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D2 Lithium Corp. Announces Discontinuance of Counterclaims and Litigation Update

Langley, British Columbia — February 20, 2026 — Leads & Copy — D2 Lithium Corp. has announced the discontinuance of five counterclaims filed against it in the Court of King’s Bench of Alberta. The counterclaims, filed in September 2023 by former directors, officers, and certain employees, totaled $550,000.

D2 Lithium (TSX-V: DWTO) (OTC: DTWOF) also reported that it has received full and final releases in favor of the company from all former directors, officers, and employees who were plaintiffs in the counterclaims.

The company also provided an update on the litigation claims against various parties, including former directors Chris Brown and Sameer Uplenchwar, and their spouses, Tara Brown and Nandita Apte, in Court File Number 2301-04232 and Court File Number 2401-06205.

The multiple litigation claims have been consolidated into a single action, Court File Number 2301-04232. Details of these claims were previously released on July 2, 2024, and March 31, 2023. Copies of all filings are available to the public from the Court of King’s Bench in Calgary, Alberta.

D2 Lithium said it will provide further updates on material developments as they become available.

Source: D2 Lithium Corp.

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