SHAREHOLDERS UPDATE

Lithium Chile issued a shareholder update on April 21, 2021, providing an overview of the company's current asset portfolio and exploration activities. The company's primary focus remains its extensive lithium property portfolio, which encompasses 71,900 hectares across sections of 10 salars and two laguna complexes throughout Chile. This substantial land position positions the company strategically within Chile's lithium triangle, one of the world's most prolific lithium-producing regions.

Beyond its lithium-focused assets, Lithium Chile maintains a diversified exploration portfolio that includes five additional properties prospective for precious and base metals. These properties are being explored for gold, silver, and copper mineralization, providing the company with exposure to multiple commodity sectors and potential revenue streams.

The company continues to advance exploration efforts across its property portfolio, though specific details regarding recent drilling results, resource estimates, or development timelines were not provided in this brief update. The timing of this shareholder communication suggests the company is maintaining regular investor relations activities and transparency regarding its asset base and ongoing exploration programs.

For the broader lithium sector, Lithium Chile's substantial land holdings in Chile represent a significant exploration and development opportunity, particularly given the increasing global demand for lithium driven by electric vehicle adoption and energy storage applications. The company's diversified commodity exposure through its gold, silver, and copper properties also provides potential upside in traditional mining sectors.