Mr. Alex Wylie reports

VOLT LITHIUM CORP. ANNOUNCES MANAGEMENT CHANGE AND BEGINS TRADING ON THE TSX VENTURE EXCHANGE UNDER THE STOCK TICKER SYMBOL "VLT"

Alex Wylie, Volt Lithium Corp.'s current president and founder of Volt, will succeed Kyle Hookey as chief executive officer of the company, effective immediately. Mr. Hookey will remain active as a director on the company's board. In addition, Volt's ticker symbol on the TSX Venture Exchange will change from CPR to VLT, effective at the market open today, April 27, 2023.

"On behalf of the team at Volt, I would like to thank Kyle for his leadership and stewardship of the company over the past year and a half, as we transitioned from a copper-focused entity to a lithium development and technology business," commented Mr. Wylie, president and CEO of Volt. "I look forward to Kyle's continued support and commitment as a board member, and will leverage his resource expertise as we continue to build Volt into a commercial lithium producer, which is expected by the second half of 2024."

Volt's common shares will commence trading on the TSX-V under the ticker symbol VLT and on the OTCQB exchange in the United States under the ticker symbol VLTLF, effective at the open of market trading today, April 27, 2023. The stock ticker symbol change was made in conjunction with the company's name change to Volt, as approved by shareholders on April 20, 2023. As part of this strategic repositioning, Volt is also pleased to unveil its new corporate website.

"Trading as VLT represents the final stage of our corporate pivot to Volt and aligns our presence in the capital markets with our core business as a lithium development and technology company aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oil field brine," said Mr. Wylie, president and CEO of Volt. "We are looking forward to the results from our current pilot project which are expected by the end of Q2 2023. The results are anticipated to demonstrate that our next-generation IES-300 technology can lower operating costs by reducing reagent inputs while maintaining high lithium extraction, enabling Volt to target attractive economics that support shareholder value creation."

Once available, the company will provide an update to the new trading symbol for the Frankfurt exchange in Germany.

About Volt Lithium Corp.

Volt is a lithium development and technology company aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oil field brine. Its strategy is to generate value for shareholders by leveraging management's hydrocarbon experience and existing infrastructure to extract lithium deposits from existing wells, thereby reducing capital costs, lowering risks and supporting the world's clean energy transition. With four differentiating pillars, and a proprietary direct lithium extraction (DLE) technology, Volt's innovative approach to development is focused on allowing the highest lithium recoveries with lowest costs, positioning the company well for future commercialization. Volt is committed to operating efficiently and with transparency across all areas of the business, staying sharply focused on creating long-term, sustainable shareholder value.

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