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CELL.V ·

Nevada Energy Announces Change to Directors

Management Changes

1220-789 West Pender St

Vancouver, BC, V6C 1H2

604-428-5690

nevadaenergymetals.com

[email protected]

TSX-V: BFF

OTCQB: SSMLF

Frankfurt: A2AFBV

NEVADA ENERGY ANNOUNCES CHANGE TO DIRECTORS

November 4, 2020, Vancouver, BC, Nevada Energy Metals Inc. (the “Company”), TSXV: BFF (OTCQB: SSMLF)

(Frankfurt: A2AFBV) announces the resignation of James Hellwarth as a Director of the Company effective today.

Mr. Hellwarth will continue to serve as a strategic advisor to the Company.

About Nevada Energy Metals:

Nevada Energy Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture

Exchange. The Company’s maintains a focus on exploration for high value battery metals required for the electric

vehicle (EV) market. The Company recently announced several acquisitions resulting in a significant property

package prospective for awaruite, a naturally occurring nickel-iron alloy important in the manufacture of

environmentally efficient batteries for the electric vehicle markets globally.

Nickel Projects

The Mount Sidney Williams Group consists of five claim blocks in four groups with a total area of 6,125.32 hectares

in the area surrounding Mount Sidney Williams, both adjoining and in close proximity to the Decar project of FPX

Nickel Corp. (TSXV:FPX), located 100 kilometres northwest of Fort St. James, B.C., in the Omineca Mining Division.

Metallic mineralization includes nickel, cobalt, and chromium. At least some of the nickel mineralization occurs as

awaruite.

The Mitchell Range Group area claim consist of two contiguous claim blocks covering 3,134.70 hectares with

demonstrated metallic mineralization including nickel, cobalt, and chromium. Nickel-cobalt mineralization has not

been well explored, but the presence of awaruite has been documented. The Company is planning detailed

exploration for the upcoming exploration season. The purchase agreements for certain claims is subject to TSX

Venture Exchange approval.

Lithium Projects

The Clayton Valley BFF-1 Project is an early-stage lithium brine prospect in Esmeralda County, Nevada. A total of 77

placer claims covering about 640 ha (1,500 acres) were staked over the western side of the Clayton Valley playa. The

property position covers an inferred graben bounded by the Silver Peak range front on the west and Goat Island on

the east. The exploration concept is the graben is a sub-basin of the larger Clayton Valley basin and may represent a

secondary trap for lithium brines within the greater system.

On Behalf of the Board of Directors

“Robert Setter”

Robert Setter, President & CEO

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 contents of this news release. This news release may contain forward-looking statements

which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and

uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs,

geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking.

Forward-looking statements are not guarantees of future performance and actual results may vary materially from those

statements. Availability of financing, and general business conditions are all factors that could cause actual results to vary

materially from forward-looking statements.