Ann: Application for quotation of securities - GT1, page-19

Sheesh, Ontario, Canadian, worldwide lithium equities have been under enormous pressure due to 15 months of constant falling spodumene prices. PA (price action) is driven by sentiment. Look around no PA to the upside, just constant market corrections happening to the individual lithium companies to the downside. CRR was taken down to the lows before GT1 on the basis of premium flow through shares released during CRs.

GT1 already hit their lows, in my opinion, just belated due to the company CR. I do not believe GT1 will go under 10c. Also, the company is not alone. BM8 will suffer the same fate, worse with lack of liquidity.

Seems now lithium chemicals carbonate, hydroxide beginning its turnaround sooner than expected. Spodumene always historically has a price lag.

After Chinese New Year, no doubt volatility will make for another correction in lithium equities on the back of lithium prices. Correlation will repeat to the upside.

GT1 holder's will survive just patience to see out this bearish dowturn, fundamentals with given companies still stand, no disaster just human emotions at play!