CRITICAL ELEMENTS ANNOUNCES THE RESULTS FROM THE ANNUAL MEETING OF SHAREHOLDERS

Published: 2025-05-16 05:50:13 ET CRE.V

Published on 05/16/2025 at 05:50

Critical Elements Lithium Corporation (the 'Corporation' or 'Critical Elements') (TSX.V: CRE) (US OTCQX: CRECF) (FSE: F12) is pleased to announce that at its Annual shareholders meeting (the 'Meeting') held on May 15, 2025, shareholders of the Corporation approved all the resolutions, as follows.

Election of Jean-Sebastien Lavallee, Steffen Haber, Eric Zaunscherb, Marc Simpson, Matthew Lauriston Starnes, Marcus Brune, Ani Markova, Maysa Habelrih and Vanessa Laplante as directors;

Appointment of KPMG LLP as auditors.

The total number of common shares represented by shareholders in person and by proxy at the Meeting was 31,173,541, representing 14.31% of the Corporation's outstanding common shares.

About Critical Elements Lithium Corporation

Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries. To this end, Critical Elements is advancing the wholly-owned, high-purity Rose Lithium-Tantalum project in Quebec, the Corporation's first lithium project to be advanced within a land portfolio of over 1,050 km2. On August 29, 2023, the Corporation announced results of a new Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 65.7%, with an estimated after-tax net present value of US$2.2B at an 8% discount rate. In the Corporation's view, Quebec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 94% hydroelectricity. The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government, received the Certificate of Authorization pursuant to section 164 of Quebec's Environment Quality Act from the Quebec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, and the project mining lease from the Quebec Minister of Natural Resources and Forests under the Quebec Mining Act.

Contact:

Jean-Sebastien Lavallee

P. Geo.

Chief Executive Officer

Tel: 819-354-5146

Email: [email protected]