Mr. Patrick Laperriere reports

CRITICAL ELEMENTS LITHIUM ANNOUNCES APPOINTMENT OF MS. NANCY DUQUET-HARVEY AS SENIOR DIRECTOR OF SUSTAINABLE DEVELOPMENT AND ENVIRONMENT

Critical Elements Lithium Corp. has appointed Nancy Duquet-Harvey as senior director of sustainable development and environment.

Ms. Duquet-Harvey holds a Bachelor of Science in Environmental Management from Royal Roads University in Victoria, British Columbia and a Mining Engineering Technician from the Haileybury School of Mines. Ms. Duquet-Harvey brings to the Company extensive environment experience at mining operations and obtaining environmental permits in northern Canada and Nunavut. She has over 25 years' experience in environmental studies, environmental monitoring and working closely with local aboriginal groups. She has contributed to the successful implementation of numerous environmental programs at several mining companies, including Agnico Eagle - Nunavut, Alamos Gold - Young-Davidson, Kirkland Lake Gold - Macassa Mine, New Britannia Mine - Manitoba and Kinross Gold - Macassa Mine, Bell Creek Mill.

Yves Perron, Vice President Engineering, Construction and Reliability, said: "I am proud to announce the arrival of a new member of the team of Critical Elements Lithium Corporation. We welcome Ms. Duquet-Harvey as Senior Director of Sustainable Development and Environment. She will implement high environmental standards and support the engineering and construction team in the permit application process for the Rose Lithium-Tantalum project. She will also strengthen the team already in place and she will be one of the leaders to drive our Company towards environmental excellence and making this project a success."

It is important to note that Critical Elements' Rose project is one of the most advanced hard-rock lithium projects in North America. It has in place:The Pikhuutaau Agreement, a complete Impact and Benefits Agreement for development, signed with the Cree governments in July 2019;The favourable decision of the Federal Minister of Environment and Climate Change rendered in August 2021;The approval by the Quebec Minister of Natural Resources and Forests of the rehabilitation and restoration plan concerning the Project in May 2022; andThe receipt of the Certificate of Authorization pursuant to section 164 of Quebec's Environment Quality Act from the Minister in November 2022.

The Corporation anticipates receipt of the Project's Mining Lease in the near future, which will be another important step closer to making a final investment decision for the Project.

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 project in Quebec, the Corporation's first lithium project to be advanced within a land portfolio of over 1,050 square kilometers. On June 13th, 2022, the Corporation announced results of a feasibility study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 82.4%, with an estimated after-tax net present value of US$1.9 B 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 and also 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.

We seek Safe Harbor.