First Lithium Minerals Announces Private Placement of up to $6 Million

Toronto, Ontario--(Newsfile Corp. - May 25, 2026) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) ("First Lithium" or the "Company") is pleased to announce a private placement of: (i) up to 44,856,810 units of the Company (each, a "NFT Unit") at a price of $0.11 per NFT Unit for aggregate gross proceeds of up to approximately $4,934,249. Each Unit is comprised of: (A) one (1) common share of the Company (each, a "Common Share"); and (B) one-half of one (1/2) common share purchase warrant (each, whole warrant, a "Warrant").