Critical Reagent Processing Corp.

Critical Reagent Processing Corp. (CRPC) has completed its purchase option agreement to acquire up to a 100% interest in the Mina Laguna Santa Maria project, which consists of two mining concessions licensed for the production of sodium carbonate, “Soda Ash”.  Pursuant to the option agreement, the Company is now the holder of 100% of No 17.643 Ignacio VI and 86% of No 1.255 Santa Maria and has filed documentation to obtain the remaining 14% of No 1.255 Santa Maria, located in Salta Province, Argentina.  The 500-hectare property hosts a natural deposit of sodium carbonate, or soda ash.  Soda ash is a necessary reagent for the production of lithium carbonate.  The U.S. Geological Survey reported in 2022, 165,000 tonnes of soda ash were exported from the United States to Argentina, with a value of $US 48 million. CRPC believes the Laguna Santa Maria Project holds a competitive advantage over soda ash importation into Argentina as it is located in country, and in an area of significant lithium carbonate production and project development.  Management is continuing to evaluate the property and market for soda ash in Argentina.  Results of a bulk sample chemical evaluation are expected shortly.