Mr. Alex Holmes reports

PLATEAU ENERGY METALS ANNOUNCES PRIVATE PLACEMENT

Plateau Energy Metals Inc. intends to complete a non-brokered private placement of up to four million units at a price of 25 cents per unit for gross proceeds of up to $1-million. Each unit will consist of one common share in the capital of the company and one-half of one non-transferable common share purchase warrant. Each whole warrant will be exercisable to acquire one share at an exercise price of 50 cents per share for a period of 24 months from the date of issuance.

In connection with the offering, the company may pay finders' fees to eligible finders of up to 6 per cent of the gross proceeds received and may issue warrants equal to 6 per cent of the units placed. The finders' warrants will have the same terms as the warrants forming part of the units. The offering will not be subject to a minimum subscription amount.

The company intends to use the net proceeds from the offering for working capital and general corporate purposes. The offering is scheduled to close on or about Sept. 17, 2019, and is subject to certain conditions customary for transactions of this nature including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

The securities issued under the offering will be subject to a statutory hold period of four months and one day following the closing date.

About Plateau Energy Metals Inc.

Plateau, a Canadian exploration and development company, is enabling the new energy paradigm through exploring and developing its Falchani lithium project and Macusani uranium project in southeastern Peru. The company, with mineral concessions covering over 93,000 hectares (930 square kilometres), controls all reported uranium mineral resources known in Peru and has significant and growing lithium mineral resources, all of which are situated near infrastructure.

We seek Safe Harbor.