Arctic Fox Lithium Announces Share Consolidation and Private Placement

VANCOUVER, BRITISH COLUMBIA — November 14, 2025 — Leads & Copy — Arctic Fox Lithium Corp. will consolidate its issued and outstanding common shares on the basis of one new share for every ten existing shares, the company announced November 13th.

The consolidation was approved by the Board of Directors on November 10, 2025. The record date for the consolidation has been set as November 18, 2025, with trading of the post-consolidation shares expected to begin on or about November 18 2025, subject to final acceptance by the Canadian Securities Exchange (CSE).

The company believes the consolidation will help position it to appeal to a broader base of investors and enhance its capital markets profile.

Following the consolidation, the company’s name and ticker symbol will remain unchanged, while its new CUSIP and ISIN numbers will be 03967C207 and CA03967C2076, respectively.

As of the date of this news release, the company has 70,467,381 common shares issued and outstanding. Upon completion of the Consolidation, Arctic Fox Lithium Corp. will have approximately 7,046,738 common shares outstanding, subject to rounding. No fractional shares will be issued; any resulting fractional share will be rounded down to the nearest whole share.

The exercise or conversion terms of all outstanding warrants, stock options, and other convertible securities will be proportionally adjusted to reflect the consolidation ratio. A letter of transmittal will be provided to registered shareholders holding certificates or direct registration statements outlining the process for exchanging their pre-consolidation shares for post-consolidation shares.

Shareholders who hold their shares through a broker or other intermediary will have their accounts automatically updated in accordance with the intermediary’s procedures.

The company also announced its intention to complete a non-brokered private placement of up to 1,000,000 common shares at CAD$0.10 per share (on a post-consolidation basis) for a target amount of up to CAD$100,000. All shares issued pursuant to the private placement will be subject to a hold period of four months plus one day from the date of issuance and the resale rules of applicable securities legislation.

The closing of the private placement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals. The company may close the offering in one or more tranches. Insider participation is not anticipated at this time. The proceeds from the private placement will be general working capital.

In connection with the private placement, the company may pay finder’s fees to qualified nonrelated parties, in accordance with the policies of CSE.

The company has also entered into debt settlement agreements to settle outstanding debts owed to certain arm’s length creditors totaling an aggregate of CAD $349,935. Pursuant to the settlement agreements, the Company has agreed to issue an aggregate of 3,499,350 common shares ata deemed price of CAD $0.10 per share (on a consolidated basis), subject to the approval of the CSE.

The board of directors of the company determined that it is in the best interests of the company to complete the debt settlement in order to preserve the company's cash for working capital.

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

For further information, please contact Harry Chew, President, CEO at (604) 689-2646.

Harry Chew
President & CEO
Arctic Fox Lithium Corp.

Source: Arctic Fox Lithium Corp.