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Lancaster Resources to Amplify Investor Visibility through Strategic Marketing Contracts

Marketing Announcement

Lancaster Resources to Amplify Investor Visibility through Strategic MarketingContracts

Vancouver, British Columbia – June 16, 2023: Lancaster Resources Inc. (CSE:LCR) (OTC Pink:LANRF)(FRA:6UF) (“Lancaster” or the “Company”) announces the signing of marketing contracts aimed atamplifying investor visibility through digital marketing and content creation.

Lancaster has entered into an advertising and investor awareness contract with Dig Media Inc., operatingunder Investing News Network (INN). INN, a Vancouver-based private company offering independentnews and investor education since 2007 through www.investingnews.com, will offer advertisement on itswebsite for the duration of the six-month agreement, beginning June 16, 2023. INN, which does not offerInvestor Relations or Market Making services, will receive a total payment of $19,000 for the half-yearterm. Contact INN at 604-688-8231 or [email protected].

Additionally, Lancaster has secured a digital marketing services agreement with TD Media LLC, alsoknown as Lifewater Media Digital Agency, based in Sugarland, Texas, USA. Lifewater Media specializes indelivering omnichannel programmatic advertising, AI implementations, and predictive KPI modelingthrough its use of detailed, real-time measurements for brand campaigns. The agreement, which willbegin on June 15, 2023, and last one year, will cost the Company a total of USD $50,000. Lancaster hasthe flexibility to augment the digital marketing budget to enhance news release visibility or otherwiseextend its marketing footprint. Lifewater Media can be contacted at [email protected].

Lancaster has entered into a contract with Equity.Guru Media Inc., a respected editorial and digitalconsultancy located in Vancouver, BC, Canada. The two-month agreement beginning June 16, 2023, isworth $10,000 and encompasses services such as on-demand editorial content, detailed analysis of thecore narrative, video interviews with the CEO, and strategic social media publicity via Equity.Guruplatforms. Since its founding in 2015, Equity.Guru Media has been a credible source of investment datain the North American small-cap stock market, known for its candid and uncompromising style. Forinquiries, contact Chris Parry, Founder, Investigative Journalist, at [email protected], 1 (778) 927-2485.

"As we ramp up our marketing efforts, we anticipate a significant increase in our investor visibility,"Penny White, CEO of Lancaster Resources Inc., expressed. "These newly agreed contracts represent astrategic move to ensure our compelling story, vision, and ongoing initiatives are accurately conveyedand widely disseminated among our current stakeholders and potential investors. We are eagerly lookingforward to the opportunities this brings."

Lancaster Resources is scheduled to present at the Critical Minerals Conference in Kelowna, BritishColumbia on June 26, 2023. The following day, June 27, 2023, Lancaster will also participate and give apresentation at the Summit on Responsible Investment, an event hosted by the Canadian SecuritiesExchange, happening in the same city, Kelowna, BC.

No options or securities have been granted in relation to the marketing agreements, and none of thecompanies mentioned above are affiliated with Lancaster.

About Lancaster Resources Inc.

Lancaser Resources focuses on exploring energy transition metals, particularly lithium, to benefit fromthe global movement towards decarbonization and electrification. The Company aims to identify,acquire, explore, and develop mineral-rich properties integrating sustainable energy sources and noveltechnologies for climate-positive resource production. The Company holds exclusive rights to acquire a100% interest in the Alkali Flat lithium brine project situated in Lordsburg, New Mexico, USA.

Penny White, President & Chief Executive Officer, Lancaster Resources [email protected]: 604 923 6100

www.lancaster-resources.com

The Canadian Securities Exchange has not reviewed, approved nor disapproved the contents of this newsrelease.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. Thesestatements relate to future events, or Lancaster’s future performance. The use of any of the words“could”, “expect”, “believe”, “will”, “projected”, ”estimated” and similar expressions and statementsrelating to matters that are not historical facts are intended to identify forward-looking information andare based on Lancaster’s current belief or assumptions as to the outcome and timing of such futureevents. Actual future results may differ materially. In particular, the ability of Lancaster to execute itsexploration plans, retain key personnel, identify, acquire, explore, and develop high-quality mineral-richproperties and integrate sustainable energy sources and innovative technologies for climate-positiveresource production constitute forward-looking information. Actual results and developments may differmaterially from those contemplated by forward-looking information.

Readers are cautioned not to place undue reliance on forward-looking information. The statements madein this press release are made as of the date hereof. Lancaster disclaims any intention or obligation topublicly update or revise any forward-looking information, whether as a result of new information, futureevents or otherwise, except as may be expressly required by applicable securities laws.