SALi Lithium Corp. Corporate Update

SALi Lithium Corp. Provides Corporate Update

NEWS RELEASE

Vancouver, B.C. – August 9, 2024 – SALi Lithium Corp. (CSE: SALI) ("SALi" or "the Company”)

advises that it has experienced initial temporary delays in preparing its first financial documents,

resulting from its multi-jurisdiction structure and recent amalgamation (as announced May 21,

2024 and described below). SALi is working diligently to finalize and file such financial documents

shortly, at which point the Company will seek to have the BC Securities Commission cease trade

order (“CTO”) revoked and further provide a full corporate update on its Argentinian lithium assets

and exploration.

The delay and resulting CTO pertains to the filing of the Company’s first quarter financial

statements and corresponding management’s discussion and analysis for the three-months

ended May 31, 2024, with a filing deadline of July 30, 2024.

The CTO pertains to the Company’s filing of financial statements and does not impact any of the

Company’s assets or plans.

The Company was formed through a three-cornered amalgamation among Pursuit Gold Corp.,

1477445 B.C. Ltd. (formerly South American Lithium Corp, an Alberta corporation) and 1477430

B.C. Ltd., a former subsidiary of the Company.

About SALi Lithium Corp.

SALi Lithium Corp. is a mineral exploration company focused on exploration for lithium in

Argentina. Its primary property is its interest in the El Quemado Project, comprised of 46 mining

concessions totalling 58,000 hectares located in Salta Province, Argentina.

On behalf of the Board of Directors,

Dustin Nanos

CEO and Director

1-587-577-9878

Email: [email protected]

Twitter: @Lithium_SALI

Website: www.SouthAmericanLithium.com