ACME Lithium Declares Investor Relations and Digital Advertising Agreements

December 9, 2022

1

Mr. Evans’ appointment follows Winsome’s latest acquisition from Chinese language firm Sinomine Uncommon Metals Sources of 5.72% of Energy Metals’ shares, an equal variety of Warrants priced at CAD$0.40 and the rights to offtake from its Case Lake cesium, lithium and tantalum venture in Ontario . Mr. Evans will change a resigning Sinomine director.

Energy Metals goals to work with Mr. Evans, given his earlier expertise, and that of the broader Winsome workforce, to fast-track growth of the Case Lake venture, which hosts confirmed high-grade mineral occurrences. ¹

Mr. Evans served as COO of Altura Mining, throughout growth of its Pilgangoora mine in Western Australia , now owned by Pilbara Minerals and focused to be one of many world’s largest onerous rock lithium mining operations.

On the identical time, Energy Metals and Winsome are setting out phrases underneath which each firms can cooperate and mix property to develop Case Lake and different initiatives into the long run. These phrases shall be outlined in a proper Collaboration Settlement, anticipated to be finalized in early 2023.

Chris Evans , Managing Director of Winsome Sources stated, “I’m honored to simply accept this position on the Board of Energy Metals Corp. With Winsome just lately changing into a considerable shareholder in Energy Metals and buying the rights to offtake from the Case Lake venture, this place is a pure match and supplies an ideal alternative to help and affect future instructions. Each firms deliver important expertise and alternative to the desk, and it’s our intention to leverage the mixed expertise and property as we transfer ahead with growth of Case Lake and different initiatives held by every firm.”

Johnathan Extra , Chairman & CEO of Energy Metals commented, “We welcome Mr. Evans to the Board of Energy Metals. He has accomplished an incredible job to this point with Winsome Sources and his observe file is impeccable. Our subsequent step is to type a proper Collaboration Settlement between our two firms. This may deliver immense worth to all of our shareholders as we will leverage our mixed property and expertise.”

Concurrent with this appointment, Energy Metals accepts the resignation of Zhiwei (Frank) Wang from the Board of Energy Metals and want him the most effective in his future endeavors.

About Winsome Sources

Winsome Sources (ASX: WR1) is a Perth -based, lithium targeted exploration and growth firm with 5 venture areas in Quebec, Canada . Three of Winsome’s initiatives – Cancet, Adina and Sirmac-Clappier are 100% owned by the Firm. The Firm has additionally expanded its lithium footprint in Quebec , with unique choice agreements to amass and discover 669 claims totalling 385m2 in Decelles and an extra 259 claims totalling 149km2 at Mazerac, positioned close to the Quebec mining city of Val-dÓr.

Essentially the most superior venture – Cancet – supplies a shallow, excessive grade lithium deposit and is strategically positioned near established infrastructure and provide chains. Winsome is led by a extremely certified workforce with robust expertise in lithium exploration and growth in addition to main ASX listed firms.

Extra particulars: www.winsomeresources.com.au

Case Lake Property

Case Lake Property is positioned 80 km east of Cochrane , northeastern Ontario near the Ontario – Quebec border. Case Lake Property consists of 585 cell claims in Steele, Case, Scapa, Pliny, Abbotsford and Challies townships, Larder Lake Mining Division. The Property is 10 km x 9.5 km in dimension with 14 recognized tonalite domes. The Case Lake pegmatite swarm consists of six spodumene dykes: North, Major, South, East and Northeast Dykes on the Henry Dome and the West Joe Dyke on a brand new tonalite dome. The Case Lake Property is owned 100% by Energy Metals Corp. A Nationwide Instrument 43-101 Technical Report has been ready on Case Lake Property and filed on July 18, 2017 .

About Energy Metals Corp.

Energy Metals Corp. is a diversified Canadian mining firm with a mandate to discover, develop and purchase top quality mining initiatives. We’re dedicated to constructing an arsenal of initiatives in each lithium and high-growth specialty metals and minerals. We see an unprecedented alternative to produce the large development of the lithium battery and clean-technology industries. Study extra at www.powermetalscorp.com

ON BEHALF OF THE BOARD,

Johnathan Extra , Chairman & CEO

Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of the content material of this information launch.

No securities regulatory authority has both accredited or disapproved of the contents of this information launch. The securities being provided haven’t been, and won’t be, registered underneath the US Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities legal guidelines, and will not be provided or bought in the United States , or to, or for the account or good thing about, a “U.S. particular person” (as outlined in Regulation S of the U.S. Securities Act) until pursuant to an exemption therefrom. This press launch is for info functions solely and doesn’t represent a suggestion to promote or a solicitation of a suggestion to purchase any securities of the Firm in any jurisdiction.

Cautionary Be aware Concerning Ahead-Wanting Info

This press launch incorporates forward-looking info primarily based on present expectations, together with using funds raised underneath the Providing. These statements shouldn’t be learn as ensures of future efficiency or outcomes. Such statements contain recognized and unknown dangers, uncertainties and different components that will trigger precise outcomes, efficiency or achievements to be materially completely different from these implied by such statements. Though such statements are primarily based on administration’s affordable assumptions, Energy Metals assumes no accountability to replace or revise forward-looking info to mirror new occasions or circumstances until required by legislation.

Though the Firm believes that the expectations and assumptions on which the forward-looking statements are primarily based are affordable, undue reliance shouldn’t be positioned on the forward-looking statements as a result of the Firm may give no assurance that they may show to be right. Since forward-looking statements deal with future occasions and circumstances, by their very nature they contain inherent dangers and uncertainties. These statements communicate solely as of the date of this press launch. Precise outcomes might differ materially from these presently anticipated resulting from a number of components and dangers together with numerous threat components mentioned within the Firm’s disclosure paperwork which could be discovered underneath the Firm’s profile on www.sedar.com .

This press launch incorporates “forward-looking statements” throughout the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E the Securities Trade Act of 1934, as amended and such forward-looking statements are made pursuant to the secure harbor provisions of the Personal Securities Litigation Reform Act of 1995. The TSXV has neither reviewed nor accredited the contents of this press launch.