Imagine Lithium Inc. announced positive preliminary results from metallurgical testing at it's Jackpot Lithium Project, for which the highlights are presented below: A surface composite sample of approximately 200 kg was provided from the Jackpot main zone and shipped to an independent laboratory in Canada. The Main spodumene-bearing composite sample contained 1.72% Li2O and 0.29% Fe2O3. A HLS (Heavy Liquid Separation) concentrate at 2.80 SG (Specific Gravity) resulted in 6.0% Li2O concentrate and a high Li recovery of 81.5%.

A low Fe2O3 grade (0.76 %) was achieved without magnetic separation. The initial results confirm lithium recovery can be even further improved by flotation operation and/or DMS (Dense Media Separation). Additional metallurgical tests will be conducted to confirm these results.

The Jackpot Lithium project is located approximately 40 km North of the town of Nipigon, Ontario and is near infrastructure including the Trans-Canada Highway, power, rail service, and ports. With respect to it's 2022 drilling campaign, the Company expects to be able to announce its remaining assay results in the coming week. Corporate Matter: In addition, the Company has engaged OGIB Corporate Bulletin to provide investor awareness services for $200,000 plus applicable taxes.

OGIB Corporate Bulletin is based in Vancouver, BC and operates under the direction of Mr. Keith Shaefer. QA/QC Protocol: Imagine Lithium implemented a strict QA/QC protocol in processing all rock samples collected from the core material obtained from the Jackpot property. The protocol included the insertion and monitoring of appropriate reference materials, in this case high concentration and low concentration certified OREAS lithium standards, blanks and duplicates, to validate the accuracy and precision of the assay results.

All collected rock samples were put in sturdy plastic bags, tagged, and sealed in the core shack under the supervision of professional geologists. Sample bags were then put in rice pouches and kept securely before being sent by road transport to the Actlabs laboratories in Thunder Bay, Ontario. Lithium was analyzed by Peroxide Fusion ICP- OES method (8-Li package).