Arctic Fox Lithium Corp. Shifts to Semi-Annual Reporting, Enhances Market Presence

Arctic Fox Lithium Corp., a junior mineral exploration company focused on the acquisition and development of mineral properties containing battery and rare earth metals, recently announced its decision to adopt semi-annual financial reporting. This strategic move aims to streamline the company's financial disclosure process, leveraging the Coordinated Blanket Order 51-933 - Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

The Order, which allows eligible venture issuers listed on the Canadian Securities Exchange (CSE) to voluntarily move from a quarterly to a semi-annual financial reporting framework, is expected to provide Arctic Fox Lithium Corp. with greater flexibility in managing its financial reporting obligations. As a result, the company will no longer be required to file interim financial reports and related Management's Discussion & Analysis (MD&A) for its first and third quarters, effective for the nine-month period ended March 31, 2026.

Under the semi-annual reporting framework, Arctic Fox Lithium Corp. will continue to file audited financial statements within 120 days of its fiscal year-end (June 30) and six-month interim financial reports within 60 days of December 31. This revised reporting schedule is anticipated to reduce the company's regulatory burden, enabling it to focus on its core operations and strategic initiatives. To be eligible for this pilot program, the company must have annual revenues of less than $10 million, a disclosure record of over 12 months, and have filed all required periodic and timely continuous disclosure documents.

In addition to the adoption of semi-annual reporting, Arctic Fox Lithium Corp. has granted 3,080,000 restricted share units (RSUs) to certain consultants, pursuant to the company's stock option plan. These RSUs will vest four months after issuance and have a term of three years, with a hold period expiring on September 15, 2026, in accordance with CSE policies.

Furthermore, the company has engaged DS Market Solutions Inc. (DS) for market making services, aimed at enhancing market depth and increasing liquidity for its shares on the CSE. This service, which commenced on May 1, 2026, will involve DS entering orders, including bidding and offering, and providing information to the company regarding its trading pattern on the CSE. The company will pay a fee of $5,000 per month to DS for its services, with no securities issued as compensation.

Arctic Fox Lithium Corp.'s primary focus is on the development of its 2,756-hectare Pontax North Lithium Project, located in northern Québec, approximately 130 km east of the Eastmain Cree Nation's community. The project is situated near other notable lithium projects, including Allkem Ltd.'s James Bay Lithium Project and Stria Lithium Inc.'s Pontax Lithium Project. The company is currently planning a second-phase exploration program at Pontax North and continues to evaluate accretive opportunities across the rare earth element and broader critical-minerals sectors.

With its shift to semi-annual reporting and enhanced market presence, Arctic Fox Lithium Corp. is poised to maintain its position as a key player in the junior mineral exploration sector. As the company continues to navigate the evolving landscape of the battery and rare earth metals industry, its strategic decisions are expected to drive long-term growth and value creation for its stakeholders.