NOA Lithium Brines Inc. announced the appointment of founder and existing Board member Hernan Zaballa as Executive Chairman of the company. Current President and CEO Taj Singh will move to the role of Strategic Advisor and will also continue on as the Company's Qualified Person (QP). These changes will take effect on September 1, 2023.

This planned transition is aligned with the Company's increasing levels of activities in Argentina and the technical advancement of its projects. The Company plans to accelerate its drill program on the Rio Grande project in order to deliver a maiden resource estimate in the first half of 2024 as well as kick-off an initial drill program at the Company's Arizaro project over the next few months. Mr. Zaballa is residents of Argentina with significant in-country experience and have been directing operations in Argentina for the Company to date.

Mr. Zaballa is a senior partner at Zaballa Carchio Abogados in Buenos Aires, Argentina, with over 30 years of legal experience focused primarily on the mining industry. Mr. Zaballa has served on the local Board of Directors for companies such as Barrick Gold Corporation, Pan American Silver Corporation, Northern Orion Resources Inc., and Penoles. Over the past 7 years, he successfully co-founded Huayra Minerals Corp.

and Abrasilver Resource Corp. Mr. Zaballa is the former Executive Chairman and current Board member at AbraSilver Resource Corp. and is currently a Vice-President and Board member at Minera Exar SA.