Item 7.01 Regulation FD Disclosure

On January 24, 2023, the directors of Lithium Corporation (the "Company") determined that due to current adverse market conditions it would be in the best interests of the Company to re-price an aggregate of 3,450,000 incentive stock options granted to consultants, directors and officers of the Company on May 26, 2022 with an exercise price of $0.22, to a revised exercise price of $0.10, to reflect the recent closing prices for the Company's common shares quoted on the OTC Markets.






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