Mr. Scott Taylor reports

LITHOS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Lithos Group Ltd. has arranged a non-brokered private placement of up to 2,857,143 units at a price of 70 cents per unit for gross proceeds of up to $2-million. Each unit will consist of one common share in the capital of the company and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional share in the capital of the company for a period of three years from the closing date at an exercise price of 90 cents per warrant share.

Proceeds from the offering will be used for payment of current payables, working capital, business development and completion of client pilot projects. Insiders of the company may participate in the offering. Finders' fees may be payable in connection with the offering in accordance with the policies of the Cboe.

All securities issued in connection with the offering will be subject to a four-month hold from the closing date.

About Lithos Group Ltd.

The company's mission is to deliver sustainable lithium production without the use of evaporation ponds. AcQUA is Lithos Group's patent-pending technology that spans the complete value chain from the conditioning and pretreatment of raw brines through the DLE phase into the polishing and purification of battery-grade lithium feedstock. Lithos Group has two fully operational processing facilities: a 4,000-square-foot lab in Denver, Colo., and a 55,000-square-foot complex in Bessemer, Ala. Lithos Group is working under contract with multiple strategic mineral resource owners and processing brines from the largest salars in Chile and Argentina and the Smackover reservoir in the southeastern United States. Its wholly owned subsidiary, Aqueous Resources LLC, is a U.S. Department of Energy grant awardee and a Colorado Advanced Industries grant awardee.