Arctic Fox Announces Non-Brokered Private Placement
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR
DISSEMINATION IN THE UNITED STATES
February 25, 2026 Trading Symbol: CSE - AFX
FSE - O5K
ARCTIC FOX ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
VANCOUVER, BRITISH COLUMBIA (February 25, 2026) – Arctic Fox Lithium Corp. (CSE: AFX /
FSE: O5K) (“Arctic Fox” or, the “Company”) announces it is launching a non-brokered private placement
of up to 12,500,000 units (the "Units"), at a price of $0.24 per Unit for gross proceeds of up to $3,000,000.00
(the "Offering"). 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
$0.315 per Share for a period of 24 months from the date of issuance.
The Units will be offered: (a) by way of private placement in all of the provinces of Canada pursuant to
applicable exemptions from the prospectus requirements under applicable Canadian securities laws; (b) in the
United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the
exemptions from the registration requirements provided for under the United States Securities Act of 1933,
as amended (the “U.S. Securities Act”); and (c) in jurisdictions outside of Canada and the United States on a
private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no
prospectus, registration statement or other similar document is required to be filed in such jurisdiction. The
securities to be issued pursuant to the Offering to purchasers in Canada will be subject to a four -month and
one day hold period in Canada pursuant to applicable Canadian securities laws. The Units will be offered to
purchasers outside of Canada pursuant to an exemption from the prospectus requirements in Canada available
under OSC Rule 72-503 – Distributions Outside Canada and, accordingly, the securities to be issued pursuant
to the Offering to purchasers outside of Canada are not expected to be subject to a four -month and one day
hold period in Canada. The securities offered have not been registered under the U.S. Securities Act, as
amended, and may not be offered or sold in the United State s absent registration or an applicable exemption
from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale
would be unlawful.
The Company will use the net proceeds from the Offering for general working and administrative capital ,
costs related to the Offering and exploration expenditures in connection with the Shipshaw Property and its
other mineral properties. Finder’s fees may be payable in connection with the Offering.
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 and rare earth 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. The Company is currently planning a second -phase exploration program at Pontax
North and continues to evaluate accretive opportunities across the rare earth element and broader critical-
minerals sectors to complement and expand its project portfolio.
For further information, please contact:
Kirby Renton, Director, President and CEO.
Phone: 306-430-8815
On behalf of the Board of Directors,
Kirby Renton
Director, President and CEO
Arctic Fox Lithium Corp.
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
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 anticipated in the forward- looking statements
including but not limited to the Transaction, the Offering, the Shareholder Consent, the consideration
payable under the Agreement, the filing of a BAR and other statements contained herein . 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 requ ired 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