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Spod Lithium Corp. to Commence Exploration Program ON Quebec Lithium Project

Exploration Programs

SPOD LITHIUM CORP. TO COMMENCE EXPLORATION PROGRAM

ON QUEBEC LITHIUM PROJECT

Vancouver, B.C. – August 10, 2023 – SPOD LITHIUM CORP. (“SPOD” or the “Company”)

(CSE: SPOD) ( OTCQB: SPODF ) is pleased to announce that due to improving conditions

surrounding the Company’s properties in the James Bay region of Quebec, t he company’s long

awaited 2023 exploration program scheduled on the Company’s Megali and Lithium Grande 4

properties will commence immediately.

Exploration crews arrived at the Mirage Adventure camp on the 9 th of August and Exploration

activities will begin today, August 10th. Spod Lithium has contracted Quebec based Explo-Logik

Inc., a fully turnkey exploration company founded in 2007 by Guy Girard.

EXPLORATION HIGHLIGHTS

The exploration work will consist primarily of prospecting and rock sampling over both properties.

The Megali property consists of 78 mineral claims covering a total area of 3,996.67 hectares (40

square kilometers) and the Lithium Grande 4 project consists of 41 mining claims covering 2,100

hectares (21 km2). Both the Megali and Lithium Grande 4 projects are adjacent to Patriot Battery

Metals' Corvette property which was recently deemed the largest Lithium pegmatite resource in

the Americas (ref). The Spod lands are located less than 2.7 km south-south-east (Megali) and less

than 2.0 km south (Lithium Grande 4) from Patriot's Corvette lithium project.

Chris Cooper, president and chief executive officer of Spod Lithium Corp, commented: “We are

very excited to get back to work in the mineral rich prolific James Bay area of Quebec, and I would

particularly like to thank the unprecedented efforts of all those involved in fighting and containing

the wildfires encompassing Quebec and Canada.”

Qualified person

Martin Demers P.Geo., a registered permit holder with the Ordre des Géologues du Quebec and

qualified person as defined by National Instrument 43-101, has reviewed the technical

information in this news release.

Reference: https://patriotbatterymetals.com/patriot-a nnounces-the-largest-lithium-pegmatite-resource-in-the-

americas-at-cv5-corvette-property-quebec-canada/

About Spod Lithium Corp.

Spod Lithium Corp. is a mineral exploration company focused on the acquisition and development

of mineral properties containing battery, base, and precious metals. The Company’s flagship assets

are its Lithium properties located in the James Bay region of Quebec and the Nipigon and Niemi

region of Ontario, Canada. For further information, please refer to the Company's disclosure

record on SEDAR ( www.sedar.com) or contact the Company through its website at

www.spodlithiumcorp.com or by telephone at 604-721-3000.

On Behalf of the Board of Directors

Chris Cooper

Chief Executive Officer

Forward-Looking Information

Certain statements in this news release are forward-looking statements, including with respect to future plans,

and other matters. Forward -looking statements consist of statements that are not purely historical, including

any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can

generally be identified by the use of forwarding- looking wording such as “may”, “expect”, “estimate”,

“anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is

cautioned that assumptions used in the preparation of any forward- looking information may prove to be

incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result

of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control

of the Company, including but not limited to, business, economic and capital market conditions, the ability to

manage operating expenses, and dependence on key personnel. Such statements and information are based on

numerous assumptions regarding present and future business strategies and the environment in which the

Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause

the actual results to differ materially from those in forward-looking statements include, the continued availability

of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key

employees and consultants, and general economic, market or business conditions. Forward-looking statements

contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not

to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release.

Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise

any forward-looking statements, whether as a result of new information, future events or otherwise.

The CSE has not reviewed, approved or disapproved the contents of this news release.