Volt Lithium Achieves Significant Operational Milestone with the Scale-Up of its Field Unit to 96,000 Litres Per Day, Paving the Way for Operations to Commence in Q3 2024

CALGARY, Alberta, July 17, 2024 (GLOBE NEWSWIRE) — Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF) (“Volt” or the “Company“) is pleased to announce the achievement of another pivotal milestone on the path to commercializing its proprietary and proven next-generation Direct Lithium Extraction (“DLE”) technology for processing oilfield brines. The Company has scaled-up production capacity to 96,0001 litres per day (equivalent to 600 barrels per day (“bbls”) and (“bbls/d”)) representing a 100 times scale-up in its processing capabilities. Following the strategic investment from its U.S. partner which closed on May 2, 2024, Volt has scaled-up operations at its field simulation centre in Calgary, Alberta (the “Field Simulation Centre”) in order to build this first field unit for deployment in Q3 2024.

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