Nevada Lithium Resources Inc. — Proxy Solicitation & Information Statement 2022

Nov 25, 2022

NEVADA LITHIUM RESOURCES INC.

(the “Company”)

FORM OF PROXY

Annual General Meeting to be held on December 22, 2022 at 11:00 a.m. (PST) at 1500 – 1055 West Georgia Street, Vancouver, British Columbia by way of in person/teleconference

(the “ Meeting ”) Proxies must be received by 11:00 a.m. (PST) on December 20, 2022

VOTING METHOD

Proxies must be received by11:00 a.m.(PST) onDecember 20, 2022	Proxies must be received by11:00 a.m.(PST) onDecember 20, 2022
VOTING METHOD
INTERNETGo tohttps://css.olympiatrust.com/pxloginand enter the 12-digit control number shown on reverse.
EMAILproxy@olympiatrust.com
FACSIMILE(403) 668-8307
MAIL	Olympia Trust Company PO Box 128, STN M Calgary, AB T2P 2H6 Attn: ProxyDept.

The undersigned hereby appoints Stephen Rentschler, CEO of the Company, or failing him, Kelvin Lee, CFO and Corporate Secretary of the Company (the “ Management Nominees ”), or instead of any of them, the following Appointee _________.

Please print appointee name

as proxyholder on behalf of the undersigned with the power of substitution to attend, act and vote for and on behalf of the undersigned in respect of all matters that may properly come before the Meeting and at any adjournment(s) or postponement(s) thereof, in accordance with voting instructions, if any, provided below.

- SEE VOTING GUIDELINES ON REVERSE -

RESOLUTIONS – MANAGEMENT VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT

1. Election of Directors FOR WITHHOLD a) Scott Eldridge   b) Kelvin Lee   c) Jeff Wilson   2. Appointment of Auditors FOR WITHHOLD Appointment of WDM Chartered Professional Accountants, as Auditors of the Company for the ensuing year and authorizing the Board of Directors to fix their remuneration   3. Stock Option Plan FOR AGAINST To ratify and approve the Company’s Stock Option Plan for continuation until the Company’s next annual general meeting, as such Stock Option Plan is more particularly described in the accompanying Information Circular.   4. Restricted Share Unit Plan FOR AGAINST To ratify and approve the Company’s Restricted Share Unit Plan for continuation until the Company’s next annual general meeting, as such Restricted Share Unit Plan is more particularly described in the accompanying Information Circular.   This proxy revokes and supersedes all earlier dated proxies andMUST BE SIGNED PLEASE PRINT NAME Signature of registered owner(s) Date (MM/DD/YYYY)	1. Election of Directors FOR WITHHOLD a) Scott Eldridge   b) Kelvin Lee   c) Jeff Wilson   2. Appointment of Auditors FOR WITHHOLD Appointment of WDM Chartered Professional Accountants, as Auditors of the Company for the ensuing year and authorizing the Board of Directors to fix their remuneration   3. Stock Option Plan FOR AGAINST To ratify and approve the Company’s Stock Option Plan for continuation until the Company’s next annual general meeting, as such Stock Option Plan is more particularly described in the accompanying Information Circular.   4. Restricted Share Unit Plan FOR AGAINST To ratify and approve the Company’s Restricted Share Unit Plan for continuation until the Company’s next annual general meeting, as such Restricted Share Unit Plan is more particularly described in the accompanying Information Circular.   This proxy revokes and supersedes all earlier dated proxies andMUST BE SIGNED PLEASE PRINT NAME Signature of registered owner(s) Date (MM/DD/YYYY)
Request for Financial Statements In accordance with securities regulations, security holders may elect to receive Annual Financial Statements, Interim Financial Statements and MD&As. Instead of receiving the financial statements by mail, you may choose to view these documents on SEDAR at www.sedar.com. I am currently a security holder of the Company and as such request the following:
Interim Financial Statements with MD&A –Check the box to the right if you would like toRECEIVEinterim financial statements and accompanying Management’s Discussion & Analysis by mail.	Annual Financial Statements with MD&A –Check the box to the right if you would like toRECEIVEthe Annual Financial Statements and accompanying Management’s Discussion and Analysis bymail.

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Proxy Voting – Guidelines and Conditions

1. THIS PROXY IS SOLICITED BY MANAGEMENT OF THE COMPANY.

2. THIS PROXY SHOULD BE READ IN CONJUNCTION WITH THE MEETING MATERIALS PRIOR TO VOTING.

1. If you appoint the Management Nominees to vote your securities, they will vote in accordance with your instructions or, if no instructions are given, in accordance with the Management Voting Recommendations highlighted for each Resolution on the reverse. If you appoint someone else to vote your securities, they will also vote in accordance with your instructions or, if no instructions are given, as they in their discretion choose.

2. Each security holder has the right to appoint a person other than the Management Nominees specified herein to represent them at the Meeting or any adjournment or postponement thereof. Such right may be exercised by inserting in the space labeled “ Please print appointee name ”, the name of the person to be appointed, who need not be a security holder of the Company.

3. The proxy confers discretionary authority in respect of amendments or variations to matters identified in the Notice of Meeting or other matters that properly come before the meeting or any adjournment or postponement thereof.

4. To be valid, this proxy should be signed in the exact manner as the name appears on the proxy. If the proxy is not dated, it is deemed to bear the date of its mailing to the security holders of the Company.

5. To be valid, this proxy must be filed using one of the Voting Methods and must be received by Olympia Trust Company before the date noted on the reverse, or in the case of any adjournment or postponement of the Meeting not less than 48 hours (Saturdays, Sundays and holidays excepted) before the time of the adjourned or postponed meeting.

6. Guidelines for proper execution of the proxy are available at www.stac.ca. Please refer to the Proxy Protocol.

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