Vinland Lithium Inc Provides Update on Claim Purchase

About this update from Vinland Lithium Inc

Vinland Lithium Inc Provides Update on Claim PurchaseThunder Bay, Ontario--(Newsfile Corp. - June 30, 2026) - Vinland Lithium Inc. (TSXV: VLD) ("Vinland" or the "Company") further to its June 18th, 2026 press release, the Company advises on June 3, 2026 it signed a land purchase agreement with Carey Galeschuk (the Vendor) to acquire 1 mineral license comprised of 4 claim units. The Company has paid the one-time purchase price of CDN $3,000 cash and issued 5,000 common shares of the Company. The Vendor will retain a 1% Net Smelter Royalty (NSR). The transaction is arm's length and no finder's fee is payable. All securities issued under this transaction are subject to a 4-month and 1 day hold. About Killick Lithium Project: Vinland Lithium Inc. is a mineral exploration company listed on the TSX Venture Exchange under the symbol VLD. Vinalnd holds 100% interest in the Killick Lithium Project in Southwestern Newfoundland and subject only to a 2% NSR (1% each to Benton Resources and Pirate Gold). Vinland is focused on advancing the recently-discovered Killick Lithium Project which covers 30 kilometers of highly-prospective geological terrane in proximity to the Baie d'Est Fault. The project boasts multiple spodumene-pegmatites within the Kraken Pegmatite Field and high-grade cesium-tantalum-lithium hosted in the Hydra Pegmatite. Further potential for discovery is excellent given the extensive number of untested geochemical and geophysical targets present. All initial drilling phases at the Killick Lithium Project to date have returned impressive results from multiple pegmatites including: 8.4m of 0.95% Li2O in GH-22-01 at the Kraken Dyke, 16.2m of 0.43% Li2O in GH-22-05 at the Kraken North Dyke, 20.82m of 0.60% Li2O incl. 5.5m of 1.16% Li2O in GH-22-15, and 8.37m of 0.91% Li2O in GH-22-08 at the East Dyke and 15.23m of 1.04% Li2O in GH-22-27 and 13.37m of 1.22% Li2O in GH-22-45 at the Killick Dyke. At the Hydra Cesium Dyke, initial channel sample results to 8.75% Cs2O, 0.41% Li2O, 0.025% Ta2O5 and 0.33% Rb2O over 1.2 meters including 13.57% Cs20 and 0.32% Li20 over 0.4m.Figure 1: Killick Lithium Project - General Location MapTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11666/303576_4168472d74e769c2_001full.jpgQA/QC ProtocolsRock and core samples from 2022-2025 were submitted to SGS Canada Inc. in Grand Fa...

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