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Critical Elements Lithium Announces Appointment of Ms.n Ancy Duquet -H Arvey as Senior Director of Sustainable Development and Environment

Management Changes

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PRESS RELEASE

CRITICAL ELEMENTS LITHIUM ANNOUNCES APPOINTMENT OF

MS.N ANCY DUQUET -H ARVEY AS SENIOR DIRECTOR OF SUSTAINABLE DEVELOPMENT AND

ENVIRONMENT

June 27, 2023 - M ONTRÉAL ,Q UÉBEC – Critical Elements Lithium Corporation (TSX-V: CRE) (US OTCQX:

CRECF) (FSE: F12) (" Critical Elements " or the " Corporation ") is pleased to announce the appointment

of Ms. Nancy Duquet-Harvey as Senior Director of Sustainable Development and Environment.

Ms. Duquet-Harvey holds a Bachelor of Science in En vironmental Management from Royal Roads

University in Victoria, British Columbia and a Mining Engineering Technician from the Haileybury School of

Mines. Ms. Duquet-Harvey brings to the Company extensive environment experience at mining operations

and obtaining environmental permits in northern Canada and Nunavut. She has over 25 years' experience

in environmental studies, environmental monitoring and working closely with local aboriginal groups. S he

has contributed to the successful implementation of numerous environmental programs at several mining

companies, including Agnico Eagle - Nunavut, Alamos Gold - Young-Davidson, Kirkland Lake Gold -

Macassa Mine, New Britannia Mine - Manitoba and Kinross Gold - Macassa Mine, Bell Creek Mill.

Yves Perron, Vice President Engineering, Construction and Reliability, said: "I am proud to announce t he

arrival of a new member of the team of Critical Ele ments Lithium Corporation. We welcome Ms. Duquet-

Harvey as Senior Director of Sustainable Developmen t and Environment. She will implement high

environmental standards and support the engineering and construction team in the permit application

process for the Rose Lithium-Tantalum project. She will also strengthen the team already in place and she

will be one of the leaders to drive our Company towards environmental excellence and making this project

a success."

It is important to note that Critical Elements' Ros e project is one of the most advanced hard-rock lit hium

projects in North America. It has in place:

 The Pikhuutaau Agreement, a complete Impact and Be nefits Agreement for development, signed

with the Cree governments in July 2019;

 The favourable decision of the Federal Minister of Environment and Climate Change rendered in

August 2021;

 The approval by the Québec Minister of Natural Res ources and Forests of the rehabilitation and

restoration plan concerning the Project in May 2022; and

 The receipt of the Certificate of Authorization pu rsuant to section 164 of Québec’s Environment

Quality Act from the Minister in November 2022.

The Corporation anticipates receipt of the Project's Mining Lease in the near future, which will be an other

important step closer to making a final investment decision for the Project.

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, the Corporat ion’s first lithium project to be advanced within a land

portfolio of over 1,050 square kilometers. On June 13 th , 2022, the Corporation announced results of a

feasibility study 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 esti mated 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

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boasts good infrastructure including a low-cost, low-carbon power grid featuring 94% hydroelectricity. The

project has received approval from the Federal Mini ster of Environment and Climate Change on the

recommendation of the Joint Assessment Committee, c omprised of representatives from the Impact

Assessment Agency of Canada and the Cree Nation Gov ernment and also received the Certificate of

Authorization pursuant to section 164 of Québec's Environment Quality Act from the Québec Minister of the

Environment, the Fight against Climate Change, Wildlife and Parks.

For further information, please contact:

Patrick Laperrière

Director of Investor Relations and Corporate Development

514-817-1119

[email protected]

www.cecorp.ca

Jean-Sébastien Lavallée, P. Géo.

Chief Executive Officer

819-354-5146

[email protected]

www.cecorp.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is described in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary statement concerning forward-looking statements

This news release contains “forward-looking informa tion” within the meaning of Canadian Securities leg islation.

Generally, forward-looking information can be identified by the use of forward-looking terminology such as “scheduled”,

“anticipates”, “expects” or “does not expect”, “is expected”, “scheduled”, “targeted”, or “believes”, or variations of such

words and phrases or statements that certain action s, events or results “may”, “could”, “would”, “migh t” or “will be

taken”, “occur” or “be achieved”. Forward-looking information contained herein include, without limitation, statements

relating to the permitting process. Forward-looking information is based on assumptions management bel ieves to be

reasonable at the time such statements are made. Th ere can be no assurance that such statements will p rove to be

accurate, as actual results and future events could differ materially from those anticipated in such s tatements.

Accordingly, readers should not place undue reliance on forward-looking information.

Although Critical Elements has attempted to identify important factors that could cause actual results to differ materially

from those contained in forward-looking information , there may be other factors that cause results not to be as

anticipated, estimated or intended. Factors that ma y cause actual results to differ materially from ex pected results

described in forward-looking information include, but are not limited to: the final outcome of the permitting process and

the Corporation’s ability to meet all conditions imposed thereunder, uncertainties with respect to social, community and

environmental impacts, uncertainties with respect to optimization opportunities for the Rose Project, as well as those

risk factors set out in the Corporation’s most rece nt quarter ended Management Discussion and Analysis dated

February 28, 2023 and other disclosure documents available under the Corporation’s SEDAR profile. Forward-looking

information contained herein is made as of the date of this news release and Critical Elements disclaims any obligation

to update any forward-looking information, whether as a result of new information, future events or results or otherwise,

except as required by applicable securities laws.