Alpha Lithium Corporation announced the option to acquire a 100% interest of a strategic, high-value property in Argentina's world class Salar del Hombre Muerto. The property is comprised of 985 hectares, which brings the Company's total landholdings in Hombre Muerto to 5,072 hectares. With this latest acquisition, Alpha has become one of the lithium developers in Salta Province's Hombre Muerto salar, second only to Korean giant, POSCO, who is expected to have a commercial plant producing in Hombre Muerto in 2023. The Company intends to commence drilling later this year after all necessary permits are obtained. As a result of in-country presence, knowledge and relationships, Alpha's Argentine team has firmly established the Company as a major property holder in Hombre Muerto, sharing the same salar with multi-billion-dollar companies such as POSCO, Galaxy Resources/Orocobre and Livent Corporation. Hombre Muerto is Argentina's best, and one of the world's most coveted, lithium brine salars, primarily due to: Significantly high average in-situ lithium concentrations, Naturally low levels of undesirable impurities, High permeability and flow rates from producing wells - Livent has over 20 years of production history from a small number of wells shallower than 100 meters, Extensive infrastructure resulting from being Argentina's only major producing salar for more than two decades, including international roadways, rail lines, airstrips, natural gas pipelines, electricity distribution and access to shipping facilities. The unique chemistry of the Hombre Muerto salar is ideal for the production of high quality, battery grade lithium. In exchange for the exploration rights covering the entire property, Alpha is to make option payments to the vendor according to the following schedule: $250,000 upon signing the Agreement, $250,000 paid 90 days from the signature date, $300,000 paid 180 days from the signature date, $300,000 paid 270 days from the signature date, $200,000 paid upon satisfactory completion of Alpha's exploration program.