HeliosX’s Shares Upgraded to OTCQB

Lithium & Technologies Corp.

HeliosX’s Shares Upgraded to OTCQB

VANCOUVER, BC, May 17, 2022 - HeliosX Lithium & Technologies Corp. ("HeliosX" or the “Company”) (TSXV: HX) (OTCQB: HXLTF) (FSE: C2U0) is pleased to report that the Company has been upgraded to the OTCQB Market effective May 17, 2022 and trades under the symbol HXLTF. The Company continues to trade on the TSX Venture Exchange under the symbol "HX".

The OTCQB, operated by OTC Markets Group Inc., is designed for developing and entrepreneurial companies in the United States and abroad. Companies must be current in their financial reporting, and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors improved visibility to enhance trading decisions. The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market providing public information for analysis and value of securities.

"HeliosX, now trading on the OTCQB, is important to our shareholders and interested investors as it provides greater visibility within the investment community, resulting in enhancing our liquidity and increasing our access to institutional and retail investors", said Christopher Brown, CEO of HeliosX.

About HeliosX

HeliosX is an integrated lithium exploration company, incorporating the latest in direct lithium extraction ("DLE") technologies, to unlock potential commercial opportunities in Alberta (Canada), Nevada (USA) and Jujuy (Argentina). The Company holds over 560,000 lithium brine acres across three prospective lithium jurisdictions, providing potential exposure to multiple lithium brine play types. The company has selected specific DLE technologies which it believes will maximize potential lithium opportunities in each operational jurisdiction and continues to move forward with technical modeling and information gathering to better delineate the prospective lithium resources.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

For further information:

Brian Findlay- President

Christopher Brown, P. Eng - CEO

Telephone: (403) 975-1996 Email: [email protected]