Arctic Fox Announces Consolidation, Debt Settlement and Private Placement
Suite #905-1030 West Georgia St., Vancouver, BC Canada V6E 2Y3
Phone (604) 689-2646 Fax (604) 689-1289
November 13, 2025 Trading Symbol: CSE - AFX
FSE - O5K
/Not for distribution to U.S. news wire services or for dissemination in the United States/
ARCTIC FOX ANNOUNCES CONSOLIDATION, DEBT SETTLEMENT AND PRIVATE
PLACEMENT
VANCOUVER, BRITISH COLUMBIA (November 13, 2025) – Arctic Fox Lithium Corp. (CSE: AFX
/ FSE: O5K) (the “Company”) Arctic Fox Lithium Corp. (“ Arctic Fox” or, the “ Company”) is
pleased to announce that it will consolidate its issued and outstanding common shares (the “ Shares”)
on the basis of one (1) new common share for every ten (10) existing common shares (the
“Consolidation”).
The Company believes the Consolidation will help position the Company to appeal to a broader base of
investors and enhance its capital markets profile. The Consolidation was approved by the Board of
Directors on November 10, 2025. The record date for the Consolidation has been set as November 18,
2025, with trading of the p ost-consolidation shares expected to begin on or about November 18 2025,
subject to final acceptance by the Canadian Securities Exchange (the “CSE”).
Following the Consolidation, the Company’s name and ticker symbol will remain unchanged, while its
new CUSIP and ISIN numbers will be 03967C207 and CA03967C2076, respectively. As of the date of
this news release, the Company has 70,467,381 common shares issued and outstanding. Upon
completion of the Consolidation, the Company will have approximately 7,046,738 common shares
outstanding, subject to rounding. No fractional shares will be issued; any resulting fractional share will
be rounded down to the nearest whole share. The exercise or conversion terms of all outstanding
warrants, stock options, and other con vertible securities will be proportionally adjusted to reflect the
Consolidation ratio. A letter of transmittal will be provided to registered shareholders holding
certificates or direct registration statements (“ DRS”) outlining the process for exchanging their pre -
Consolidation shares for post -Consolidation shares. Shareholders who hold their shares through a
broker or other intermediary will have their accounts automatically updated in accordance with the
intermediary’s procedures.
Private Placement
The Company further announced its intention to complete a non -brokered private placement of up to
1,000,000 common shares in the capital of the Company (each a “ Share”) at CAD$0.10 per Share (on
a post-Consolidation basis) for a target amount of up to CAD$ 100,000 (the “Private Placement”). All
shares issued pursuant to the Private Placement will be subject to a hold period of four (4) months plus
one (1) day from the date of issuance and the resale rules of applicable securities legislation.
The closing of the Private Placement is subject to certain conditions including, but not limited to, the
receipt of all necessary regulatory and other approvals. The Company may close the offering in one or
more tranches. Insider participation is not anticipated at this time . The proceeds from the Private
Suite #905-1030 West Georgia St., Vancouver, BC Canada V6E 2Y3
Phone (604) 689-2646 Fax (604) 689-1289
Placement will be general working capital. In connection with the Private Placement, the Company
may pay finder’s fees to qualified nonrelated parties, in accordance with the policies of CSE.
Debt Settlement
The Company further announces it has entered into debt settlement agreements (the “ Settlement
Agreements”) to settle outstanding debts owed to certain arm’s length creditors (the “ Creditors”)
totaling an aggregate of CAD $ 349,935 (the “ Debt Settlement ”). Pursuant to the Settlement
Agreements, the Company has agreed to issue an aggregate of 3,499,350 common shares (“Shares”) at
a deemed price of CAD $ 0.10 per Share (on a consolidated basis) , subject to the approval of the CSE.
The board of directors of the Company determined that it is in the best interests of the Company to
complete the Debt Settlement in order to preserve the Company's cash for working capital.
About Arctic Fox Lithium Corp.
Arctic Fox Lithium Corp. is a junior mineral exploration company focused on the acquisition and
development of mineral properties containing battery, base and precious metals. The Company’s 2,756 -
hectare Pontax North Lithium Project (“ Pontax North”) is located 12 km south of Allkem Ltd.
(ASX/TSX:ALLKEM) (“Allkem”) James Bay Lithium Project and 12 km north of Stria Lithium Inc.’s
(CSE:SRA) Pontax Lithium Project, located in northern Québec, approximately 130 km east of the
Eastmain Cree Nation’s community.
For further information, please contact:
Harry Chew, President, CEO
Phone: (604) 689-2646
On behalf of the Board of Directors,
“Harry Chew”
Harry Chew
President & CEO
Arctic Fox Lithium Corp.
Twitter: https://twitter.com/arcticfoxLi
LinkedIn: https://www.linkedin.com/company/arcticfoxlithium
Facebook: https://www.facebook.com/arcticfoxlithium
Instagram: https://www.instagram.com/arcticfoxlithium
YouTube: https://www.youtube.com/@arcticfoxlithium
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy
of this press release.
Forward-Looking Information: Except for statements of historic fact this news release contains certain
“forward-looking information” within the meaning of applicable securities law. Forward -looking
Suite #905-1030 West Georgia St., Vancouver, BC Canada V6E 2Y3
Phone (604) 689-2646 Fax (604) 689-1289
information is frequently characterized b y words such as “plan” “expect” “project” “intend”
“believe” “anticipate” “estimate” and other similar words or statements that certain events or
conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates
at the da te the statements are made and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from those anticipated in the
forward- looking statements including but not limited the Consolidation, the Private Placement and the
Debt Settlement . There are uncertainties inherent in forward -looking information including factors
beyond the Company’s control. There are no assurances that the business plans for Arctic Fox
described in this news release will come into effect on the terms or time frame described herein. The
Company undertakes no obligation to update forward -looking information if circumstances or
management’s estimates or opinions should change except as required by law. The reader is cautioned
not to place undue reliance on forward -looking statements. Additional information identifying risks and
uncertainties that could affect financial results is contained in the Company’s filings with Canadian
securities regulators which are available at www.sedarplus.ca