Lithium South Announces Pay Out of Common Shares and Closing of Plan of Arrangement

VANCOUVER, BC / ACCESS Newswire / May 11, 2026 / Lithium South Development Corporation (the "Company" or "Lithium South") (TSX-V:LIS)(OTCQB:LISMF)(Frankfurt:OGPQ) is pleased to announce that funds have been received from Posco Argentina S.A.U. and the effective date of May 15, 2026 has been set for the cash payout of CAD$0.505 per common share by the Company to the Company's shareholders.