Exhibit 99.1

[LITHIUM CORPORATION LOGO]

                                                                    NEWS RELEASE
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FOR IMMEDIATE RELEASE                                                OTCBB: LTUM

                      LITHIUM CORPORATION PRIVATE PLACEMENT

RENO, NV - March 25, 2010 -Lithium Corporation (OTCBB: LTUM) (the "Company",  or
Lithco)  is  pleased  to  announce  that it has  closed a  non-brokered  private
placement,  and has  received  $2,000,000  USD gross  proceeds  from the sale of
2,000,000 units. Each Unit is comprised of one warrant and one common share, and
each warrant  provides the  subscriber the right to purchase one common share of
Lithium Corporation for $1.20 USD within one year, or $1.35 USD within two years
of the Closing date. Subscribers will have the preferential right to participate
in any subsequent private placements.

Lithco  intends  to use the  proceeds  from this  private  placement  for future
on-going exploration efforts on its six lithium properties in Nevada.

The  securities  to be  issued  and sold in the  private  placement  will not be
registered under the Securities Act of 1933 as amended (the "Act"),  and may not
be offered or sold in the United  States absent  registration,  or an applicable
exemption from registration, under the Act.

For further  information  please contact Samantha White at (888) 299-3989 or via
email at info@lithiumcorporation.com

NOTICE REGARDING FORWARD-LOOKING STATEMENTS

This  current  report  contains  "forward-looking  statements,"  as that term is
defined in Section 27A of the United States  Securities  Act of 1933 and Section
21E of the  Securities  Exchange Act of 1934.  Statements  in this press release
which are not purely historical are  forward-looking  statements and include any
statements  regarding beliefs,  plans,  expectations or intentions regarding the
future,  including  but not  limited  to, any  mineralization,  exploration  and
development of our mineral properties, specifically in regards to Lithium.

Actual  results  could  differ  from  those  projected  in  any  forward-looking
statements due to numerous  factors.  Such factors  include,  among others,  the
inherent  uncertainties  associated with mineral  exploration  and  difficulties
associated with obtaining  financing on acceptable  terms. We are not in control
of minerals prices and these could vary to make  development  uneconomic.  These
forward-looking  statements are made as of the date of this news release, and we
assume no obligation to update the forward-looking  statements, or to update the
reasons  why  actual   results   could  differ  from  those   projected  in  the
forward-looking  statements.  Although  we  believe  that  the  beliefs,  plans,
expectations  and  intentions  contained in this press  release are  reasonable,
there can be no assurance that such beliefs,  plans,  expectations or intentions
will prove to be accurate.  Investors  should consult all of the information set
forth  herein and should also refer to the risk factors  disclosure  outlined in
our most recent annual report for our last fiscal year,  our quarterly  reports,
and other  periodic  reports filed from  time-to-time  with the  Securities  and
Exchange Commission.