VANCOUVER, BC – August 15, 2023 – LiTHOS Energy Ltd. (the “Company”) (CSE: LITS) is pleased to announce thatLiTHOS Technology LLC (“LiTHOS”), a wholly-owned subsidiary of the Company, has signed a non-binding indicative term sheet (this “Term Sheet”) with Sand Spirit LLC (“Sand Spirit”) to develop, construct, own and operate a testing and production facility to handle raw brine and upgrade it into a final yield product of lithium hydroxide monohydrate (“LiOH H2O”), inclusive of, but not limited to, the following key operations (collectively, the “System”) and ancillary equipment and services to be located at Sand Spirit’s Buildings 1, 2 and 3 located in Bessemer, Alabama (the “Site”):

EnerCom Denver® PRESENTATION

Scott Taylor, CEO of LiTHOS will present at The Energy Transition and Emerging Technology Session at EnerCom Denver® on Wednesday, August 16, 2023 at 8:50 at the Westin Denver Downtown. This session features companies focused on energy-related technology, alternative energy and traditional oil and gas technology start-up ventures. EnerCom Denver® is the largest independent energy conference. The go-to conference for the energy industry, EnerCom Denver® regularly hosts over 1,500 worldwide attendees, including institutional and retail investors, high net-worth individuals, family offices, venture capital private equity funds, sell-side analysts, and investment bankers. Energy industry professionals gather in Denver each year for the unique opportunity to meet and discuss future industry plans, growth opportunities, and economic trends impacting oil and natural gas exploration and production.

About LiTHOS

LiTHOS mission is to deliver sustainable lithium production without the use of evaporation ponds. Our wholly owned subsidiary Aqueous Resources is a US Department of Energy FAST TRACK grant Winner and a Colorado Advanced Industries grant winner. AcQUA™ is our patent-pending electro-pressure membrane process and method for recovery and concentration of lithium chloride from aqueous sources. This process spans the pre-treatment of raw brines through the DLE concentration of lithium chloride. We have a fully commissioned brine processing facility in Denver, Colorado. LiTHOS is currently focused on processing continental brines from several strategic resource owners located in the United States, Argentina, and Chile.

ON BEHALF OF THE BOARD

Scott Taylor – CEO

Contact Information

For more information please contact: