Pursuant to a resolution passed by directors on Oct. 18, 2016, the company has changed its name as follows. There is no consolidation of capital.

Effective at the opening on Wednesday, Nov. 2, 2016, the common shares of Southern Lithium Corp. will commence trading on TSX Venture Exchange, and the common shares of Signal Exploration Inc. will be delisted. The company is classified as a mineral exploration/development company.

Capitalization:  unlimited shares with no par value, of which 29.3 million shares are issued and outstanding

Escrow:  none

Transfer agent:  TSX Trust Company

Trading symbol:  SNL (no change)

Further information about the Company is available on our website at www.southernlithiumcorp.com or under our profile on SEDAR at www.sedar.com.

Investor and Public Relations Contact

Southern Lithium Corp.
Sam Eskandari
Telephone: +1.416.918.6785
Email: ir@southernlithium.com Website: www.southernlithiumcorp.com

About Southern Lithium Exploration

Southern Lithium Corp. is a resource exploration company engaged in the business of acquiring and exploring minerals properties. Southern Lithium Corp. has managed to assemble an experienced management team with a growth strategy to develop a diversified portfolio of projects. The Company’s main objective is to add shareholder value through exploration and development of high quality resources through strategic acquisitions, joint ventures, and marketing while maintaining a lower risk profile through project diversification and sound, cost-effective financial management.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX venture Exchange) accepts responsibility for the adequacy or accuracy of this release.