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XPLR.V ·

Xplore Resources Engages Venture Liquidity Providers Inc. as Market Maker

Marketing Announcement

Xplore Resources Engages Venture Liquidity Providers Inc. as

Market Maker

VANCOUVER, BC, March 4, 2024 – Xplore Resources Corp . (TSX-V: XPLR) (“Xplore” or the

“Company”) announces that, subject to regulatory approval, it has retained Venture Liquidity Providers

Inc. (“VLP”) to provide assistance in maintaining an orderly trading market for the common shares of the

Company via market-making services to be undertaken through a registered broker, W.D. Latimer Co. Ltd.

(“WDL”), in compliance with the applicable policies of the TSX Venture Exchange and other applicable

laws.

In consideration for its services, the Company has agreed to pay VLP a monthly fee of $5,000 for a period

of 3 months, with automatic renewal for successive one-month terms. The agreement may be terminated at

any time by either the Company or VLP. VLP has no present interest, directly or indirectly, in the Company

or its securities. The financing and the shares requi red for the market-making service will be provided by

WDL. There are no performance factors contained in the agreement, and VLP will not receive any securities

of the Company as compensation.

VLP is a specialized consulting firm based in Tor onto providing a variety of services focused on TSX

Venture Exchange listed issuers.

About Xplore Resources

Xplore Resources is a North American lithium explor ation company listed on the TSX Venture Exchange

under symbol XPLR. The Company has a prospectiv e land package in the emerging Root Bay lithium

district located in northwest Ontario. Xplore’s flagship property is the Surge lithium project, on trend and

near two lithium deposits and just 25 m from a ne w lithium discovery. The Company is led by a highly

experienced management team with a strong track record of growing shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS,

Dominic Verdejo, CEO

Xplore Resources Corp.

For further information on Xplore, contact:

Telephone: 604-678-5308

Email: [email protected]

Website: www.xploreresources.com

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

Cautionary Note regarding Forward-Looking Statements

Statements contained in this press release that are not historical facts are “forward-looking information” or “forward-

looking statements” (collectively, “Forward-Looking Info rmation”) within the meaning of applicable Canadian

securities legislation and the United States Private Securities Litigation Reform Act of 1995. The words “anticipate,”

“significant,” “expect,” “may,” “will” and similar expressions are intended to be among the statements that identify

Forward-Looking Information. Forward-Looking Information is subject to known and unknown risks, uncertainties

and other factors that may cause actual results to differ materially from those implied by the forward-looking

information. In preparing the Forward-Looking Information in this news release, the Company has applied several

material assumptions, including, but not limited to, assump tions that general business and economic conditions will

not change in a materially adverse manner; that all requisite information will be available in a timely manner. Factors

that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the

exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical

difficulties, risks related to unforeseen delays; general ec onomic, market or business conditions, regulatory changes;

the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the

financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on

this Forward-Looking Information. The Company does not as sume the obligation to revise or update this Forward-

Looking Information after the date of this release or to revise such information to reflect the occurrence of future

unanticipated events, except as may be required under applicable securities laws.