EMP METALS RECEIVES APPROXIMATELY $2.5 MILLION FROM WARRANT EXERCISE

EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) ("EMP Metals" or the "Company ") is pleased to announce positive results from the recently completed flow test of its second test well, 14-36-009-13W20, in the Mansur permit area located in southeast Saskatchewan ( Figure 1 ).  Third-party laboratory testing returned lithium concentrations in the Duperow formation up to 148 mgl. 1

The flow test confirmed high lithium concentrations ranging from 77 to 148 mg/l within 3 zones targeted for future development within the Duperow beds ( Figure 2 ).
The Wymark C zone tested 147 to 148 mg/l from a 11.6 m thick zone with average porosity of 10.4%.
The Wymark E zone tested 101 to 106 mg/l from a 4.9 m thick zone with average porosity of 12.7%.
The Wymark B zone tested 77 mg/l from a 16.9m thick zone with average porosity of 13.8%.

VANCOUVER, BC Dec. 21, 2022 CNW EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) ("EMP Metals" or the "Company ") is pleased to announce that it has obtained approval from the OTC Markets Group for listing of its common shares on the OTCQB under the symbol "EMPPF". It is anticipated that EMP Metals' uplisting to the OTCQB will provide greater liquidity and a more seamless trading experience for U.S. shareholders. Trading on the OTCQB will begin December 21, 2022 .

EMP Metals' common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol "EMPS".

EMP Metals Corp. (CSE: EMPS) (OTC: EMPPF) ("EMP Metals" or the "Company ") is pleased to announce that Hub City Lithium Corp. (" HCL "), a subsidiary company to EMP, has acquired an additional wellbore in its Mansur Permit Area.

The new well, 141/08-03-009-13 W2M (" Third Test Well "), is located at the Mansur Permit Area of southeast Saskatchewan and is approximately half a mile from the Company's first test well in the Mansur which confirmed concentrations of up to 96.3 mg/l in the Duperow zone and approximately one and a half miles from the second test well for which results are pending (please see press release dated October 31 , 2022).  The Third Test Well has been acquired for no consideration and the assumption of future abandonment and reclamation costs.

EMP Metals Corp. (CSE: EMPS) (OTC: EMPPF) ("EMP" or the "Company ") is pleased to announce Hub City Lithium Corp. ("HCL"), a subsidiary company to EMP, has spud its first targeted lithium well in Viewfield, Saskatchewan.  Drilling operations are expected to be completed by November 14 th 2022.  Following drilling, testing of the Duperow formation to evaluate brine concentration and flow rates will commence.

Brine sampling of a vertical wellbore on HCL's Mansur property returned lithium concentrations of up to 96 mg/l in the Duperow formation.  EMP is concurrently testing a second well on the Mansur permit (see press release dated October 31, 2022 ), and drilling the Viewfield well approximately 40 km to the southeast.  Both of these tests offset the 14-12 Midale well, which has similar geology, and tested lithium concentrations up to 190 mg/l. ¹ Positive results at Viewfield and Mansur have the potential to establish a lithium brine resource that is contiguous over several townships of HCL's land holdings.

EMP Metals Corp. (CSE: EMPS) (OTC: EMPPF) ("EMP" or the "Company ") is pleased to announce Hub City Lithium Corp. ("HCL"), a subsidiary company to EMP, has now commenced the re-entry of wellbore 10114-36-008-13 W2M (the "Second Test Well") to test the inflow potential and lithium concentrations in the Duperow zone. The Second Test Well is located in the Mansur Permit Area of southeast Saskatchewan approximately half a mile from the Company's first test well, 1111-02-009-13W20, which confirmed lithium concentrations of up to 96.3 mgl (see press release dated February 2, 2022 ).

Rob Gamley , CEO of EMP, commented, "We are pleased to commence this second re-entry at Mansur and believe it will be a key catalyst for EMP Metals and the expansion of our prospect. This operation will complement our results from our first re-entry, and we are optimistic this step-out re-entry will allow us the option to consider a Preliminary Economic Assessment."