Elektros Provides Corporate Update and Operational Clarifications

Rhea-AI Summary

Elektros (OTC PINK: ELEK) issued corporate clarifications dated December 17, 2025 about its Sierra Leone lithium project.

The company confirmed it did not hold a mining license from January 1, 2025 through September 2025. As of September 2025 the company has obtained an artisanal mining license for the lithium project in Sierra Leone. The company also clarified that a lithium test announced earlier was conducted in August 2023 by the company's current partner on behalf of a Chinese client, and was not performed by Elektros itself.

Positive

• Obtained an artisanal mining license in Sierra Leone as of September 2025

Negative

• No mining license held from January 1, 2025 through September 2025
• Previously announced August 2023 lithium testing was not performed by Elektros

SUNNY ISLES BEACH, FL / ACCESS Newswire / December 17, 2025 / Elektros Inc. (OTC PINK:ELEK), a developer of lithium mining operations in Sierra Leone, announced corporate updates and clarifications regarding prior disclosures.

Clarification Regarding Mining License

From January 01, 2025, to September 2025, the Company did not hold a mining license in Sierra Leone. As of September 2025, the Company has obtained an artisanal mining license for its lithium project in Sierra Leone.

Clarification Regarding Lithium Testing

The Company clarifies that the lithium testing previously announced was conducted in August 2023 by the Company's current partner on behalf of a Chinese client, not by the Company itself.

About Elektros, Inc.

Elektros Inc. (OTC PINK:ELEK) business plan is to develop an artisanal mining operation based in Sierra Leone, Africa. This operation focuses on hard-rock lithium exploration, development, and the eventual exportation of the mined material to lithium refineries in the United States. www.elektros.energy

Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties. For more details, please refer to the Company's SEC filings at www.sec.gov. Elektros, Inc. undertakes no obligation to update any forward-looking statements.

Contact:

Elektros, Inc.
IR and Media Inquiries
Email: ElektrosInc@gmail.com

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

Did Elektros (ELEK) have a mining license in Sierra Leone in early 2025?

No. Elektros did not hold a mining license in Sierra Leone from January 1, 2025 through September 2025.

When did Elektros (ELEK) obtain a mining license for its Sierra Leone lithium project?

The company obtained an artisanal mining license for the project as of September 2025.

Who conducted the lithium testing referenced by Elektros (ELEK)?

The lithium testing was conducted in August 2023 by the company's current partner on behalf of a Chinese client, not by Elektros.

Does the December 17, 2025 clarification change Elektros (ELEK) prior testing claims?

Yes. The company clarified the August 2023 testing was performed by a partner for a Chinese client, not by Elektros itself.

What is the regulatory status update investors should note for ELEK on December 17, 2025?

Investors should note the company did not hold a mining license Jan–Sep 2025 and later obtained an artisanal license in September 2025.