Mr. Scott Eldridge reports

UNITED LITHIUM TO PROCEED WITH 3 FOR 1 SHARE CONSOLIDATION

United Lithium Corp. will consolidate its issued and outstanding common shares at a ratio of three preconsolidation shares to one postconsolidation share.

Prior to the Consolidation, the Company has 123,223,127 Shares issued and outstanding and will have approximately 41,074,376 Shares issued and outstanding upon completion. The Shares are expected to commence trading on the Canadian Securities Exchange on a consolidated basis at the start of trading on December 28, 2023 under the existing ticker symbol "ULTH".

No fractional Shares will be issued under the Consolidation. The holdings of any shareholder who would otherwise be entitled to receive a fractional Share as a result of the Consolidation shall be rounded to the nearest whole number and no cash consideration will be paid in respect of fractional Shares. The Consolidation will not affect any shareholder's percentage ownership in the Company other than by the minimal effect of the aforementioned elimination of fractional Shares, even though such ownership will be represented by a smaller number of Shares. Instead, the Consolidation will reduce proportionately the number of Shares held by all shareholders.

A letter of transmittal will be mailed to registered shareholders providing instructions with respect to surrendering share certificates representing pre-Consolidation Shares in exchange for post-Consolidation Shares issued as a result of the Consolidation. Until surrendered, each certificate representing pre-Consolidation Shares will be deemed to represent the number of post-Consolidation Shares the holder received as a result of the Consolidation. Shareholders who hold their Shares in brokerage accounts or in book-entry form are not required to take any action as they will have their holdings electronically adjusted by the Company's transfer agent or by their brokerage firms, banks, trust or other nominees. In accordance with the Company's Articles, the Consolidation will not require shareholder approval and has been approved by the Company's Board of Directors.

A copy of the letter of transmittal will also be available on the Company's profile on SEDAR+.

The Company's new CUSIP number for the post-Consolidation Shares will be 910797406 and its new ISIN number is CA9107974060.

All of the Company's outstanding share purchase options and share purchase warrants will also be adjusted by the Consolidation ratio and the respective exercise prices of those outstanding options and share purchase warrants will be adjusted accordingly.

On Behalf of The Board of Directors "Scott Eldridge" President, Chief Executive Officer and Director Telephone: +1-604-428-6128 Email: scott@unitedlithium.com

About United Lithium Corp.

United Lithium Corp. (CSE: ULTH) is an exploration & development company energized by the global demand for lithium. The Company is targeting lithium projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development, and production opportunities.

The Company's consolidated financial statements and related management's discussion and analysis are available on the Company's website at https://unitedlithium.com or under its profile on SEDAR Plus at www.sedarplus.ca.

We seek Safe Harbor.