Lithium Chile Announces 2022 Warrants Extended

LITHIUM CHILE ANNOUNCES 2022 WARRANTS EXTENDED

TSX Venture Exchange: LITH For Immediate Release

OTC-QB: LTMCF

CALGARY , ALBERTA, January 12, 2024 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased

to announce that it intends to extend the expiry date of an aggregate of 5,774,279 outstanding common

share purchase warrants ("Warrants") issued by the Company as part of a unit of the Company in

connecƟon with a non-brokered private placement announced on December 21, 2021, and further

amended on January 24, 2022. The Company proposes to extend the expiry date of the Warrants to June

30, 2024 (the "Extension").

The Extension is subject to approval by the TSX Venture Exchange (the "TSXV"). The Company intends to

issue an updated news release upon receipt, if any, of the Warrant Extension Approval.

The securiƟes being offered have not been, nor will they be, registered under the United States

SecuriƟes Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the

account or benefit of, U.S. persons absent registraƟon or an applicable exempƟon from the registraƟon

requirements. This news release will not consƟtute an offer to sell or the solicitaƟon of an offer to buy

nor will there be any sale of the securiƟes in any state in which such offer, solicitaƟon or sale would be

unlawful.

ABOUT LITHIUM CHILE:

Lithium Chile is an exploraƟon and lithium resource company with a property porƞolio consisƟng of

111,978 hectares in Chile and 29,245 hectares in ArgenƟna. The Company has filed its NI 43-101 Report

and Preliminary Economic Assessment, which can be viewed on the Company’s profile at SedarPlus.ca

Lithium Chile also owns 4 properƟes, totaling 21,329 hectares, that are prospecƟve for gold, silver and

copper. ExploraƟon efforts are conƟnuing on Lithium Chile’s Carmona gold/silver/copper property which

lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-QB

under the symbol “LTMCF”.

To find out more about Lithium Chile, please contact Steven Cochrane, President and CEO via email:

[email protected] or Michelle DeCecco, Vice President and COO, via email [email protected].

FORWARD LOOKING STATEMENTS:

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.

NOT FOR RELEASE IN THE UNITED STATES

This news release may contain certain forward-looking informaƟon and forward-looking statements

within the meaning of applicable securiƟes legislaƟon (collecƟvely "forward-looking statements").

Generally, forward-looking statements can be idenƟfied by the use of forward-looking terminology such

as "expected", "anƟcipated", "aims to", "plans to" or "intends to" or variaƟons of such words and

phrases or statements that certain acƟons, events or results "will" occur. Such forward-looking

statements are based on various assumpƟons and factors that may prove to be incorrect, including, but

not limited to, factors and assumpƟons with respect to: the general stability of the economic and

poliƟcal environment in which the Company operates; and the Ɵmely receipt of required regulatory

approvals. You are cauƟoned that the foregoing list of material factors and assumpƟons is not

exhausƟve. Although Lithium Chile believes that the assumpƟons and factors on which such forward-

looking statements are based upon reasonable assumpƟons, undue reliance should not be placed on the

forward-looking statements because Lithium Chile can give no assurance that they will prove to be

correct or that any of the events anƟcipated by such forward-looking statements will transpire or occur,

or if any of them do, what benefits Lithium Chile will derive there from. Lithium Chile does not

undertake to update any forward-looking statements herein, except as required by applicable securiƟes

laws. All forward-looking statements contained in this news release are expressly qualified by this

cauƟonary statement.