• FCL has signed its first grasp distribution contract to marketplace FCL-X™ throughout the USA with AEST Hearth and Protection, a USA founded fireplace protection merchandise distributor
• AEST has performed in depth analysis and checking out to validate FCL-X™ forward of its advertising and marketing and gross sales efforts

TORONTO, Oct. 31, 2024 /PRNewswire/ – Complete Circle Lithium Corp. (“FCL” or the “Company”) (TSXV: FCLI) (OTCQB: FCLIF), a USA-based lithium merchandise producer,  broadcasts the signing if an preliminary distribution contract with AEST Hearth and Protection (“AEST”), marking an important milestone within the Corporate’s efforts to commercialize its proprietary and leading edge lithium-ion battery fireplace combating agent – FCL-X™. This distribution association will see AEST marketplace FCL-X™ throughout residential, business, and industrial settings and most significantly into the primary responder fireplace protection trade.

In america, there are over 27,000 fireplace areas responding to emergencies from greater than 58,000 fireplace stations. Between 2017 and 2022, there have been over 25,000 fireplace incidents connected to lithium-ion batteries, with numbers emerging each and every 12 months. This items an important problem for each fireplace areas and the people, specifically in city gardens the place the utility of electrical cars, e-bikes, and e-scooters has surged, and conventional fireplace suppression brokers have confirmed insufficient. Globally, incidents of lithium-ion battery-related fires are expanding, for the purpose of each bodily harm and private loss. FCL believes that its FCL-X™ lithium-ion battery fireplace extinguishing agent is perfectly suited not to simplest release the risks related to those fires but additionally to extinguish them utterly, assisting firefighters, first responders, and the people in minimizing their have an effect on on human lives and quality.

Famend for its confirmed observe report in fireplace protection answers, AEST has performed in depth analysis and checking out to fulfill itself that FCL-X™ is best possible in school for these kinds of fires. This collaboration will leverage AEST’s experience, sources and established relationships with outlets and wholesalers, making sure that FCL-X™ is extensively advertised to sure sections of america marketplace.

“Recognizing the potential dangers of lithium-ion battery fires, finding an effective extinguishing agent has been an urgent priority for us,” stated David Laviner, Founder & President of AEST. “Incidents involving lithium-ion battery fires can have devastating consequences, and there has been a lack of effective solutions in the market specifically designed to combat these fires. The FCL-X™ fire suppression agent represents a significant advancement in our ability to protect lives and property.”

Carlos Vicens, CEO and Director of FCL said “AEST’s reputation and commitment to excellence align perfectly with our mission to protect against potential fire hazards associated with lithium-ion batteries.  The FCL-X™ fire suppression agent is designed to mitigate the risks associated with lithium-ion battery fires, offering advanced technology tailored for efficient response. With this partnership, FCL aims to establish a robust US distribution network that ensures accessibility to this critical safety solution, ultimately safeguarding lives and property.”

The grasp distribution contract with AEST essentially emphasizes the FCL-X™ Extinguishers and FCL-X™ PRO product strains, granting AEST sure unique distribution rights within the USA for an outlined length. The Corporate keeps the best to marketplace all its merchandise globally and would possibly pursue spare distribution word of honour international and, within the USA, equipped those don’t battle with the AEST contract.

About AEST Hearth and Protection

AEST Hearth and Protection lend skilled apparatus gross sales and services and products to the hearth and rescue trade and has an intensive distribution community that covers key markets and areas within the USA. AEST has a longtime courting with outlets and wholesalers and is a grasp distributor for key manufacturers akin to Morning Pleasure, Genesis Rescue Equipment, Draeger, Artic Compressors, and BioEx Foam. With a +15-year historical past of a success partnerships and a name for reliability, AEST has constantly demonstrated the facility to bring effects. AEST makes use of state of the art logistics and era answers to streamline operations within the fireplace extinguishing agent provide chain trade.

About Complete Circle Lithium Corp.

FCL has advanced an leading edge lithium-ion battery fire-extinguishing agent – FCL-X™, to deal with the expanding collection of tricky to extinguish and dangerous lithium-ion battery-based fires. A PCT patent utility has been filed by means of the Corporate to give protection to its FCL-X™ invention. Alternative data referring to FCL is to be had on SEDAR at www.sedar.com underneath the Corporate’s profile and on its site www.fullcirclelithium.com.

Cautionary Remark

Neither TSX Project Change nor its Law Products and services Supplier accepts accountability for the adequacy or accuracy of this drop.

This information drop incorporates forward-looking statements throughout the that means of securities law within the Canada and which might be in response to the expectancies, estimates and projections of control of the events as of the while of this information drop except in a different way said. Ahead-looking statements are in most cases identifiable by means of utility of the phrases “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “could”, “believe”, “plans”, “intends” or the damaging of those phrases or alternative permutations on those phrases or related terminology. Extra specifically, and with out limitation, this information drop incorporates forward-looking statements and knowledge regarding expectancies at the effectiveness of the selling and gross sales of  FCL-X™ thru distribution word of honour, the viability, effectiveness, protection and spare commercialization connected to FCL-X™ which is at an early degree of commercialization (which could be very tricky for a start-up challenge like FCL as there are a lot better and higher capitalized established firms that may doubtlessly temporarily input the lithium-ion battery fire-fighting marketplace and form sturdy festival towards FCL), on receiving patent coverage for FCL-X™ and connected innovations and processes, the facility of FCL, a start-up challenge, to effectively commercialize its FCL-X™ together with ramping-up manufacturing of the agent to fulfill doable call for, proceed elevating capital, upgrading and refurbishing its plant, and sourcing feedstock for this and its alternative strains of industrial. Such forward-looking statements contain identified and unknown dangers, uncertainties and alternative elements which would possibly motive unedited effects, efficiency or achievements to be materially other from any moment effects, efficiency or achievements expressed or implied by means of the forward-looking statements. Such elements come with, amongst others, the uncertainties and chance elements connected to the technical parts in a processing and refining trade, lack of key technical and alternative body of workers, lithium worth fluctuations, the battery fire-extinguishing agent functioning as anticipated to fulfill protection necessities and fire-fighting connected govt laws and doable shopper product specs, and acceptable environmental necessities and problems – see spare dangers described in FCL’s people filings. Unedited effects, traits and timetables may range considerably from the estimates offered. Readers are cautioned to not put undue reliance on forward-looking statements. FCL disclaims any intent or legal responsibility to replace publicly such forward-looking statements, whether or not on account of untouched data, moment occasions or in a different way, except required by means of legislation. Moreover, FCL undertakes negative legal responsibility to touch upon analyses, expectancies or statements made by means of 3rd events in recognize of FCL, its monetary or working effects or its securities.

SOURCE Complete Circle Lithium Corp.

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