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NOA Lithium Announces Launch of 2026 Activities at Rio Grande Project Leading to Preliminary Feasibility Assessment

Corporate Updates

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NOA Lithium Announces Launch of 2026 Activities at Rio Grande

Project Leading to Preliminary Feasibility Assessment

January 21, 2026, Buenos Aires, Argentina – NOA Lithium Brines Inc. (TSX-V: NOAL) (“NOA”

or the “Company”) is pleased to announce the Company has engaged Montgomery & Associates

(“M&A”) to start key activities for the hydrogeological model of the Rio Grande salar to support the

Preliminary Feasibility Study ( “PFS”) for NOA’s Rio Grande Project (the “ Rio Grande Project” or

“Project”).The PFS is planned to be completed before the end of 2026.

M&A has been working on NOA’s Rio Grande Project since 2023 and they have extensive

experience in Argentina and in the region . They have also worked on many of the projects in

operation and under development in Argentina, including multiple producing and development stage

lithium brine projects.

One of the initial preliminary tasks for the PFS is the preparation of a Basin Water Balance Report,

scheduled to be completed before the end of Q1/2026. A Water Balance Report is a foundational

engineering report for the Project that quantifies the total inflows, outflows, and storage changes of

water within the Project’s site.

NOA’s Chief Executive Officer Gabriel Rubacha states: “This is another milestone in Rio Grande’s

journey to feasibility. Our goal this year remains to complete the PFS and this event marks the

initiation of the activities necessary to achieve this”.

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, and Salinas Grandes, and totalling

over 140,000 hectares.

About Montgomery & Associates

Montgomery & Associates (“M&A”) is an international water resource consulting firm that specializes

in management and mining hydrogeology services which includes characterization of aquifer

conditions. It has been operating since 1984, with South American offices now located in Santiago

Chile and Salta Argentina. M&A’s Head office is in Tucson Arizona. M&A’s client list includes most

of the domestic and international mining entities operating in the Americas.

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

NEWS RELEASE

Alternative Telephone: +1-403-571-8013

Qualified Person

Mr. Michael Rosko, M.Sc., C.P.G. of E. L. Montgomery and Associates (“M&A”) is a Registered

Geologist (C.P.G.) in Arizona, California, and Texas, a Registered Member of the Society for Mining,

Metallurgy and Exploration, and is a Qualified Person (QP) as defined by NI 43-101. Mr. Rosko and

hydrogeologists from M&A have been on site multiple times during the various phases of drilling and

sampling operations and Mr. Rosko has extensive experience in salar environments and has been

a QP on many lithium brine projects. Mr. Rosko and M&A are completely independent of NOA, as

defined in, and required by, NI 43-101 and Mr. Rosko has reviewed and approved the content of this

news release.

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

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

projected plans include the anticipated production and/or results of water well activities, 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 known

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 management 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 wi ll 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.