Western Troy Proposes NAME Change at Annual General Meeting to Li3 Lithium Corp to Reflect the Company’S New Focus ON Lithium

WESTERN TROY PROPOSES NAME CHANGE AT ANNUAL GENERAL MEETING TO Li3

LITHIUM CORP TO REFLECT THE COMPANY’S NEW FOCUS ON LITHIUM

Toronto, Canada May 9, 2022 - Western Troy Capital Resources Inc. (TSXV WRY) (the “ Company”,

or “WRY”) is pleased to announce that an annual and special meeting of the common shareholders of the

Company has been called for June 28, 2022 (the “ Meeting”). At the Meeting, WRY shareholders will,

among other things, be asked to consider, and if thought approp riate, approve the Company's proposal to

change its name to “Li3 Lithium Corp” (the “ Name Change”). Additional information concerning the

Name Change will be included in a management information circular to be mailed to WRY shareholders in

connection with the Meeting. The Name Change will also be subj ect to the approval of the TSX Venture

Exchange.

WRY is proposing to change its name to more accurately reflect the activities and future focus of the

Company. Stephen Dunn, President and Chief Executive Officer o f WRY, commented: “The proposed

name change reflects the Company' s new strategy of focusing glo bally on lithium exploration and project

development. We see the transition to a net-zero carbon world as providing a once-in-a-lifetime opportunity

for minerals explorers to focus on the explosive growth anticip ated in demand for battery metals like

lithium.”

WRY recently acquired a 50% interest in Li3 Resources Inc. (“Li3”) whose corporate plan is to acquire an

attractive portfolio of highly prospective lithium exploration projects worldwide. Li3’s senior management

have successfully executed similar transactions during their past 30+ year history in the mining sector.

Coincident with the change in the Company’s focus to lithium, W RY also wishes to announce that Ed

Milewski has resigned as a director effective today. The Compa ny would like to thank Mr. Milewski for

his years of dedicated service and support, and we wish him a long and happy retirement.

About Western Troy

Western Troy has been engaged in mineral exploration and mine d evelopment, as well as reviewing

potential alternatives to enhance shareholder value. WRY, through its investment in Li3 (see news release

of April, 2022), recently entered into an agreement to acquire up to net 25% interest in the Zimbabwe

Mutare Lithium Project from London AIM-listed Premier African M inerals Limited with an option to

increase its interest to 50% on terms to be mutually agreed pos t completion of the initial exploration

program. WRY also owns the Northern Lights Copper Property in central Nevada and has an option to

earn 100% of the Warrens Nickel Property near Timmins, Ontario.

Contact Information:

Western Troy Capital Resources

Stephen Dunn, CEO

Tel: 416-361-2827

Email: [email protected]

CAUTIONARY STATEMENT:

Neither the TSX Venture Exchange nor its Regulation S ervices Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain “forward-looki ng information” within the meaning of applicable

securities laws. Forward looking information is fre quently characterized by words such as “plan”,

“expect”, “project”, “intend”, “believe”, “anticipat e”, “estimate”, “may”, “will”, “would”, “potential”,

“proposed” and other similar words, or statements that certain events or conditions “may” or “will”

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occur. These statements are only predictions. Forward- looking information is based on the opinions and

estimates of management at the date the information is provided, and is subject to a variety of risks and

uncertainties and other factors that could cause actual events or results to differ materially from those

projected in the forward-looking information. Fo r a description of the risks and uncertainties facing the

Company and its business and affairs, readers should refer to the Company’s Management’s Discussion

and Analysis. The Company undertakes no obligatio n to update forward-looking information if

circumstances or management’s estimates or opinions should change, unless required by law. The reader

is cautioned not to place undue reliance on forward-looking information.