GLOBAL LITHIUM RESOURCES LIMITED — Capital/Financing Update 2021

Dec 22, 2021

ISSUE OF SECURITIES FOLLOWING SHAREHOLDER APPROVAL

Global Lithium Resources Ltd (ASX:GL1) (GL1 or Company) advises that following shareholder approval obtained on 20 December 2021, the Company has issued today the following:

• 17,105,199 ordinary shares - Shareholders approved the participation of Yibin Tianyi Lithium Industry Co Ltd or nominee (16,699,794 shares) and the participation of directors, Dr Dianmin Chen and Mr Warrick Hazeldine (together 405,405 shares) in the share placement (announced ASX 1 November 2021) for a total of approximately $6.3 million.

• 4,800,000 unlisted options with an exercise price of $1.00 per option and expiring 12 November 2024.

An Appendix 2A, Appendix 3G and Appendix 3Ys will be lodged with ASX following this announcement. Also attached is a cleansing notice issued in respect of the issue of securities.

- ENDS -

Approved for release by the Board of Global Lithium Resources Limited.

For more information:

Jamie Wright Managing Director info@globallithium.com.au +61 8 6103 7488

Kevin Hart

Company Secretary kevinh@endeavourcorp.com.au +61 8 9316 9100

SECONDARY TRADING NOTICE – NOTIFICATION PURSUANT TO PARAGRAPH 708A(5)(E) OF THE CORPORATIONS ACT 2001

Global Lithium Resources Limited (“ Global Lithium ” or “ Company ”, ASX: GL1) provides this notice in accordance with section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) in relation to an issue of 17,105,199 fully paid ordinary shares and 4,800,000 unlisted options by Global Lithium on 23 December 2021 ( Securities ).

1. The Securities were issued without disclosure to investors under Part 6D.2 of the Corporations Act. 2. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act.

2. As at the date of this notice, there is no excluded information (in accordance with the requirements of subsections 708A(7) and (8) of the Corporations Act).

Global Lithium Resources Limited Kevin Hart Company Secretary

- ENDS -

Approved for release by the Board of Global Lithium Resources Limited.

For more information:

Jamie Wright Kevin Hart Managing Director Company Secretary info@globallithium.com.au kevinh@endeavourcorp.com.au +61 8 6103 7488 +61 8 9316 9100