GLOBAL LITHIUM RESOURCES LIMITED — Capital/Financing Update 2021

Nov 1, 2021

GLOBAL LITHIUM SHAREHOLDER UPDATE

Pilbara focussed lithium explorer, Global Lithium Resources Limited (ASX: GL1, “ Global Lithium ” or the “ Company ”) is pleased to advise that Managing Director Mr Jamie Wright, will be providing a shareholder update via webinar, following the Company’s announcement (1 November 2021) regarding its $13.6m capital raise, which includes Yibin Tianyi taking a 9.9% cornerstone investment. Yibin Tianyi is the lithium chemical arm of world’s largest EV battery producer, CATL.

Date: Wednesday 3[rd] November 2021

Time: 11am AEDT / 8am WST

Please register for the webinar at:

https://us02web.zoom.us/webinar/register/WN_T8jNgUwhQc2oljvHA5stKQ

Approved by the board of Global Lithium Resources Limited.

For more information:

Jamie Wright

Victoria Humphries

Managing Director Media & Investor Relations info@globallithium.com.au victoria@nwrcommunications.com.au +61 8 6103 7488 +61 (0) 431 151 676

About Global Lithium

Global Lithium Resources Limited (ASX:GL1, Global Lithium) is an emerging lithium exploration company with a primary focus on the 100%-owned Marble Bar Lithium Project (MBLP) in the Pilbara region of Western Australia.

Global Lithium has defined a maiden Inferred Mineral Resource of 10.5Mt @ 1.0% Li2O at its Archer deposit, confirming the MBLP as a significant new greenfields Lithium discovery.

Directors

Warrick Hazeldine Non-Executive Chairman Jamie Wright Managing Director Dr Dianmin Chen Non-Executive Director Capital Structure Shares on issue: 131,808,339 fully paid ordinary shares (subject to completion of the Capital Raising) Options on issue: 4,780,614 options with an exercise price of $0.30 per option and an expiry of 6 May 2025

Performance Rights: 5,000,000 performance rights, subject to certain performance milestones

Competent Persons Statement:

Information on historical exploration results and Mineral Resources presented in this Announcement, together with JORC Table 1 information, is contained in the Independent Geologists Report within the Company’s Prospectus dated 22 March 2021, which was released as an announcement on 4 May 2021.

The Company confirms that it is not aware of any new information or data that materially affects the information in the relevant market announcements, and that the form and context in which the Competent Persons findings are presented have not been materially modified from the original announcements.

Where the Company refers to Mineral Resources in this announcement (referencing previous releases made to the ASX), it confirms that it is not aware of any new information or data that materially affects the information included in that announcement and all material assumptions and technical parameters underpinning the Mineral Resource estimate with that announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons findings are presented have not materially changed from the original announcement.