Chairman’s Annual General Meeting Address

Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to provide the Chairman’s address for the Annual General Meeting to be held online at 10am on Thursday 25^th of November 2021:

This is my fifth Annual General Meeting as Chairman of the Company, and I would like to report on progress during the last 12 months. Clearly, as with most business ventures locally and internationally, the impact of the COVID-19 pandemic hampered our progress during the first half the year. But we remain focussed and resolute in achieving all our objectives, with the prime focus on developing our flagship Maricunga project to construct and operate the next low-cost, long-life lithium mine in Chile’s Lithium Triangle.

The Company’s 51.56% owned Chilean Joint Venture company, Mineral Salar Blanco (MSB), owns the Maricunga project and continues to the be the main focus of operations for the Company.

We achieved a significant milestone by completing an additional drilling program at Maricunga under our Stage One development, focusing on the old code mining concessions.

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