Comet Lithium Announces Results of Annual and Special Meeting of Shareholders

Comet Lithium Announces Results of Annual

and Special Meeting of Shareholders

ROUYN-NORANDA, QC

,

June 19, 2025

/CNW/ - Comet Lithium Corporation (TSXV: CLIC) (FSE:

8QY) ("Comet Lithium" or the "Corporation") is pleased to announce that at its annual and special

meeting of shareholders held earlier today (the "Meeting"), Comet Lithium's shareholders elected

Vincent Metcalfe

,

Sylvain Champagne

,

Jordan William Potts

,

Paul Blatter

,

Jamie Flegg

, S. Mitchel

Wasel and

Kyle Frank

as directors of Comet Lithium. Following the Meeting, Comet Lithium's Board

of Directors re-appointed

Vincent Metcalfe

as President and Chief Executive Officer of Comet

Lithium and appointed

Sylvain Champagne

as Chief Financial Officer of Comet Lithium.

At the Meeting, Comet Lithium's shareholders also approved resolutions (i) appointing Raymond

Chabot Grant Thornton LLP, Chartered Professional Accountants, as the auditor of Comet Lithium,

(ii) authorizing, ratifying, approving and confirming the current omnibus equity compensation plan of

Comet Lithium (the "Plan"). The maximum number of common shares reserved for issuance under

the Plan is (i) 10% of the outstanding common shares of the Corporation at any point in time with

respect to options, unless the Corporation obtains disinterested shareholder approval as required by

the policies of the TSX Venture Exchange, and (ii) 1,190,738 common shares for other awards

(other than options) under the Plan.

About Comet Lithium Corporation

Comet Lithium is a dynamic exploration company with a growing portfolio of highly prospective

assets located in Québec, including several properties in the prolific

James Bay

District. The

Company's land package includes the Liberty Property, located adjacent to Winsome Resources'

Adina lithium discovery, and the Troilus East Property, positioned next to Troilus Gold's gold-copper

project. Comet's strategy is focused on systematic exploration and unlocking the value of its diverse

property portfolio through targeted fieldwork and strategic partnerships.

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

the release.

Website:

CometLithium.com

SOURCE

Comet Lithium Corporation

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For further information:

For further information: Comet Lithium Corporation, Vincent Metcalfe,

Chairman and CEO, [email protected], +1.514.249.9960; 147 Québec Avenue (back

door), Rouyn-Noranda, Québec J9X 6M8, Email: [email protected]

CO: Comet Lithium Corporation

CNW 21:35e 19-JUN-25