Full Circle Lithium increases financing to $4.5-million

Mr. Carlos Vicens reports FULL CIRCLE LITHIUM UPSIZES NON-BROKERED PRIVATE PLACEMENT TO C$4.5 MILLION Full Circle Lithium Corp. has upsized its previously announced non-brokered private placement due to strong investor interest. The company has entered into an agreement with PowerOne Capital Markets Ltd. to act as the lead finder in connection with the upsized offering for aggregate gross proceeds of up to $4.5-million, increased from the original $3-million. The offering will consist of up to 22.5 million units of the company at a price of 20 cents per unit. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant shall entitle the holder to purchase one additional common share of the company at a price of 30 cents at any time on or before the date that is 24 months after the closing date (as defined below), subject to acceleration in the event the closing price of the common shares is at least 80 cents for a period of not less than 20 consecutive trading days. The offering is being made to purchasers in Canada pursuant to the listed issuer financing exemption (LIFE) under Part 5A of National Instrument 45-106, Prospectus Exemptions. The securities issued under the offering will not be subject to a hold period in accordance with applicable Canadian securities laws. The offering will also be conducted in the United States and certain foreign jurisdictions pursuant to applicable regulatory requirements and in accordance with OSC Rule 72-503, Distributions Outside Canada. The company has filed an amended and restated offering document related to the offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective Canadian investors should read the amended and restated offering document before making an investment decision. The company expects to use the net proceeds of the offering for product development, intellectual property protection, training centre development and working capital requirements. Closing of the offering is expected to occur on or about Aug. 27, 2025, or such other date as the company may decide, and remains subject to the company obtaining all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange. The company may pay finders' fees in connection with the offering in accordance with the policies of the TSX-V. About Full Circle Lithium Corp. Full Circle Lithium has developed an innovative lithium-ion battery fire-extinguishing agent named FCL-X to address the increasing number of difficult-to-extinguish and hazardous lithium-ion battery-based fires. FCL-X is a non-hazardous fire extinguishing agent specifically designed to combat lithium-ion cell and/or battery fires. A water-based solution, FCL-X has been tested by third party laboratories, as well as on live battery fires, on both small and industrial-scale fires, and has proved that it mitigates the lithium oxidation reaction, limiting hydrogen generation and stabilizing decomposing electrolytes. FCL-X is easy to use, with fast heat dissipation, minimal clean-up and non-hazardous properties, making it a sustainable choice. Full Circle Lithium has gathered a leading technical team with over 100 years of combined lithium, fire, and safety training and firefighting experience. We seek Safe Harbor.