Critical Elements Announces the Signing of an Agreement to Buyback 49% Interest IN the Bourier Property
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PRESS RELEASE
CRITICAL ELEMENTS ANNOUNCES THE SIGNING OF AN AGREEMENT TO BUYBACK
49% INTEREST IN THE BOURIER PROPERTY
July 2ND, 202 5 - MONTRÉAL, QUÉBEC – Critical Elements Lithium Corporation (TSX -V: CRE) (US
OTCQX: CRECF) (FSE: F12) ( "Critical Elements" or the "Corporation”) is pleased to announce that it
has entered into an Asset Purchase Agreement with Lomiko Metals Inc. (“Lomiko”) for the repurchase of
the 49% interest in the Bourier property that had been acquired by Lomiko following the signing of an Option
Agreement in April 2021. Upon closing, the Co rporation will pay Lomiko $30,000 in cash to acquire their
49% interest in 203 exclusive exploration rights , t hereby regaining a 100% ownership in the Bourier
property.
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-Tantalum project in Québec, the Corporation’s first lithium project to be advanced within
a land portfolio of over 1,050 km 2. On August 29, 2023, the Corporation announced results of a new
Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return
for the Project is estimated at 65.7%, with an estimated after -tax net present val ue of US$2.2B 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 94% hydroelectricity. The
project has receiv ed approval from the Federal Minister of Environment and Climate Change on the
recommendation of the Joint Assessment Committee, comprised of representatives from the Impact
Assessment Agency of Canada and the Cree Nation Government, received the Certificate of Authorization
under the Environment Quality Act from the Québec Minister of the Environment, the Fight against Climate
Change, Wildlife and Parks, and the project mining lease from the Québec Minister of Natural Resources
and Forests under the Québec Mining Act.
For further information, please contact:
Jean-Sébastien Lavallée, P. Géo.
Chief Executive Officer
819-354-5146
www.cecorp.ca
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the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.