• Funded for at least 12 months with $66.6 million in net cash
• Planned exploration, evaluation and development expenditure of $36.2 million over 2 years
• Focused on advancing battery mineral projects in Australia and the US

Lithium Energy Ltd outlines its objectives as a battery minerals company, which include advancing the exploration and evaluation of the Capricorn Gold-Copper Belt Project in Queensland, the development of the Burke/Mt Dromedary and Corella Graphite Projects in Queensland, and the exploration and evaluation of the White Plains Lithium Brine Project in Utah, United States. The company confirms it will be funded for at least 12 months and have sufficient working capital to carry out its objectives, with a net cash position of $66.6 million as at 31 December 2025. Lithium Energy plans to apply the majority of its funds over the first two years towards the exploration, evaluation and development of its projects, with $36.2 million in proposed indicative expenditure. This includes $19.9 million for the Capricorn Project, $11.9 million for the White Plains Project, and $4.4 million for the Graphite Projects. The company's existing cash not allocated to the 2-year work programs will form its general cash reserves to meet other ongoing costs and potential future project acquisitions, exploration, and development activities.