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ENRG.V ·

New Energy Metals Announces Dtc Eligibility

Listings & Exchange

#2300 – 1177 West Hastings Street, Vancouver, BC, Canada, V6E 2K3

Phone: 604-484-1232 / Fax: 604-408-7499

NEW ENERGY METALS ANNOUNCES DTC ELIGIBILITY

NR18-12 July 9, 2018

Vancouver, B.C., July 9, 2018 – New Energy Metals Corp. ( “New Energy Metals” or the

“Company”) (TSX.V: ENRG) (OTC: NEMCF) announces that the Company has secured

eligibility by The Depository Trust Company (DTC) for its share s o n t h e O T C . D T C i s a

subsidiary of the Depository Trust & Clearing Corp. that manage s the electronic clearing and

settlement of publicly traded companies in the United States. DTC eligibility will simplify the

process of trading and is expected to enhance liquidity of the Company's common shares on the

OTC marketplace where New Energy Metals now trades under the symbol “NEMCF”.

About The Company

New Energy Metal’s is focused on the exploration and developmen t of energy metals in Chile.

The Company’s assets include the Cristal copper project located in northern Chile, several

prospective cobalt projects in Chile’s past producing San Juan cobalt district, and a lithium project

in Chile’s Atacama salar district.

On behalf of New Energy Metals Corp.

Grant Ewing, President & CEO

T: 604.484.1232

E: [email protected]

W: www.newenergymetals.ca

Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy

of this release.

Cautionary Note Regarding Forward-Looking Statements

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information

contained herein. This News Release includes certain “forward- looking statements”. Other than statements of

historical fact, all statements included in this release, including, without limitation, statements regarding future plans

and objectives of New Energy Metal s Corp., are forward-looking statements that involve various risks and

uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future

events could differ materially from those anticipated in such s tatements. Important factors that could cause actual

results to differ materially from New Energy Metal’s expectations are the risks detailed herein and from time to time

in the filings made by New Energy Metals Corp. with securities regulators. Those filings can be found on the Internet

at http://www.sedar.com.