Vision Lithium Options Red Brook Property to Osisko Metals

Vision Lithium Inc. (VLI) has granted Osisko Metals Incorporated an exclusive option to acquire a 100% undivided interest in the Red Brook Property located in New Brunswick. The property consists of 181 mineral claim units, covering approximately 3,982 hectares.

Under the terms of the agreement, Osisko is required to pay $400,000 in cash over three years, structured as $100,000 annually. Additionally, Osisko must issue 200,000 shares immediately and provide $250,000 worth of shares each year for the next three years. The company must also incur $600,000 in aggregate exploration expenditures over the three-year period. Furthermore, Osisko must assume an existing 2.0% net smelter returns (NSR) royalty, with the option to repurchase half of that royalty for $1,000,000.

Vision Lithium Inc. (VLI) has entered into a standard property option agreement that transfers exploration liability and potential upside to a junior partner. The transaction generates a cash inflow of $400,000, which is incremental but immaterial to the company's overall liquidity needs, constrained by a negative working capital position of $1,186,321. An equity component valued at $250,000 annually will cause dilution but is priced at Osisko's market value rather than Vision Lithium's, minimizing direct dilution to Vision Lithium shareholders.

The deal does not represent a sale of core assets, specifically the Sirmac, Godslith, or Cadillac properties, and does not materially alter the company's strategic focus on lithium exploration in Quebec and Manitoba. The market impact is expected to be neutral, as the transaction is routine for a pre-revenue exploration company looking to monetize non-core or secondary properties.

Vision Lithium Inc. (VLI) is a Canadian exploration company focused on lithium, cesium, and tantalum projects. Its flagship asset is the Sirmac Project in Quebec, located 40 km from road access. The property covers 7,750 hectares and holds NI 43-101 inferred and indicated resources totaling approximately 322,000 tonnes grading 0.63% Li2O.

The company has completed PEA-level metallurgical test work, achieving 99.99% pure lithium carbonate. Management has identified high-grade lithium-cesium-tantalum pegmatite dikes at Sirmac and plans to drill the SC, Central, and West zones in 2026.

Other assets include the Godslith Project in Manitoba, which holds historical resources; the Cadillac Project in Quebec, which is optioned; and various copper and zinc properties in New Brunswick.