Mr. Gurminder Sangha reports

FIRST ENERGY METALS PROVIDES CORPORATE UPDATE AND ANNOUNCES PRIVATE PLACEMENT

First Energy Metals Ltd. commenced its previously announced exploration drill program on Dec. 12, 2018, but due to poor weather conditions, there have been delays in the completion of the exploration program. The company expects to complete the drill program in the coming weeks.

The company is pleased to report that its shareholders approved all of the motions presented at its annual general meeting held on Feb. 19, 2019.

The company is also pleased to announce a non-brokered private placement for gross proceeds of up to $75,000 from the sale of up to 357,143 common shares at a price of 21 cents per common share. Proceeds of the private placement will be used primarily for general working capital and further exploration of the company's Phyllis cobalt property.

The above-mentioned private placement will be subject to TSX Venture Exchange approval in addition to compliance with applicable securities laws and receipt of all final regulatory approval.

About First Energy Metals Ltd.

First Energy Metals is a junior resource company engaged in the exploration and development of energy metals, such as lithium, cobalt and graphite, within its property portfolio in North America. The company's goal is to acquire prospective technology metals properties and develop them. The company currently holds an option to acquire a 100-per-cent interest in the Phyllis cobalt property in Ontario, Canada, in addition to the recently optioned Russel graphite property in Gatineau area of Quebec. First Energy Metals (formerly Agave Silver) was incorporated on Oct. 12, 1966, in the province of British Columbia.

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