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NOAL.V ·

NOA Lithium Announces Issuance of Stock Options

Share Capital & Compensation

NOA Lithium Announces Issuance of Stock Options

December 24, 2024, BUENOS AIRES, ARGENTINA – NOA Lithium Brines Inc. (TSX-V: NOAL)

(“NOA” or the “Company”) is pleased to announce that the Company has granted an aggregate of

5,850,000 stock options pursuant to its stock option plan (“Stock Option Plan”) to directors, officers,

employees, advisors and consultants of the Company, subject to approval by the TSX Venture

Exchange. The options issued entitle the holder to acquire the same number of common shares of

the Company and will be exercisable at a price of $0.29 per common share for a period of 5 years

from the date of grant. The options were granted under and are subject to the terms and conditions

of the Company’s Stock Option Plan.

About NOA Lithium Brines Inc.

NOA is a lithium exploration and development company formed to acquire assets with significant

resource potential. All NOA’s projects are located in the heart of the prolific Lithium Triangle, in the

mining-friendly province of Salta, Argentina, near a mul titude of projects and operations owned by

some of the largest players in the lithium industry. NOA has rapidly consolidated one of the largest

lithium brine claim portfolios in this region that is not owned by a producing company, with key

positions on three prospective salars, being Rio Grande, Arizaro, Salinas Grandes, and totalling over

140,000 hectares.

On Behalf of the Board of Directors,

Gabriel Rubacha

Chief Executive Officer and Director

For Further Information

Website: www.noalithium.com

Email: [email protected]

Telephone: +54-9-11-5060-4709

Alternative Telephone: +1-403-571-8013

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and other statements that are not historical

facts. Forward -looking statements are often identified by terms such as “will”, “may”, “should”,

“anticipate”, “expects” and similar expressions. All stateme nts other than statements of historical

fact, included in this news release are forward -looking statements that involve risks and

uncertainties. There can be no assurance that such statements will prove to be accurate and actual

results and future events could differ materially from those anticipated in such statements. Important

NEWS RELEASE

factors that could cause actual results to differ materially from the Company’s expectations include

the results of further brine process testing and exploration and other risks detailed from time to time

in the filings made by the Company with securities regulators. The reader is cautioned that

assumptions used in the preparation of any forward -looking information may prove to be incorrect.

Events or circumstances may cause actual results to differ materially from those predicted, as a

result of numerous k nown and unknown risks, uncertainties, and other factors, many of which are

beyond the control of the Company. The reader is cautioned not to place undue reliance on any

forward-looking information. Such information, although considered reasonable by manag ement at

the time of preparation, may prove to be incorrect and actual results may differ materially from those

anticipated. Forward-looking statements contained in this news release are expressly qualified by

this cautionary statement. The forward-looking statements contained in this news release are made

as of the date of this news release and the Company will update or revise publicly any of the included

forward-looking statements as expressly required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

of this release. No securities regulatory authority has reviewed nor accepts responsibility for

the adequacy or accuracy of the content of this news release.