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ETL.V ·

325,000 incentive stock options (the “Options”), with an exercise price of $0.43 per Option, to certain directors, officers, employees and consultants under its existing stock option plan. The Options are exercisable for a

Mergers & Acquisitions Share Capital & Compensation

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Vancouver, British Columbia - (May 31, 2019) – E3 METALS CORP.

(TSX.V: ETMC.H) (the “Company” or “E3 Metals”) announces the grant of

325,000 incentive stock options (the “Options”), with an exercise price of

$0.43 per Option, to certain directors, officers, employees and consultants

under its existing stock option plan. The Options are exercisable for a

period of two years with no vesting terms.

On Behalf of the Board of Directors

Chris Doornbos

President & CEO

Neither TSX Venture Exchange nor its Regulat ion Services Provider (as that term is

defined in policies of the TSX Venture Ex change) accepts responsibility for the

adequacy or accuracy of this release.

E3 Metals Corp. Grants Options

DIRECTORS

Chris Doornbos

Paul Reinhart

Mike O’Hara

Peeyush Varshney

CONTACT INFORMATION

205 - 227 10th St NW

Calgary, AB

T2N 1V5

+1 587 324 2775

[email protected]

e3metalscorp.com

TSXV: ETMC

FSE: OU7A

OTC: EEMMF