Southern Lithium Corp. Announces New CEO

PRESS RELEASE                                                                                                   February 14, 2017

VANCOUVER, Canada – – Southern Lithium Corp.  (TSX-V: SNL FSE: SL5)  ("Southern" or "the Company") is pleased to announce that Clive H. Massey will be filling the position of  Chief Executive Officer ("CEO") effective immediately. In addition to the role of CEO, Mr. Massey will also continue to serve as a director on the Company's board.

Mr. Massey has over 27 years of public relations and marketing experience with both public and private companies in the mining industry including business development, strategy, resource assessment, and mineral exploration and government relations. He has a strong understanding of the equity markets and has been involved in both debt and equity financings of up to $60 million and has also held directorships for various Toronto Stock Exchange Venture listed companies.

Mr. Massey has been the President and CEO at Aldever Resources Inc. since February 2015. He serves as the CEO, President and Director at Windfire Capital Corp. since 2011. He served as the CEO and President of Redhill Resources Corp. (now Millennial Lithium Corp.) from January 2012 to October 2012. Mr. Massey was co-founder and CEO and Director of Prescient Mining Corp from March 2007 to August 2008. Mr. Massey co-founded and served as President and CEO of Universal Uranium, (now Expedition Mining Inc.). From 2005 to 2007 he coordinated the public relations programs for several successful public companies including Lumina Copper Corp. which was purchased by Teck Cominco Ltd. Previously, he served as Head of Investor Relations and Director of Corporate Communications at Inca Pacific Resources Inc. Mr. Massey has held management or investor relations positions with Greystar Resources, Marafill Mines, Everett Resources Ltd. and The North Air Group of Companies. Mr. Massey has also be involved as a consultant with public companies in various sectors of industry including manufacturing, financial services and high tech.

Lawrence Segerstrom, President of Southern Lithium stated, "I would like to congratulate Clive and look forward to working closely with him on advancing the business objectives for the Company. His experience both in the capital markets and the mining industry, will be of great value to the company in the role of CEO."

About the Cruz Property

Through its joint venture partner Millennial Lithium Corp. (TSX-V: ML) (OTCQB: MLNLF), the Company has executed a formal option agreement with Proyecto Pastos Grandes S.A. (“PPG SA”), a wholly owned subsidiary of Millennial, to be granted an option to acquire an eighty percent (80%) interest in the PPG SA’s Cruz Property in the Pocitos Salar Basin in Salta Province, Argentina.

The Cruz Property is located in the heart of South America’s Lithium Triangle (northern Chile, northwestern Argentina and southwest Bolivia). The property encompasses 2,500 hectares in the Pocitos salar basin in Salta Province, Argentina, and lies 11 kilometers south of ADY Resources Limited’s lithium brine resource in the Salar del Rincón Basin.

The Cruz property is adjacent to the Rincon volcanic center that defines the southern limit of the Rincon salar basin, where ADY Resources Limited is extracting lithium brine, and the northern limit of the Pocitos salar basin, where the Cruz property is located. Both properties lie along the structural belt that hosts the important lithium resources of the region, and at the junction of a large north-south fault system and the northwest-southeast megastructure along which lies the Rincon volcano, the possible source of the lithium brine in both salar basins.

The 60-kilometer long Pocitos salar basin has previously only been drill tested with a shallow 12-hole program in the 1970s, by an Argentinean government agency “Direccion General de Fabricaciones Militares”. To date, this is the only confirmed exploration drilling conducted in the Pocitos basin. The hole that produced the best results is near the southeast edge of the Cruz property boundary, and averaged 417 parts per million; note that these results are considered historical and cannot be confirmed under NI 43-101 standards.

About Southern Lithium Corp (TSX-V: SNL FSE: SL5)

Southern Lithium Corp. is a resource exploration company engaged in the business of acquiring and exploring minerals properties. Southern Lithium Corp. has assembled an experienced management team with a growth strategy to develop portfolio of Lithium projects. The Company’s main objective is to add shareholder value through exploration and development of high quality resources through strategic acquisitions, joint ventures, and marketing while maintaining a lower risk profile through project diversification and sound, cost-effective financial management. With the potential acquisition of the Cruz property, Southern Lithium intends to establish its presence in the Pocitos basin and further deliver on its mission to secure technically superior lithium projects. The Company is only focusing on projects of the highest technical merit in favorable geopolitical jurisdictions.

Further information about the Company is available on our website at www.southernlithium.com or under our profile on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD OF DIRECTORS             

“David Alexander”

Chief Financial Officer                                                                     

For further information, please contact:

Southern Lithium Corp.

Sam Eskandari

Phone: +1.416.918.6785                                                                                               

Email: ir@southernlithium.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within it, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements, other than as required pursuant to applicable securities laws.

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Drilling Progress At Pastos Grandes

November 22, 2016 05:00 ET

VANCOUVER, BRITISH COLUMBIA--(Nov. 22, 2016) - Millennial Lithium Corp. (TSX VENTURE:ML)(OTCQB:MLNLF) ("Millennial" or the "Company") reports on progress with the Phase I lithium brine drilling program at its Pastos Grandes Project in Salta, Argentina. The first drill hole of the current drilling program was successfully completed on time and within the cost target. The size of the brine aquifer and the composition of the sediments exceed expectations and the density of the brine recovered was favorable. Accordingly, pumping test well drilling has already begun.

The first drill hole, PGMW-16-01 was completed to a depth of 192 metres having encountered three brine aquifers over a total 94.5 meters (m), from surface to 13m, 19.5m to 66m, and 157m to the bottom of the hole. Originally planned to test depth to 350 metres, the hole was terminated in favor of completing a larger bore rotary hole that will more effectively penetrate the loose sediments of the lower aquifer. Results to date in terms of permissive aquifers and brine density are encouraging enough to proceed with the adjacent production-scale pumping test well. A second, larger drill has been mobilized to the site and has begun drilling PGPW-16-02 in readiness for a 24-hour pumping test.

VP of Development and Exploration, Iain Scarr states, "We are very encouraged with the drilling to date. In addition to identifiable brine saturated aquifers in the recent shallow sediments, the older deeper and coarser sediments include what appears to be either a brine-saturated unconsolidated sand or a major structure with free-flowing brine. Subsequent drill sites and in-fill drilling will be used to determine the extent of these encouraging conditions aerially and at depth."

Brine samples were collected down hole using a drive-point and we will employ a packer system targeting specific horizons as the hole is being completed as a monitoring well. Initial field testing of brine recovered from the aquifers at a density of 1.22g/cm3 is very promising. Brine from the packer testing and pumping tests will be used for field trials to validate the calculations for precipitation sequencing and lithium recovery, which will be used for pond sizing and conceptual design.

Sampling is being conducted in accordance with CIM guidelines for brine resource evaluation, with an appropriate QAQC program for ensuring accuracy and repeatability of the analytical results. Results will be reported promptly as laboratory analytical results are validated.

Proyecto Pastos Grandes, S.A., Millennial's Argentina subsidiary has engaged Alex Stewart Laboratories of Mendoza, Argentina as the primary analytical provider. The laboratory has extensive experience with lithium brine analyses and is certified under ISO 17025, and in Alex Stewart's case, specifically for determination of lithium and potassium in liquid brines by use of ICP-OES.

This news release has been reviewed by Iain Scarr, VP of Development and Exploration of the Company and a qualified person as that term is defined in National Instrument 43-101.

MILLENNIAL LITHIUM CORP.

Graham Harris, Chairman, Director

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of USD$ for Cdn$, fluctuations in the market for lithium, changes in exploration costs and government royalties or taxes in Argentina and other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

CONTACT INFORMATION

Millennial Lithium Corp.

Investor Relations

(604) 662-8184

info@millenniallithium.com

www.millenniallithium.com

Millennial Signs Letter of Intent to Option its Cruz Property to Southern Lithium Corp.

November 03, 2016 

VANCOUVER, BRITISH COLUMBIA--(Nov. 3, 2016) - Millennial Lithium Corp. (TSX VENTURE:ML) ("Millennial" or the "Company") reports that its wholly owned Argentine subsidiary, Proyecto Pastos Grandes S.A. ("PPG SA") has entered into a letter of intent (the "LOI") with Southern Lithium Corp. (TSX VENTURE:SNL) ("Southern") whereby, upon execution of a definitive agreement (the "Definitive Agreement") Southern will be granted the option to acquire up to an eighty (80%) percent interest in and to the Company's Cruz Property in the Pocitos salar basin in Salta Province, Argentina.

Terms of the LOI:

The LOI, dated effective October 31, 2016, calls for PPG SA and Southern to enter into a Definitive Agreement on or before November 10, 2016.

To earn a seventy (70%) interest in the Cruz Property, Southern must:

a.    pay a US$150,000 non-refundable deposit to PPG SA (which has been paid);

b.    pay an additional US$50,000 non-refundable deposit to PPG SA on execution of the Definitive Agreement;

c.    on closing of the Definitive Agreement, issue to PPG SA or Millennial (at Millennial's option) US$100,000 worth of common shares (the "Southern Shares") of Southern with the Southern Shares being valued at the same price per share as a private placement (the "Private Placement") Southern is expected to announce concurrently or shortly after the announcement of the LOI;

d.    on closing of the first tranche of the Private Placement or November 30, 2016 (whichever is earlier) place in a joint exploration account the sum of US$500,000 (the "Exploration Funds");

e.    make US$500,000 of exploration expenditures (the "Exploration Expenditures") on or before October 1, 2017;

f.     pay to PPG SA the sum of US$1,000,000 on or before October 1, 2017; and

g.    pay to PPG SA the sum of US$1,000,000 on or before October 1, 2018.

((a) to (g) being, collectively, the "Option Exercise Price").

The LOI calls for the Definitive Agreement to contain the following terms:

a.    that PPG SA is expected to act as operator on the Property until the Exploration Expenditures are made upon which time Southern may assume operating responsibility;

b.    that Southern can earn an additional ten (10%) of the Cruz Property by completing, on or before the date that is three years and six months from the date of the Definitive Agreement, a bankable commercial feasibility study of the Cruz Property; and

c.    additional terms and conditions customary to an option agreement in the resource industry including terms governing the planning of Exploration Expenditures.

The Cruz Property was acquired by PPG SA under the terms of an option agreement (the "Underlying Option Agreement ") dated effective October 11, 2016 although fully executed after that date. The Underlying Option Agreement is, for Millennial, an exempt transaction not subject to Exchange review under the Exchange's Policy 5.3. The Underlying Option Agreement provides that the Company can acquire up to a one-hundred (100%) interest in the Cruz Property from the vendor. The Company intends to use funds from the Option Exercise Price to fund its exercise of the option under the Underlying Option Agreement.

About the Cruz Property:

The 2,500 hectare Cruz Property lies at the north end of the Pocitos salar basin in Salta Province, Argentina. The Cruz Property is at the junction of a large north-south fault system and the northwest-southeast "megastructure" along which lies the Rincon volcano, the possible source of the Rincon salar lithium brine occurrences in the Rincon salar basin immediately north of the Pocitos salar basin.

The 60 kilometre long Pocitos salar basin has been the subject of surface sampling by several groups in the past. In the 1970's a government agency made a single shallow drill hole in the Pocitos salar basin. To the Company's knowledge, that drilling is the only exploration drilling to date and the results of that drilling cannot be confirmed under NI 43-101 standards for exploration applicable today. A review by the Company of recent samplings in the Pocitos salar basin tend to show higher lithium concentration along the deep faults in the basin, leading to the possibility, which would have to be confirmed with further exploration, that the faults could be conduits for lithium-bearing fluids emitted by the northern volcanic center.

The LOI is conditional upon its approval by the TSX Venture Exchange.

This news release has been reviewed by Iain Scarr, VP of Development and Exploration of the Company and a qualified person as that term is defined in National Instrument 43-101.

MILLENNIAL LITHIUM CORP.

Graham Harris, Chairman

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 an applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, currency risks including the exchange rate of USD$ for Cdn$, fluctuations in the market for lithium, changes in exploration costs and government royalties or taxes in Argentina and other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

CONTACT INFORMATION

Millennial Lithium Corp.
Investor Relations
(604) 662-8184
info@millenniallithium.com

www.millenniallithium.com