TORONTO, Canada – May 24, 2022 – Li-Metal Corp. (the “Company” or “Li-Metal”) (CSE: LIM) (OTC Pink Market: LIMFF) (FSE:5ZO), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, today announced its participation in the following May and June investment and industry conferences:

IR Service Agreement

Li-Metal also announces that it has signed a marketing agreement on May 13, 2022, retaining Swiss Resource Capital (“SRC”) to provide digital, translation, news and communication services (the “Services”) to the Company. SRC has been engaged to heighten market and brand awareness for the Company and to broaden the Company’s reach within the European investment community.

SRC provides its services directly to the Company. SRC is contractually bound to comply with all applicable securities laws and the policies of the Canadian Securities Exchange (the “CSE”) in providing the Services.

On behalf of the Board
“Maciej Jastrzebski”
Maciej Jastrzebski
CEO and Director

About Li-Metal Corp.

Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next-generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy-dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information, visit: www.li-metal.com.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Li-Metal Investor Contact:

Salisha Ilyas

ir@li-metal.com

Tel: +1 647 494 4887

Media Contact

Harry Nicholas

Li-MetalPR@icrinc.com

Advisory board strengthened with addition of former AMG executive Hoy Frakes Jr.

TORONTO, Canada – May 2, 2022 – Li-Metal Corp. (the “Company” or “Li-Metal”) (CSE:LIM) (OTC Pink Market: LIMFF) (FSE:5ZO), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, today announced the appointments of Dr. Jonathan Goodman as Chief Scientist and Mr. Hoy Frakes Jr. as Advisor to the Company’s Board, effective immediately.

Jonathan Goodman is a battery materials innovator, entrepreneur and strategic leader and has significant experience in battery materials development and intellectual property (IP) law. At Li-Metal, he will oversee scientific functions and product development programs, as well as IP creation and protection.

In 2021, Dr. Goodman founded Metal Lab Ventures, a battery materials start-up focused on developing and commercializing silicon anode materials for use in lithium-ion batteries. At Metal Lab Ventures, he built a fully functional and scalable, materials chemistry laboratory, where he conducted material production trials. Prior to founding Metal Lab Ventures, Dr. Goodman held progressively senior positions at Nanostar Inc. (dba/Advano), a battery and materials start-up focused on developing and scaling silicon nanoparticles, most recently serving as Senior Vice President of Intellectual Property, Strategy and Contracts. Dr. Goodman is also a licensed attorney, in the state of Illinois, with extensive patent and intellectual property experience.

Prior to working in materials development and law, Dr. Goodman served as assistant professor of chemistry at Vanderbilt University and worked alongside Nobel Prize recipient (2005) Professor R. Schrock as a post-doctoral research assistant at the Massachusetts Institute of Technology. He holds a Bachelor of Science from the University of Delaware, a Doctor of Philosophy in Chemistry from the University of Illinois at Urbana Champaign, and a Juris Doctor from the Chicago-Kent College of Law, Illinois Institute of Technology.

Li-Metal is also pleased to welcome Hoy Frakes Jr. to the Company’s Advisory Board. Mr. Frakes is a highly experienced international management executive with over 40 years of experience identifying and solving highly complex industrial problems, including supply chain, mining, extraction, manufacturing, capital projects and environmental disciplines. Mr. Frakes has held progressively senior roles with Advanced Metallurgical Group (AMG), most recently serving as President of AMG Vanadium. Prior to joining AMG, he held operational roles at: SPS Nonferrous Engineered Fasteners, Titanium Metals Corporation, Coopers and Lybrand, The Electron Corporation and CF&I Steel Corporation. Mr. Frakes has also served as a director for the Ohio Manufacturing Association (one year as Vice Chairman) and served on the Nevada State Emergency Response Commission. Before joining industry, Mr. Frakes was an officer in the United States Army – Corps of Engineers. He holds a Bachelor of Science in Metallurgical Engineering from the Colorado School of Mines and a Master of Business Administration from the University of Colorado.

“I am delighted to welcome Dr. Goodman and Mr. Frakes to the Li-Metal team,” said Maciej Jastrzebski, CEO and co-founder of Li-Metal. “Jon’s extensive experience in battery materials development will be instrumental to our continued development of next-generation metallic lithium anode products and our scale-up of anode production at the Company’s Rochester facility. Hoy’s operational expertise will be leveraged across the organization as we plan and implement industrial-scale production capacity and optimize functions. I look forward to working with both Jon and Hoy.”

About Li-Metal Corp.

Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next-generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy-dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information, visit: www.li-metal.com.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Li-Metal Investor Contact:
Salisha Ilyas
ir@li-metal.com
Tel: +1 647 795 1653

Li-Metal Media Contact:
Harry Nicholas
Li-MetalPR@icrinc.com

Funding to accelerate the development of Li-Metal’s technologies in support of a sustainable domestic battery materials supply chain

TORONTO, April 29, 2022 – Li-Metal Corp. (CSE: LIM) (OTC Pink Market: LIMFF) (FSE: 5ZO) (“Li-Metal” or the “Company”), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, is pleased to announce that it has been granted CAD$1.9 million (“the Grant”), as part of a CAD$5.1 million joint project with Blue Solutions, awarded by Next Generation Manufacturing Canada (NGen), an industry-led organization supporting advanced manufacturing in Canada, to develop the Company’s lithium metal anode technologies.

“If we want to win business in the globally competitive EV market, Canada must invest in world-leading advanced manufacturing capabilities, in the cleanest, most cutting-edge technologies and processes,” said Jayson Myers, CEO, NGen. “That’s why NGen has co-invested with Li-Metal and Blue Solutions in game-changing technologies that will sustainably drive the next generation of EV batteries, resulting in cleaner, more efficient electric vehicles and driving new investment and employment opportunities for businesses across Canada.

“We are excited to receive NGen’s support as we continue to advance the development of lithium metal and anode technology,” stated Maciej Jastrzebski, co-founder and CEO. “Ultimately, this grant will help our mission to secure a more sustainable battery materials supply chain for North American next-generation battery makers, significantly advancing Li-Metal’s progress to automotive-grade commercial production.”

Through its previously announced joint development and commercialization agreement, Li-Metal will work with Blue Solution to advance the development, and test the performance of, the Company’s lithium metal anodes for the automotive market. The proceeds of the Grant will be used to support the commercialization of technologies for reprocessing of lithium metal and production of ultra-thin high-performance low-cost lithium metal anodes. This will enable Li-Metal to supply battery materials and components needed for product qualification – a key step before next-generation batteries can be used in electric vehicles.

Next Generation Manufacturing Canada (NGen)

NGen is the industry-led not-for-profit organization that leads Canada’s Advanced Manufacturing Supercluster. Its mandate is to help build world-leading advanced manufacturing capabilities in Canada for the benefit of Canadians. NGen works to strengthen collaboration among its membership of more than 4,500 manufacturers, technology companies, innovation centres, and researchers, and provides funding and business support to industry-led initiatives that aim to develop, apply, or scale-up transformative manufacturing solutions in Canada for commercialization in global markets.

On behalf of the Board

“Maciej Jastrzebski”

Maciej Jastrzebski

CEO and Director

About Li-Metal Corp.

Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information visit, www.li-metal.com.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Investor Contact

For more information on Li-Metal or to be added to the Company’s email distribution list, please contact:

Salisha Ilyas

ir@li-metal.com

Tel: 647-795-1653

Media Contact

Harry Nicholas

Li-MetalPR@icrinc.com

TORONTO, Canada – April 12, 2022 – Li-Metal Corp. (the “Company” or “Li-Metal”) (CSE:LIM) (OTC Pink Market: LIMFF) (FSE:5ZO), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, is pleased to provide a corporate and operational update.

Scale Up of Anode Production Facility

In January 2022, Li-Metal announced the completion and commissioning of its anode production facility in Rochester, New York. This facility, which shipped the Company’s first product, is currently operating, providing sample anode materials to prospective customers and supporting Li-Metal’s joint-development program with Blue Solutions. The capability to produce lithium metal anode product in the United States enables Li-Metal to provide customers with high performance ultra-thin anode materials quickly and without the need for costly and lengthy international shipping; this accelerates customer qualification processes and shortens the development cycle for next-generation batteries.

Construction of Lithium Metal Production Pilot Plant

Lithium metal production is a key element of the Company’s vertically integrated technology. Major equipment installation at Li-Metal’s lithium metal pilot facility, located in Markham, Ontario, has been completed, and the Company is preparing to complete hot-commissioning as early as next week, to be followed by initial pilot testing shortly thereafter. Li-Metal expects the plant to achieve initial operating capability in April, as opposed to March 2022 as originally planned.

Currently, lithium metal production is concentrated in China and conventional processes are not environmentally sustainable due to their production of chlorine gas. Li-Metal is developing a cleaner lithium metal production process and the ability to produce this critical material in-house from widely available feedstock (i.e. lithium carbonate) will give Li-Metal a strategic advantage and ensure that the Company can be a reliable local supplier, maintaining a secure supply-chain for customers.

“Li-Metal continues to invest in key capital projects that are important for the Company’s long term growth strategy and the future of North America’s next-generation battery supply chain,” commented Maciej Jastrzebski, CEO and co-founder. “So far this year, we have commissioned our anode production facility in Rochester, which already shipped its first ultra-thin anode products, and recently completed the equipment installation at our lithium metal production facility in Markham. These achievements, along with a strong cash balance, allow us to advance our strategy and take advantage of future growth opportunities as a leading domestic supplier of battery materials.”

“We are excited to be in the final stages of commissioning Li-Metal’s metal production facility. The team has worked tirelessly to overcome supply chain challenges to get the equipment installed. We have begun our start-up testing and expect to have the metal pilot facility operational in April. This will be a significant step for us and enable Li-Metal to complete its piloting program – a key milestone on the way to becoming a local lithium metal supplier in North America.”

IR Services Agreements

Li-Metal announces that, after having received independent legal advice, the marketing and investor relations contract with First Marketing GmbH (“First Marketing”) concerning the provision of investor relations and marketing services in the German-speaking region (Germany, Austria and Switzerland) is terminated as of April 11, 2022. As a result, the final payment of €500,000 that was to be paid on April 1, 2022 will not be made.

The Company recently became aware of investigations in Germany implying allegations of securities law breaches involving First Marketing and its principals. The Company is not part of any investigation, but is seeking further information from the relevant authorities, and conducting an internal review of the situation, including the disclosures involving the Company made by First Marketing.

Li-Metal also announces that it has signed a marketing agreement on April 11, 2022, retaining Hybrid Financial Ltd. (“Hybrid”) to provide investor relations services (the “Services”) to the Company. Hybrid has been engaged to heighten market and brand awareness for the Company and to broaden the Company’s reach within the investment community both in Canada and the United States.

Hybrid provides its services directly to the Company. Hybrid is contractually bound to comply with all applicable securities laws and the policies of the Canadian Securities Exchange (the “CSE”) in providing the Services.

Hybrid has been engaged by the Company for an initial period of six months (the “Initial Term”), which shall be renewed automatically for successive three-month periods thereafter, unless terminated by the Company. Hybrid will be paid a monthly fee of $15,000, plus applicable taxes. None of Hybrid or its principals have an interest, directly or indirectly in the Company or its securities, and act at arm’s length to the Company.

About Li-Metal Corp.

Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next-generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy-dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information, visit: www.li-metal.com.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Li-Metal Investor Contact:

Salisha Ilyas

ir@li-metal.com

Tel: +1 647 795 1653

Li-Metal Media Contact:

Harry Nicholas

Li-MetalPR@icrinc.com

Trading under the ticker “LIMFF” on the OTC Pink Market

TORONTO, Canada – April 4, 2022 – Li-Metal Corp. (the “Company” or “Li-Metal”) (CSE:LIM) (FSE:5ZO), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, is pleased to announce that it has been approved to trade in the United States on the OTC Pink Market (the “OTC Pink”), a U.S. trading platform that is operated by the OTC Markets Group in New York. The Company trades on the OTC Pink under the symbol “LIMFF”.

“Li-Metal’s growing presence in the United States, through the commissioning of our U.S. anode production facility, makes our OTC listing and DTC eligibility a natural and important step in our capital markets strategy,” commented Maciej Jastrzebski, CEO and co-founder of Li-Metal. “We are thrilled to be part of trading and settlement platforms that makes it easier for U.S. investors to access and invest in Li-Metal, giving them exposure to the emerging battery materials sector.”

DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies. “DTC eligible” securities can be electronically cleared and settled through the DTC. Having DTC eligibility enables Li-Metal’s common shares to be distributed, settled, and serviced through DTC’s automated processes, allowing for a more streamlined trading process in the U.S.

The Company’s common shares will continue to trade on the Canadian Securities Exchange under the symbol “LIM” and on the Frankfurt Stock Exchange under the ticker “5Z0.”

On behalf of the Board

“Maciej Jastrzebski”

Maciej Jastrzebski

CEO and Director

About Li-Metal Corp.

Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next-generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy-dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information, visit: www.li-metal.com.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Li-Metal Investor Contact:

Salisha Ilyas

ir@li-metal.com

Tel: +1 647 795 1653

Li-Metal Media Contact:

Harry Nicholas

Li-MetalPR@icrinc.com

TORONTO, Ontario – March 22, 2022 – Li-Metal Corp. (CSE: LIM) (FSE: 5ZO) (“Li-Metal” or “the Company”), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, today announced the appointment of Keshav Kochhar to the role of Chief Operating Officer (COO), effective immediately.
Mr. Kochhar, a seasoned operator having led and co-founded Lacero Solutions, has significant experience in various chemical industries and clean technology with a strong track record in operations and project management. Mr. Kochhar joined Li-Metal in 2021 as General Manager, Operations and Capital Projects. In his new role, Mr. Kochhar will oversee the Company’s operational and capital budgets, strategic growth planning, as well as the buildout, commissioning and operations of Li-Metal’s commercial-scale facilities.

“We are thrilled to promote Keshav to the role of COO,” said Maciej Jastrzebski, Li-Metal’s co-founder and CEO. “Keshav is a proven leader and he will play an important role in supporting the development and commercialization of our technologies. This appointment comes at a critical inflection point in our growth trajectory as we ramp up production at our recently commissioned roll-to-roll anode pilot plant in Rochester, New York and finish the build out of our operations in Markham, Ontario, where we expect to complete piloting of our lithium metal production process this year.”

“Li-Metal represents a significant and exciting opportunity in the evolving next-generation battery supply chain,” said Mr. Kochhar. “I look forward to leveraging my experience and capabilities in my new role as we ramp up production and deploy our high-quality lithium metal materials into the battery market.”
Prior to joining Li-Metal in 2021, Mr. Kochhar held the role of CEO and co-founder of Lacero Solutions, a clean technology firm focused on the safe destruction and recycling of airbags. Under Mr. Kochhar’s guidance, Lacero Solutions has safely destroyed 350,000 airbags and recovered 825,000 lbs of recyclable material to date. Mr. Kochhar began his career as a field engineer at Howe Sound Pulp & Paper, where he was involved in managing bottlenecks in the plant and increasing daily throughput. Following this role, he moved to PeroxyChem, leading many safety and process improvement projects to help increase throughput and reduce production costs.

Mr. Kochhar holds a Bachelor of Applied Science in Chemical Engineering from the University of British Columbia.

On behalf of the Board
“Maciej Jastrzebski”
Maciej Jastrzebski
CEO and Director

About Li-Metal Corp.
Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next-generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy-dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information, visit: www.li-metal.com.

Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Li-Metal Investor Contact:
Salisha Ilyas
ir@li-metal.com
Tel: +1 647 795 1653

Li-Metal Media Contact:
Harry Nicholas
Li-MetalPR@icrinc.com

Li-Metal to Collaborate with Leading Commercial Producer and Developer of Lithium Metal All-Solid-State Batteries

TORONTO, Canada – February 28, 2022 – Li-Metal Corp. (CSE: LIM) (FSE: 5ZO) (“Li-Metal” or the “Company”), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, announced today that it has signed a Joint Development and Commercialization Agreement (“JD/CA”) with Blue Solutions, the largest producer of solid-state lithium metal batteries.

The JD/CA will help significantly advance the development of Li-Metal’s high-performance low-cost lithium metal anode technologies and Blue Solutions’ solid-state batteries to be used in passenger electric vehicles (EVs). The JD/CA marks a strategic milestone for Li-Metal as it moves toward product testing and qualification, ensuring the adoption of its anode technologies in next-generation batteries.

“Blue Solutions is the only manufacturer in the market today producing and selling an all-solid-state lithium metal battery for real-life applications running on every continent, and this JD/CA will further enable Li-Metal to pioneer lithium metal anode technologies in next-generation batteries for the EV industry,” said Maciej Jastrzebski, Li-Metal co-founder and CEO. “The partnership combines Li-Metal’s high-performance low-cost sustainable lithium anode technologies with the know-how of a proven solid-state battery producer, and together, we will develop next-generation battery anodes that are more cost-effective, have increased performance and are more environmentally sustainable.”

“We are proud to bring to this joint-development decades of experience with manufacturing and use of a metallic lithium anode in our unique Lithium-Metal-Polymer (LMP®) battery, still today and for over 20 years, the only All-Solid-State-Battery (ASSB) technology commercialized in the world,” declared Alain Vallée, Blue Solutions Canada General Manager, whose team based near Montreal will work directly with Li-Metal on this endeavor. “We have the greatest confidence in the talent for innovation that the Li-Metal team will bring to this common development that will contribute in solidifying our position as the world leader in lithium metal anode design and production. We plan to qualify this upcoming optimized ultra-thin lithium metal anode to improve our current battery production as well as our next generation batteries in development for passenger EVs.”

The successful collaboration between Li-Metal and Blue Solutions is expected to be followed by the construction and operation of a full-scale anode plant, initially capable of producing between 100-300 MWh of anode materials per year in 2023, bringing the Li-Metal closer to commercial readiness.

On behalf of the Board

“Maciej Jastrzebski”

Maciej Jastrzebski

CEO and Director

About Li-Metal Corp.

Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next-generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy-dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information, visit: www.li-metal.com.

About Blue Solutions

Based in France (Brittany) and in Canada (Montreal-area), Blue Solutions is the wholly owned subsidiary of Bolloré SE that brings together all the Bolloré Group’s energy storage activities. Blue Solutions develops and produces batteries based on its own unique Lithium Metal Polymer (LMP®) technology. Over more than 20 years of R&D and building on its expertise in ultrafine papers, plastic films and capacitors, the Group has developed all-solid-state cells and batteries. These batteries are able to satisfy the requirements of a number of markets and provide viable answers to the two main challenges of the energy transition: the development of clean transport and the smart management of energy. For more information, visit: www.blue-solutions.com

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Li-Metal Investor Contact:

Salisha Ilyas

ir@li-metal.com

Tel: +1 647 795 1653

Li-Metal Media Contact:

Harry Nicholas

Li-MetalPR@icrinc.com

Blue Solutions Contact:

Aurore Christy

Aurore.christy@blue-solutions.com

Shahan SHEIKHOLESLAMI

shahan@dgm-conseil.fr

Tel : +33 6 26 28 62 79

TORONTO, Canada – February 8, 2022 – Li-Metal Corp. (CSE: LIM) (“Li-Metal” or the “Company”), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, announced today that it has shipped its first batch of lithium metal anode product to a battery developer customer. This batch of product was produced at the Company’s newly commissioned roll-to-roll anode plant in Rochester, New York, which produces lithium anode materials for next-generation battery makers (see news release dated January 13, 2022). Li-Metal’s ultra-thin metallic lithium anode aims to reduce the cost of next-generation batteries while improving their energy density.

“We are pleased to announce that lithium anode material from Li-Metal’s newly commissioned anode production facility has been shipped,” said Li-Metal co-founder and CEO, Maciej Jastrzebski. “We are continuing to ramp up production capacity to meet the supply needs of the many battery developers we are working with to establish ourselves as the preeminent mid-stream supplier in the next-generation battery supply chain.”

The Company’s anode production plant facility, which was commissioned in January 2022, has the ability to supply lithium anode product to next-generation battery makers and to produce lithium anode material in the quantities needed for product qualification. The facility establishes key infrastructure needed to support the next-generation battery ecosystem, which offers the capacity to produce thousands of large pouch cells per year.

On behalf of the Board

“Maciej Jastrzebski”

Maciej Jastrzebski

CEO and Director

About Li-Metal Corp.

Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information visit, www.li-metal.com.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Investor Contact

For more information on Li-Metal or to be added to the Company’s email distribution list, please contact:

Salisha Ilyas

ir@li-metal.com

Tel: 647-795-1653

Media Contact

Harry Nicholas

Li-MetalPR@icrinc.com

TORONTO, Canada – January 31, 2022 – Li-Metal Corp. (CSE: LIM) (“Li-Metal” or the “Company”) today announced the implementation of the split of its share capital on a four-for-one basis, increasing its issued and outstanding shares to 154,953,828 (the “Share Split”). Shareholder authorization to effect the Share Split was approved pursuant to a special resolution passed by shareholders on January 26, 2022 (see news release dated January 6, 2022). In accordance with the constating documents of the Company and the aforementioned shareholder approval, the board of directors of the Company passed a resolution authorizing the Share Split.

The Company anticipates its shares will trade on a post-Share Split basis on the Canadian Securities Exchange (“CSE” or the “Exchange”), as of February 2, 2022. Further details with respect to the Share Split are contained in the Company’s management information circular dated December 23, 2021, a copy of which is available on SEDAR.

The exercise price and number of shares of the Company issuable upon the exercise of any outstanding stock options, or other convertible securities will be proportionately adjusted to reflect the Share Split. No fractional post-Share Split common shares will be issued.

Appointment of Colin Farrell to the Board

Li-Metal is also pleased to announce the appointment of Mr. Colin Farrell to the board of directors. Mr. Farrell’s nomination was also approved by shareholders during the January 26, 2022 special meeting of shareholders.

Mr. Farrell previously served as an advisor to the Company’s advisory board and brings with him over 40 years of wide professional experience, including commercial, technical and policy, leadership experience. He has successfully started up and led several tax and non-tax teams in various groups at PwC. Until his retirement from PwC in 2018, Mr. Farrell was a member of PwC’s Hong Kong and China disruption and investment group, PwC’s Tax Policy Panel, PwC’s China/Hong Kong advisory committee on insurance and human resources matters, PwC Hong Kong’s Foundation and PwC Hong Kong/China’s Corporate Responsibility committee, and on a major multinational corporation’s global tax advisory council. He was also a member of PwC China/Hong Kong’s Future of Tax committee.

In addition, Mr. Farrell has leadership and start-up involvement in Hong Kong and China in human resources, corporate recovery, and cross-discipline teams. He has a broad range of client experience in tax and non-tax consulting and execution matters such as market entry, e-commerce strategy, human resources, board information needs and property disposals. Other work experience includes secondments to government and industry, deal experience, and leading system design and implementation projects cross-territory and other major change management leadership.

“We are excited to have Colin join the Li-Metal board as we deepen our reporting and tax capability at the highest level, in preparation to advance our lithium anode technologies towards product qualification and commercialization,” said Maciej Jastrzebski, Li-Metal co-founder and CEO. “We believe Colin’s background and extensive track record will be a valuable addition to the Board, and I look forward to working with him as we grow the Company and execute our strategy, creating further value for shareholders.”

New Timetable for Restricted Securities

In addition to the above-listed corporate events, the Company is also pleased to confirm a new timetable for the release of the Company’s escrowed securities. The new schedule was confirmed by the Exchange due to Li-Metal’s strengthened position, which has allowed the Company to meet higher financial and operating standards. The original release schedule outlined in the Company’s Listing Statement filed on SEDAR on November 2, 2021 has now been revised. The new timetable allows for 15% of escrowed securities to be released immediately, with an additional 25% of escrowed securities to be released every six (6) months. Ten percent of the original number of escrowed securities were released upon commencement of trading in November.

The Company currently has a total of 7,768,393 escrowed securities (7,008,062 shares and 760,331 options) in escrow, which are held by Li-Metal principals. Under the previous escrow release schedule, 10% of escrowed securities were released on November 3, 2021, when Li-Metal began trading on the CSE, which was to be followed by six subsequent releases of 15% each, every six months thereafter. The new timetable for the release of Li-Metal escrowed securities is as follows:

*Based on original number of securities presented in the Company’s Listing Statement on SEDAR.

On behalf of the Board

“Maciej Jastrzebski”

Maciej Jastrzebski

CEO and Director

About Li-Metal Corp.

Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy dense and safer batteries that are critical to tomorrow’s electric vehicles. For more information visit, www.li-metal.com.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Investor Contact

For more information on Li-Metal or to be added to the Company’s email distribution list, please contact:

Salisha Ilyas

s.ilyas@li-metal.com

Tel: 647-795-1653

US Based Facility Produces First Batch of Advanced Anode Sample Materials for North American Battery Developers

Establishes Key Infrastructure for North America’s Next-Generation Battery Supply Chain

TORONTO, January 13, 2022 – Li-Metal Corp. (CSE: LIM) (FSE: 5ZO) (“Li-Metal” or the “Company”), a leading developer of lithium metal anode and lithium metal technologies critical for next-generation batteries, announced today that its roll-to-roll anode pilot plant (the “Facility”) in Rochester, New York has been commissioned and has produced its first batch of lithium metal anode product.

The Facility represents a greater than tenfold expansion in the Company’s ability to supply lithium anode samples to next-generation battery makers and will be able to produce anode in the quantities needed for product qualification. The Facility establishes key infrastructure for the North American next-generation battery ecosystem, establishing capacity to produce thousands of large pouch cells per year.

The pilot plant will also facilitate future anode technology development, helping industrialize the Company’s second- and future-generation products and serving as an initial launching off point for the commercialization of next-generation battery technologies in North America.

“We are pleased to announce that our US based lithium anode production facility is now operational and has produced its first lithium metal anode sample material – on a wide format, roll-to-roll tool,” said Li-Metal’s co-founder and CEO, Maciej Jastrzebski. “This demonstrates our ability to execute on our commercialization strategy to entrench our anode technology, supplying next-generation battery developers with high-quality sample anode materials as they move their products through sampling and qualification stages with automakers and other end users, which significantly increases our ability to secure off-take agreements with battery developers.”

The Facility’s first product is an ultra-thin metallic lithium anode that aims to reduce the cost of next-generation batteries while improving their energy density. Li-Metal will be sending this first batch of lithium metal anode sample products for testing to ensure it meets the quality standards and required specifications of next-generation battery developers.

To meet rapidly growing demand and the need for superior lithium anode material, Li-Metal expects to reach commercial scale production by 2025. As electrification continues to gain momentum, the adoption of next-generation batteries will accelerate and electric vehicle (EV) manufacturers will seek high-performance next-generation batteries to power more cost-effective, longer-range and safer EVs. The need for high-performance anodes is expected to surge as total demand for lithium-ion batteries is expected to exceed 2.6 TWh per year, according to BloombergNEF and total annual EV production is expected to exceed 30 million vehicles per year. Major global EV manufacturers including BMW, GM and Volkswagen are expected to advance next-generation batteries to product qualification for future EVs in the coming years – sufficient lithium metal anode production will be critical to clearing this hurdle.

Fully commissioned roll-to-roll lithium anode production equipment at Rochester, NY site

First metallic lithium anode product from pilot anode plant

On behalf of the Board

“Maciej Jastrzebski”

Maciej Jastrzebski

CEO and Director

About Li-Metal Corp.
Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next generation batteries. Our production methods are significantly more sustainable than existing products and offer lighter, more energy dense and safer batteries that are critical to tomorrow’s electric vehicles.
For more information visit, www.li-metal.com.

Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company. Any such forward-looking statements may be identified by words such as “expects”, “anticipates”, “believes”, “projects”, “plans” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company’s strategic plans are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the development of the business of the Company will be completed as described above. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.

Investor Contact
For more information on Li-Metal or to be added to the Company’s email distribution list,
please contact:

Salisha Ilyas
ir@li-metal.com
647-795-1653