Critical Elements Announces the Results from the Annual and Special Meeting of Shareholders
PRESS RELEASE
CRITICAL ELEMENTS ANNOUNCES THE RESULTS FROM THE ANNUAL
AND SPECIAL MEETING OF SHAREHOLDERS
SEPTEMBER 14, 2022 – MONTREAL , QUEBEC – CRITICAL ELEMENTS LITHIUM CORPORATION (the
“Corporation ” or “ Critical Elements ”) (TSX.V: CRE) (US OTCQX: CRECF) (FSE: F12) is pleased
to announce that at its Annual shareholders meeting (the “ Meeting ”) held on September 13, 2022,
shareholders of the Corporation approved all the resolutions, as follows:
Election of Jean-Sébastien Lavallée, Steffen Haber, Eric Zaunsc herb, Marc Simpson,
Matthew Lauriston Starnes, Marcus Brune, Maysa Habe lrih, Ani Markova and Vanessa
Laplante as directors;
Appointment of KPMG LLP as auditors;
Adoption of the Corporation’s equity incentive compensation plan (the “ Omnibus Plan ”).
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 Québec. Rose is the Corporation’s first lithium project to
be advanced within a land portfolio of over 700 squ are kilometers. On June 13 th , 2022, the
Corporation announced results of a feasibility stud y 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,
Québec is strategically well-positioned for US and EU markets and boasts good infrastructure
including a low-cost, low-carbon power grid featuring 93% 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 repres entatives from the Impact Assessment
Agency of Canada and the Cree Nation Government; The Corporation is working to obtain similar
approval under the Québec environmental assessment process. The Corporation also has a good,
formalized relationship with the Cree Nation.
FOR FURTHER INFORMATION , PLEASE CONTACT :
Patrick Laperrière
Director of Investor Relations and Corporate Development
514-817-1119
www.cecorp.ca
Jean-Sébastien Lavallée, P.Geo.
Chief Executive Officer
819-354-5146
www.cecorp.ca