Edison Lithium Terminates Proposed Sale of Interest in Resource Ventures S.A.

Executive Summary

• Edison Lithium Corp. terminated the previously announced proposed sale of its Argentina subsidiary, Resource Ventures S.A. (“ReVe”), to Mava Gasoil LLC due to Mava’s inability to raise required funds.
• The termination leaves Edison evaluating alternative buyers for ReVe and may impact near‑term liquidity and strategic positioning.
• Future disposition of ReVe remains subject to customary conditions, including negotiation of a definitive agreement and regulatory approvals.

Key Details

• Proposed Transaction: Sale of ReVe (Argentina subsidiary) to Mava Gasoil LLC – now terminated.
• Reason for Termination: Mava Gasoil LLC could not secure the financing needed to complete the transaction.
• Current Status: Edison is actively reviewing alternatives and engaging with other prospective buyers for ReVe.
• Future Transaction Conditions: Any subsequent sale will require negotiation of a definitive agreement, shareholder/board approval, and acceptance by the TSX Venture Exchange.
• Impact: The termination removes an expected cash inflow; potential delay in monetizing ReVe assets may affect short‑term capital resources.

Notable Quotes

“The Company continues to evaluate alternatives for ReVe and is in discussions with other prospective buyers.” – Nathan Rotstein, Chief Executive Officer and Director

Materiality Assessment: Material – Negative** (termination of a previously announced asset sale represents a material adverse development affecting the company’s strategic and financial outlook).