FRONTIER LITHIUM FILES YEAR-END MARCH 31, 2026 FINANCIAL STATEMENTS

SUDBURY, ON, July 14, 2026 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (OTCQB: LITOF) (FRA:HL2) ("Frontier" or the "Company") is pleased to announce it has filed its annual financial statements and accompanying management's discussion and analysis for the period ended March 31, 2026 ("Annual Filings"). The Annual Filings disclose the Company's financial and operational results for the year ending March 31, 2026 and highlight recent achievements supporting its goal to supply lithium products, starting with spodumene concentrates and progressing to battery-grade lithium chemicals, for electric vehicles and batteries.

FY2026 Highlights and Recent Developments

As at March 31, 2026, Frontier maintained an adequate financial position and strengthened this position with the completion of a $15 million bought deal public offering in April 2026. Proceeds from this offering are expected to be used by the Company to support the next phase of project development, focusing on technical, environmental, permitting, and corporate activities related to the Company's mine and mill development. The mine and mill represent the initial phase of the Company's integrated strategy.

PAK Lithium Project Advancement

During fiscal 2026, Frontier continued to advance its PAK lithium project ("PAK Lithium Project" or "Project") through exploration activities, environmental baseline studies, and community engagement initiatives. The Company's mine and mill feasibility study ("Mine and Mill Feasibility Study"), completed during fiscal 2026, delivered positive results and confirmed the technical and economic viability of the standalone development of the Company's PAK and Spark lithium deposits. The results of the Mine and Mill Feasibility Study continue to support Frontier's advancement of the PAK Lithium Project toward future development decisions.

Advancing Environmental, Permitting, and Infrastructure Work

Frontier continued to complete environmental baseline work and related technical studies to support permitting efforts for its PAK Lithium Project and the Company continued its participation in Ontario's One Project, One Process framework (1P1P), which is intended to support coordination among provincial permitting and authorization processes. These activities are important elements in advancing the Project in a disciplined and transparent manner.

The Ontario Government commenced construction activities on the Berens River bridge project beginning in 2026, which is an important infrastructure component supporting future access to the PAK Lithium Project area. Frontier is working with government and Indigenous partners to advance enabling infrastructure that supports future development.