European Electric Metals Grants Stock Options

488-1090 West Georgia St. www.europeanelectricmetals.com Vancouver B.C. Canada V6E3V7 [email protected] Tel: 604-687-7130 TSX-V: EVX

April 26, 2018

NEWS RELEASE

European Electric Metals Grants Stock Options

European Electric Metals Inc. (the “Company”) announces that it has granted 3,545,000 incentive stock options to certain directors, officers and consultants of the Company, exercisable at $0.50 per share for a period of 5 years from the date of grant. The Company has also cancelled 65,500 outstanding stock options and is seeking TSX Venture Exchange approval to re-price 303,250 outstanding stock options at $0.50 per share. The stock option grant, cancellation and re-pricing are subject to the Company’s Stock Option Plan and regulatory acceptance.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

On Behalf of the Company, Fred Tejada, Chief Executive Office and Director