Frontier Lithium Receives Funding from Government of Ontario for Lithium Processing Research

Frontier Lithium Receives Funding from

Government of Ontario for Lithium Processing

Research

SUDBURY, ON

,

Nov. 9, 2023

/CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX:

LITOF) ("Frontier" or "the Company") is pleased to announce its receipt of

$2 million

in grant funding

from the Northern Ontario Heritage Fund Corporation (NOHFC) to test the processing and

conversion of by-products as it advances towards commercial lithium salts production.

Frontier Lithium Receives Funding from Government of Ontario for Lithium Processing Research

(CNW Group/Frontier Lithium Inc.)

The funding announced today at the future headquarters of Frontier, by

Ontario

Premier,

Doug Ford

,

Minister of Northern Development and Indigenous Affairs, Greg Rickford, Minister of Mines,

George

Pirie

, and Minister of Economic Development, Job Creation and Trade,

Vic Fedeli

reflects the

importance of the fully integrated PAK Lithium Project to EV and EV battery supply chains in the

province. The NOHFC grant will enable the construction of a facility that will demonstrate processes

targeted at the conversion of sodium sulfate by-products to achieve a closed-loop system for lithium

salt production. This testing is expected to lead to reagent input regeneration, process optimization,

recycling, energy efficiency and waste minimization that will mitigate disposal risks associated with

by-products.

This new grant builds on NOHFC funding received by Frontier in 2021 to test the production of lithium

hydroxide, an important component of the lithium-ion battery. The findings from the 2021 tests have

informed this next phase of the research process and reflects Frontier's desire to seek and

implement environmentally responsible solutions to advance commercial lithium production objectives

in

Ontario

.

About Frontier Lithium

Frontier Lithium Inc. (TSX-V: FL) (FRA: HL2) (OTCQX: LITOF) is an exploration and development

mining company with headquarters and assets in

Northern Ontario

, a tier-one mining jurisdiction. The

Company's PAK Project represents the largest proven land position in a new, premium lithium

mineral district, with a high-grade, large tonnage and pure lithium resource. Strategically located in

Ontario's

Great Lakes region near the United States Border, Frontier is developing the first fully

integrated lithium mining-and-processing operation in

Ontario

with an aim is to become a significant

supplier of spodumene concentrates and battery-grade lithium hydroxide to the growing electric

vehicle and energy storage markets across

North America

.

About the PAK Lithium Project

The PAK lithium project contains North America's highest-grade lithium resource and is the largest

in Ontario by size. The project encompasses close to 27,000 hectares and remains largely

unexplored; however, since 2013, the Company has delineated two premium spodumene-bearing

lithium deposits (PAK and Spark), located 2.3 kilometres apart. Exploration is continuing on the

project through two other spodumene- bearing discoveries: the Bolt pegmatite (located between the

PAK and Spark deposits), as well as the Pennock pegmatite (25 kilometres northwest of PAK

deposit within the project claims). A 2023 Pre-Feasibility Study titled ""National Instrument 43-101

Technical Report PFS PAK Lithium Project"" authored by BBA E&C Inc., delivered a 24- year project

life, at a post-tax NPV(8%) of US$1.74 billion and internal rate of return of 24.1% as per the press

release disseminated on May 31, 2023 , and was filed on

www.SedarPlus.com

.

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements that constitute "forward-statements." Such forward looking

statements involve known and unknown risks, uncertainties and other factors that may cause the

Company's actual results, performance or achievements, or developments to differ materially from

the anticipated results, performance or achievements expressed or implied by such forward-looking

statements. Although the Company believes, in light of the experience of its officers and directors,

current conditions and expected future developments and other factors that have been considered

appropriate that the expectations reflected in this forward-looking information are reasonable, undue

reliance should not be placed on them because the Company can give no assurance that they will

prove to be correct. When used in this press release, the words "estimate", "project", "belief",

"anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words

or such variations thereon or comparable terminology are intended to identify forward-looking

statements and information. The forward-looking statements and information in this press release

include information relating to the prospectivity of the Company's mineral properties, the

mineralization and development of the Company's mineral properties, the Company's exploration

program and other mining projects and prospects thereof. Such statements and information reflect

the current view of the Company. Risks and uncertainties that may cause actual results to differ

materially from those contemplated in those forward-looking statements and information. By their

nature, forward-looking statements involve known and unknown risks, uncertainties and other factors

which may cause our actual results, performance or achievements, or other future events, to be

materially different from any future results, performance or achievements expressed or implied by

such forward-looking statements. The forward-looking information contained in this news release

represents the expectations of the Company as of the date of this news release and, accordingly, is

subject to change after such date. Readers should not place undue importance on forward-looking

information and should not rely upon this information as of any other date. The Company undertakes

no obligation to update these forward-looking statements in the event that management's beliefs,

estimates or opinions, or other factors, should change.

Readers are cautioned that any such forward-looking statements are not guarantees of future

performance and those actual results or developments may differ materially from those projected in

the forward-looking statements. For more information on the Company, please review the

Company's public filings available on SEDAR+ at

www.sedarplus.com

.

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 this news release.

SOURCE

Frontier Lithium Inc.

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http://www.newswire.ca/en/releases/archive/November2023/09/c4119.html

%SEDAR: 00008434E

For further information:

Bora Ugurgel, Senior Manager, Investor Relations, 2736 Belisle Drive Val

Caron, ON. P3N 1B3 CANADA, T. +001 705.897.7622, F. +001 705.897.7618

CO: Frontier Lithium Inc.

CNW 17:14e 09-NOV-23