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ILI.V ·

Imagine Lithium Appoints Simone Sze Man Suen as President

Management Changes

Imagine Lithium Appoints Simone Sze Man

Suen as President

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) -

IMAGINE LITHIUM INC. (TSXV: ILI)

(OTCQB: ARXRF)

(the "Company" or "Imagine") is pleased to announce Ms. Simone Sze Man Suen

has assumed the role of President and director of the Company, having joined the Imagine Lithium

Board of Directors in 2024. She will lead the company in its next phase of continued exploration and

development. Mr. J.C. St-Amour is stepping down as President and director to pursue other

opportunities. The Company wishes to thank Mr. St-Amour for his years of service at Imagine Lithium.

Ms. Simone Sze Man Suen is a highly experienced mining executive and company director with over 20

years of international experience, primarily in the resources sector. Throughout her career, she has

demonstrated extensive expertise in the financing, development, and operation of mining projects

across Australia.

Ms. Suen was instrumental in founding the Bald Hill Tantalum/Lithium Project in Western Australia and

leading its successful listing on the Singapore Exchange in 2014 as Alliance Mineral Assets Limited. As

Executive Director from 2010 to 2018, she oversaw the full project lifecycle-from exploration and

development through to commissioning and operations.

In 2019, Ms. Suen joined Cassini Resources Ltd as a Non-Executive Director and major shareholder,

contributing to its strategic growth and eventual acquisition by OZ Minerals in 2020 via a Scheme of

Arrangement. Following this transaction, she served as a Non-Executive Director of Caspin Resources

Ltd from 2020 to 2023. Caspin, formed as part of the Cassini demerger, owns the Yarawindah Brook

and Mount Squires exploration projects in Western Australia.

Ms. Suen continues to be recognized for her strategic insight, governance experience, and proven ability

to create value across complex resource ventures. She holds a Bachelor of Business.

J.C. St-Amour, Outgoing President of Imagine Lithium, commented:

"Having worked with Simone

for the past year, I am confident that I am leaving the company in strong hands as we continue to

aggressively explore and develop the Jackpot Lithium Project. Simone has successfully built a

lithium company in Australia and looks to bring her wealth of knowledge and expertise to this new

leadership role at Imagine."

Figure 1:

Jackpot property located next to Trans-Canada Highway, power, port, railroad, and workforce.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/2962/260803_5806aa67b42a8b1e_001full.jpg

About Imagine Lithium Inc.

Imagine is a junior mining exploration company focused on seeking and acquiring world-class mineral

projects. The company holds the Jackpot lithium property located in the Georgia Lake area about 140

km NNE of Thunder Bay, Ontario, is approximately 12 km by road from the Trans-Canada Highway (Hwy

11), and is in proximity to sources of power, railroads, and ports.

The Jackpot Property consists of 297

mineral claims covering 18,800 hectares. The Property contains NI 43-101 compliant Mineral Resources

of 3.1 Mt grading 0.85% Li

2

O in the Indicated category and 5.3 Mt grading 0.91% Li

2

O in the Inferred

category, as well as a number of other known pegmatite showings.

ON BEHALF OF THE BOARD

"J.C. St-Amour"

J.C. St-Amour, President

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: +1-604-683-3995

Toll Free: 1-888-945-4770

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which

relate to future events or future performance and reflect management's current expectations and

assumptions. Such forward-looking statements reflect management's current beliefs and are based

on assumptions made by and information currently available to the Company. Investors are

cautioned that these forward-looking statements are neither promises nor guarantees and are subject

to risks and uncertainties that may cause future results to differ materially from those expected. These

forward -looking statements are made as of the date hereof and, except as required under applicable

securities legislation, the Company does not assume any obligation to update or revise them to

reflect new events or circumstances. All the forward-looking statements made in this press release are

qualified by these cautionary statements and by those made in our filings with SEDAR in Canada

(available at

www.sedarplus.ca

).

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/260803