Company Overview - Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian clean energy exploration company listed on NASDAQ under the ticker LITM, with a portfolio that includes two uranium projects and two hard rock lithium projects [9] Offering Details - The company announced a public offering of 18,750,000 common shares at a price of US$0.80 per share, aiming for total gross proceeds of approximately US$15,000,000 before expenses [6] - The offering is being conducted under a shelf registration statement filed with the U.S. SEC, and the expected closing date is December 31, 2024, pending customary conditions [2][6] Project Focus - The current focus of Snow Lake is on advancing the exploration of its uranium projects to support the clean energy transition, while exploration on its lithium projects will be limited until the lithium market recovers [4]

Snow Lake Energy Secures Funding to Advance Uranium Exploration, Supporting Nuclear Energy's Critical Role in Powering AI Data CentersDecember 23, 2024 9:47 AM EST | Source: Snow Lake Resources LtdWinnipeg, Manitoba--(Newsfile Corp. - December 23, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration company, announces that it is now funded to continue progressing its exploration programs at its portfolio of clean energy mineral projects.I ...

Winnipeg, Manitoba--(Newsfile Corp. - December 20, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration company, announces a corporate update regarding its portfolio of clean energy mineral projects.HighlightsPublic offering of approximately US$6.45 million successfully completedSnow Lake fully funded for 2025 exploration programs on its two uranium projectsEngo Valley Uranium Project Phase 1 drill program now completeEngo Valley Phase 2 drill program ...

Winnipeg, Manitoba--(Newsfile Corp. - December 20, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company"), a uranium exploration company, today announced the closing of its previously announced best efforts public offering of 15,750,000 common shares at a public offering price of US$0.41 per share, for gross proceeds of approximately US$6.45 million, before placement agent fees and offering expenses. The Company intends to use the net proceeds from the offeri ...

Winnipeg, Manitoba--(Newsfile Corp. - December 19, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company"), a uranium exploration company, today announced the pricing of a best efforts public offering of 15,750,000 common shares at a public offering price of $0.41 per share, for gross proceeds of approximately $6.45 million, before deducting placement agent fees and offering expenses. All of the common shares are being offered by the Company. The offering is e ...

Winnipeg, Manitoba--(Newsfile Corp. - December 18, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration company, today announced that it intends to offer to sell its common shares (or pre-funded warrants ("Pre-Funded Warrants") in lieu thereof) in a best efforts public offering. All of the common shares (or Pre-Funded Warrants in lieu thereof) are to be sold by the Company. ThinkEquity is acting as sole placement agent for the offering.The offering is ...

Company Updates - Snow Lake Energy announces positive preliminary results from the first eight reverse circulation drill holes at the Engo Valley Uranium Project in Namibia, with five of the eight holes returning intersections above 100 ppm eU3O8 [1][2] - The company has initiated a winter drill program at the Snow Lake Lithium Project, which has a projected base-case pre-tax NPV of USD$1.7 billion [2] - Drill hole ERCH002 showed a mineralised intersection of 355 ppm eU3O8 over a 12-meter interval, including a 3-meter interval at 684 ppm eU3O8, while drill hole ERCH007 showed a mineralised intersection of 137 ppm eU3O8 over a 20-meter interval [2] - The first phase drill program aims to confirm historical mineralization identified in sandstones and conglomerates through twinning of historical drill holes, with five of the eight drill holes intersecting uranium mineralization observable as carnotite in the drill chips [3] - Mineralization was confirmed using a downhole gamma spectrometer probe by TerraTec Namibia, an independent geophysics consultant specializing in uranium exploration [4] - Sampling was undertaken on each meter interval, with samples from the first two drill holes submitted to ALS for wet chemical analysis [5] - Snow Lake uses eU3O8 calculations as a preliminary indication for chemical grades, considering readings below 50 ppm as background radioactivity [6] Industry Insights - Nuclear energy is highlighted as a clean, zero-carbon, scalable, and low-cost energy source with greater generating capacity per land footprint compared to other fuel sources [7] - Uranium is primarily used to produce fuel for nuclear power plants, with global electricity demand estimated to grow by approximately 50% by 2040, driven by data centers supporting AI, cloud storage, and social media [7] - Major technology companies like Google, Microsoft, and Amazon are investing in nuclear energy to power their AI ambitions, with Amazon recently investing $500 million in nuclear energy [7] - Current uranium supply is insufficient to meet forecasted demand over the next decade, necessitating the development of new primary uranium sources [7] - Namibia is the world's third-largest producer of uranium, accounting for 11% of global production in 2022, with ongoing developments in uranium mining projects such as Deep Yellow Limited's Tumas Uranium Project and Bannerman Energy Ltd.'s Etango Uranium Project [8] Company Overview - Snow Lake Resources Ltd, operating as Snow Lake Energy, is a Canadian clean energy exploration company listed on NASDAQ (LITM), with a portfolio of two uranium projects and two hard rock lithium projects [10] - The company's projects include the Black Lake Uranium Project in Saskatchewan, the Engo Valley Uranium Project in Namibia, the Shatford Lake Project in Manitoba, and the Snow Lake Lithium Project in Northern Manitoba [10] - Snow Lake is currently focused on advancing the exploration of its uranium projects to support the clean energy transition, while exploration activities on its lithium projects remain limited due to the current depressed lithium market [11]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark one) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to _________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTI ...

Winnipeg, Manitoba--(Newsfile Corp. - October 29, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a Canadian clean energy exploration company, announces that Frank Wheatley, Chief Executive Officer, will be participating in The ThinkEquity Conference on October 30, 2024 at the Mandarin Oriental Hotel in New York. The ThinkEquity Conference gathers institutional investors, corporate clients, and other industry professionals to highlight groundbreaking innovations and fi ...

Project Overview - Snow Lake Energy has commenced drilling on the Engo Valley Uranium Project in Namibia, aiming to confirm and delineate historically documented uranium mineralization [2] - The project is located on the Skeleton Coast of northwest Namibia, approximately 600 kilometers north of Swakopmund, and covers an area of 69,530 hectares under Exclusive Prospecting License 5887, valid until February 12, 2026 [4] - Snow Lake currently holds a 68% interest in the project, with the potential to increase to 85% upon incurring additional exploration expenditures [4] Drilling Program - The drilling program consists of two phases: the first phase involves approximately 1,500 meters of reverse circulation drilling to twin and initiate an in-fill grid pattern between historical drill holes [3] - Downhole radiometrics will be conducted on each new drill hole, with initial results expected shortly after drilling completion [3] - The second phase will involve approximately 2,100 meters of reverse circulation drilling to expand the infill grid, aiming to produce an initial SK-1300 compliant mineral resource estimate [3] Industry Context - Namibia is the world's third-largest producer of uranium, accounting for 11% of global production in 2022 [4] - Current uranium production is insufficient to meet forecasted demand over the next decade, necessitating the development of new primary uranium supply sources [5] - Nuclear energy, which relies on uranium, supports global trends of electrification, decarbonization, and energy security, with global electricity demand estimated to grow by approximately 50% by 2040 [6][7] Company Focus - Snow Lake Energy is a Canadian clean energy exploration company with a global portfolio of clean energy mineral projects, including two uranium and two hard rock lithium projects [9] - The company is currently focused on advancing the exploration of its uranium projects to supply raw materials for the clean energy transition, while exploration activities on its lithium projects remain limited due to the current depressed lithium market [10]