Arctic Fox Announces Correction to Private Placement Terms
Suite #905-1030 West Georgia St., Vancouver, BC Canada V6E 2Y3
Phone (604) 689-2646 Fax (604) 689-1289
November 14, 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 CORRECTION TO PRIVATE PLACEMENT TERMS
VANCOUVER, BRITISH COLUMBIA (November 14, 2025) – Arctic Fox Lithium Corp. (CSE: AFX
/ FSE: O5K) (the “Company”) Arctic Fox Lithium Corp. (“ Arctic Fox” or, the “ Company”) wishes
to clarify and correct the terms of the non-brokered private placement previously announced on
November 13, 2025 (the “Original Announcement”).
In the Original Announcement, the Company disclosed its intention to complete a private placement of
up to 1,000,000 common shares at a price of CAD$0.1 0 per share. The Company wishes to advise that
the disclosure was made in error. The Company now intends to complete a non -brokered private
placement of up to 1,500,000 units (each, a “Unit”) at a price of CAD$0.10 per Unit for gross proceeds
of up to CAD$150,000 (the “Private Placement”).
Each Unit will consist of one common share (a “ Share”) and one common share purchase warrant (a
“Warrant”). Each Warrant will entitle the holder to acquire one additional Share at a price of
CAD$0.12 per Share for a period of 24 months from the date of issuance.
All other terms of the Private Placement remain unchanged from those disclosed in the Original
Announcement. All securities issued pursuant to the Private Placement will be subject to a hold period
of four (4) months plus one (1) day in accordance with applicable securities laws.
The closing of the Private Placement remains subject to certain conditions, including, but not limited
to, the receipt of all necessary regulatory and other approvals.
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
Suite #905-1030 West Georgia St., Vancouver, BC Canada V6E 2Y3
Phone (604) 689-2646 Fax (604) 689-1289
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 appl icable securities law. Forward -looking
information is frequently characterized by 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 date 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 a nticipated 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 conta ined in the Company’s filings with Canadian
securities regulators which are available at www.sedarplus.ca