Lithium South Corporation

Lithium South Announces Results of its Annual and Special Meeting of Securityholders

The shareholders voted in favour of all items of business presented at the Meeting, including: (i) the arm’s length sale by the Company of all of the issued and outstanding shares of its wholly-owned subsidiary, NRG Metals Argentina S.A., which holds a 100% ownership interest in the Company’s Hombre Muerto North Lithium property located in  Salta Province, Argentina (the “Sale of Subsidiary”), (ii) the plan of arrangement (the “Going Private Arrangement”), (iii) the election of directors, (iv) the appointment of Davidson & Company LLP, Chartered Professional Accountants auditor, and (v) the re-approval of the option plan.

Shareholders voted 74.47% in favour of the Sale of Subsidiary and 87.74% in favour of the Going Private Arrangement.  In addition, all of the securityholders of the Company which includes the shareholders, the holders of incentive stock options and holders of common share purchase warrants collectively voted 48.10% in favour of the Going Private Arrangement.