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NVPC.CN ·

NOVA Lithium Announces NAME Change to NOVA Pacific Metals Corp.

Corporate Actions

NEWS RELEASE

CSE:NVLI | OTC:NVLIF | FRA:YQ1

WKN:A3DMP6 | ISIN:CA66981W1032

NOVA PACIFIC ANNOUNCES NAME CHANGE TO

NOVA PACIFIC METALS CORP.

Vancouver, British Columbia, Canada, July 8th, 2024 – Nova Lithium Corp. (“Nova” or the

“Company”) (CSE: NVLI) (OTC Pink: NVLIF) (FRT:YQ1 | WKN: A3DMP6) is pleased to announce

that it changed its name from "Nova Lithium Corp." to "Nova Pacific Metals Corp." today. At the

opening of the market on July 11, 2024, the Company's common shares will trade on the Canadian

Securities Exchange under the new name. In connection with the name change, the Company's

trading symbol will be changed to "NVPC".

The CUSIP number assigned to the Company's common shares under its new name will be

66979J106. There is no consolidation of the Company's share capital in connection with the name

change and, as a result, certificates representing common shares of the Company will not be

affected by the name change and shareholders will not be required to exchange their shares or

take any other action. Shareholders holding share certificates of the Company can request a

replacement certificate, however new certificates are not required and will not be automatically

issued.

Nova Lithium’s CEO, Mr. Malcolm Bell, stated, "We are excited to announce the Company’s new

name, Nova Pacific Metals Corp. Our new name reflects our broad commitment to building

significant shareholder value through the acquisition, exploration and development of strategic

mineral properties in North America."

For more information about Nova Pacific Metals Corp., please visit our website or contact our

investor relations department.

About Nova

Nova is a Canadian exploration and development company focused on pursuing projects with a

significant discovery providing a viable pathway to development. The key projects owned by the

Company are its Deer Musk West Lithium project located in Clayton Valley, Nevada and its recently

acquired Lara Project located on Vancouver Island, British Columbia. The Company intends to

continue its exploration and development efforts on its mineral projects with an view towards

maximizing shareholder value.

For additional Information please visit: www.novalithiumcorp.com

NEWS RELEASE

CSE:NVLI | OTC:NVLIF | FRA:YQ1

WKN:A3DMP6 | ISIN:CA66981W1032

On behalf of the Board of Directors

Malcolm Bell

Chief Executive Officer

For Further Information, please contact:

Nova Pacific Metals Corp.

Investor Inquiries

[email protected]

+1-778-868-2226

The Canadian Securities Exchange has not in any way passed upon the merits of the matters

referenced herein and has neither approved nor disapproved the contents of this news release.

Forward-Looking Information

Certain statements contained in this news release may constitute forward-looking information.

Forward-looking information is often, but not always, identified by the use of words such as

“anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar

expressions. Forward-looking information involves known and unknown risks, uncertainties and

other factors that may cause actual results or events to differ materially from those anticipated

in such forward-looking information. The Company’s actual results could differ materially from

those anticipated in this forward-looking information as a result of regulatory decisions,

competitive factors in the industries in which the Company operates, prevailing economic

conditions, changes to the Company’s strategic growth plans, and other factors, many of which

are beyond the control of the Company. The Company believes that the expectations reflected

in the forward-looking information are reasonable, but no assurance can be given that these

expectations will prove to be correct and such forward-looking information should not be

unduly relied upon. Any forward-looking information contained in this news release represents

the Company’s expectations as of the date hereof, and is subject to change after such date.

The Company disclaims any intention or obligation to update or revise any forward-looking

information whether as a result of new information, future events or otherwise, except as

required by applicable securities legislation.