New Energy Metals Announces Trading Symbol Change ON the OTC Markets
NEW ENERGY METALS ANNOUNCES TRADING SYMBOL CHANGE
ON THE OTC MARKETS
Vancouver, British Columbia, May 15, 2023 – New Energy Metals Corp. (TSXV: ENRG) (OTCPink:
NRGYF) (“New Energy” or the “Company “) is pleased to announce that its trading symbol on the OTC
Pink Open Market (the “OTC Pink”) has changed from “NEMCF” to “NRGYF”. The Company’s common
shares (the Common Shares”) commenced trading on the OTC Pink under “NRGYF” on May 10, 2023.
The Company is also pleased to announce that it has made application to uplist the Common Shares
from the OTC Pink to the OTCQB® Venture Market (the “OTCQB”). The Company believes that the
uplisting to the OTCQB will provide enhanced investor benefits including higher reporting standards,
greater access to analyst coverage and news services and more comprehensive compliance
requirements. The listing of the Common Shares on the OTCQB remains subject to the approval of
the OTCQB and the satisfaction of applicable listing requirements.
The OTCQB, operated by the OTC Markets Group Inc., is a premier and established marketplace for
entrepreneurial and development stage U.S. and international companies. To be eligible, companies
must be cur rent in their financial reporting and undergo an annual verification and management
certification process. With more compliance and quality standards, the OTCQB provides a strong
baseline of transparency to improve the information and trading experience for investors. The OTCQB
is recognized by the U.S. Securities and Exchange Commission as an established public market
providing public information for analysis and value of securities.
The Common Shares continue to trade under the symbol “ENRG” on the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS,
New Energy Metals Corp.
Rishi Kwatra
CEO & Director
#610 – 700 West Pender Street
Vancouver, BC V6C 1G8, Canada
Tel: 604-669-9788
www.new-enrg.com
About New Energy Metals Corp.
New Energy is a Canadian -based resource company listed on the TSX Venture Exchange under the
symbol ENRG. The Company has an option to purchase a 100 -per-cent interest in the Roslyn lithium
property, covering 5,100 hectares located 20 kilometers southeast of the Georgia Lake pegmatite
2
field and 35 kilometers southeast of where Rock Tech Lithium just published a preliminary economic
assessment supporting the indicated mineral resource of 10.6 Mt (million tons) grading 0.88 per cent
lithium oxide and an inferred mineral resource of 4.2 Mt grading 1.0 per cent Li2O. The Company also
has an option to purchase a 100 -per-cent interest in the Troitsa copper property covering
approximately 7,000 hectares located in the Omineca mining division of British Columbia.
Cautionary Statement on Forward Looking Information
Certain statements made, and information contained herein may constitute “forward looking
information” and “forward looking statements” within the meaning of applicable Canadian
and United States securities legislation. These statements and information are based on facts
currently available to the Company and there is no assurance that actual results will meet
management’s expectations. Forward-looking statements and information may be identified by such
terms as “anticipates”, “believes”, “targets”, “estim ates”, “plans”, “expects”, “may”, “will”,
“speculates”, “could” or “would”.
All of the forward -looking statements made in this document are qualified by these cautionary
statements. Although the Company 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, forecast or intended and readers
are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have
been used. Should one or more of these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those described in forward -
looking information. Accordingly, there can be no assurance that forward- looking information will
prove to be accurate and forward -looking information is not a guarantee of future performance.
Readers are advised not to place undue reliance on forward-looking information. The forward-looking
information contained herein speaks only as of the date of this document. The Company disclaims
any intention or obligation to update or revise forward–looking information or to explain any material
difference between such and subsequent actual events, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements