ACME Lithium Inc. announced the recently received sample results from the August surface sampling and prospecting program at its Bailey Lake pegmatite project in northeastern Saskatchewan. The program has successfully identified numerous boulder and outcrop samples exhibiting anomalous lithium grades as well as other elevated LCT (lithium-cesium-tantalum) pegmatite indicator elements. The results are the highest ever sampled in the region and highlight the significant potential for high-grade mineralization within the project area.

Additional area to the southwest hosting pegmatites exhibiting anomalous Tantalum values. Detailed Airborne Magnetic+Radiometric+Lidar survey completed over 7975 Ha of the property which will assist in further defining priority areas. ACME Lithium has acquired or in under option to acquire a 100% interest in 18 contiguous mineral claims encompassing approximately 41,694 hectares (or 416 square kms).

The initial data has indications that these Li-bearing boulders are near source and elevated Li and Ta values in outcrop samples further support this theory. About 5 km to the southwest, sampling has identified another prospective area showing high Ta values in the pegmatites with numerous samples over 100 ppm Ta. The company's technical team will be further analyzing and interpreting the data from the assay results in combination with the recently received geophysics to further refine exploration targets for further work.

Saskatchewan is a highly prospective region for critical mineral development. The Government of Saskatchewan recently announced an expansion to its existing investment and innovation incentive programs to include eligible lithium projects with the aim to become one of the best resource development jurisdictions in the world. The technical information in this news release has been reviewed and approved by Lynde Guillaume, P.Geo.

(Senior Geologist, Axiom Exploration Group Ltd.), a "Qualified Person" as defined in NI 43-101 - Standards for Disclosure for Mineral Projects.