Arctic Fox Lithium Clarifies Terms of Private Placement

VANCOUVER, BRITISH COLUMBIA — November 15, 2025 — Leads & Copy — Arctic Fox Lithium Corp. has clarified and corrected the terms of its non-brokered private placement, initially announced on November 13, 2025.

Instead of the previously disclosed intention to complete a private placement of up to 1,000,000 common shares, the company now plans to undertake a non-brokered private placement of up to 1,500,000 units at CAD$0.10 per unit, aiming to raise gross proceeds of up to CAD$150,000.

Each unit will comprise one common share and one common share purchase warrant. A warrant will allow the holder to acquire one additional share at CAD$0.12 per share for 24 months from the issuance date.

All other terms of the private placement remain unchanged. Securities issued will be subject to a four-month hold period plus one day, following applicable securities laws.

The closing of the private placement is contingent upon regulatory approvals and other conditions.

Arctic Fox Lithium Corp. is a junior mineral exploration company focused on acquiring and developing mineral properties containing battery, base, and precious metals. Its Pontax North Lithium Project, spanning 2,756 hectares, is located 12 km south of Allkem Ltd.'s James Bay Lithium Project and 12 km north of Stria Lithium Inc.’s Pontax Lithium Project in northern Québec, approximately 130 km east of the Eastmain Cree Nation’s community.

Harry Chew, President and CEO of Arctic Fox Lithium Corp., can be contacted for further information at (604) 689-2646.

“Harry Chew”

Harry Chew
President & CEO
Arctic Fox Lithium Corp.

Twitter: https://twitter.com/arcticfoxLi
LinkedIn: https://www.linkedin.com/company/arcticfoxlithium
Facebook: https://www.facebook.com/arcticfoxlithium
Instagram: https://www.instagram.com/arcticfoxlithium
YouTube: https://www.youtube.com/@arcticfoxlithium

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release contains forward-looking information subject to risks, uncertainties, and other factors that could cause actual results to differ materially. The Company undertakes no obligation to update forward-looking information except as required by law. Risk and uncertainty information is available in the Company’s filings with Canadian securities regulators at www.sedarplus.ca

/Not for distribution to U.S. news wire services or for dissemination in the United States/

Contact: Harry Chew, President, CEO Phone: (604) 689-2646

Source: Arctic Fox Lithium Corp.