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ENRG.V ·

New Energy Metals Posts Link to Recording of Investor Conference Call

Marketing Announcement

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

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

NEW ENERGY METALS POSTS LINK

TO RECORDING OF INVESTOR CONFERENCE CALL

NR18-23 December 13, 2018

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

(TSX.V:ENRG) (OTC:NEMCF) announces that it has completed the pr eviously announced

investor conference call regarding the Company's current operat ions and future development

plans, and has arranged for a recording of the call to be avail able at the following link, which is

also available on the Company's website:

https://www.newenergymetals.ca/wp-content/uploads/2018/12/121218-1615-EQUI-

EVT61-New-Energy-Metals-Corp.wav

César López, President and CEO of the Company, commented, "I wo uld like to thank

New Energy Metals' stakeholders for participating in the invest or conference call today. I trust

that the conference call provided the investment community with valuable insight into New

Energy Metals' vision and strategic plan to build the Company into a leading player in the energy

metals space. As discussed on the call, we are focused on cont inuing to bring high quality

individuals to the company and enhancing the Company's asset ba se, which is focused on

Chilean cobalt and copper assets."

Highlights from the call included discussions regarding the following:

 Strategic Acquisitions: New Energy Metals is in negotiations with two major mining

companies that have significant operations in Chile. The Compa ny is interested in

acquiring advanced copper and cobalt exploration properties in Chile that have a

substantial mineral resource.

 Field Exploration Program Update: Based on the information gathered and sampling

conducted by New Energy Metals at its Cobaltera projects locate d in the San Juan cobalt

district in the Atacama Region of Chile, the Company has identi fied various compelling

targets. These are target zones are expected to be drilled over the next six months.

The Company is conducting geological mapping and underground sa mpling on a 40km 2

area of interest at the Company's Cobaltera projects and a tech nical report on the property

prepared in accordance with National Instrument 43-101 - Standards of Disclosure for

Mineral Projects ("NI 43-101") is anticipated to be released in January 2019.

 Management Team and Board of Directors: New Energy Metals plans to continue to

attract and recruit qualified individuals with expertise in Chi le, with the intention of

aligning the Company's board of directors and management team with its strategic plan of

focusing on Chilean cobalt and copper assets and being a leader in Chilean energy

metals.

NR18-23 Continued 2 December 13, 2018

 Neighbouring Property: The Company is closely following the exploration

advancements and expenditures being made by Genlith Inc. ("Genl ith"), an American

holding company (www.genlith.com), at Genlith's neighbouring cobalt projects.

The Company also clarifies statements made during the conference call regarding the Company's

ownership of the Cobaltera projec ts, being the Victoria, Onix, Consuelo, Amelia and La Pirula

cobalt projects. On the call it was incorrectly stated that th e Company owns 100% of the assets

comprising the Cobaltera projects. Rather, the Company has opt ions to acquire a 100% interest

in and to the concessions comprising these projects, which it is currently earning-in on.

Information Regarding Historical Resource Estimates

New Energy Metals would not tr eat a resource estimate on a prop erty acquired by the Company

as current mineral resources or mineral reserves and additional work would be required in order

to verify any historical estimate as a current mineral resource.

Qualified Person

Mr. Enrique Reichhard Barends, P.Geo., Comisión Calificadora de Competencias en Recursos y

Reservas Mineras (Chilean Mining Commission) is a qualified person as defined b y NI 43-101.

Mr. Barends has reviewed the technical information that forms the basis of this news release and

has approved the disclosure herein. Mr. Barends is not independent of the Company.

About the Company

New Energy Metals is focused on the exploration and development of energy metals in Chile.

The Company's assets include the Cristal copper project located in northern Chile and several

prospective cobalt projects in Chile's past producing San Juan cobalt district.

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

This news release and the investor conference call contain forward-looking statements and forward-looking

information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S.

securities legislation, including the United States Private Securities Litigation Reform Ac t of 1995. All statements,

other than statements of historical fact, included herein and in the investor conference call including, without

limitation, the Company's expectation that it will be able to enter into agreements to acquire properties in Chile,

including agreements with major mining companies in Chile that have properties with resource estimates, the

Company's expectation that it will be successful in enacting its business plans, the anticipated content,

NR18-23 Continued 3 December 13, 2018

commencement, timing and cost of exploration programs in respect of the Company's projects and otherwise, the

Company's assessment of future risks associated with mining activities in Chile and on the Company's projects,

anticipated results from exploration activities, the Company's expectation that it will be able to obtain the necessary

permits to exploit, develop, produce a nd export copper or cobalt, and the anticipated busi ness plans and timing of

future activities of the Company, including changes to the Company's management team and board of directors, are

forward-looking statements. Although the Company believes that such statem ents are reasonable, it can give no

assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by

words such as: "believes", "will", "expec ts", "anticipates", "intends", "es timates", "plans", "may", "should",

"potential", "scheduled", or variations of such words and phrases and similar expressions, which, by their nature,

refer to future events or results that may, could, would, might or will occur or be ta ken or achieved. In making the

forward-looking statements in this news release, the Co mpany has applied several mate rial assumptions, including

without limitation, that it will be able to negotiate and execute agreements for asset acquisitions in Chile and that it

will obtain TSX Venture Exchange acceptance of same, that the Company will be able to attract and retain qualified

individuals to act as members of the Company's management team and board of directors, that market fundamentals

will result in sustained energy metals demand and pri ces, the receipt of any necessary permits, licenses and

regulatory approvals in connection with the future d evelopment of the Company's Chilean projects in a timely

manner, the availability of financing on suitable terms for the development, construction and continued operation of

the Company projects, and the Company's ability to comply with environmental, health and safety laws.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the

actual results, performance or achievements of the Company to differ materially from any future results,

performance or achievements expressed or implied by th e forward-looking information. Such risks and other

factors include, among others, the ability of the Company to obtain sufficient financing to fund its business activities

and plans, operating an d technical difficulties in connection with mi neral exploration and development and mine

development activities for the Company's projects generally, actual resu lts of exploration activities, the timing and

amount of estimated future production, costs of production, capital expenditures, requirements for additional

capital, future prices of precious metals, copper and cobalt, changes in general economic conditions, changes in the

financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery

rates, possible failures of plants or processes to operate as anticipated, other risks of the mining industry, the

inability to obtain any necessary governmental and regulatory approvals (including TSX Venture Exchange

acceptance of acquisitions), permits or financing or in the completion of development or construction activities,

changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title

disputes or claims limitations on insurance coverage, risks re lated to joint venture operations, and risks related to

the integration of acquisitions, as well as those factors discussed under the heading "Risks and Uncertainties" in the

Company's most recent management's discussion and analysis and other filings of the Company with the Canadian

Securities Authorities, copies of which can be found under the Company's profile on the SEDAR website at

www.sedar.com.

Readers are cautioned not to place undue reliance on forward-looking statements. Except as otherwise required by

law, the Company undertakes no obligation to update any of the forward-looking information in this news release,

the conference call or incorporated by reference therein.