Mr. Alex Wylie reports

VOLT ANNOUNCES SUCCESSFUL 24-HOUR RUN OF GENERATION 5 FIELD UNIT, REACHING INITIAL 11,573 BARRELS PER DAY THROUGHPUT

Volt Lithium Corp. has completed a successful 24-hour continuous run of its Generation 5 field unit in the Permian basin in Texas. Constructed in just four weeks through close collaboration with Volt's partner, this large-scale direct lithium extraction (DLE) system was too large for testing at the company's Calgary demonstration facility, highlighting the advancement in Volt's design and engineering capabilities. Integration with the partner's operational specifications enabled seamless installation and provides a template for future scale-up to meet expanding production demands. On Feb. 12, 2025, the Generation 5 field unit processed 11,573 barrels during the continuous run -- exceeding the initial 10,000-barrel-per-day milestone -- and further demonstrated Volt's ability to rapidly commercialize its proprietary DLE technology.

"During this 24-hour run, our Generation 5 field unit processed 11,573 barrels, surpassing the 10,000-barrel-per-day milestone," said Alex Wylie, president and chief executive officer of Volt. "We have begun stockpiling lithium, confirming the commercial viability of our direct lithium extraction technology, and this success positions us on track for our 2025 goals as the system is built to process even higher volumes."

Permian basin field operations -- Generation 5 launch:

• Largest DLE system to date: Generation 5 marks the largest system Volt has constructed, moving directly from modular assembly to full-scale field operations.
• Fast-track deployment: Project execution began in mid-January, and the full system was operational within four weeks -- underscoring Volt's ability to rapidly scale production.
• Path to peak capacity: Having exceeded the 10,000-barrel-per-day threshold, Volt will continue system testing and optimization throughout February to determine the field unit's peak throughput potential.

Tariff exemption update

Recent discussions about potential new tariffs on Canadian imports do not affect Volt. By sourcing equipment and materials from U.S.-based suppliers, operating in Texas, and targeting domestic customers, Volt remains exempt from these proposed measures. This strategic approach positions Volt as a low-cost, domestic operator in the oil field brine lithium sector, bolstering its commitment to delivering a dependable U.S.-based supply source.

About Volt Lithium Corp.

Volt is a lithium development and technology company aiming to be one of North America's first commercial producers of lithium from oil field brine. Volt'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 technology and process, 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.

We seek Safe Harbor.