Item 6 of the Schedule 13D is hereby amended and supplemented to add the following information: Put, Call and Exchange Agreement On January 30, 2026, Lithium Nevada Ventures LLC, a Delaware limited liability company ("LNV"), the Issuer, 1339480 B.C. Ltd, a British Columbia corporation ("B.C. Corp"), LAC US Corp., a Nevada Corporation ("LAC US"), GM Holdings, and the United States Department of Energy, an agency of the United States of America (the "DOE"), entered into that certain Put, Call and Exchange Agreement (the "Put, Call and Exchange Agreement"). Under the Put, Call and Exchange Agreement, the DOE has a put right to require GM Holdings to elect to either (i) purchase, or cause LNV to purchase, all of the penny warrants of LNV held by the DOE with respect to 5% of the economic interests in LNV (the "JV Warrants") and any non-voting units issued upon conversion thereof, as applicable (a "Warrant Sale"), or (ii) subject to applicable exchange approvals and compliance with securities laws, cause all of the DOE's JV Warrants and any non-voting units issued upon conversion thereof, as applicable, to be exchanged for a warrant to purchase a number of the Issuer's Common Shares (a "Warrant Exchange") that would result in the DOE holding a percentage of the total issued and outstanding Common Shares equal to the then applicable Warrant Conversion Rate, as defined below. The sale price for a Warrant Sale will be, as of the time of determination, the then-fair market value of the JV Warrant and any non-voting units issued upon conversion thereof, as mutually determined in good faith by GM Holdings and the DOE. If GM Holdings and the DOE cannot agree on the sale price for a Warrant Sale within 60 days of delivery of the put notice or if the Warrant Sale is not completed within 90 days of the delivery of the put notice, the parties will cause a Warrant Exchange to occur. Further, if GM fails to deliver an election as to a Warrant Sale or Warrant Exchange within 10 business days after the sale price for a Warrant Sale is mutually determined by GM and the DOE, the parties will cause a Warrant Exchange to occur. The "Warrant Conversion Rate" will be, as of the time of determination, the product of (i) 100 multiplied by (ii) the quotient obtained by dividing (A) the number of fully diluted non-voting units in LNV held by the DOE by (B) the number of outstanding units in LNV held by LAC US plus the number of fully diluted non-voting units in LNV held by the DOE. In addition, from and after the earlier of the Scheduled Substantial Completion Date and the Substantial Completion Date of the Thacker Pass Project (as such dates are defined in the Loan Arrangement Reimbursement Agreement with the DOE, as amended), GM Holdings has a call right to elect to effect, or cause LNV to effect, a Warrant Sale if a price can be agreed upon between GM Holdings and the DOE within 60 days of the delivery of the call notice. If GM Holdings and the DOE cannot agree on the sale price within 60 days of delivery of the call notice or if the Warrant Sale is not completed within 90 days of the delivery of the call notice, the parties will cause a Warrant Exchange to occur. The foregoing description of the Put, Call and Exchange Agreement is qualified in its entirety by reference to such agreement, a copy of which is filed as Exhibit 10.17 and is incorporated by reference herein.

10.1 Master Purchase Agreement, dated January 30, 2023, between Remainco and GM Holdings (incorporated by reference to Exhibit 4.1 to the Issuer's Amendment No. 3 to Form 20-F and filed with the SEC on September 27, 2023) 10.2 Tranche 2 Subscription Agreement, dated October 3, 2023, between the Issuer and GM Holdings (incorporated by reference to Exhibit 99.13 to the Issuer's Report on Form 6-K for the month of October 2023 and filed with the SEC on October 5, 2023) 10.3 Offtake Agreement, dated February 16, 2023, between Remainco and GM Holdings (incorporated by reference to Exhibit 4.8 to the Issuer's Amendment No. 3 to Form 20-F and filed with the SEC on September 27, 2023) 10.4 Investor Rights Agreement, dated October 3, 2023, between the Issuer and GM Holdings (incorporated by reference to Exhibit 99.14 to the Issuer's Report on Form 6-K for the month of October 2023 and filed with the SEC on October 5, 2023) 10.5 Letter Agreement, dated August 29, 2024, between the Issuer and GM Holdings (incorporated by reference to Exhibit 99.1 to the Issuer's Report on Form 6-K filed with the SEC on September 3, 2024) 10.6 Investment Agreement, dated October 15, 2024, between the Issuer, GM Holdings, and LNV (incorporated by reference to Exhibit 99.2 to the Issuer's Report on Form 6-K filed with the SEC on October 17, 2024) 10.7 Termination Agreement, dated October 15, 2024, between the Issuer and GM Holdings (incorporated by reference to Exhibit 99.3 to the Issuer's Report on Form 6-K filed with the SEC on October 17, 2024) 10.8 Amended and Restated Investor Rights Agreement, dated October 15, 2024, between the Issuer and GM Holdings (incorporated by reference to Exhibit 99.4 to the Issuer's Report on Form 6-K filed with the SEC on October 17, 2024) 10.9 Amended and Restated Limited Liability Company Agreement of Lithium Nevada Ventures LLC, dated December 20, 2024, between LAC US and GM Holdings (incorporated by reference to Exhibit 99.1 to the Issuer's Report on Form 6-K filed with the SEC on December 23, 2024) 10.10 Management Services Agreement, dated December 20, 2024, among Manager, LNV, LNC, and the Issuer (incorporated by reference to Exhibit 99.2 to the Issuer's Report on Form 6-K filed with the SEC on December 23, 2024) 10.11 Assignment of Offtake Agreement, dated as of October 28, 2024, by and among Issuer, LNC, and GM Holdings (incorporated by reference to Exhibit 99.3 to the Issuer's Report on Form 6-K filed with the SEC on December 23, 2024) 10.12 First Amendment to Phase 1 Offtake Agreement, dated as of October 28, 2024, by and among Issuer, LNC, and GM Holdings (incorporated by reference to Exhibit 99.4 to the Issuer's Report on Form 6-K filed with the SEC on December 23, 2024) 10.13 Direct Agreement, dated as of October 28, 2024, by and among GM Holdings, LNC, the Issuer, and Citibank, N.A. (incorporated by reference to Exhibit 99.5 to the Issuer's Report on Form 6-K filed with the SEC on December 23, 2024) 10.14 Second Amendment to Phase 1 Offtake Agreement, dated as of December 20, 2024, by and among Issuer, LNC, and GM Holdings (incorporated by reference to Exhibit 99.6 to the Issuer's Report on Form 6-K filed with the SEC on December 23, 2024) 10.15 Lithium Offtake Agreement (Phase Two), dated as of December 20, 2024, by and among GM Holdings, the Issuer and LNC (incorporated by reference to Exhibit 99.7 to the Issuer's Report on Form 6-K filed with the SEC on December 23, 2024) 10.16 Direct Agreement, dated as of December 20, 2024, by and among GM Holdings, LNC, the Issuer, and Citibank, N.A. (incorporated by reference to Exhibit 99.8 to the Issuer's Report on Form 6-K filed with the SEC on December 23, 2024) 10.17 Put, Call and Exchange Agreement, dated as of January 30, 2026 by and among LNV, the Issuer, B.C. Corp, LAC US, GM Holdings, and the DOE (incorporated by reference to Exhibit 10.6 to the Issuer's Current Report on Form 8-K filed with the SEC on February 3, 2026) 99.1 Joint Filing Agreement, dated February 3, 2026, by and between the Reporting Persons 99.2 Directors and Executive Officers of GM and GM Holdings