Lithium Lion Metals Inc. announced that it has entered into an arm's length property option agreement (the" Agreement") as of November 30, 2023 (the "Effective Date"), pursuant to which it has the option to acquire a 100-per-cent interest in 59 mining claims covering approximately 3,107 hectares in Bartouille and Ducros Townships in Quebec. Lithium Lion entered into the Agreement on November 30, 2023 with Mosaic Metals Corporations ("Mosaic"). Pursuant to the Agreement, Lithium Lion can exercise its option to acquire a 100% interest in the 113N Project (the "Project") by completing the following milestones on or before the indicated dates.