Vinland Lithium Inc. Receives Final Approval to List on the TSX Venture Exchange

Thunder Bay, Ontario--(Newsfile Corp. - May 21, 2025) - Vinland Lithium Inc. (TSXV: VLD) (upon trading commencement) ("Vinland" or the "Company") is pleased to announce that other than final acceptance of the TSX Venture Exchange ("TSXV"), all other conditions have been met for the listing of its common shares on the TSXV as a Tier 2 Resource Issuer. The common shares, upon final acceptance, will commence trading on the TSXV at the opening of market on Friday, May 23, 2025 under the symbol 'VLD'. There are 10,050,252 Vinland shares issued and outstanding as of the date hereof.

For further information, please refer to the Company's Listing Application dated May 20, 2025 which is available under the Company's profile on SEDAR+.

About Vinland Lithium Inc.

Vinalnd Lithium Inc. is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol VLD. Vinalnd holds 100% interest in the Killick Lithium Project in Southwestern Newfoundland and is seeking additional opportunities in the lithium-cesium-tantalum space.

Vinland is focused on advancing the recently-discovered Killick Lithium Project which covers 60 kilometers of highly-prospective geological terrane in proximity to the Baie d'Est Fault. The project boasts multiple spodumene-pegmatites within the Kraken Pegmatite Field and high-grade cesium-tantalum-lithium hosted in the Hydra Pegmatite. Further potential for discovery is excellent given the extensive number of untested geochemical and geophysical targets present.

All initial drilling phases at the Killick Lithium Project to date have returned impressive results from multiple pegmatites including: 8.4m of 0.95% Li₂O in GH-22-01 at the Kraken Dyke, 16.2m of 0.43% Li₂O in GH-22-05 at the Kraken North Dyke, 20.82m of 0.60% Li₂O incl. 5.5m of 1.16% Li₂O in GH-22-15, and 8.37m of 0.91% Li₂O in GH-22-08 at the East Dyke and 15.23m of 1.04% Li₂O in GH-22-27 and 13.37m of 1.22% Li₂O in GH-22-45 at the Killick Dyke. At the Hydra Cesium Dyke, initial channel sample results to 8.75% Cs₂O, 0.41% Li₂O, 0.025% Ta₂O₅ and 0.33% Rb₂O over 1.2 meters including 13.57% Cs₂0 and 0.32% Li₂0 over 0.4m.

On behalf of the Board of Directors of Vinland Lithium Inc.,

"Stephen Stares"

Stephen Stares, President

Parties interested in seeking more information can contact Mr. Stares at the number below.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252942