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AFX.CN ·

Mr. Gary Claytens Agrees to Act as Strategic Advisor to Arctic Fox Lithium Corp.

Management Changes

Suite #905-1030 Georgia Street West, Vancouver, BC Canada V6E 2Y3

Phone (604) 689-2646 Fax (604) 689-1289

March 14, 2023 Trading Symbol: CSE – AFX

FSE – 7N4

MR. GARY CLAYTENS AGREES TO ACT AS STRATEGIC ADVISOR TO ARCTIC FOX

LITHIUM CORP.

VANCOUVER, BRITISH COLUMBIA (March 14, 2023) – Arctic Fox Lithium Corp. (CSE: AFX/FSE:7N4)

(the “Company”) is pleased to announce that Mr. Gary Claytens has agreed to act as a strategic advisor

to the Company. Mr. Claytens began his career as a registered representative and analyst for a private

equity firm. He holds a bachelor of economics degree specializing in resource economics from the

University of British Columbia and has over 35 years of public market experience acting as a senior

officer and director of numerous is suers in the mining and oil and gas sectors. Recently, Mr. Claytens

was instrumental in discovering a lithium brine deposit in Utah, USA , which is currently in the

development stage.

Harry Chew, Chief Executive Officer and President of the Company commented: “We are excited to add

the wealth of knowledge that Mr. Gary Claytens brings to the Company. His experience in the lithium

space is especially important to the Company as it seeks to advance its lithium projects in Quebec.”

The Company also wishes to announce the granting of 700,000 incentive stock options to directors,

officers and consultants of the Company . The options have an exercise price of $0.13 and will be

exercisable for a period of five years from the date of issuance. The options will vest immediately.

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.

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: This release includes certain statements that may be deemed "forward -looking statements". All statements in this release,

other than statements of historical facts, that address any activities and events or developments that the Company expects to occur, are forward -looking

statements. Although the Company believes the expectations expressed in such forward -looking statements are based on reasonable assumptions, such

statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors

that could cause actual results to differ materially from those in forward looking statements include inability to find poten tial investors willing to invest in

future private placements; market prices; inability of the Company to carry out f uture exploration on its properties as currently anticipated, or at all;

disruptions relating to the COVID-19 pandemic; continued availability of capital and financing and general economic, market or business conditions. These

statements are based on a number of assumptions including, among other things, assumptions: regarding general business and economic conditions. Investors

are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those

projected in the forward -looking statements. The Company does not assume any obligation to update or revise its forward -looking statements, whether as a

result of new information, future events or otherwise, except as required by applicable law.