a private placement transaction for the purpose of filing continuous disclosure documents, paying accounting, auditing, transfer agent, corporate service providers and filing, fees, filing the application for a full revocation of the CTO, as well as to provide sufficient working capital to finance certain expenses until a full revocation of the CTO is obtained.

The partial revocation order of the CTO was pursued in order to be able to complete the private placement of up to 232,860,667 common shares at a price of 1.5 cents per common share to raise a total of up to $3,492,910 ($2,531,224 (U.S.)). The private placement will be conducted on a prospectus-exempt basis with subscribers who satisfy the requirements of Section 73.3 of the Securities Act (Ontario) or Section 2.3 (Accredited Investor) under National Instrument 45-106, Prospectus Exemptions, as applicable.

Prior to completion of the private placement, each participant will receive a copy of the CTO and the partial revocation order and will be required to provide an acknowledgment to the company that all of the company's securities, including the common shares issued in connection with the private placement, will remain subject to the CTO until such order is fully revoked and that the granting of the partial revocation order does not guarantee the issuance of a full revocation order in the future. In addition, all common shares issued pursuant to the private placement will be subject to a hold period of four months and one day from the closing date of the private placement.

The partial revocation order will terminate on the earlier of: (i) the completion of the private placement; and (ii) Nov. 18, 2025, being 60 days from the date on which the partial revocation order was issued. There can be no assurances that the private placement will be completed on the terms set out herein, or at all, or that the proceeds of the private placement will be sufficient for the purposes of the company. The company will also file a material change report on SEDAR+ upon completion of the private placement.

Certain insiders of the company may acquire common shares pursuant to the private placement. Any participation by insiders in the private placement would constitute a related party transaction, as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. However, the company expects such participation would be exempt from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the common shares subscribed for by the insiders nor the consideration for the common shares paid by such insiders would exceed 25 per cent of the company's market capitalization.

About Tantalex Lithium Resources Corp.

Tantalex Lithium 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 operating its TiTan tin and tantalum concentrate plant and 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.