Mr. Adrian Hobkirk reports

KNIGHT PIESOLD CONSULTING AND JDS ENERGY & MINING SELECTED FOR PRELIMINARY ECONOMIC ASSESSMENT AT HOMBRE MUERTO NORTH

NRG Metals Inc. has selected Knight Piesold Consulting and JDS Energy & Mining to prepare a National Instrument 43-101 preliminary economic assessment (PEA) on its flagship Hombre Muerto Norte (HMN) lithium project, located in Salta province, Argentina.

The HMN project is strategically located in the Hombre Muerto salar, an area of active lithium production. The development strategy for HMN focuses on production of 5,000 tonnes per year of lithium carbonate, with the potential for expansion. A site visit was completed in December, 2018, and the project evaluation and report are progressing in a timely manner. The report is expected to be completed during Q1 2019.

Knight Piesold is a global consulting firm that provides specialized services to the mining, power, water resources, infrastructure, and oil and gas industries. The company focuses on creating value at every stage of a project through quality-driven, sustainable and cost-effective solutions. Established in South Africa in 1921, Knight Piesold has expanded its reach into a global network of over 800 professionals based in offices in North America, South America, Europe, Africa, Australia and Asia. Knight Piesold has extensive experience working in Argentina, with offices in Mendoza, San Juan and Neuquen.

JDS is an engineering, project and construction management firm composed of a diverse set of skilled and highly experienced mining and construction professionals. With a proven record of providing clients with fit-for-purpose solutions and value delivery, JDS has acquired a reputation for delivering and executing project plans on budget, on time and, most importantly, safely. The JDS team prides itself on delivering project concepts from inception to full operations, providing clients with technical engineering support, on-site operations services and EPCM (engineering, procurement and construction management).

NRG recently filed a report titled "Initial Measured Lithium and Potassium Resource Estimate Hombre Muerto North Project, Salta and Catamarca Provinces, Argentina." The report was completed in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, on behalf of the company by independent consultants Montgomery and Associates of Santiago, Chile. The report identifies 571,000 tonnes of lithium carbonate equivalent at a grade of 756 parts per million lithium in the combined measured and indicated categories, with a low magnesium-to-lithium ratio of 2.6 to 1.0 (Oct. 3, 2018, press release) that will be used in the completion of the PEA.

The HMN project is strategically located in the Hombre Muerto salar, an area of active lithium production by FMC at the Fenix lithium mine, approximately 12 kilometres south of the project area. The project is surrounded by ground now owned by POSCO, a Korean-based lithium producer, as a result of its $280-million (U.S.) purchase of the area from Galaxy Resources Ltd., an Australian-based producer. Galaxy is also moving its portion of the Hombre Muerto salar, the Sal de Vida project, to lithium production.

We seek Safe Harbor.