Edison Lithium closes $557,875 private placement

Mr. Nathan Rotstein reports EDISON LITHIUM CLOSES PRIVATE PLACEMENT FINANCING Edison Lithium Corp. has closed its previously announced non-brokered private placement financing and issued an aggregate of 11,157,500 units at a price of five cents per unit for total gross proceeds of $557,875. Each unit is composed of one common share of the company and one common share purchase warrant, with each warrant entitling the holder thereof to acquire one additional share at an exercise price of eight cents per share for a period of two years from the date of issuance. The proceeds of the offering will be used to finance exploration activities on the company's projects and for general working capital purposes. Directors and officers of the company participated in the offering, acquiring 237,500 units for aggregate proceeds to the company of $11,875. Such participation is considered to be a related-party transaction as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The company is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation by such directors and officers in the offering does not exceed 25 per cent of the fair market value of the company's market capitalization, as calculated in accordance with MI 61-101. In connection with the offering, the company paid cash finders' fees of $32,000 and issued 640,000 non-transferable finder warrants, each exercisable to acquire one share at a price of eight cents until Feb. 9, 2028. All securities issued under the offering are subject to a statutory hold period expiring June 10, 2026, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The offering remains subject to final approval of the TSX-V. In addition, the company announces that it has granted an aggregate of 1.5 million stock options to certain directors, officers and consultants of the company pursuant to its stock option plan. Each option is exercisable to acquire one common share of the company at an exercise price of 10 cents per share for a period of five years from the date of grant, being Feb. 9, 2026. The options vest in full on the date of grant. The options were granted in accordance with the terms of the company's stock option plan and the policies of the TSX-V. Any shares issued upon the exercise of the options will be subject to a four-month hold period from the date of grant in accordance with the policies of the TSX-V and applicable securities laws. The grant of the options is subject to acceptance by the TSX-V. About Edison Lithium Corp. Edison Lithium is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The company's acquisition strategy is based on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry, and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metal space. We seek Safe Harbor.