Infinite Clarifies and Increases Private Placement Financing

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

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

INFINITE CLARIFIES AND INCREASES PRIVATE PLACEMENT FINANCING

January 20, 2020 , Vancouver, BC, Canada – Infinite Lith ium Corp. (“ILI” or th e “Company”) ( ILI-TSX:V)

(OTCQB:ARXRF) announces that further to its press release dated January 15th announcing a non-brokered private

placement of up to 8.4 million units ("Units") at a price of $0. 06 per Unit for aggregate gross proceeds of

$504,000.00 that due to overwhelming demand it is arranging to increase the financing to up to 20 million units

for aggregate gross proceeds of $1,200,000 (the "Offering"). Each Unit will be comprised of one common share

("Share") and one-half of one transferable Share purchase warrant of the Company ("Warrant"). Each full Warrant

will entitle the Subscriber to purchase one Warrant Share for a 24-month period after the Closing Date at an

exercise price of $0.10 per share.

Proceeds from the financing will be used for drilling and prospecti ng on the Company’s 3 newly acquired

properties located in the Red Lake Mining District in Ont ario, (see news releases dated December 2 nd, 4th & 12th,

2019) as well as for general working capital and unallocated funds as per Tier 2 status requirement.

Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.

The offering is subject to TSX Venture Exchange acceptance .

About Infinite Lithium Corp.

Infinite Lithium is a junior mining exploration company focused on seeking and acquiring world -class mineral

exploration projects globally for the benefit of its shareholders.

ON BEHALF OF THE BOARD

“John Masters”

John Masters, Director

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 Ven ture Exchange) accepts

responsibility for the adequacy or accuracy of this release.