Lithium Chile Inc. agreed to Spin-Off Kairos Gold Inc. on April 18, 2024. 22,629 hectares of Chilean gold properties are to be transferred to Kairos Gold Inc. Lithium Chile will then consider distributing the shares of Kairos on a pro-rata basis to shareholders of the Company. Based on management's plans and the current share capital of the Company, it is anticipated that this will result in existing shareholders receiving approximately 1 share of Kairos for every 10 shares of the Company.

PI Financial Corp. acted as a financial advisor to Lithium Chile Inc.