European Energy Metals Obtains DTCC Eligibility

European Energy Metals Obtains DTCC

Eligibility

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2023) - European Energy Metals Corp. (TSXV:

FIN) (FSE: W28) (OTC Pink: EUEMF) ("European Energy Metals" or the "Company") is pleased to

announce it's common shares are now eligible for electronic clearing and settlement through the

Depository Trust Company (DTC).

DTC is a subsidiary of the Depository Trust & Clearing Corp. (DTCC)

that manages the electronic clearing and settlement of publicly traded companies in the United States.

European Energy Metal's common shares are now fully DTC eligible and will continue to trade under the

ticker symbol EUEMF on the OTC Markets. Through an electronic method of clearing securities, DTC

eligibility simplifies the process of trading and transferring the company's common shares between

brokerages in the United States. The company is also in the process of seeking its OTCQX listing with

OTC Markets.

"This is an important step in making European Energy Metal's shares accessible to the widest audience

possible," commented CEO, Jeremy Poirier.

"We continue to move toward a listing upgrade to

OTCQB® to increase liquidity for all shareholders, in addition to improving visibility and investor

awareness," he continued.

About The OTC Markets Group Inc.

OTC Markets Group Inc. operates the OTCQB® Venture Market, the OTCQX® Best Market and the

Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, OTC Markets

Group connects a diverse network of broker-dealers that provide liquidity and execution services. OTC

Markets Group enables investors to easily trade through the broker of their choice and empower

companies to improve the quality of information available for investors.

About European Energy Metals Corp.

European Energy Metals. is a junior mining company currently focussed on the Lithium-Cesium-Tantalum

Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating

environmentally friendly and energy independent laws and policies. One of the key components is

access to REE and specifically Lithium. The company is also focusing on its Champ Copper project

located in Southeast British Columbia.

FOR FURTHER INFORMATION PLEASE CONTACT:

Jeremy Poirier, CEO

Telephone: 604-722-9842

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.

Cautionary Statements Regarding Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable securities

legislation. Forward-looking information is typically identified by words such as: believe, expect,

anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature,

refer to future events. Such statements include, without limitation, statements regarding the future

results of operations, performance and achievements of the Company, including the future planned

exploration programs for, and the exploration potential of, the Finland Pegmatite Project. Although the

Company believes that such statements are reasonable, it can give no assurances that such

expectations will prove to be correct.

All such forward-looking information is based on certain

assumptions and analyses made by the Company in light of their experience and perception of

historical trends, current conditions and expected future developments, as well as other factors

management believes are appropriate in the circumstances. This information, however, is subject to a

variety of risks and uncertainties and other factors that could cause actual events or results to differ

materially from those projected in the forward-looking information. Important factors that could cause

actual results to differ from this forward-looking information include the costs of any anticipated work

programs and the ability to fund such costs, required approvals in connection with any work programs

and the ability to obtain such approvals, risks inherent in exploration as well as those described under

the heading "Risks and Uncertainties" in the Company's most recently filed MD&A. The Company

does not intend, and expressly disclaims any obligation to, update or revise the forward-looking

information contained in this news release, except as required by law. Readers are cautioned not to

place undue reliance on forward-looking information.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/171446