Willcox International Holdings Inc. executed a Joint Venture Agreement (the "Agreement") with Maverick Energy Group Ltd. Dated November 27, 2023, the Agreement provides a roadmap for collaboration between the Companies which could hold great potential, with work pursuant to the Agreement to begin within the next few weeks. In their efforts to expand the Company's Lithium projects, Willcox International, through its subsidiary Willcox Energy Inc. will begin testing oil field brines made available by Maverick in several potentially high lithium concentration areas. Located primarily in the, Permian Basin Smackover Formation, as well as the Texas and Oklahoma panhandles, the geographic region of Maverick's holdings is known for containing high, commercially viable concentrations of lithium.

Willcox will be using the environmentally friendly direct lithium extraction methods, DLE, to produce lithium and then refine the product into battery grade lithium carbonate.