Edison Lithium Provides Further Update on Sale of Interest in Resource Ventures S.A.

Vancouver, British Columbia–(Newsfile Corp. – June 30, 2025) – Edison Lithium Corp. (TSXV: EDDY) (OTC Pink: EDDYF) (FSE: VV0) (“Edison” or the “Company“) is pleased to provide an update on the previously announced proposed sale of its Argentina subsidiary, Resource Ventures S.A. (“ReVe“), to Mava Gasoil LLC (“Mava“) (the “Proposed Transaction“).

Further to its previous update dated June 3, 2025, the Company has agreed to grant Mava an additional extension of time to allow continued progress toward completion of the Proposed Transaction. The parties now anticipate closing of the Proposed Transaction to occur on or about September 30, 2025.

In consideration for the additional extension, Mava has agreed to pay a further advance deposit of USD$100,000, which will be credited against the total purchase price of USD$3,500,000 upon closing. The Company previously received an initial deposit of USD$100,000 and a USD$100,000 deposit in connection with the June 3, 2025 extension. Upon closing, Mava will pay the remaining balance of USD$3,000,000 to the Company, as well as USD$100,000 to each of the other two other shareholders of ReVe. As previously disclosed, the proposed transaction contemplates Mava acquiring all of the issued and outstanding shares of ReVe for total consideration of USD$3,500,000.

Completion of the Proposed Transaction remains subject to, among other conditions, TSX Venture Exchange final acceptance and receipt of the balance of the purchase price.

About Edison Lithium Corp.

Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, and other energy metal properties. The Company’s acquisition strategy is based on acquiring affordable, cost-effective, and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.

On behalf of the Board of Directors:

“Nathan Rotstein”

Nathan Rotstein
Chief Executive Officer and Director

For more information please contact:

Tel: 416-526-3217
Email: info@edisonlithium.com
Website: www.edisonlithium.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.