Global Li-Ion amends Neuron project option deal

908 – 510 Burrard Street Vancouver, B.C. V6C 3A8

GLOBAL LI-ION GRAPHITE CORP. TO EXTEND NEURON GRAPHITE AGREEMENT

LION CSE GBBGF. OTCQB 0TD. F

Vancouver, British Columbia, Canada (Nov 6, 2019) – Global Li-Ion Graphite Corp. (“Global Li-Ion” or, the “Company”) (CSE: LION) has amended its original agreement (the “Agreement”) with Callinex Mines Inc. (TSX.V:CNX) (“Callinex”) dated October 27, 2017 to option a 100% interest in the Neuron Graphite Project (the “Project”). The Neuron Graphite Project is an exciting high-grade graphite discovery located near the Nickel-Copper-Cobalt PGE mining centre of Thompson, Manitoba.

Under the terms of the Agreement, Global Li-Ion can earn 100% interest in the Project by paying $200,000 CAD and issuing 1,000,000 common shares upon signing, issuing 1,000,000 common shares on the second anniversary of the date of the agreement, and issuing 3,000,000 common shares upon completion of a preliminary economic assessment, pre-feasibility study or feasibility study on or before the third anniversary of the date of the agreement.

The Company has agreed to extend the deadline of the share issuance obligation of 1,000,000 common shares by the second anniversary of the date of the agreement by one full year. In consideration for this extension, the Company will issue an additional 250,000 common shares to Callinex. All shares issued will be subject to a statutory hold period of four months plus a day from the respective date of issuance in accordance with applicable securities legislation.

All other terms and conditions of the Agreement shall remain in full force and effect.

Further information about Global Li-Ion is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and the Company’s website, www.globalli-iongraphite.com.

For Further information about the Company, please contact:

Jason Walsh Director & Officer Global Li-Ion Graphite Corp.

Telephone 604.608.6314 Email: [email protected]

Neither the Canadian Securities Exchange nor its regulation services provider have reviewed or accept responsibility for the adequacy or accuracy of this press release.

Forward-Looking Information:

This press release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “intend”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forwardlooking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks discussed in the Company's Management's Discussion and Analysis under the Company's profile on www.sedar.com. While the Company may elect to, it does not undertake to update this information at any particular time.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.