Forza Lithium Corp. (CNSX:FZ) agreed to acquire Planet Green Metals Inc on January 23, 2024. As a part of consideration, Forza Lithium Corp.

will buy all 11.3 million common shares of Forza and will issue one Payment Share for each one Planet Green Share held. The transaction is subject to a number of closing conditions set forth in the Agreement, including, but not limited to: (i) satisfactory completion of due diligence investigations by each of the Company and Planet Green; (ii) all necessary approvals, waivers and consents required to be obtained by Planet Green in connection with the transactions contemplated by this Agreement; (iii) receipt of all requisite regulatory and third party approvals; and (iv) the Harrison Road Lithium Option Agreement (as defined below) being in good standing, together with other standard closing conditions. The Payment Shares will be subject to a hold period of four months plus one day from the date of completion of the Transaction.

Additionally, 9.05 million of the Payment Shares will be subject to a voluntary Pooling Agreement. 20% of the pooled Payment Shares will be released on each of June 26, 2024, December 26, 2024, June 26, 2025, December 26, 2025 and June 26, 2026. Jeremy S. Brett as President and Chief Executive Officer, Robert Turgeon as Chief Financial Officer, and Michele Pillon as Corporate Secretary and Nicholas Coltura will join the board of directors.

The Company change its name to ?Planet Green Metals Inc.? in conjunction with the completion of the Transaction. The transaction is expected to close early February.