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ILI.V ·

Imagine Lithium Launches New Brand and Appoints Chief Financial Officer

Management Changes

Suite 1240, 789 West Pender St. Vancouver, British Columbia

Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988

IMAGINE LITHIUM LAUNCHES NEW BRAND AND APPOINTS CHIEF FINANCIAL OFFICER

February 1, 2022, Vancouver, BC, Canada – INFINITE ORE CORP. (“ILI” or the “Company”) (TSX-V:ILI)

(OTCQB:ARXRF) announces it will commence operations under the name Imagine Lithium Inc. (“Imagine

Lithium”), effective today. The Company’s common shares will trade on the TSX Venture Exchange

under its existing ticker symbol “ILI".

The brand, Imagine Lithium, reflects the Company’s focus on lithium exploration in the safe,

environmentally conscious mining jurisdiction of Ontario, Canada. Imagine the economic stimulus and

social benefits that lithium exploration and a future lithium mine can bring to the Nipigon region of

Ontario. Imagine the environmental benefits that lithium brings to the global community as the world

adopts clean electric vehicles powered by lithium-ion batteries. Imagine a global electrification strategy

that uses lithium batteries to bring clean, reliable electricity to communities far and wide, fundamentally

enhancing quality of life. The future is here. Imagine the possibilities. Imagine Lithium.

The new corporate website can be found at www.imaginelithium.com. Please visit the site to learn more about

the Jackpot lithium property, where a 3,000 m drill program will be testing numerous known and newly identified

dikes on the property. The program is expected to commence in February 2022.

In addition, the Company is pleased to announce the addition of Arvin Ramos as Chief Financial Officer

as Mr. John Masters transitions into retirement. Mr. Ramos holds a degree in commerce and is a member

of the Chartered Professional Accountants of Ontario. Mr. Ramos has over 17 years of business

experience, having supported a broad range of industries, including mining, technology, and banking.

J.C. St. Amour, President and CEO of Imagine Lithium commented, “I am excited to be launching our

new brand today. It’s an electrifying time in the company as we refocus on our flagship asset, the

Jackpot Lithium property. My team and I have been planning our winter exploration season and we are

eager to get started and begin to unlock the lithium potential at Jackpot. I also am excited to be working

with Arvin, a seasoned accounting professional as John winds down his career in preparation for

retirement. It has been a pleasure to work with John and I am happy to report that he will continue to

assist the company on corporate matters as a consultant.”

In connection with Mr. Ramos joining the Company, Imagine Lithium also wishes to announce that it

has granted him 300,000 options to pursuant to its stock option plan. The options are exercisable for a

period of 2 years from the date of grant at a price of $0.155 per option.

ABOUT IMAGINE LITHIUM INC.

Imagine Lithium Inc . is a junior mining exploration company focused on seeking and acquiring world -

class mineral projects. The company holds the Jackpot lithium property located near Nipigon, Ont ario,

which contains known pegmatite showings , including two historical resources of 2 million tons grading

1.09% Li2O and 750,000 tons at 1.38% Li2O. In addition, the company holds an interest in a large land

package with the potential for VMS and gold minerali zation in the Confederation Lake assemblage belt

near Red Lake, Ont.

ON BEHALF OF THE BOARD

“J.C. St-Amour”

J.C. St-Amour, President

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: +1-604-683-3995

Toll Free: +1-888-945-4770

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 release.

FORWARD LOOKING STATEMENTS:

This news release contains forward -looking statements, which relate to future events or future

performance and reflect management’s current expectations and assumptions. Such forward -looking

statements reflect management’s current beliefs and are based on assumptions made by and information

currently available to the Company. Investors are cautioned that these forward -looking statements are

neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to

differ materially from those expected. These forward -looking statements are made as of the date hereof

and, except as required under applicable securities legislation, the Company does not assume any

obligation to update or revise them to reflect new events or circumstances. All th e forward -looking

statements made in this press release are qualified by these cautionary statements and by those made in

our filings with SEDAR in Canada (available at WWW.SEDAR.COM).