NOA Lithium Brines Inc. announced the appointment of founder and existing Board member Gabriel Rubacha as Chief Executive Officer (CEO) of the Company. Current President and CEO Taj Singh will move to the role of Strategic Advisor and will also continue on as the Company's Qualified Person (QP). These changes will take effect on September 1, 2023.

This planned transition is aligned with the Company's increasing levels of activities in Argentina and the technical advancement of its projects. The Company plans to accelerate its drill program on the Rio Grande project in order to deliver a maiden resource estimate in the first half of 2024 as well as kick-off an initial drill program at the Company's Arizaro project over the next few months. Mr. Rubacha is residents of Argentina with significant in-country experience and have been directing operations in Argentina for the Company to date.

Mr. Rubacha has over 30 years of engineering and construction experience, with over two decades at Techint Group, a multibillion-dollar Argentinian conglomerate. Most recently, for 5 years, Mr. Rubacha was CEO at Minera Exar SA (joint venture between Ganfeng Lithium Co. Ltd. and Lithium Americas Corp.) and President of South American Operations at Lithium Americas Corp.

Mr. Rubacha holds an International MBA, a Master's degree in Strategic Management, and an Engineering degree. Mr. Rubacha also completed executive programs at the University of Virginia Darden School of Business and at Harvard Business School.