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VANCOUVER, BC, AUGUST 28, 2026 – TheNewswire - AMERICAN SALARS LITHIUM INC. ("AMERICAN SALARS" OR THE "COMPANY") (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY) is pleased to announce that it has entered into a share exchange agreement dated August 27, 2026 (the "Agreement") with 1269280 WA Pty Ltd and its wholly owned subsidiary K20 Minerals Pty Ltd, Australia ( "K20" ) and all of the shareholders of K20 to acquire 100% of the issued and outstanding shares of K20 (the "Transaction" ). K20 holds a 100% legal and beneficial interest in exploration licence E38/3065, covering approximately 296 square kilometres (29,600 hectares) in Western Australia, which the Agreement identifies as the Lake Throssell sulphate of potash brine project (the "Project" or “Lake Throssell” ). Click Image To View Full Size

VANCOUVER, BC, AUGUST 27, 2026 – TheNewswire - AMERICAN SALARS LITHIUM INC. ("AMERICAN SALARS" OR THE "COMPANY") (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY) is pleased to announce that it has elected to rely on Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, and move to semi-annual financial reporting. The blanket order permits eligible venture issuers to voluntarily move from quarterly to semi-annual financial reporting. The company has determined that it meets the eligibility criteria under the blanket order, including that it is a venture issuer listing on the Canadian Securities Exchange, has annual revenue of less than $10-million and has a clean 12-month continuous disclosure record.