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South Star Battery Metals Announces Successful LiB Results from Completed Cycle Testing and Premium Dispersion Products for Alkaline Battery Markets Superior to Leading Synthetic Graphites

Corporate Updates

South Star Battery Metals Announces Successful LiB Results from

Completed Cycle Testing and Premium Dispersion Products for Alkaline

Battery Markets Superior to Leading Synthetic Graphites

VANCOUVER, BC

,

Nov. 24, 2021

/CNW/ - South Star Battery Metals Corp. ("

South Star

" or the "

Company

") (TSXV: STS) (OTCQB: STSBF), along with its

technological partner in

the United States

("US Lab"

1

), are pleased to announce the successful final life cycle testing results for over 100 cycles (charging and

discharging) in CR2016 LiB coin cells constructed with anode material (coated spherical purified graphite – "SPG") produced from the Santa Cruz Graphite

Project. In separate test work, a highly conductive dispersion was also tested that exceeds current industry standards for conductive coating applications in both

energy storage and advanced purity dry film lubrication markets.

South Star's cycle testing program is complete and exceeded 100 cycles for the LiB cells. One cycle consists of 10 hours of charge and 10 hours of discharge,

therefore 100 cycles equal approximately 2,000 hours total. The tests indicate very stable results with approximately 2.2% degradation through 100+ cycles while

maintaining reversible capacity on the order of 342 – 345 mAh/g throughout. If these results were projected out, approximately 900 cycles could be achieved

before reaching the 20% industry standard cutoff. These results are generally competitive with synthetic graphite and indicates that the

Santa Cruz's

battery

anode material are excellent quality material that are suitable for a variety of LiB applications including EV markets. Upcoming work includes sample preparation

of various downstream products so that the qualification process can begin along with processing flowsheet optimizations and performance validation. (Refer to

September 22, 2021

press release for results from initial 75 cycles).

In addition, South Star has successfully completed the production and testing of high purity graphite and premium quality electrically conductive dispersions for a

variety of applications including the alkaline battery markets. The

Santa Cruz

material utilized was harvested from the purified graphite rejects from the

spheronization process and confirmed that purified flake graphite from the

Santa Cruz

project is significantly more conductive than industry-leading material

currently in use. With the alkaline battery market producing over 12 billion batteries annually and a global market value in excess of

US$7.5B

in 2020, this

application could potentially develop into a key market for South Star.

"We continue to announce stellar value add testing results that prove the premium quality nature of the deposit while advancing towards production in 2022,"

commented

Richard Pearce

, President and CEO of South Star. "The final cycle testing with anode materials produced from

Santa Cruz

concentrates resulted in

fantastic performance that approximates the characteristics of synthetic graphite for a broad range of battery applications. In addition, the development of such

high-quality conductive dispersions and coatings opens additional value-added markets for our premium graphite. Our material outperformed the leading

commercial synthetic graphite products by a considerable margin. Every single alkaline battery manufactured requires graphite, and it is a huge new potential

market because of the quality of our concentrates. Premium coatings for alkaline battery cans are currently priced up to

$30,000

per tonne. These are excellent

outcomes for our program and continue to prove that

Santa Cruz

can provide a broad array of premium products and bring real value with natural flake graphite to

a diversified group of sectors and clients. We have a bright future ahead of us."

Santa Cruz Product Information Bulletins (PIBs) with technical information for the portfolio of products, safety data sheets (SDSs) and marketing materials have

been prepared and are being distributed to our existing partners and potential clients. 100-200g samples of a variety of value-add products including micronized

and purified graphite, expanded & expandable graphite, dispersions, as well as coated and uncoated SPG are being produced and will be made available for

qualification testing.

1

The United States laboratory ("US Lab") specializes in advanced graphite materials and value-add testing for battery and non-battery applications. The US Lab company name has not been published for the purposes of preserving a commercial advantage of South Star Battery Metals

in the marketplace.

Lithium-Ion Battery Life Cycle Test Results

Purified graphite was successfully micronized using an advanced pilot scale mechanical milling system outfitted with two air classification circuits. Once the target

sizing geometries were achieved, uncoated SPG was produced by rolling and rounding the micronized graphite into elliptical spheres in a specialized mill. The

elliptical shapes are a preferred morphology for higher packing density active loadings in battery electrodes. They are also preferred due to better rate capacities,

safer and generally longer-life LiBs. Uncoated SPG was coated with a nanolayer of soft carbon and heat treated under a blanket of inert gas. The hardened

coating provides a layer of protection from exfoliation and general degradation during the normal expansion and contraction cycles associated with charging and

discharging. The coating also reduces ongoing reactions of electrolytes with the graphitic carbon, which results in a reduced battery life (

See June

29

th

, 2021

press release for more details).

Next, a copper foil was coated with the anode slurry using the drawdown technique, and the electrode was dried under vacuum and weighed. Finally, the anode

was welded to the bottom can of a stainless-steel standard CR2016 coin cell. Three identical coin cells were produced, and testing includes the following:

reversible capacity, irreversible capacity, irreversible capacity loss and long-term cycling stability as a function of the elapsed number of charge/discharge cycles.

Figure 1: Santa Cruz LiB Battery Results Through +100 Cycles (CNW Group/South Star Battery Metals Corp.)

As shown in Figure 1, other notable positive properties of

Santa Cruz

anode material are that their reversible capacities are at approximately 342-345 mAh/g

through 100 cycles, which is a degradation of 2.2 percent. Assuming the current degradation rate remains constant,

Santa Cruz

graphite could potentially exceed

900 cycles prior to performance cut-off and provide a viable alternative for the EV sector to synthetic graphite, which has significantly higher costs, higher

environmental footprint and is a product derived from petroleum.

Figure 2 presents the results for Cell 3 through cycles 25, 50, 75, 100 and 115 and confirm that the cells maintain excellent electrochemical performance

throughout the current testing confirming the robust nature of the

Santa Cruz

natural crystalline flake characteristics as anode material for lithium-ion batteries.

Figure 2: Cell 3 Cycles 25, 50, 75, 100 & 115 Testing Results

Premium Purity Conductive Coatings

The objective of this phase of testing was to formulate a high-performance, premium-purity graphite-based conductive coating product for the alkaline energy

storage market using purified

Santa Cruz

flake graphite. The electrically conductive coatings require high conductivity, thermal and chemical stability in the

presence of corrosive electrolyte (37 wt% KOH), ultra-high purity (99.9+ wt% C) and high crystalline flake structure.

During previous test work, South Star successfully produced purified spherical graphite with a yield of approximately 74% (Refer to news release dated

June 29,

2021

). The remaining 26% of the SPG process byproducts retained their ultra-high purity level (99.9993%) and were homogenized into a composite powder blend

with a laser diffraction measured mean particle size of 13.81 um with a broad size range of 0.972 to 104.6 um. This material was then added to a mixing tank

equipped with a dispersion blade. Water and surfactants were added to breakdown agglomerates to further reduce the mean particle size to 9.36 um.

US Lab's proprietary wet mill was utilized to achieve further particle size reduction and incorporated a specialized media that allows continued size reduction

without cross contamination of the end product with components of the media. The final dispersion had a purity of 99.98+ wt.%C and a mean value of 4.0 um with

a D10 = 1.018 um, D50 = 3.55 um and D90 = 8.01 um. The full particle size distribution measured by laser diffraction is shown in Figure 3.

Figure 3. Particle size distribution (laser diffraction by Microtrac S3500) of the wet milled

Santa Cruz

graphite, having purity of 99.98+ wt.%C.

The fine particle dispersion was mixed with a polyacrylate co-polymer resistant to alkaline battery chemistry to produce an alkaline battery can coating meeting

current industry standards. Additional water and solvent based polymer binders can be used in future formulations to meet a variety of coating specifications used

in lithium primary, lithium-ion batteries, fuel cells and supercapacitors. The final wet Quality Control specifications for the South Star Alkaline Can Coating had the

following properties:

Property

Value

Test Method

Viscosity

425 cps

Brookfield #3 spindle, 20 rpm, 25

o

C

WPG

9.53 lb/gal

Weight per gallon

pH

9.6

Wt.% solids

8.60%

30 minutes at 115

o

C (vacuum oven)

A thin coat of the final dispersion was applied to a glass substrate and allowed to dry. The key property of these dried coatings is electrical resistivity in ohm-

inches measured by a 2T probe (using a Fluke ohm-meter) on the glass substrate with 1 inch between probes. The South Star graphite dispersion measured

electrical resistivity of 20 ohm-inches which is significantly below current industry standards of <30 ohm-inches.

About South Star Battery Metals Corp.

South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production

projects in the Americas. South Star's Santa Cruz Graphite Project, located in Southern Bahia,

Brazil

is the first of a series of industrial and battery metals

projects that will be put into production.

Brazil

is the second-largest graphite-producing region in the world with more than 80 years of continuous mining.

Santa

Cruz

has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (>30t) has been completed. The results of the testing show

that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95-99% Cg. With excellent infrastructure and logistics, South Star is carrying its

development plan towards Phase 1 production projected in Q4 2022, pending financing. South Star trades on the TSX Venture Exchange under the symbol STS,

and on the OTCQB under the symbol STSBF.

South Star is committed to a corporate culture, project execution plan and safe operations that embrace the highest standards of ESG principles based on

transparency, stakeholder engagement, ongoing education and stewardship. To learn more, please visit the Company website at

http://www.southstarbatterymetals.com

.

This news release has been reviewed and approved by Richard Pearce, P.E., a "Qualified Person" under National Instrument 43-101 and President and CEO

of South Star Battery Metals.

On behalf of the Board,

Mr.

Richard Pearce

Chief Executive Officer

Twitter:

https://twitter.com/southstarbm

Facebook:

https://www.facebook.com/southstarbatterymetals

LinkedIn:

https://www.linkedin.com/company/southstarbatterymetals/

YouTube

:

South Star Battery Metals - YouTube

CAUTIONARY STATEMENT

Neither the 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 press release.

This news release and the Updated Technical Report contain references to inferred resources. The Report is preliminary in nature and includes inferred

mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be

categorized as mineral reserves.

FORWARD-LOOKING INFORMATION

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements

relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements

that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact

and may be "forward-looking statements".

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the

forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks

related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock

exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of

feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral

deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility

and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks

related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the

Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results

may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking

statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to

reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

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SOURCE

South Star Battery Metals Corp.

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%SEDAR: 00008575E

For further information:

CHF Capital Markets (IR Canada), Cathy Hume, CEO, Phone: +1 416-868-1079 x 251, Email: [email protected]; RBMG - RB Milestone

Group LLC (IR US), Trevor Brucato, Managing Director, Email: [email protected]; Mr. Dave McMillan, Chairman, Email: [email protected]

CO: South Star Battery Metals Corp.

CNW 07:12e 24-NOV-21