Mr. Rick Wilson reports

NEVADA ENERGY METALS EFFECTS SHARE CONSOLIDATION

Nevada Energy Metals Inc. has implemented the consolidation of its share capital on a one-for-10 basis, consolidating its 93,783,051 currently outstanding common shares to 9,378,305 common shares. The company's common shares are scheduled to begin trading on a postconsolidation basis on the TSX Venture Exchange at the market open on Wednesday, Nov. 1, 2017.

The company's common shares will continue to trade as a Tier 2 issuer on the exchange under its current stock symbol, BFF, on a postconsolidation basis and under new Cusip No. 64130N207 and ISIN CA64130N2077.

A letter of transmittal will be sent to the registered shareholders, on Nov. 1, 2017, providing instructions to surrender the share certificates evidencing their preconsolidated common shares for replacement certificates of Nevada Energy Metals Inc., representing the number of postconsolidated common shares they are entitled to as a result of the consolidation. Until surrendered, each certificate representing the preconsolidated common shares will be deemed to represent the number of postconsolidated common shares of Nevada Energy Metals that the holder thereof is entitled to as a result of the consolidation.

The company will not be issuing fractional shares as a result of the consolidation. Instead, all fractional shares equal or greater to one-half will be rounded to the next whole share. The company's outstanding stock options and share purchase warrants will be adjusted upon completion of the consolidation.

About Nevada Energy Metals Inc.

Nevada Energy Metals is a Canadian-based exploration company whose primary listing is on the TSX Venture Exchange. The company's main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The company has: a 100-per-cent ownership in 77 claims in Clayton Valley, only 250 metres from Rockwood Lithium, the only brine-based lithium producer in North America; a 100-per-cent interest in the 100-claim Teels Marsh West project, covering 2,000 acres (809 hectares) in Mineral county, Nevada; a 100-per-cent interest in the 90-claim Dixie Valley project, which is optioned 100 per cent to Lico Energy Metals Inc.; a 100-per-cent interest in the Black Rock Desert property, consisting of 130 claims located in southwest Black Rock Desert, Washoe county, Nevada, which is optioned 100 per cent to Lico Energy Metals Inc.

We seek Safe Harbor.