Futura Lithium Corp. Approves Pre-IPO Shares for Sale

Futura Lithium Corp. confirms today that their private equity partners are cleared to offer pre-IPO shares in the company to corporate and private investors. End Quote

(1888PressRelease) June 12, 2023 - At this time the pre-IPO shares are authorized to be sold at the present audited share value of USD $7.55 per share. The share value was detemined by the most recent full company audit that was conducted in December 2022 by the global professional services network of Deloitte Touche Tohmatsu Limited.

Futura Lithium Corp. previously announced on January 18, 2023 that the company will be progressing forward towards an IPO listing. The company intends to list the IPO on one of the U.S. stock markets within 2023.

Futura Lithium Corp.CEO Jonathan Harmon stated today; “We are now allowing our private equity partners to offer pre-IPO shares for sale to their clients. The shares can only be sold at the current audited value of the shares. Pre-IPO investors will obviously benefit from participating early as all indications point to the IPO being very rewarding since the lithium equities market is forecasted to continue escalating greatly in the near future as well as the long-term. An updated audit will be performed after negotiations on a funding agreement for the Argentina project is signed. We are now very close to signing a major deal for that project. At that time the audited share value will go higher. ”

Mr. Harmon also confirmed that Futura Lithium Corp. are currently very close to securing underwriting contracts with a a group of multi-national investment banking institutions that will initiate the IPO process. Announcements will be coming soon relating to the matter.

Jonathan Harmon remarked; "Due to the massive growth of the electric vehicle industry and the industry of renewable energy storage we are now in an extremely high growth era for lithium. It's also called "White Oil", due to the colour and that it acts as fuel for batteries. We strongly feel that by having an IPO this year, our shareholders will maximize the return on their investments and be richly rewarded for showing faith in our company."

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