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FRONTIER LITHIUM FRONTIER LITHIUM REPORTS FIRST QUARTER RESULTS AND RECENT HIGHLIGHTS SUDBURY , ON , Aug. 26 , 2026 / CNW / -- Frontier Lithium Inc. ( TSXV : FL ) ( FRA : HL2 ) ( OTCQB : LITOF ) ( " Frontier Lithium " or the " Company " ) has reported financial results for the three months ended June 30 , 2026. The unaudited condensed consolidated interim financial statements and related management's discussion and analysis have been filed on SEDAR + and can be viewed under the Company's profile at www.sedarplus.ca , as well as on the Company's website at www.frontierlithium.com . First Quarter Financial Highlights As at June 30 , 2026 , the Company had cash and cash equivalents of approximately $ 20.9 million . On April 30 , 2026 , the Company completed a $ 15.0 million bought deal offering , resulting in net proceeds of approximately $ 13.6 million . These funds provide a strong financial position to support corporate and administrative expenses and advance the Company's planned business objectives . Recent Highlights • On August 6 , 2026 , Frontier Lithium Advanced Materials Inc. entered into a contribution agreement with Natural Resources Canada under the Global Partnerships Initiative , providing for a non - repayable contribution of up to $ 2.3 million , subject to the agreement's terms and conditions . • Funding under the Global Partnerships Initiative is intended to support technical and economic feasibility work to optimize lithium refining flowsheets and assess commercialization pathways for secondary materials generated during the lithium conversion process , with a focus on evaluating sodium sulphate for specialty fertilizer production . • On August 13 , 2026 , the Company entered into an amendment agreement relating to its unsecured convertible loan for $ 3.35 million . The proposed amendments include extending the maturity date to February 25 , 2028 and changing the conversion price to $ 0.455 per common share . All other terms and conditions of the convertible loan remain unchanged . The amendments remain subject to applicable regulatory authorizations , including TSX Venture Exchange approval . • The Company continued environmental baseline studies to support project permitting . " Supported by a strong treasury and important government and industry partnerships , Frontier Lithium continues to advance the PAK Lithium Project through key development milestones . Our focus remains on permitting , infrastructure , technical studies , and building the foundation for a fully integrated lithium business that can help meet North America's growing demand for critical minerals and battery materials , " said Trevor Walker , President and Chief Executive Officer of Frontier Lithium . ON BEHALF OF THE BOARD OF DIRECTORS Trevor Walker , Chief Executive Office About Frontier Lithium