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Arctic Fox Lithium Terminates Letter of Intent with MakerSoul

VANCOUVER, BRITISH COLUMBIA — November 5, 2025 — Leads & Copy — Arctic Fox Lithium Corp. (CSE: AFX / FSE: O5K) has mutually agreed to terminate its non-binding letter of intent regarding a proposed business combination between the Company and MakerSoul (Hong Kong) Limited.

Each party will be responsible for its own costs. Arctic Fox will repay MakerSoul the $25,000 bridge loan advanced by MakerSoul in connection with the Transaction. The Parties have entered into a mutual release relating to the Transaction.

Arctic Fox will continue to evaluate other strategic opportunities and will provide updates as appropriate.

Harry Chew, President, CEO Phone: (604) 689-2646

Arctic Fox Lithium Corp. is a junior mineral exploration company focused on the acquisition and development of mineral properties containing battery, base and precious metals. The Company’s 2,756-hectare Pontax North Lithium Project is located 12 km south of Allkem Ltd. (ASX/TSX:ALLKEM) James Bay Lithium Project and 12 km north of Stria Lithium Inc.’s (CSE:SRA) Pontax Lithium Project, located in northern Québec, approximately 130 km east of the Eastmain Cree Nation’s community.

Contact: Harry Chew, President, CEO Phone: (604) 689-2646

Source: Arctic Fox Lithium Corp.

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