Mr. R. Nick Horsley reports

AMERICAN SALARS ANNOUNCES THE ADOPTION OF SEMI-ANNUAL REPORTING

American Salars Lithium Inc. has elected to rely on Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers) and move to semi-annual financial reporting.

The blanket order permits eligible venture issuers to voluntarily move from quarterly to semi-annual financial reporting. The company has determined that it meets the eligibility criteria under the blanket order, including that it is a venture issuer listing on the Canadian Securities Exchange, has annual revenue of less than $10-million and has a clean 12-month continuous disclosure record.

Under the blanket order, the company will be exempt from filing interim financial reports and related management's discussion and analysis for its first and third quarters. The company's fiscal year ends on Sept. 30. The initial period for which the company will not file an interim financial report and related MD&A in reliance of the quarterly reporting exemption will be for the three-month period ended June 30, 2026. The company will continue to file its audited annual financial report and related MD&A (due within 120 days of Sept. 30) and six-month interim financial report and related MD&A (due within 60 days of March 31.

About American Salars Lithium Inc.

American Salars Lithium is an exploration company focused on exploring and developing high-value battery metal projects to meet the demands of the advancing electric vehicle market.

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