$LTMCF / V.LITH The MOU contemplates that Prosper One will make an equity investment of CDN$1,000,000 (equivalent to approximately HK$6,000,000 ) into Lithium Chile which is to be completed within 60 days from the signing of the formal Joint Venture Agreement. The shares being issued to Prosper One will be done at a price determined on the date of this press release in accordance with the TSX Venture Exchange ("TSXV" Policies involving an allowable discounted market price subject to a minimum price of CDN$1.00 per Lithium Chile common share ("LC Share" . The equity investment will be done on a unit basis to be made up of one LC Share and one-half of one warrant. Each whole warrant will be exercisable into one LC Share at a price of CDN$1.50 for a period of two years from the date of completion of the equity investment.

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