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ENRG.V ·

New Energy Metals Announces the Appointment of Mr. Ignacio Perez-Walker to the Board of Advisors

Management Changes

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

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

NEW ENERGY METALS ANNOUNCES THE APPOINTMENT OF

MR. IGNACIO PEREZ-WALKER TO THE BOARD OF ADVISORS

NR18-22 December 12, 2018

Vancouver, B.C. – New Energy Metals Corp. ( "New Energy Metals " or the " Company")

(TSX.V:ENRG) (OTC:NEMCF) is pl eased to announce the appointment of Mr. Ignacio Perez-

Walker to a newly created Board of Advisors. A former Chilean Senator, Mr. Perez-Walker

represented the Third Region of Atacama on behalf of the Nation al Renewal party; the same

political party to which Chile's current President-Elect, Mr. Sebastian Piñera belongs.

Mr. Perez-Walker has served as a member of Chile's Energy Commi ttee since 2013, and is

presently an advisor to ENGIE ( formerly GDF Suez ), a French multinational utility company

with a focus on the emerging renewable energy market. Mr. Pere z - W a l k e r i s a l s o a f o r m e r

member of the Foreign Relations Committee of the Chilean Senate where he served as chair of

the Mining and Energy Senate Committee from 1996 to 2002. In a ddition, he has served as an

advisor to the boards of SQM, Compañía Minera Carola, and SONAM I (the National Mining

Society of Chile). Mr. Perez-Walker earned his law degree and a Masters of Science in

Development Studies with a major in Economics from Pontificia U niversidad Católica de Chile,

validated by the Catholic University of Leuven, Belgium.

"I am very excited to welcome Ignacio to the Board of Advisors, " commented César Lopez,

President and CEO of the Company . "Ignacio has had a long and successful career both in

politics and in the energy sect or and has a deep understanding of emerging energy markets. His

expertise and vast network will be a tremendous asset to the Company."

Mr. Perez-Walker stated, "Given the impressive track record of César and the other board

members, I feel confident that I have joined a dedicated and ex perienced team who is interested

in providing a meaningful contribution to the emerging energy market."

About the Company

New Energy is a mineral resource company with cobalt interests in Chile. The Company’s main

focus is the acquisition of maj or copper and cobalt projects in Chile. To date, the Company has

positioned itself to develop its historically producing Cobaltera assets.

The copper and cobalt market are in a major trend that is rapid ly increasing metal demand and

are the result of electric mobility and energy storage. New Ene rgy is positioning itself to be a

major beneficiary of this future mismatch of supply and demand.

For further details on the Company readers are referred to the Company’s website

(www.newenergymetals.ca) and its Canadian regulatory filings on SEDAR at www.sedar.com.

NR18-21 Continued 2 December 11, 2018

On behalf of New Energy Metals Corp.

César López, 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 rel ease may contain certain "forwa rd-looking statements". Other than statements of

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

and objectives of the Company, are forward-looking statements t hat involve various risks and uncertainties. There

can be no assurance that such statements will prove to be accur ate, and actual results and future events could differ

materially from those anticipated in such statements. Importan t factors that could cause actual results to differ

materially from New Energy Metals' expectations are the risks d etailed herein and from time to time in the filings

made by the Company with securities regulators. Those filings can be found on the Internet at www.sedar.com.