Toronto, Ontario–(Newsfile Corp. – May 28, 2026) – First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) (“First Lithium” or the “Company“) is pleased to announce that, further to its press release dated May 25, 2026 in respect of its non-brokered private placement under the listed issuer financing exemption (the “Offering“) of (i) up to 44,856,810 non-flow-through units of the Company (each, a “NFT Unit“) at a price of $0.11 per NFT Unit for aggregate gross proceeds of up to approximately $4,934,249, and (ii) up to 3,333,333 flow-through units of the company (each, a “FT Unit“) at a price of $0.15 per FT Unit for gross proceeds of up to approximately $500,000, the Company has filed an amended offering document (the “Amended Offering Document“) dated May 28, 2026 related to the Offering which includes Quebec as an offering jurisdiction. The Amended Offering Document can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s website at: www.firstlithium.ca. Prospective investors should read the Amended Offering Document before making an investment decision.
The terms of the Offering remain the same as previously announced in the Company’s press release dated May 25, 2026.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
About First Lithium
First Lithium Minerals is a Canadian mineral exploration and development company. The Company is exploring for lithium and alkali metals at its 100%-owned Ascotan Project comprised of approximately 1,775 ha of mineral exploration concessions at the Salar de Ascotan in the Antofagasta Region of northern Chile. Two property-wide geophysical surveys identified priority exploration drill targets for potential brine mineralization. The Company is currently planning its inaugural drilling program pending obtaining required permits, licences, and agreements. The Company is also exploring for gold and critical metals at its 100%-owned Lidstone Project comprised of 10,674 ha of mining claims in northwestern Ontario, Canada. Additional information about the Company is available on the Company’s website: www.firstlithium.ca.
For further information please contact:
First Lithium Minerals Corp.
40 King Street West, Suite 2400
Toronto, Ontario M5H 3Y2
Tel: 416-402-2428
Email: rob@firstlithium.ca
Cautionary Statement Regarding Forward-Looking Information
This news release contains certain “forward-looking information” within the meaning of Canadian securities legislation, including, but not limited to, statements regarding the Company’s plans with respect to the Company’s projects and the timing related thereto, the merits of the Company’s projects, the Company’s objectives, plans and strategies, the Life Offering and the Concurrent Private Placement, the listing of the Common Shares on the CSE, the use of proceeds of the Offering and the Concurrent Private Placement and other matters. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,”, “strategy”, “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the CSE, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other agency or governmental clearances, necessary to carry out the Company’s exploration plans, risks of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval + (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
Not for distribution to United States newswire services or for dissemination in the United States
