Critical Elements Announces the Results from the Annual and Special Meeting of Shareholders

Critical Elements Lithium Corporation (TSX-V:CRE)(OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce having obtained an order from the Minister of Transport of Canada (the "Order") exempting the Corporation from the prohibition to dewater navigable waters under the Canadian Navigable Waters Act ("CNWA") impacting 28 navigable waters located either on top of or around the perimeter of the future open pit mine site for the Rose Lithium-Tantalum project

Indeed, Subsection 23(1) of the CNWA prohibits taking any action, such as dewatering, that lowers the water level of a navigable water or any part of a navigable water to a level that extinguishes navigation for vessels, unless the Minister of Transport receives an application for an exemption and the Governor in Council is satisfied that it would be in the public interest to permit the dewatering that extinguishes navigation. Following a detailed review and analysis of the Corporation's request, Transport Canada concluded that it would be in the public interest to permit the dewatering, thereby reducing water levels in the 28 navigable waters and making navigation impracticable. As a result, an exemption was granted to the Corporation pursuant to subsection 24(1) of the CNWA.

Critical Elements Lithium Corporation (TSX-V:CRE)(OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce the first grab sample results from the newly discovered spodumene-bearing pegmatite located approximately 8 km west of the Rose deposit (Figure 1

The Rose Lithium-Tantalum project ("Rose or the "Project") is situated within the Rose and Rose South property blocks (Figure 1), which constitute 395 km², or only 38% of the 1,050 km² in the Corporation's highly prospective exploration portfolio in Québec.

Critical Elements Lithium Corporation (TSX-V:CRE)(US OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce that it has ordered the equipment with the longest lead time to manufacture, namely transformers (315 kV to 25kV) for the main power station of the Rose Lithium-Tantalum project (the "Project"). The order was concluded with one of the leaders in the design and construction of industrial transformers, the Italian company Tamini Trasformatori Srl

In order to meet the electrical energy needs of the Project, the Corporation will install two electrical transformers with a ventilation stage during the construction period. The two transformers will operate simultaneously to supply the site and the operating processing plant. A single transformer will be able to support all loads in the event of failure of one of the two transformers.

Critical Elements Lithium Corporation (TSX-V:CRE)(OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce that it has entered into a mining lease with the Québec Minister of Natural Resources and Forests for the Rose Lithium-Tantalum project. The mining lease is granted under the Québec Mining Act and gives the holder the right to mine mineral substances for the Rose Lithium-Tantalum project. The mining lease is granted for a period of 20 years

Jean-Sébastien Lavallée, Corporation's CEO commented: "Today's news represents one of the final steps towards the development of the Rose Lithium-Tantalum project. As of today, we can say that the regulatory process is for the most part behind us."

Critical Elements Lithium Corporation (TSXV:CRE) (US OTCQX:CRECF) (FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce that, since the restart of exploration work on the Rose Lithium-Tantalum Project ("Rose" or "Project"), located in the Eeyou Istchee-James Bay region of Quebec, field crews have successfully discovered several new spodumene-bearing pegmatite outcrops

As outlined in the news release dated September 5, 2023, Critical Elements has recommenced ground exploration focused on defining drill targets for a significant fall and winter drill program. Multiple rigs will be deployed to drill-test new targets. The Rose project is situated within the Rose and Rose South claim blocks (Figure 1), which constitute 395 km², or only 38 % of the 1,050 km² in the Corporation's highly prospective exploration portfolio in Québec. It is important to note that the Rose project mineral resource estimate is based largely on drilling that concluded in 2016 as management focused on delivering technical studies and advancing permitting at that time.