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Mineral exploration and development are highly speculative and are characterized by a number of significant inherent risks, which may result in the inability to successfully develop projects for commercial, technical, political, regulatory or financial reasons, or if successfully developed, may not remain economically viable for their mine life owing to any of the foregoing reasons. There is no assurance that Discovery Lithium Inc. will be successful in achieving a return on shareholders’ investment and the likelihood of success must be considered in light of the [early] stage of operations.

Discovery Lithium’s ability to identify Mineral Resources in sufficient quantity and quality to justify development activities and/or its ability to commence and complete development work and/or commence and/or sustain commercial production operations at any of its projects will depend upon numerous factors, many of which are beyond its control, including exploration success, the obtaining of funding for all phases of exploration, development and commercial mining, the adequacy of infrastructure, geological characteristics, metallurgical characteristics of any deposit, the availability of processing technology and capacity, the availability of storage capacity, the supply of and demand for lithium and other minerals, the availability of equipment and facilities necessary to commence and complete development, the cost of consumables and mining and processing equipment, technological and engineering problems, accidents or acts of sabotage or terrorism, civil unrest and protests, currency fluctuations, changes in regulations, the availability of water, the availability and productivity of skilled labour, the receipt of necessary consents, permits and licenses (including mining licenses), and political factors, including unexpected changes in governments or governmental policies towards exploration, development and commercial mining activities. 

Furthermore, cost over-runs or unexpected changes in commodity prices in any future development could make the projects uneconomic, even if previously determined to be economic under feasibility studies. Accordingly, notwithstanding the positive results of one or more feasibility studies on the projects, there is a risk that Discovery Lithium Inc. would be unable to complete development and commence commercial mining operations at one or more of the mineral properties which would have a material adverse effect its business, financial condition, results of operations and prospects.

For a more comprehensive overview of the risks related to Discovery Lithium’s business, please review Discovery Lithium’s continuous disclosure documents, each filed under the Company’s profile at www.sedarplus.ca. 

PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Rumble Strip Media Incorporated and its owners, managers, employees, and assigns (collectively “Rumble Strip Media”) has been paid for Discovery Lithium Inc. (the “Company”) two hundred and fifty thousand United States dollars (US$250,000) for an ongoing marketing campaign. This marketing campaign was extended as of November 15th 2023 for one hundred and fifty thousand United States dollars (US$150,000) a month and continues on a month to month basis and is including this article, among other things. This compensation is a major conflict with our ability to be unbiased. This communication is for entertainment purposes only. Never invest purely based on our communication. 

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