LiTHOS CEO Scott Taylor to Receive Outstanding Denver Technical Presentation Award and Present at EnerCom Denver® 2024

Rhea-AI Summary

LiTHOS Group (CBOE CA: LITS) (OTCQB: LITSF) announces two significant events:

1. CEO Scott Taylor will receive the 2024 Outstanding Denver Technical Presentation Award from the Society of Petroleum Engineers (SPE) on August 28, 2024.

2. LiTHOS will participate in EnerCom Denver® 2024, with Taylor presenting on August 21st at 8:35 AM MT.

LiTHOS, a leader in innovative lithium extraction technologies, focuses on sustainable lithium production without evaporation ponds using its AcQUA™ technology. The company operates two processing facilities and works with strategic mineral resource owners in Chile, Argentina, and the United States.

Positive

• CEO Scott Taylor receiving prestigious industry award, enhancing company's credibility
• Participation in EnerCom Denver® 2024, providing exposure to over 1,500 investors and industry professionals
• Company's AcQUA™ technology allows lithium extraction without additional freshwater or chemicals
• Strategic partnerships with mineral resource owners in key lithium-rich regions
• Recipient of US Department of Energy and Colorado Advanced Industries grants

Negative

• None.

VANCOUVER, BC, Aug. 19, 2024 /PRNewswire/ - LiTHOS Group Ltd. ("LiTHOS" or the "Company") (CBOE CA: LITS) (OTCQB: LITSF) (FSE: YU8) (WKN: A3ES4Q), a leader in innovative lithium extraction technologies, is pleased to announce that Scott Taylor, CEO of LiTHOS, has been selected by the Denver Section of The Society of Petroleum Engineers (SPE) to receive the 2024 Outstanding Denver Technical Presentation Award. This prestigious award recognizes Mr. Taylor's significant contributions to the oil and gas industry and beyond.

The Society of Petroleum Engineers (SPE) is a not-for-profit professional association with 127,000 members across 145 countries. It is a key technical and professional resource that provides opportunities to exchange information at in-person and online events through training, publications, and member programs. Mr. Taylor's recognition is a testament to his dedication to advancing technology and innovation within the industry.

The award ceremony will take place on August 28th, 2024, from 5:00 PM to 8:00 PM at Tamayo in Larimer Square, Denver, CO. Mr. Taylor is honored to be invited to present at the event, further showcasing his expertise and commitment to the industry. Attendees can register for the ceremony using the following link: SPE Denver Award Ceremony Registration.

In addition to this honor, LiTHOS is excited to announce its participation in EnerCom Denver^® 2024, the largest independent energy conference, from August 18-21, 2024. This event attracts over 1,500 attendees, including investors, high net-worth individuals, and industry professionals. EnerCom Denver^® provides a prime platform for LiTHOS to showcase its cutting-edge technologies and discuss the future of the industry.

Scott Taylor will be presenting at EnerCom Denver^® on August 21st at 8:35 AM MT. His presentation will focus on LiTHOS's innovative approaches to lithium extraction and the company's strategic growth plans. The event represents a significant opportunity for LiTHOS to engage with key stakeholders and explore new growth opportunities. Attendees can register for the conference at the following link: EnerCom Denver | The Energy Investment Conference

About LiTHOS

LiTHOS Group Ltd. is a mining technology company focused on the selective extraction of aqueous minerals. The Company's AcQUA™ technology allows lithium to be extracted from continental brine reservoirs without additional freshwater or any added chemicals or reagents. Lithium is now among the world's most in-demand metals as the world "electrifies" to reduce CO₂ emissions, led by continuing growth in EV sales and the installation of hundreds of gigawatts of intermittent solar power generation capacity requiring partial battery storage solutions.

The Company's mission is to produce sustainable lithium without evaporation ponds. AcQUA™ is LiTHOS's patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the DLE phase into the polishing and purification of battery-grade lithium feedstock. LiTHOS has two processing facilities: a 4,000 sq ft lab in Denver, CO, and a 50,000+ sq ft complex in Bessemer, AL., where LiTHOS has flexible expansion options.

LiTHOS is working with multiple strategic mineral resource owners, including brines from the largest Salars in Chile and Argentina and the Smackover reservoir in the Southeastern United States. Our wholly-owned subsidiary, Aqueous Resources LLC, is a US Department of Energy grant awardee and a Colorado Advanced Industries grant awardee. For more information, please get in touch with LiTHOS Investor Relations at 1-877-LITHOS1 / 1-877-548-4671 or via email at info@LiTHOStechnology.com.

Stay up-to-date on LiTHOS developments by joining our online communities through LinkedIn and X.

ON BEHALF OF THE BOARD

Scott Taylor - CEO

Forward-Looking Statements: This news release contains certain forward-looking statements within the meaning of Canadian securities legislation, including with respect to: the plans of the Company; the purposed use of funds of the Second Tranche; and statements relating to the closing of additional tranches of the offering. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and involve several risks and uncertainties, including additional tranches of the offering may not close on the terms announced or at all; that the Company may use the proceeds of the Second Tranche for purposes other than those disclosed in this news release; adverse market conditions; and other factors beyond the control of the Company. Consequently, there can be no assurances that such statements will prove to be accurate, and that actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause future results to differ materially from those anticipated in these forward-looking statements include: limited operating history; research and development activities; effect of general economic and political conditions; and other risk factors set forth in the Company's public filings which are available on SEDAR+ at www.sedarplus.ca. Accordingly, the reader is urged to refer to the Company's such filings for a more complete discussion of such risk factors and their potential effects. Except to the extent required by applicable securities laws and the policies of Cboe Canada Inc., the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors should change.

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SOURCE Lithos Group Ltd.

FAQ

What award will LiTHOS CEO Scott Taylor receive in 2024?

Scott Taylor, CEO of LiTHOS (LITSF), will receive the 2024 Outstanding Denver Technical Presentation Award from the Society of Petroleum Engineers (SPE) on August 28, 2024.

When and where will LiTHOS present at EnerCom Denver® 2024?

LiTHOS (LITSF) CEO Scott Taylor will present at EnerCom Denver® 2024 on August 21st at 8:35 AM MT. The conference runs from August 18-21, 2024.

What is LiTHOS's main technology for lithium extraction?

LiTHOS (LITSF) uses its patent-pending AcQUA™ technology for lithium extraction, which allows for the extraction of lithium from continental brine reservoirs without additional freshwater or added chemicals.

Where does LiTHOS have processing facilities?

LiTHOS (LITSF) has two processing facilities: a 4,000 sq ft lab in Denver, CO, and a 50,000+ sq ft complex in Bessemer, AL.