Mr. Alex Wylie reports

VOLT LITHIUM CORP. FILES PRELIMINARY SHORT FORM BASE SHELF PROSPECTUS

Volt Lithium Corp. has filed and obtained a receipt for a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada, except Quebec.

Upon a (final) short form base shelf prospectus becoming effective, these filings, subject to securities regulatory requirements, will allow the company and certain of its securityholders to qualify the distribution of up to $100-million of common shares, preferred shares, debt securities, warrants, subscription receipts and units, or any combination thereof during the 25-month period that the prospectus is effective, in amounts, at prices and on terms based on market conditions at the time of any offering, and set forth in an accompanying shelf prospectus supplement.

The filing of the prospectus is intended to provide the company with financing flexibility and to have the ability to react quickly to market opportunities for raising additional capital by offering the securities on an accelerated basis pursuant to the filing of prospectus supplements to assist with achieving the company's forecasted goal of commercial production in the second half of 2024. Each prospectus supplement will contain specific information concerning, among other matters, the securities to be issued and the use of proceeds from any such issuance. There is no certainty that any securities will be offered or sold under the prospectus and any prospectus supplement within the 25-month period that it is effective.

A copy of the preliminary short form base shelf prospectus can be found under Volt's profile on SEDAR.

About Volt Lithium Corp.

Volt is a lithium development and technology company aiming to be North America's first commercial producer of LHM and lithium carbonates from oil field brine. The company's 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. The company is committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value.

We seek Safe Harbor.