Critical Elements (TSXV

CRE) and Natan (TSXV: NRL) to Explore Duval Lithium Property in Quebec

MONTREAL, QUEBEC--(Marketwired - July 6, 2016) - Critical Elements Corporation ("Critical Elements" or the "Company") (TSX VENTURE:CRE) (OTCQX:CRECF) (FRANKFURT:F12) and Natan Resources Ltd ("Natan") (TSX VENTURE:NRL) are pleased to announce that Critical Elements and Natan have entered into an option agreement ("Agreement") that gives Natan the right to acquire up to a 70% interest in the Duval project, located south-west of and contiguous to the Nemaska Lithium Whabouchi Deposit.

"The Duval project represents a great opportunity for Natan Resources, Critical Elements and the shareholders of both entities. The hard work of companies such as Critical Elements and Nemaska Lithium have unveiled the potential of the Lac des Montagnes volcano-sedimentary belt as one of the most important spodumene lithium hard rock deposit in the world, both in volume and grade.", stated Michael Blady, CEO of Natan. "This acquisition has given Natan a great address, adjacent to Nemaska's Whabouchi property, which is considered by many the premier spodumene lithium deposit in North America. We are excited to confirm the great potential of this property and will be working swiftly and diligently to plan and execute a program this summer."

"This option agreement with Natan will allow the Duval property to be explored in detail for a Lithium Pegmatite discovery. Critical Elements is currently focused on the development of its Rose lithium-tantalum project. With Natan farming into the Duval project, shareholders of both companies will be able to benefit from successful exploration of a highly prospective project," stated Jean-Sébastien Lavallée, President and CEO, Critical Elements.

The Duval property is comprised of two blocks totaling 46 claims, with a total area of 2,458.92 hectares covering a distance of approximately 7 kilometres along a SW-NE axis. It lies two kilometres south of the Route du Nord and is served by a Hydro Quebec power line and a gravel road, which cross the southern half of the block in a southeasterly direction. The Duval main block can be accessed by the road leading to Lac des Montagnes and then by boat. An old winter road along the SE shore of Lac des Montagnes has been refurbished and can be used for winter drilling on the main block.