Dajin Lithium Corp — Capital/Financing Update 2020

Jun 26, 2020

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Suite 450-789 West Pender Street Vancouver, BC V6C 1H2 www.dajin.ca

Telephone: (604) 681-6151 Fax: (604) 689-7654 Email: info@dajin.ca

NEWS RELEASE

DAJIN TO ISSUE SHARES FOR DEBT

VANCOUVER, BC – June 25, 2020. Dajin Lithium Corp. (“Dajin”) (TSX-V: DJI ) (OTC: DJIFF ) reports that it will be settling corporate debt totaling $250,000 to certain creditors. Dajin proposes to issue a total of 10,000,000 common shares at a deemed price of $0.025 per share. The issuance of the 10,000,000 common shares will be subject to a four-month hold period from the date of issuance of the acceptance notice from the TSX Venture Exchange.

About Dajin:

In Argentina, Dajin has announced exceptional Lithium brine assay results from their exploration program on the Salinas Grandes salar in Jujuy province. (February 28, 2018) The brine samples were taken from a portion of their concessions covering an area of 1,359 acres (550 hectares) in the northwestern corner of the San Jose Navidad minas. Lithium values received from 25 assays ranged from 281 mg/litre to 1,353 mg/litre, averaging 591 mg/litre. Additional exploration of the concessions is expected to proceed later this year. ( click here to see geochemical map) Dajin has a 49% Joint Venture interest in 230,000 acres (93,000 hectares) in Jujuy province with Litica Resources S.A. an operating subsidiary of Pluspetrol Resources Corporation, a major international Argentinian oil and gas company.

In Nevada, Dajin holds a 100% interest in 403 placer mineral claims covering 7,914 acres (3,202 hectares) in the Teels Marsh valley of Mineral County, Nevada. Dajin holds water rights in Teels Marsh and has received all of the necessary permits for drilling, with engineered access roads and two large drill pads completed. These claims are known to contain Lithium and Boron values. Dajin continues to hold acreage in the Alkali Spring valley of Esmeralda County, Nevada, located 7.5 miles (12 kilometers) northeast of the only producing Lithium brine operation in the USA located at Albemarle’s Silver Peak mine in Clayton Valley.

ON BEHALF OF DAJIN’S BOARD OF DIRECTORS

Brian Findlay President & CEO

For further information please contact Dajin at: 604-681-6151 or info@dajin.ca or www.dajin.ca

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.