BRIEF

on Full Circle Lithium Corp. (CVE:FCLI)

Full Circle Lithium Extends Private Placement Deadline

Full Circle Lithium Corp. (FCL), a U.S. manufacturer specializing in lithium-ion battery fire-extinguishing products, has extended the final acceptance date of its private placement offering. The TSX Venture Exchange (TSXV) has granted FCL an extension to finalize the offering documentation from August 3, 2026, to August 14, 2026.

The offer details remain unchanged and depend on the necessary regulatory approvals, including the TSXV's final approval. Securities involved in this offering have not been registered under the U.S. Securities Act of 1933, thereby limiting their sale within the United States without proper registration or exemption.

Additionally, FCL has clarified its incentive stock option plan and the new restricted share unit plan. These plans reserve 19,761,037 common shares for issuance, encapsulating 20% of issued shares at adoption. More comprehensive information is available in FCL's information circular dated April 2, 2026.

R. P.

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