Full Circle Lithium Amends Warrant Terms to Enhance Shareholder Value and Boost Market Confidence

Full Circle Lithium Adjusts Warrant Conditions

Full Circle Lithium Corp. (FCL), a prominent manufacturer based in the USA, recently declared changes concerning its outstanding common share purchase warrants. Originally issued on April 21, 2023, these warrants, which number at 6,987,393, will see their terms amended, promoting favorable conditions for unitholders.

The first major amendment involves the extension of the expiry period of these warrants. Instead of expiring on April 21, 2025, holders will now have until April 21, 2026, to exercise their options. Additionally, this adjustment includes a reduction in the exercise price from CAD 1.10 to CAD 0.70, a strategic move designed to encourage greater investment engagement from shareholders and boost market confidence in FCL’s offerings. It should be noted that all other terms associated with these warrants will remain unchanged pending final approval from the TSX Venture Exchange.

Clarity on Investor Relations Engagement

In light of this announcement, Full Circle Lithium also provided clarifications on its investor relations efforts, particularly regarding its engagement with RB Milestone Group LLC (RBMG). The company reiterated that in the February 5, 2025 press release, it stated RBMG had been signed on for a six-month period at a fee of USD 14,500 per month. However, further details reveal that a one-time payment of USD 34,500 is due at the commencement of their agreement, followed by another USD 25,000 payment three months into the contract. Should RBMG's services continue post the initial term, the fee will revert to a monthly payment of USD 4,500.

About Full Circle Lithium Corp.

FCL, apart from its financial maneuvers, is known for its development of FCL-X™, an innovative fire extinguishing agent specifically created for lithium-ion battery fires, a growing hazard in modern technology. This product is water-based and non-toxic, designed to mitigate chemical reactions that occur during combustion. FCL-X™ has proven its effectiveness in third-party testing as well as real-world applications, reducing the risks associated with lithium battery fires.

With a technical team boasting over a century of combined expertise in lithium, fire safety, and firefighting, FCL is advancing toward establishing a significant foothold in the safety and firefighting market. The company's ongoing efforts aim not only to enhance shareholder value but also to ensure robust security measures in the rapidly advancing lithium technology arena.

Additional details regarding Full Circle Lithium's initiatives and ongoing developments can be found on their profiles on SEDAR and their dedicated website, ensuring transparency and accessibility of information for investors and customers alike.

Conclusion

With the amended terms of the warrants, Full Circle Lithium is poised to solidify its status in the market and increase shareholder engagement, setting a positive trajectory toward growth and expanded market presence. Stakeholders are encouraged to stay informed as Full Circle continues to innovate and adapt in a competitive industry.